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 | |
|---|---|---|---|---|---|---|
6926
PUT
CRA International
CRAI
$1.04B
| $887K | ﹤0.01% |
8,700
-1,000
| -10% | -$101K |
|
6927
KraneShares MSCI China Clean Technology Index ETF
KGRN
$53M
| $887K | ﹤0.01% |
31,870
+41
| +0.1% | +$1.09K |
|
6928
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.37B
| $887K | ﹤0.01% |
+26,708
| New | +$881K |
|
6929
CALL
Sun Life Financial
SLF
$44.7B
| $886K | ﹤0.01% |
17,000
+3,900
| +30% | +$192K |
|
6930
PUT
Flowers Foods
FLO
$1.57B
| $886K | ﹤0.01% |
35,600
-24,700
| -41% | -$654K |
|
6931
CALL
VanEck Morningstar Wide Moat ETF
MOAT
$12.2B
| $886K | ﹤0.01% |
11,100
+5,500
| +98% | +$414K |
|
6932
Resideo Technologies
REZI
$3.26B
| $885K | ﹤0.01% |
50,121
-37,036
| -42% | -$639K |
|
6933
PUT
Establishment Labs
ESTA
$2.27B
| $885K | ﹤0.01% |
12,900
-65,900
| -84% | -$4.55M |
|
6934
PUT
Ichor Holdings
ICHR
$2.74B
| $885K | ﹤0.01% |
23,600
-12,600
| -35% | -$393K |
|
6935
First Trust Dorsey Wright Momentum & Value ETF
DVLU
$50.8M
| $885K | ﹤0.01% |
37,563
+2,889
| +8% | +$64.7K |
|
6936
PUT
World Acceptance Corp
WRLD
$898M
| $884K | ﹤0.01% |
6,600
+3,700
| +128% | +$398K |
|
6937
HighPeak Energy
HPK
$957M
| $884K | ﹤0.01% |
81,263
-48,082
| -37% | -$810K |
|
6938
CALL
WisdomTree US LargeCap Dividend Fund
DLN
$6.41B
| $884K | ﹤0.01% |
13,900
-2,500
| -15% | -$155K |
|
6939
CALL
iShares Core MSCI Total International Stock ETF
IXUS
$61.1B
| $883K | ﹤0.01% |
14,100
-3,400
| -19% | -$213K |
|
6940
CALL
Enova International
ENVA
$6.52B
| $882K | ﹤0.01% |
16,600
-16,300
| -50% | -$769K |
|
6941
National Fuel Gas
NFG
$7.7B
| $881K | ﹤0.01% |
17,161
+10,079
| +142% | +$536K |
|
6942
CALL
Getty Images
GETY
$121M
| $881K | ﹤0.01% |
180,600
-204,300
| -53% | -$1.17M |
|
|
CNH
6943
CALL
CNH Industrial
CNH
$16.7B
| $881K | ﹤0.01% |
61,200
-6,200
| -9% | -$87.1K |
|
6944
Virtus Biotech Clinical Trials ETF
BBC
$50.4M
| $881K | ﹤0.01% |
36,777
+26,130
| +245% | +$629K |
|
6945
Gates Industrial Corp
GTES
$7.08B
| $881K | ﹤0.01% |
65,333
-7,946
| -11% | -$103K |
|
|
VRNA
6946
DELISTED
Verona Pharma
VRNA
| $880K | ﹤0.01% |
+41,647
| New | +$888K |
|
|
PDCO
6947
DELISTED
Patterson Companies, Inc.
PDCO
| $880K | ﹤0.01% |
26,455
-8,351
| -24% | -$230K |
|
6948
Woodward
WWD
$21.8B
| $879K | ﹤0.01% |
7,391
-1,318
| -15% | -$140K |
|
6949
Full Truck Alliance
YMM
$9.12B
| $879K | ﹤0.01% |
141,244
+96,836
| +218% | +$625K |
|
|
PRA
6950
DELISTED
ProAssurance
PRA
| $877K | ﹤0.01% |
58,094
+28,475
| +96% | +$448K |
|
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.