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 | |
|---|---|---|---|---|---|---|
7126
PIMCO Broad US TIPS Index Exchange-Traded Fund
TIPZ
$88.3M
| $807K | ﹤0.01% |
14,923
+5,691
| +62% | +$312K |
|
7127
CALL
Haverty Furniture Companies
HVT
$440M
| $807K | ﹤0.01% |
26,700
-45,600
| -63% | -$1.31M |
|
7128
Twist Bioscience
TWST
$7.59B
| $807K | ﹤0.01% |
39,422
-116,717
| -75% | -$1.75M |
|
7129
CALL
Insteel Industries
IIIN
$629M
| $806K | ﹤0.01% |
25,900
-23,900
| -48% | -$708K |
|
7130
1st Source
SRCE
$2.13B
| $806K | ﹤0.01% |
19,222
-6,280
| -25% | -$270K |
|
|
PRMW
7131
DELISTED
Primo Water Corporation
PRMW
| $806K | ﹤0.01% |
64,260
-35,761
| -36% | -$501K |
|
7132
CALL
Plexus
PLXS
$7.25B
| $806K | ﹤0.01% |
8,200
-19,900
| -71% | -$1.82M |
|
7133
Paysafe
PSFE
$344M
| $805K | ﹤0.01% |
79,827
+21,896
| +38% | +$277K |
|
|
NFGC
7134
CALL
New Found Gold
NFGC
$664M
| $805K | ﹤0.01% |
162,700
+120,300
| +284% | +$574K |
|
7135
CALL
Ingredion
INGR
$6.56B
| $805K | ﹤0.01% |
7,600
-19,200
| -72% | -$2.04M |
|
|
TERN
7136
PUT
DELISTED
Terns Pharmaceuticals
TERN
| $805K | ﹤0.01% |
+92,000
| New | +$1.07M |
|
7137
PUT
iShares Russell 1000 ETF
IWB
$49.9B
| $804K | ﹤0.01% |
3,300
+1,300
| +65% | +$299K |
|
|
EGLE
7138
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $803K | ﹤0.01% |
16,718
-4,534
| -21% | -$200K |
|
7139
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$102M
| $802K | ﹤0.01% |
5,934
+3,726
| +169% | +$553K |
|
7140
First Trust Dow Jones Select MicroCap Index Fund
FDM
$277M
| $802K | ﹤0.01% |
14,264
+5,603
| +65% | +$298K |
|
7141
USA Compression Partners
USAC
$3.88B
| $802K | ﹤0.01% |
40,626
+21,082
| +108% | +$423K |
|
7142
Kenvue
KVUE
$36.3B
| $802K | ﹤0.01% |
+30,353
| New | +$791K |
|
7143
Invesco Russell 2000 Dynamic Multifactor ETF
OMFS
$289M
| $802K | ﹤0.01% |
22,127
-11,860
| -35% | -$412K |
|
7144
CALL
EXL Service
EXLS
$5.26B
| $801K | ﹤0.01% |
26,500
+2,000
| +8% | +$63.1K |
|
|
TARO
7145
PUT
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $800K | ﹤0.01% |
+21,100
| New | +$662K |
|
7146
iShares MSCI BIC ETF
BKF
$75M
| $800K | ﹤0.01% |
23,401
-37,248
| -61% | -$1.27M |
|
7147
PUT
BOK Financial
BOKF
$8.88B
| $800K | ﹤0.01% |
9,900
-9,500
| -49% | -$783K |
|
|
PPTY
7148
US Diversified Real Estate ETF
PPTY
$25.3M
| $799K | ﹤0.01% |
27,665
-18,409
| -40% | -$511K |
|
7149
CALL
Haleon
HLN
$42.5B
| $799K | ﹤0.01% |
95,300
+26,100
| +38% | +$223K |
|
|
VNET
7150
VNET Group
VNET
$2.2B
| $798K | ﹤0.01% |
275,306
+156,208
| +131% | +$475K |
|
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.