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 | |
|---|---|---|---|---|---|---|
7501
Kennametal
KMT
$2.38B
| $690K | ﹤0.01% |
24,288
-12,255
| -34% | -$329K |
|
|
BRKL
7502
DELISTED
Brookline Bancorp
BRKL
| $690K | ﹤0.01% |
78,894
-13,151
| -14% | -$120K |
|
|
WPS
7503
DELISTED
iShares International Developed Property ETF
WPS
| $689K | ﹤0.01% |
26,368
+13,117
| +99% | +$354K |
|
7504
CALL
Belden
BDC
$5.31B
| $689K | ﹤0.01% |
7,200
+3,500
| +95% | +$300K |
|
7505
CALL
STAAR Surgical
STAA
$1.31B
| $689K | ﹤0.01% |
13,100
-180,000
| -93% | -$11M |
|
7506
PUT
NuScale Power
SMR
$3.85B
| $688K | ﹤0.01% |
101,200
+66,200
| +189% | +$537K |
|
7507
Invesco S&P SmallCap Information Technology ETF
PSCT
$518M
| $688K | ﹤0.01% |
14,007
+5,922
| +73% | +$259K |
|
7508
M/I Homes
MHO
$3.85B
| $688K | ﹤0.01% |
7,891
-5,036
| -39% | -$357K |
|
7509
State Street Nuveen Municipal Bond ETF
MBND
$26.9M
| $687K | ﹤0.01% |
25,544
+2,698
| +12% | +$72.7K |
|
|
CRESY
7510
CALL
Cresud
CRESY
$750M
| $687K | ﹤0.01% |
90,536
-106,183
| -54% | -$694K |
|
|
ABST
7511
DELISTED
Absolute Software Corp
ABST
| $687K | ﹤0.01% |
+59,937
| New | +$600K |
|
|
NVEE
7512
CALL
DELISTED
NV5 Global
NVEE
| $687K | ﹤0.01% |
24,800
-32,800
| -57% | -$805K |
|
7513
Annexon
ANNX
$1B
| $687K | ﹤0.01% |
195,098
-29,401
| -13% | -$129K |
|
|
UDMY
7514
PUT
DELISTED
Udemy
UDMY
| $687K | ﹤0.01% |
64,000
-58,900
| -48% | -$561K |
|
7515
JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
$1.27B
| $686K | ﹤0.01% |
8,129
-7,298
| -47% | -$602K |
|
7516
CALL
W&T Offshore
WTI
$554M
| $686K | ﹤0.01% |
177,300
-40,700
| -19% | -$175K |
|
7517
HDFC Bank
HDB
$120B
| $686K | ﹤0.01% |
+19,688
| New | +$664K |
|
7518
CALL
FingerMotion
FNGR
$18.7M
| $686K | ﹤0.01% |
229,400
+212,700
| +1,274% | +$405K |
|
7519
Fidelity Stocks for Inflation ETF
FCPI
$285M
| $686K | ﹤0.01% |
20,902
+4,362
| +26% | +$139K |
|
7520
Citi Trends
CTRN
$616M
| $686K | ﹤0.01% |
38,817
+21,274
| +121% | +$367K |
|
7521
Global X Information Technology Covered Call & Growth ETF
TYLG
$15.2M
| $685K | ﹤0.01% |
22,458
-15,042
| -40% | -$432K |
|
|
VRE
7522
DELISTED
Veris Residential
VRE
| $685K | ﹤0.01% |
42,668
-2,016
| -5% | -$32.6K |
|
7523
PUT
SS&C Technologies
SSNC
$19.1B
| $685K | ﹤0.01% |
11,300
-23,700
| -68% | -$1.35M |
|
7524
PUT
Qfin Holdings
QFIN
$1.49B
| $684K | ﹤0.01% |
39,600
-31,600
| -44% | -$531K |
|
7525
PUT
ProShares VIX Mid-Term Futures ETF
VIXM
$94.3M
| $684K | ﹤0.01% |
33,400
+1,700
| +5% | +$42.5K |
|
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.