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 | |
|---|---|---|---|---|---|---|
7101
PUT
Regal Rexnord
RRX
$11.6B
| $816K | ﹤0.01% |
5,300
-22,700
| -81% | -$3.09M |
|
7102
CALL
Petco
WOOF
$785M
| $815K | ﹤0.01% |
91,600
+18,200
| +25% | +$168K |
|
7103
Spok Holdings
SPOK
$227M
| $815K | ﹤0.01% |
61,337
-119,087
| -66% | -$1.49M |
|
7104
CALL
Bain Capital Specialty
BCSF
$776M
| $815K | ﹤0.01% |
60,300
+24,200
| +67% | +$299K |
|
7105
Teucrium Soybean Fund
SOYB
$59M
| $814K | ﹤0.01% |
+29,803
| New | +$780K |
|
7106
Beyond Meat
BYND
$210M
| $814K | ﹤0.01% |
2,090
-280
| -12% | -$107K |
|
7107
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.17B
| $814K | ﹤0.01% |
+16,068
| New | +$813K |
|
7108
CALL
iShares US Financials ETF
IYF
$4.41B
| $813K | ﹤0.01% |
10,900
-900
| -8% | -$64.9K |
|
7109
AMERISAFE
AMSF
$503M
| $813K | ﹤0.01% |
15,243
+6,061
| +66% | +$323K |
|
7110
Clean Energy Fuels
CLNE
$381M
| $813K | ﹤0.01% |
163,862
-19,437
| -11% | -$85.2K |
|
|
NSTG
7111
DELISTED
NanoString Technologies, Inc.
NSTG
| $812K | ﹤0.01% |
200,605
+56,675
| +39% | +$418K |
|
7112
PUT
Apogee Enterprises
APOG
$881M
| $812K | ﹤0.01% |
+17,100
| New | +$713K |
|
7113
Tactile Systems Technology
TCMD
$535M
| $812K | ﹤0.01% |
32,559
-620
| -2% | -$12.9K |
|
7114
Ardmore Shipping
ASC
$734M
| $811K | ﹤0.01% |
65,646
-208,677
| -76% | -$2.78M |
|
|
ARMR
7115
DELISTED
Armor US Equity Index ETF
ARMR
| $810K | ﹤0.01% |
35,751
+25,840
| +261% | +$553K |
|
|
DM
7116
CALL
DELISTED
Desktop Metal, Inc.
DM
| $810K | ﹤0.01% |
45,780
-48,750
| -52% | -$977K |
|
7117
Sabesp
SBS
$16.2B
| $810K | ﹤0.01% |
352,696
+52,643
| +18% | +$106K |
|
7118
NNN REIT
NNN
$8.82B
| $810K | ﹤0.01% |
18,923
+10,973
| +138% | +$472K |
|
7119
State Street SPDR ICE Preferred Securities ETF
PSK
$684M
| $810K | ﹤0.01% |
+24,189
| New | +$810K |
|
7120
Cinemark Holdings
CNK
$4.35B
| $809K | ﹤0.01% |
49,060
-9,233
| -16% | -$153K |
|
|
LTC
7121
PUT
LTC Properties
LTC
$2.17B
| $809K | ﹤0.01% |
+24,500
| New | +$818K |
|
7122
Flux Power
FLUX
$13.7M
| $809K | ﹤0.01% |
187,593
+80,232
| +75% | +$311K |
|
7123
PUT
Watts Water Technologies
WTS
$12.9B
| $808K | ﹤0.01% |
4,400
+2,200
| +100% | +$368K |
|
7124
V2X
VVX
$2.6B
| $808K | ﹤0.01% |
16,311
+10,512
| +181% | +$458K |
|
7125
PUT
Kontoor Brands
KTB
$4.57B
| $808K | ﹤0.01% |
19,200
+3,400
| +22% | +$146K |
|
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.