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 | |
|---|---|---|---|---|---|---|
7276
CALL
Canadian Imperial Bank of Commerce
CM
$113B
| $760K | ﹤0.01% |
17,800
-182,400
| -91% | -$7.71M |
|
7277
CALL
Old National Bancorp
ONB
$10.4B
| $758K | ﹤0.01% |
54,400
-612,800
| -92% | -$8.14M |
|
7278
Energy Vault
NRGV
$687M
| $758K | ﹤0.01% |
277,736
+129,373
| +87% | +$272K |
|
7279
nLIGHT
LASR
$3.03B
| $758K | ﹤0.01% |
49,171
-318
| -0.6% | -$3.89K |
|
7280
PUT
Coca-Cola Femsa
KOF
$22.9B
| $758K | ﹤0.01% |
9,100
-1,700
| -16% | -$146K |
|
|
IBTX
7281
DELISTED
Independent Bank Group, Inc.
IBTX
| $757K | ﹤0.01% |
21,936
-6,497
| -23% | -$241K |
|
7282
CALL
KB Financial Group
KB
$42.1B
| $757K | ﹤0.01% |
20,800
-5,400
| -21% | -$199K |
|
7283
First Trust Expanded Technology ETF
XPND
$40.1M
| $757K | ﹤0.01% |
36,159
+17,214
| +91% | +$327K |
|
7284
New York Times
NYT
$10.4B
| $757K | ﹤0.01% |
19,216
+1,262
| +7% | +$48K |
|
7285
GDS Holdings
GDS
$6.89B
| $757K | ﹤0.01% |
68,852
+55,603
| +420% | +$739K |
|
|
SII
7286
Sprott
SII
$3B
| $757K | ﹤0.01% |
23,354
+6,841
| +41% | +$236K |
|
|
RESP
7287
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $757K | ﹤0.01% |
16,474
+3,983
| +32% | +$175K |
|
7288
PUT
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $757K | ﹤0.01% |
29,600
-13,700
| -32% | -$345K |
|
7289
First Trust Dorsey Wright Focus 5 ETF
FV
$3.82B
| $756K | ﹤0.01% |
16,118
-30,811
| -66% | -$1.37M |
|
7290
Royal Bank of Canada
RY
$301B
| $756K | ﹤0.01% |
7,914
+4,395
| +125% | +$420K |
|
|
TAST
7291
PUT
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $755K | ﹤0.01% |
+149,800
| New | +$679K |
|
7292
iShares Russell 2500 ETF
SMMD
$3.78B
| $755K | ﹤0.01% |
13,134
-20,591
| -61% | -$1.13M |
|
|
AZPN
7293
PUT
DELISTED
Aspen Technology Inc
AZPN
| $754K | ﹤0.01% |
4,500
+900
| +25% | +$167K |
|
7294
PUT
LivePerson
LPSN
$35.2M
| $754K | ﹤0.01% |
11,120
+7,307
| +192% | +$474K |
|
|
RNAM
7295
DELISTED
Avidity Biosciences
RNAM
| $754K | ﹤0.01% |
67,950
-44,362
| -39% | -$556K |
|
7296
CALL
Consolidated Water Co
CWCO
$500M
| $754K | ﹤0.01% |
+31,100
| New | +$602K |
|
7297
iShares US Utilities ETF
IDU
$1.38B
| $753K | ﹤0.01% |
9,210
+3,397
| +58% | +$283K |
|
7298
CALL
JELD-WEN Holding
JELD
$167M
| $752K | ﹤0.01% |
+42,900
| New | +$598K |
|
7299
Brookfield Renewable
BEP
$10.4B
| $752K | ﹤0.01% |
25,500
| – | – |
|
7300
First Commonwealth Financial
FCF
$2.18B
| $752K | ﹤0.01% |
59,408
-33,150
| -36% | -$418K |
|
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.