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 | |
|---|---|---|---|---|---|---|
7176
CALL
Protalix BioTherapeutics
PLX
$181M
| $791K | ﹤0.01% |
395,300
-60,500
| -13% | -$144K |
|
7177
CALL
Kopin
KOPN
$1,000M
| $791K | ﹤0.01% |
367,700
+267,600
| +267% | +$401K |
|
|
ACH
7178
CALL
Accendra Health
ACH
$73.2M
| $790K | ﹤0.01% |
41,500
+17,400
| +72% | +$310K |
|
7179
ProShares Ultra Dow30
DDM
$580M
| $790K | ﹤0.01% |
23,430
-73,844
| -76% | -$2.4M |
|
7180
Invesco Dorsey Wright Technology Momentum ETF
PTF
$687M
| $790K | ﹤0.01% |
16,098
+8,568
| +114% | +$375K |
|
7181
CALL
MannKind Corp
MNKD
$1.23B
| $790K | ﹤0.01% |
194,100
+10,600
| +6% | +$44.2K |
|
|
CAN
7182
Canaan Creative
CAN
$178M
| $789K | ﹤0.01% |
370,605
-106,795
| -22% | -$259K |
|
|
7183
PUT
MannKind Corp
MNKD
$1.23B
| $789K | ﹤0.01% |
193,900
+57,800
| +42% | +$241K |
|
7184
Quaker Houghton
KWR
$2.89B
| $789K | ﹤0.01% |
4,048
-2,736
| -40% | -$535K |
|
7185
iShares MSCI New Zealand ETF
ENZL
$82.8M
| $789K | ﹤0.01% |
16,099
-4,419
| -22% | -$217K |
|
7186
PUT
Piper Sandler
PIPR
$5.37B
| $788K | ﹤0.01% |
24,400
+11,600
| +91% | +$383K |
|
|
CNH
7187
PUT
CNH Industrial
CNH
$16.7B
| $788K | ﹤0.01% |
54,700
+34,400
| +169% | +$483K |
|
7188
CALL
GFL Environmental
GFL
$15.1B
| $788K | ﹤0.01% |
20,300
-140,300
| -87% | -$5.1M |
|
7189
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$103M
| $787K | ﹤0.01% |
5,820
+4,000
| +220% | +$593K |
|
|
TCS
7190
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $787K | ﹤0.01% |
16,699
+14,866
| +811% | +$661K |
|
7191
CALL
GrowGeneration
GRWG
$106M
| $785K | ﹤0.01% |
230,900
-20,500
| -8% | -$72.6K |
|
7192
PUT
NGL Energy Partners
NGL
$2.3B
| $785K | ﹤0.01% |
201,800
+2,600
| +1% | +$8.41K |
|
|
7193
Piper Sandler
PIPR
$5.37B
| $785K | ﹤0.01% |
24,292
-18,336
| -43% | -$605K |
|
7194
CS Disco
LAW
$264M
| $785K | ﹤0.01% |
95,446
-6,582
| -6% | -$45.1K |
|
7195
PDS Biotechnology
PDSB
$11.9M
| $784K | ﹤0.01% |
155,952
-59,126
| -27% | -$387K |
|
7196
CALL
Mission Produce
AVO
$1.14B
| $784K | ﹤0.01% |
64,700
+54,400
| +528% | +$641K |
|
7197
F&G Annuities & Life
FG
$3.58B
| $784K | ﹤0.01% |
31,627
+3,501
| +12% | +$68.6K |
|
7198
First Trust Nasdaq Bank ETF
FTXO
$323M
| $784K | ﹤0.01% |
36,927
+3,521
| +11% | +$73.7K |
|
|
BCYC
7199
PUT
Bicycle Therapeutics
BCYC
$278M
| $783K | ﹤0.01% |
30,700
-6,300
| -17% | -$146K |
|
|
LOGC
7200
DELISTED
ContextLogic
LOGC
| $783K | ﹤0.01% |
119,005
+49,545
| +71% | +$393K |
|
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.