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 | |
|---|---|---|---|---|---|---|
|
ECHO
7076
CALL
EchoStar
ECHO
$27B
| $831K | ﹤0.01% |
47,900
-7,200
| -13% | -$121K |
|
7077
WisdomTree US MidCap Dividend Fund
DON
$4.11B
| $829K | ﹤0.01% |
19,726
+8,791
| +80% | +$357K |
|
7078
CALL
Fox Class B
FOX
$25.8B
| $829K | ﹤0.01% |
26,000
+9,500
| +58% | +$288K |
|
7079
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$106M
| $829K | ﹤0.01% |
21,411
+14,619
| +215% | +$539K |
|
|
NVEE
7080
DELISTED
NV5 Global
NVEE
| $828K | ﹤0.01% |
29,916
-10,240
| -26% | -$251K |
|
7081
CALL
iShares S&P 100 ETF
OEF
$20.5B
| $828K | ﹤0.01% |
4,000
-2,700
| -40% | -$525K |
|
7082
CALL
Cooper-Standard Automotive
CPS
$502M
| $827K | ﹤0.01% |
58,000
+9,000
| +18% | +$110K |
|
7083
PUT
iShares Core Dividend Growth ETF
DGRO
$43.6B
| $824K | ﹤0.01% |
16,000
+6,500
| +68% | +$327K |
|
7084
Schwab US Aggregate Bond ETF
SCHZ
$10.6B
| $822K | ﹤0.01% |
35,622
-2,914,328
| -99% | -$67.8M |
|
7085
California Water Service
CWT
$3.05B
| $822K | ﹤0.01% |
15,922
-15,475
| -49% | -$869K |
|
7086
CALL
Vroom Inc
VRM
$54M
| $822K | ﹤0.01% |
7,135
+4,656
| +188% | +$355K |
|
|
SYNH
7087
CALL
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $822K | ﹤0.01% |
19,500
+12,300
| +171% | +$497K |
|
7088
Interface
TILE
$2.19B
| $822K | ﹤0.01% |
93,479
+10,947
| +13% | +$83.9K |
|
7089
CALL
Vontier
VNT
$4.39B
| $821K | ﹤0.01% |
25,500
+13,900
| +120% | +$401K |
|
|
LADR
7090
CALL
Ladder Capital
LADR
$1.25B
| $821K | ﹤0.01% |
75,700
-31,200
| -29% | -$302K |
|
7091
PUT
Universal Insurance Holdings
UVE
$1.2B
| $821K | ﹤0.01% |
53,200
-28,500
| -35% | -$472K |
|
7092
PUT
Royalty Pharma
RPRX
$26.3B
| $821K | ﹤0.01% |
+26,700
| New | +$904K |
|
7093
Ring Energy
REI
$362M
| $820K | ﹤0.01% |
479,780
+247,457
| +107% | +$454K |
|
7094
Varex Imaging
VREX
$781M
| $819K | ﹤0.01% |
34,762
-2,418
| -7% | -$50.3K |
|
7095
abrdn Physical Palladium Shares ETF
PALL
$673M
| $818K | ﹤0.01% |
35,955
-4,235
| -11% | -$113K |
|
7096
CALL
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.3B
| $818K | ﹤0.01% |
+10,900
| New | +$778K |
|
7097
Banner Corp
BANR
$2.51B
| $817K | ﹤0.01% |
18,713
-4,462
| -19% | -$211K |
|
7098
Davis Select Financial ETF
DFNL
$496M
| $816K | ﹤0.01% |
30,110
+1,810
| +6% | +$47.4K |
|
7099
Fulcrum Therapeutics
FULC
$291M
| $816K | ﹤0.01% |
247,228
+188,161
| +319% | +$553K |
|
7100
Vanguard Materials ETF
VAW
$3.05B
| $816K | ﹤0.01% |
4,483
-21,241
| -83% | -$3.71M |
|
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.