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 | |
|---|---|---|---|---|---|---|
7051
Fidelity Limited Term Bond ETF
FLTB
$436M
| $839K | ﹤0.01% |
17,487
+8,558
| +96% | +$415K |
|
7052
COPT Defense Properties
CDP
$4.17B
| $839K | ﹤0.01% |
35,343
-19,009
| -35% | -$443K |
|
|
MTTR
7053
CALL
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $839K | ﹤0.01% |
266,300
-115,600
| -30% | -$321K |
|
7054
CALL
Quaker Houghton
KWR
$2.92B
| $838K | ﹤0.01% |
4,300
-3,500
| -45% | -$685K |
|
7055
CALL
Shutterstock
SSTK
$198M
| $837K | ﹤0.01% |
17,200
+9,700
| +129% | +$553K |
|
7056
PUT
FTI Consulting
FCN
$4.15B
| $837K | ﹤0.01% |
4,400
-7,000
| -61% | -$1.32M |
|
|
MCHB
7057
Mechanics Bancorp
MCHB
$3.75B
| $837K | ﹤0.01% |
141,345
+126,501
| +852% | +$1.19M |
|
7058
Trip.com Group
TCOM
$28.2B
| $836K | ﹤0.01% |
23,896
-51,993
| -69% | -$1.81M |
|
|
MFA
7059
MFA Financial
MFA
$923M
| $836K | ﹤0.01% |
74,345
+2,494
| +3% | +$26.5K |
|
7060
ALPS REIT Dividend Dogs ETF
RDOG
$11.3M
| $835K | ﹤0.01% |
23,307
+4,732
| +25% | +$166K |
|
7061
CALL
Eve Holding
EVEX
$923M
| $834K | ﹤0.01% |
79,600
-33,100
| -29% | -$275K |
|
7062
CALL
Harmony Biosciences
HRMY
$2.21B
| $834K | ﹤0.01% |
23,700
+13,600
| +135% | +$470K |
|
|
FPI
7063
PUT
Farmland Partners
FPI
$428M
| $834K | ﹤0.01% |
68,300
-131,900
| -66% | -$1.48M |
|
7064
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.48B
| $834K | ﹤0.01% |
44,088
-30,240
| -41% | -$550K |
|
7065
Fortune Brands Innovations
FBIN
$5.58B
| $834K | ﹤0.01% |
11,587
+3,208
| +38% | +$204K |
|
7066
GrowGeneration
GRWG
$115M
| $834K | ﹤0.01% |
245,166
-70,973
| -22% | -$251K |
|
7067
AnaptysBio
ANAB
$1.75B
| $833K | ﹤0.01% |
40,978
-18,112
| -31% | -$367K |
|
7068
PUT
Patterson-UTI
PTEN
$4.46B
| $833K | ﹤0.01% |
69,600
-16,200
| -19% | -$183K |
|
|
FAZ
7069
Direxion Daily Financial Bear 3x ETF
FAZ
$87.4M
| $833K | ﹤0.01% |
4,399
-7,095
| -62% | -$1.5M |
|
|
INFN
7070
PUT
DELISTED
Infinera Corporation Common Stock
INFN
| $833K | ﹤0.01% |
172,400
+153,000
| +789% | +$841K |
|
7071
CALL
Bright Horizons
BFAM
$3.71B
| $832K | ﹤0.01% |
9,000
+4,200
| +88% | +$355K |
|
7072
CALL
CorVel
CRVL
$3.35B
| $832K | ﹤0.01% |
12,900
-2,100
| -14% | -$141K |
|
7073
First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF
FCEF
$82.6M
| $831K | ﹤0.01% |
+42,973
| New | +$821K |
|
7074
PUT
Azenta
AZTA
$1.45B
| $831K | ﹤0.01% |
17,800
-207,900
| -92% | -$9.1M |
|
7075
PUT
Credo Technology Group
CRDO
$52.3B
| $831K | ﹤0.01% |
47,900
+33,800
| +240% | +$402K |
|
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.