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 | |
|---|---|---|---|---|---|---|
7301
Goldman Sachs Hedge Industry VIP ETF
GVIP
$587M
| $750K | ﹤0.01% |
8,786
-9,129
| -51% | -$723K |
|
7302
CALL
iShares US Energy ETF
IYE
$1.82B
| $750K | ﹤0.01% |
17,500
+3,200
| +22% | +$137K |
|
7303
CALL
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$167M
| $749K | ﹤0.01% |
24,500
-40,800
| -62% | -$1.24M |
|
7304
Middleby
MIDD
$5.33B
| $749K | ﹤0.01% |
5,069
+3,377
| +200% | +$476K |
|
7305
CALL
Portland General Electric
POR
$5.97B
| $749K | ﹤0.01% |
16,000
+3,300
| +26% | +$163K |
|
7306
Krystal Biotech
KRYS
$9.83B
| $749K | ﹤0.01% |
6,382
-19,737
| -76% | -$2.02M |
|
7307
Grupo SIMEC
SIM
$4.68B
| $749K | ﹤0.01% |
21,395
| – | – |
|
7308
PUT
Fidelity National Financial
FNF
$13.3B
| $749K | ﹤0.01% |
20,800
-8,600
| -29% | -$300K |
|
7309
CALL
Lazard
LAZ
$4.35B
| $749K | ﹤0.01% |
23,400
-81,700
| -78% | -$2.53M |
|
7310
Alta Equipment Group
ALTG
$237M
| $749K | ﹤0.01% |
43,197
-45,737
| -51% | -$675K |
|
7311
Arvinas
ARVN
$587M
| $748K | ﹤0.01% |
30,156
-14,559
| -33% | -$374K |
|
7312
CALL
Selective Insurance
SIGI
$5.62B
| $748K | ﹤0.01% |
7,800
+4,100
| +111% | +$404K |
|
7313
PUT
F&G Annuities & Life
FG
$3.59B
| $748K | ﹤0.01% |
30,200
+5,400
| +22% | +$106K |
|
7314
CALL
Brighthouse Financial
BHF
$3.37B
| $748K | ﹤0.01% |
15,800
-26,200
| -62% | -$1.13M |
|
7315
BlackSky Technology
BKSY
$1.27B
| $748K | ﹤0.01% |
42,106
-19,007
| -31% | -$227K |
|
7316
Urban Edge Properties
UE
$2.76B
| $748K | ﹤0.01% |
48,462
-9,860
| -17% | -$142K |
|
|
CLSC
7317
DELISTED
Cabana Target Leading Sector Conservative ETF
CLSC
| $746K | ﹤0.01% |
38,028
+4,444
| +13% | +$85.8K |
|
7318
Relay Therapeutics
RLAY
$4.35B
| $746K | ﹤0.01% |
59,417
-195,480
| -77% | -$2.43M |
|
7319
Spire Global
SPIR
$567M
| $745K | ﹤0.01% |
180,882
+159,998
| +766% | +$852K |
|
7320
PUT
iShares US Basic Materials ETF
IYM
$1.02B
| $745K | ﹤0.01% |
5,600
-2,200
| -28% | -$283K |
|
|
CVAC
7321
PUT
DELISTED
CureVac
CVAC
| $745K | ﹤0.01% |
71,500
+10,500
| +17% | +$93.9K |
|
|
DO
7322
PUT
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $745K | ﹤0.01% |
52,300
-50,400
| -49% | -$597K |
|
7323
ClearBridge Dividend Strategy ESG ETF
YLDE
$173M
| $745K | ﹤0.01% |
17,597
-11,458
| -39% | -$466K |
|
7324
CALL
ProShares Ultra 20+ Year Treasury
UBT
$57.4M
| $745K | ﹤0.01% |
29,900
+10,200
| +52% | +$262K |
|
7325
CALL
CoreCivic
CXW
$3.25B
| $744K | ﹤0.01% |
79,100
-148,100
| -65% | -$1.34M |
|
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.