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 | |
|---|---|---|---|---|---|---|
7226
PUT
BCE
BCE
$21.9B
| $775K | ﹤0.01% |
17,000
-10,700
| -39% | -$498K |
|
7227
CALL
PROG Holdings
PRG
$1.7B
| $774K | ﹤0.01% |
24,100
+14,300
| +146% | +$431K |
|
|
CVGW
7228
DELISTED
Calavo Growers
CVGW
| $774K | ﹤0.01% |
26,666
-13,389
| -33% | -$415K |
|
7229
2x Long VIX Futures ETF
UVIX
$211M
| $774K | ﹤0.01% |
+87
| New | +$1.69M |
|
7230
CALL
SLR Investment Corp
SLRC
$703M
| $773K | ﹤0.01% |
54,200
-28,600
| -35% | -$409K |
|
7231
PUT
Novanta
NOVT
$6.3B
| $773K | ﹤0.01% |
+4,200
| New | +$687K |
|
|
GLOP
7232
PUT
DELISTED
GASLOG PARTNERS LP
GLOP
| $773K | ﹤0.01% |
89,700
-68,900
| -43% | -$587K |
|
7233
First Advantage
FA
$3.71B
| $772K | ﹤0.01% |
50,126
-25,482
| -34% | -$342K |
|
7234
Janus International
JBI
$697M
| $772K | ﹤0.01% |
72,431
-32,622
| -31% | -$305K |
|
7235
CALL
Goldman Sachs BDC
GSBD
$1.11B
| $772K | ﹤0.01% |
55,700
+33,900
| +156% | +$460K |
|
7236
PUT
MSC Industrial Direct
MSM
$6.91B
| $772K | ﹤0.01% |
8,100
+3,000
| +59% | +$275K |
|
7237
Patria Investments
PAX
$1.86B
| $772K | ﹤0.01% |
53,957
+40,035
| +288% | +$595K |
|
7238
Omeros
OMER
$1.24B
| $771K | ﹤0.01% |
141,777
-213,102
| -60% | -$1.24M |
|
7239
Insteel Industries
IIIN
$631M
| $771K | ﹤0.01% |
24,763
+33
| +0.1% | +$978 |
|
7240
Invesco KBW High Dividend Yield Financial ETF
KBWD
$422M
| $771K | ﹤0.01% |
49,304
+27,957
| +131% | +$411K |
|
|
BRSP
7241
BrightSpire Capital
BRSP
$633M
| $770K | ﹤0.01% |
114,447
+37,600
| +49% | +$223K |
|
7242
CALL
Denison Mines
DNN
$2.92B
| $770K | ﹤0.01% |
616,100
-857,300
| -58% | -$953K |
|
7243
PUT
Amplify Junior Silver Miners ETF
SILJ
$3.95B
| $770K | ﹤0.01% |
82,100
-219,200
| -73% | -$2.28M |
|
7244
iShares Asia/Pacific Dividend ETF
DVYA
$71.5M
| $770K | ﹤0.01% |
+23,440
| New | +$784K |
|
|
AGEN
7245
Agenus
AGEN
$329M
| $770K | ﹤0.01% |
24,055
-28,950
| -55% | -$926K |
|
7246
PUT
Wolverine World Wide
WWW
$1.73B
| $770K | ﹤0.01% |
52,400
+21,500
| +70% | +$329K |
|
7247
Beam Therapeutics
BEAM
$2.76B
| $770K | ﹤0.01% |
24,105
-157,252
| -87% | -$5.1M |
|
7248
AerCap
AER
$24B
| $769K | ﹤0.01% |
12,108
-60,881
| -83% | -$3.51M |
|
7249
PUT
Red Robin
RRGB
$192M
| $769K | ﹤0.01% |
+55,600
| New | +$746K |
|
7250
CALL
Blackbaud
BLKB
$2.05B
| $769K | ﹤0.01% |
10,800
-18,100
| -63% | -$1.27M |
|
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.