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 | |
|---|---|---|---|---|---|---|
7151
CALL
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.19B
| $797K | ﹤0.01% |
30,500
-15,200
| -33% | -$382K |
|
7152
Invesco MSCI Sustainable Future ETF
ERTH
$138M
| $797K | ﹤0.01% |
16,251
-18,916
| -54% | -$898K |
|
7153
CALL
Adecoagro
AGRO
$1.32B
| $797K | ﹤0.01% |
85,100
+59,700
| +235% | +$528K |
|
7154
Applovin
APP
$106B
| $796K | ﹤0.01% |
30,954
-592,068
| -95% | -$12.2M |
|
|
CD
7155
CALL
DELISTED
Chindata Group Holdings Limited American Depositary Shares
CD
| $796K | ﹤0.01% |
111,200
-14,500
| -12% | -$92.6K |
|
7156
PUT
Gerdau
GGB
$9.36B
| $796K | ﹤0.01% |
182,982
+124,152
| +211% | +$519K |
|
7157
CALL
Omnicell
OMCL
$1.65B
| $796K | ﹤0.01% |
+10,800
| New | +$728K |
|
7158
CALL
HUB Group
HUBG
$2.47B
| $795K | ﹤0.01% |
19,800
-8,000
| -29% | -$309K |
|
7159
InflaRx
IFRX
$307M
| $795K | ﹤0.01% |
178,244
+71,149
| +66% | +$319K |
|
7160
CALL
Perma-Fix Environmental Services
PESI
$374M
| $795K | ﹤0.01% |
72,400
+27,400
| +61% | +$286K |
|
|
NXGN
7161
PUT
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $795K | ﹤0.01% |
+49,000
| New | +$812K |
|
7162
CALL
NorthWestern Energy
NWE
$4.36B
| $795K | ﹤0.01% |
14,000
+4,300
| +44% | +$251K |
|
7163
FlexShares Disciplined Duration MBS Index Fund
MBSD
$88.8M
| $795K | ﹤0.01% |
+38,979
| New | +$799K |
|
7164
PUT
Odyssey Marine Exploration
OMEX
$50.6M
| $794K | ﹤0.01% |
220,600
+113,200
| +105% | +$367K |
|
7165
FT Vest US Equity Moderate Buffer ETF April
GAPR
$292M
| $794K | ﹤0.01% |
+25,552
| New | +$771K |
|
|
AMAM
7166
PUT
DELISTED
Ambrx Biopharma Inc
AMAM
| $793K | ﹤0.01% |
48,200
-3,800
| -7% | -$47.8K |
|
|
FFWM
7167
DELISTED
First Foundation Inc
FFWM
| $793K | ﹤0.01% |
199,800
+14,298
| +8% | +$73.7K |
|
7168
LSB Industries
LXU
$749M
| $793K | ﹤0.01% |
80,514
-53,990
| -40% | -$517K |
|
7169
Barron's 400 ETF
BFOR
$240M
| $792K | ﹤0.01% |
+55,332
| New | +$747K |
|
7170
Bally's
BALY
$595M
| $792K | ﹤0.01% |
50,883
+35,037
| +221% | +$565K |
|
7171
CALL
Zevra Therapeutics
ZVRA
$680M
| $792K | ﹤0.01% |
155,200
+53,800
| +53% | +$290K |
|
7172
PUT
Petco
WOOF
$791M
| $791K | ﹤0.01% |
88,900
-51,900
| -37% | -$478K |
|
7173
CALL
Invesco Golden Dragon China ETF
PGJ
$93.7M
| $791K | ﹤0.01% |
29,700
+3,100
| +12% | +$83.3K |
|
7174
CALL
Amdocs
DOX
$6.11B
| $791K | ﹤0.01% |
8,000
+2,500
| +45% | +$235K |
|
7175
Veracyte
VCYT
$3.38B
| $791K | ﹤0.01% |
31,043
-87,067
| -74% | -$2.11M |
|
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.