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 | |
|---|---|---|---|---|---|---|
7351
Krispy Kreme
DNUT
$578M
| $738K | ﹤0.01% |
50,086
-37,223
| -43% | -$558K |
|
7352
CALL
Idaho Strategic Resources
IDR
$505M
| $737K | ﹤0.01% |
138,100
-32,700
| -19% | -$173K |
|
7353
Leslie's
LESL
$6.04M
| $737K | ﹤0.01% |
3,924
+2,333
| +147% | +$482K |
|
7354
NBT Bancorp
NBTB
$2.78B
| $736K | ﹤0.01% |
23,123
-247
| -1% | -$8.26K |
|
7355
FerroAtlántica
GSM
$820M
| $736K | ﹤0.01% |
+154,346
| New | +$710K |
|
7356
Autohome
ATHM
$2.61B
| $735K | ﹤0.01% |
25,201
+9,733
| +63% | +$291K |
|
7357
iShares Global Timber & Forestry ETF
WOOD
$269M
| $735K | ﹤0.01% |
10,247
+6,959
| +212% | +$498K |
|
7358
iShares US Small Cap Equity Factor ETF
SMLF
$4.33B
| $734K | ﹤0.01% |
13,692
-3,995
| -23% | -$203K |
|
7359
Kimbell Royalty Partners
KRP
$1.52B
| $734K | ﹤0.01% |
+49,887
| New | +$771K |
|
7360
Innospec
IOSP
$2.31B
| $734K | ﹤0.01% |
7,303
-5,188
| -42% | -$520K |
|
7361
CALL
Ingevity
NGVT
$2.64B
| $733K | ﹤0.01% |
12,600
+2,000
| +19% | +$120K |
|
7362
CALL
Green Brick Partners
GRBK
$3.03B
| $733K | ﹤0.01% |
12,900
-11,100
| -46% | -$517K |
|
7363
Provident Financial Services
PFS
$3.21B
| $732K | ﹤0.01% |
44,827
-471
| -1% | -$8.01K |
|
7364
PUT
Old National Bancorp
ONB
$10.4B
| $732K | ﹤0.01% |
52,500
+3,200
| +6% | +$42.5K |
|
7365
PUT
Avnet
AVT
$7.86B
| $732K | ﹤0.01% |
14,500
+1,400
| +11% | +$61.7K |
|
|
TVRD
7366
Tvardi Therapeutics
TVRD
$25.3M
| $731K | ﹤0.01% |
7,180
+5,673
| +376% | +$781K |
|
|
CVSA
7367
PUT
Covista Inc
CVSA
$4.49B
| $731K | ﹤0.01% |
+21,300
| New | +$852K |
|
7368
CALL
Donaldson
DCI
$11.1B
| $731K | ﹤0.01% |
11,700
+7,300
| +166% | +$457K |
|
7369
CALL
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $731K | ﹤0.01% |
12,400
-10,500
| -46% | -$628K |
|
7370
PUT
iShares US Financials ETF
IYF
$4.43B
| $731K | ﹤0.01% |
9,800
-300
| -3% | -$21.6K |
|
7371
PUT
PAR Technology
PAR
$788M
| $731K | ﹤0.01% |
22,200
+4,800
| +28% | +$160K |
|
7372
Recursion Pharmaceuticals
RXRX
$1.69B
| $730K | ﹤0.01% |
97,785
-106,618
| -52% | -$746K |
|
7373
PUT
Ambev
ABEV
$43.2B
| $730K | ﹤0.01% |
229,600
-1,480,400
| -87% | -$4.36M |
|
7374
iShares US Telecommunications ETF
IYZ
$1.23B
| $730K | ﹤0.01% |
33,016
+22,132
| +203% | +$484K |
|
|
VBTX
7375
DELISTED
Veritex Holdings
VBTX
| $729K | ﹤0.01% |
40,668
+8,404
| +26% | +$150K |
|
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.