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 | |
|---|---|---|---|---|---|---|
7751
PUT
Westlake Corp
WLK
$10.2B
| $621K | ﹤0.01% |
5,200
-10,300
| -66% | -$1.18M |
|
7752
FT Vest US Equity Deep Buffer ETF August
DAUG
$374M
| $621K | ﹤0.01% |
+18,254
| New | +$594K |
|
7753
PUT
UFP Industries
UFPI
$4.96B
| $621K | ﹤0.01% |
6,400
-46,000
| -88% | -$3.84M |
|
7754
CALL
SPX Corp
SPXC
$10.9B
| $620K | ﹤0.01% |
7,300
+3,800
| +109% | +$283K |
|
7755
CALL
Helix Energy Solutions
HLX
$1.54B
| $620K | ﹤0.01% |
84,000
+15,900
| +23% | +$113K |
|
7756
York Water
YORW
$541M
| $620K | ﹤0.01% |
15,021
-12,638
| -46% | -$549K |
|
7757
LendingTree
TREE
$458M
| $620K | ﹤0.01% |
28,037
+13,122
| +88% | +$280K |
|
7758
PUT
Assured Guaranty
AGO
$3.38B
| $619K | ﹤0.01% |
11,100
-6,400
| -37% | -$340K |
|
7759
C4 Therapeutics
CCCC
$522M
| $619K | ﹤0.01% |
225,192
-42,875
| -16% | -$138K |
|
7760
PUT
Cogent Communications
CCOI
$579M
| $619K | ﹤0.01% |
9,200
-2,000
| -18% | -$131K |
|
7761
First Trust Cloud Computing ETF
SKYY
$3.31B
| $619K | ﹤0.01% |
8,149
-1,910
| -19% | -$131K |
|
|
BASE
7762
CALL
DELISTED
Couchbase
BASE
| $619K | ﹤0.01% |
+39,100
| New | +$639K |
|
7763
ArcelorMittal
MT
$55.7B
| $618K | ﹤0.01% |
22,621
-16,483
| -42% | -$453K |
|
7764
PUT
Clover Health Investments
CLOV
$2.44B
| $618K | ﹤0.01% |
686,900
-82,800
| -11% | -$73.4K |
|
7765
PUT
Vanguard Total Bond Market
BND
$161B
| $618K | ﹤0.01% |
8,500
-6,700
| -44% | -$491K |
|
7766
PUT
Tronox
TROX
$952M
| $618K | ﹤0.01% |
48,600
+1,600
| +3% | +$20.1K |
|
7767
CALL
Imperial Petroleum
IMPP
$217M
| $618K | ﹤0.01% |
200,500
+184,320
| +1,139% | +$613K |
|
7768
CALL
Glacier Bancorp
GBCI
$6.5B
| $617K | ﹤0.01% |
19,800
-6,200
| -24% | -$205K |
|
7769
PUT
United Bankshares
UBSI
$6.71B
| $617K | ﹤0.01% |
20,800
+9,400
| +82% | +$296K |
|
7770
Navigator Holdings
NVGS
$1.29B
| $617K | ﹤0.01% |
47,428
+18,446
| +64% | +$245K |
|
7771
PUT
G-III Apparel Group
GIII
$1.43B
| $617K | ﹤0.01% |
32,000
-30,000
| -48% | -$516K |
|
|
DVAX
7772
DELISTED
Dynavax Technologies
DVAX
| $617K | ﹤0.01% |
47,725
-258,661
| -84% | -$2.95M |
|
7773
PUT
Pathward Financial
CASH
$1.8B
| $617K | ﹤0.01% |
13,300
+7,800
| +142% | +$350K |
|
7774
PUT
iShares US Healthcare ETF
IYH
$3.75B
| $617K | ﹤0.01% |
11,000
+3,500
| +47% | +$194K |
|
7775
Invesco S&P MidCap Value with Momentum ETF
XMVM
$513M
| $616K | ﹤0.01% |
13,368
-18,179
| -58% | -$783K |
|
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.