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 | |
|---|---|---|---|---|---|---|
|
MSB
7576
CALL
Mesabi Trust
MSB
$301M
| $669K | ﹤0.01% |
32,800
-2,300
| -7% | -$49.4K |
|
7577
PUT
Universal Corp
UVV
$1.11B
| $669K | ﹤0.01% |
13,400
+5,700
| +74% | +$300K |
|
7578
PUT
Varonis Systems
VRNS
$5.17B
| $669K | ﹤0.01% |
25,100
-23,100
| -48% | -$577K |
|
|
SPTN
7579
CALL
DELISTED
SpartanNash
SPTN
| $669K | ﹤0.01% |
29,700
+14,600
| +97% | +$342K |
|
7580
CALL
Immersion
IMMR
$249M
| $668K | ﹤0.01% |
94,400
-116,200
| -55% | -$860K |
|
7581
PUT
ProShares UltraShort Russell2000
TWM
$40.4M
| $668K | ﹤0.01% |
9,560
-15,060
| -61% | -$1.17M |
|
7582
CALL
Lifecore Biomedical
LFCR
$179M
| $667K | ﹤0.01% |
+69,000
| New | +$421K |
|
|
FSGS
7583
First Trust SMID Growth Strength ETF
FSGS
$32.3M
| $667K | ﹤0.01% |
24,772
-60,435
| -71% | -$1.57M |
|
7584
PUT
Relay Therapeutics
RLAY
$4.35B
| $667K | ﹤0.01% |
53,100
-55,300
| -51% | -$688K |
|
7585
Brookdale Senior Living
BKD
$3.02B
| $667K | ﹤0.01% |
158,015
-82,556
| -34% | -$319K |
|
7586
CALL
Coca-Cola Femsa
KOF
$22.9B
| $666K | ﹤0.01% |
8,000
-9,700
| -55% | -$831K |
|
|
SMCP
7587
DELISTED
AlphaMark Actively Managed Small Cap ETF
SMCP
| $666K | ﹤0.01% |
25,901
-235
| -0.9% | -$5.78K |
|
7588
PUT
SIGA Technologies
SIGA
$216M
| $666K | ﹤0.01% |
131,900
+79,100
| +150% | +$450K |
|
|
PETQ
7589
PUT
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $666K | ﹤0.01% |
43,900
+24,400
| +125% | +$313K |
|
|
INBX
7590
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $666K | ﹤0.01% |
25,649
-45,487
| -64% | -$1.06M |
|
7591
PUT
AdaptHealth
AHCO
$775M
| $666K | ﹤0.01% |
54,700
-7,700
| -12% | -$85.8K |
|
7592
Monro
MNRO
$359M
| $665K | ﹤0.01% |
16,368
-7,011
| -30% | -$316K |
|
7593
CALL
American Coastal Insurance
ACIC
$466M
| $665K | ﹤0.01% |
+149,100
| New | +$643K |
|
7594
Oaktree Specialty Lending
OCSL
$1.14B
| $665K | ﹤0.01% |
+34,206
| New | +$643K |
|
7595
iShares ESG Optimized MSCI USA ETF
SUSA
$4.19B
| $664K | ﹤0.01% |
+7,094
| New | +$630K |
|
7596
PUT
CorMedix
CRMD
$588M
| $664K | ﹤0.01% |
167,300
+44,500
| +36% | +$220K |
|
7597
CALL
eHealth
EHTH
$39.1M
| $664K | ﹤0.01% |
82,600
-60,000
| -42% | -$480K |
|
7598
BlackRock US Equity Factor Rotation ETF
DYNF
$40.4B
| $664K | ﹤0.01% |
18,517
+3,514
| +23% | +$118K |
|
7599
WisdomTree Efficient Gold Plus Equity Strategy Fund
GDE
$482M
| $664K | ﹤0.01% |
26,546
-10,438
| -28% | -$256K |
|
7600
Innovator US Equity Buffer ETF December
BDEC
$223M
| $664K | ﹤0.01% |
18,317
+2,865
| +19% | +$98.8K |
|
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.