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 | |
|---|---|---|---|---|---|---|
7201
CALL
Liberty Media Series C
FWONK
$25.9B
| $783K | ﹤0.01% |
10,757
-16,445
| -60% | -$1.17M |
|
|
BITE
7202
DELISTED
Bite Acquisition Corp.
BITE
| $783K | ﹤0.01% |
75,773
-1
| -0% | -$10 |
|
7203
iShares Select U.S. REIT ETF
ICF
$2.11B
| $783K | ﹤0.01% |
+14,084
| New | +$767K |
|
7204
Customers Bancorp
CUBI
$2.8B
| $782K | ﹤0.01% |
25,857
-4,136
| -14% | -$92.7K |
|
|
GDEF
7205
DELISTED
Goldman Sachs Defensive Equity ETF
GDEF
| $781K | ﹤0.01% |
17,470
-16
| -0.1% | -$704 |
|
7206
Invesco Oil & Gas Services ETF
PXJ
$66.5M
| $781K | ﹤0.01% |
31,417
-2,086
| -6% | -$49.9K |
|
7207
ProShares Ultra Semiconductors
USD
$3.02B
| $781K | ﹤0.01% |
73,932
-59,552
| -45% | -$477K |
|
7208
Xencor
XNCR
$1.72B
| $780K | ﹤0.01% |
31,227
-28,566
| -48% | -$777K |
|
7209
CALL
iShares MSCI South Africa ETF
EZA
$564M
| $780K | ﹤0.01% |
19,600
+10,700
| +120% | +$437K |
|
7210
Innovator US Equity Buffer ETF September
BSEP
$217M
| $779K | ﹤0.01% |
22,623
+15,304
| +209% | +$501K |
|
7211
NextDecade
NEXT
$1.94B
| $779K | ﹤0.01% |
94,931
-40,471
| -30% | -$248K |
|
7212
CALL
Opko Health
OPK
$1.02B
| $779K | ﹤0.01% |
359,000
+146,100
| +69% | +$229K |
|
7213
Employers Holdings
EIG
$870M
| $778K | ﹤0.01% |
20,801
-2,763
| -12% | -$108K |
|
7214
DXP Enterprises
DXPE
$3.09B
| $778K | ﹤0.01% |
21,367
+3,337
| +19% | +$101K |
|
7215
Evolution Petroleum
EPM
$134M
| $778K | ﹤0.01% |
96,402
-123,866
| -56% | -$916K |
|
7216
CALL
ENI
E
$79.7B
| $777K | ﹤0.01% |
27,000
+5,800
| +27% | +$168K |
|
7217
CALL
Gran Tierra Energy
GTE
$325M
| $777K | ﹤0.01% |
158,300
+139,820
| +757% | +$925K |
|
7218
ProShares Online Retail ETF
ONLN
$64.8M
| $777K | ﹤0.01% |
23,718
+16,028
| +208% | +$491K |
|
7219
CALL
Erie Indemnity
ERIE
$13.2B
| $777K | ﹤0.01% |
3,700
-700
| -16% | -$156K |
|
7220
PUT
Jakks Pacific
JAKK
$293M
| $777K | ﹤0.01% |
38,900
+11,700
| +43% | +$253K |
|
7221
Axsome Therapeutics
AXSM
$11.1B
| $777K | ﹤0.01% |
10,810
-22,368
| -67% | -$1.65M |
|
7222
Xtrackers FTSE Developed ex US Multifactor ETF
DEEF
$56.7M
| $777K | ﹤0.01% |
28,473
-2,424
| -8% | -$66.5K |
|
7223
Invesco S&P Spin-Off ETF
CSD
$235M
| $776K | ﹤0.01% |
13,663
+8,270
| +153% | +$458K |
|
7224
CALL
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.44B
| $776K | ﹤0.01% |
11,500
-700
| -6% | -$48.3K |
|
|
UHT
7225
CALL
Universal Health Realty Income Trust
UHT
$573M
| $776K | ﹤0.01% |
16,300
-1,700
| -9% | -$78.1K |
|
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.