Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.79B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$576M |
| 3 |
Microsoft
MSFT
|
+$546M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$436M |
| 5 |
JPMorgan Chase
JPM
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.48B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$765M |
| 4 |
Apple
AAPL
|
+$656M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$526M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.7% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Financials | 1.18% |
| 4 | Communication Services | 1.07% |
| 5 | Healthcare | 0.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
6776
Invesco CurrencyShares Swiss Franc Trust
FXF
$395M
| $942K | ﹤0.01% |
9,467
-52,095
| -85% | -$5.16M |
|
6777
First Financial Bancorp
FFBC
$3.61B
| $941K | ﹤0.01% |
46,022
-4,951
| -10% | -$101K |
|
|
OLO
6778
CALL
DELISTED
Olo Inc
OLO
| $941K | ﹤0.01% |
145,600
-900
| -0.6% | -$6.48K |
|
6779
Enviri
NVRI
$579M
| $941K | ﹤0.01% |
95,290
-16,569
| -15% | -$137K |
|
6780
CALL
MaxLinear
MXL
$7.69B
| $940K | ﹤0.01% |
29,800
+11,100
| +59% | +$321K |
|
6781
Nuveen ESG Large-Cap Growth ETF
NULG
$2.8B
| $940K | ﹤0.01% |
15,111
-14,633
| -49% | -$836K |
|
|
HEP
6782
CALL
DELISTED
Holly Energy Partners, L.P.
HEP
| $940K | ﹤0.01% |
50,800
+4,300
| +9% | +$74.5K |
|
6783
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.6B
| $940K | ﹤0.01% |
18,830
-65,949
| -78% | -$3.29M |
|
6784
PUT
Vuzix
VUZI
$262M
| $939K | ﹤0.01% |
184,200
-85,400
| -32% | -$378K |
|
6785
ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
$16.6M
| $939K | ﹤0.01% |
53,170
+10,681
| +25% | +$180K |
|
6786
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
$2.88B
| $938K | ﹤0.01% |
25,939
-3,662
| -12% | -$125K |
|
6787
Vanguard Total International Bond ETF
BNDX
$82.7B
| $937K | ﹤0.01% |
19,179
+80
| +0.4% | +$3.9K |
|
6788
Trinity Industries
TRN
$2.36B
| $937K | ﹤0.01% |
36,459
-6,776
| -16% | -$155K |
|
6789
Sprott Uranium Miners ETF
URNM
$2.02B
| $937K | ﹤0.01% |
27,911
+11,158
| +67% | +$353K |
|
6790
SL Green Realty
SLG
$3.97B
| $937K | ﹤0.01% |
31,179
+19,298
| +162% | +$466K |
|
6791
Coursera
COUR
$1.53B
| $937K | ﹤0.01% |
71,946
-104,390
| -59% | -$1.25M |
|
6792
PUT
Revolution Medicines
RVMD
$43.7B
| $936K | ﹤0.01% |
35,000
+8,400
| +32% | +$206K |
|
6793
Fidelity Total Bond ETF
FBND
$27.3B
| $936K | ﹤0.01% |
20,609
+15,738
| +323% | +$720K |
|
6794
Fidelity Value Factor ETF
FVAL
$1.38B
| $936K | ﹤0.01% |
19,061
+11,458
| +151% | +$536K |
|
6795
PUT
PTC Therapeutics
PTCT
$5.98B
| $935K | ﹤0.01% |
23,000
+14,600
| +174% | +$714K |
|
6796
CALL
Sphere 3D
ANY
$18.1M
| $935K | ﹤0.01% |
48,190
+42,290
| +717% | +$1.06M |
|
6797
PUT
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $935K | ﹤0.01% |
12,800
+3,300
| +35% | +$230K |
|
6798
Direxion Daily FTSE China Bear 3X ETF
YANG
$101M
| $934K | ﹤0.01% |
4,263
+1,718
| +68% | +$363K |
|
6799
Global Ship Lease
GSL
$1.52B
| $934K | ﹤0.01% |
+48,156
| New | +$908K |
|
6800
FormFactor
FORM
$10.3B
| $934K | ﹤0.01% |
27,295
-47,838
| -64% | -$1.43M |
|
Similar funds
Susquehanna International Group's Q2 2023 Portfolio in Review
As of Q2 2023, Susquehanna International Group held 13,811 positions worth $492B, up 4.6% from $470B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Susquehanna International Group withdrew a net $23.6B in Q2 2023, closing 1,867 positions and reducing 5,559 holdings. Its most notable exit was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $45.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.7% of assets, up from 2.3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in State Street SPDR Portfolio Aggregate Bond ETF worth $32.9M.
- Susquehanna International Group's largest Q2 2023 buy was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M.
- Susquehanna International Group added most to NVIDIA in Q2 2023, an estimated $1.79B increase.
- Susquehanna International Group's biggest Q2 2023 reduction was Invesco QQQ Trust, cutting an estimated $2.48B.
- Susquehanna International Group fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q2 2023, selling an estimated $45.5M.
- Susquehanna International Group's ten largest holdings make up 30% of its $492B portfolio in Q2 2023.
- Susquehanna International Group opened 1,370 new positions and closed 1,867 in Q2 2023.
- Susquehanna International Group's portfolio value rose 4.6% quarter-over-quarter to $492B.
Based on Susquehanna International Group's 13F filing for Q2 2023, filed 11 Aug 2023.