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 | |
|---|---|---|---|---|---|---|
7476
CALL
Hilltop Holdings
HTH
$2.27B
| $698K | ﹤0.01% |
+22,200
| New | +$680K |
|
7477
Envista
NVST
$4.51B
| $698K | ﹤0.01% |
20,635
+5,135
| +33% | +$181K |
|
7478
First Trust China AlphaDEX Fund
FCA
$32.8M
| $698K | ﹤0.01% |
34,634
+4,893
| +16% | +$106K |
|
|
ITOS
7479
PUT
DELISTED
iTeos Therapeutics
ITOS
| $698K | ﹤0.01% |
52,700
+24,000
| +84% | +$342K |
|
|
VRNA
7480
PUT
DELISTED
Verona Pharma
VRNA
| $698K | ﹤0.01% |
33,000
-3,100
| -9% | -$66.1K |
|
7481
CALL
Ichor Holdings
ICHR
$2.66B
| $698K | ﹤0.01% |
18,600
-8,500
| -31% | -$265K |
|
7482
PUT
Henry Schein
HSIC
$10B
| $697K | ﹤0.01% |
8,600
-92,200
| -91% | -$7.28M |
|
7483
ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
$1.82B
| $696K | ﹤0.01% |
+9,901
| New | +$687K |
|
7484
CALL
First Mid Bancshares
FMBH
$1.38B
| $695K | ﹤0.01% |
+28,800
| New | +$718K |
|
7485
CALL
Harrow
HROW
$1.5B
| $695K | ﹤0.01% |
36,500
-5,200
| -12% | -$114K |
|
7486
Park Hotels & Resorts
PK
$3.05B
| $695K | ﹤0.01% |
54,185
-58,379
| -52% | -$745K |
|
|
ENV
7487
PUT
DELISTED
ENVESTNET, INC.
ENV
| $694K | ﹤0.01% |
+11,700
| New | +$678K |
|
|
SFIX
7488
PUT
Stitch Fix
SFIX
$479M
| $694K | ﹤0.01% |
180,300
-15,500
| -8% | -$58.7K |
|
7489
Invesco Leisure and Entertainment ETF
PEJ
$314M
| $694K | ﹤0.01% |
16,587
-2,125
| -11% | -$86.6K |
|
|
SII
7490
PUT
Sprott
SII
$3B
| $693K | ﹤0.01% |
21,400
-7,300
| -25% | -$252K |
|
7491
Rekor Systems
REKR
$98.2M
| $693K | ﹤0.01% |
389,414
+165,384
| +74% | +$230K |
|
7492
PUT
Brunswick
BC
$5.36B
| $693K | ﹤0.01% |
8,000
-28,200
| -78% | -$2.3M |
|
7493
Douglas Dynamics
PLOW
$976M
| $693K | ﹤0.01% |
23,193
+5,658
| +32% | +$166K |
|
7494
Cardlytics
CDLX
$24.9M
| $693K | ﹤0.01% |
10,962
-949
| -8% | -$57.5K |
|
7495
Pagaya Technologies
PGY
$1.8B
| $693K | ﹤0.01% |
41,224
-806
| -2% | -$10.1K |
|
|
LSXMA
7496
CALL
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $692K | ﹤0.01% |
+28,717
| New | +$611K |
|
7497
Direxion Daily Consumer Discretionary Bull 3X ETF
WANT
$21.3M
| $692K | ﹤0.01% |
21,259
-29,549
| -58% | -$726K |
|
|
ACCD
7498
CALL
DELISTED
Accolade Inc
ACCD
| $691K | ﹤0.01% |
51,300
-12,400
| -19% | -$161K |
|
|
OPI
7499
PUT
DELISTED
Office Properties Income Trust
OPI
| $691K | ﹤0.01% |
89,700
+53,600
| +148% | +$406K |
|
|
RDUS
7500
PUT
DELISTED
Radius Recycling
RDUS
| $690K | ﹤0.01% |
23,000
-28,900
| -56% | -$869K |
|
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.