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 | |
|---|---|---|---|---|---|---|
|
CMPS
7901
Compass Pathways
CMPS
$1.86B
| $583K | ﹤0.01% |
70,371
+34,586
| +97% | +$294K |
|
7902
Ouster
OUST
$3.51B
| $582K | ﹤0.01% |
117,889
+79,567
| +208% | +$416K |
|
|
WOW
7903
DELISTED
WideOpenWest
WOW
| $582K | ﹤0.01% |
68,997
-28,266
| -29% | -$255K |
|
7904
Archrock
AROC
$6.08B
| $582K | ﹤0.01% |
56,784
-10,417
| -16% | -$103K |
|
7905
CALL
LivaNova
LIVN
$4.53B
| $581K | ﹤0.01% |
11,300
-62,300
| -85% | -$2.92M |
|
7906
Cass Information Systems
CASS
$748M
| $581K | ﹤0.01% |
14,977
+1,230
| +9% | +$48.3K |
|
7907
CALL
RadNet
RDNT
$6.01B
| $581K | ﹤0.01% |
17,800
-33,100
| -65% | -$962K |
|
7908
PUT
Mativ Holdings
MATV
$674M
| $581K | ﹤0.01% |
38,400
-10,900
| -22% | -$193K |
|
7909
PUT
CorVel
CRVL
$3.32B
| $581K | ﹤0.01% |
9,000
-6,000
| -40% | -$402K |
|
7910
Innovator International Developed Power Buffer ETF October
IOCT
$170M
| $580K | ﹤0.01% |
+22,249
| New | +$571K |
|
7911
Hallador Energy
HNRG
$762M
| $580K | ﹤0.01% |
67,674
-95,223
| -58% | -$812K |
|
7912
PUT
Ryan Specialty Holdings
RYAN
$10.7B
| $579K | ﹤0.01% |
12,900
-7,200
| -36% | -$303K |
|
|
PARAA
7913
CALL
DELISTED
Paramount Global Class A
PARAA
| $579K | ﹤0.01% |
31,200
+1,900
| +6% | +$39.4K |
|
7914
PUT
Transact Technologies
TACT
$53.2M
| $579K | ﹤0.01% |
64,600
-70,300
| -52% | -$495K |
|
7915
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RSPD
$334M
| $578K | ﹤0.01% |
12,579
-23,790
| -65% | -$1.02M |
|
7916
CALL
Perdoceo Education
PRDO
$2B
| $578K | ﹤0.01% |
47,100
-52,900
| -53% | -$665K |
|
7917
CALL
Huazhu Hotels Group
HTHT
$12.9B
| $578K | ﹤0.01% |
14,900
-172,300
| -92% | -$7.49M |
|
7918
Butterfly Network
BFLY
$2.35B
| $577K | ﹤0.01% |
251,005
+161,438
| +180% | +$361K |
|
|
AMRS
7919
DELISTED
Amyris Inc.
AMRS
| $576K | ﹤0.01% |
559,484
-721,809
| -56% | -$672K |
|
7920
CALL
OneWater Marine
ONEW
$198M
| $576K | ﹤0.01% |
+15,900
| New | +$470K |
|
7921
StepStone Group
STEP
$4.15B
| $576K | ﹤0.01% |
23,208
-17,192
| -43% | -$395K |
|
7922
CALL
UDR
UDR
$12.2B
| $576K | ﹤0.01% |
13,400
+6,800
| +103% | +$280K |
|
7923
First Bancorp
FBNC
$2.74B
| $575K | ﹤0.01% |
19,343
-2,077
| -10% | -$65.7K |
|
7924
PUT
Veeco
VECO
$3.2B
| $575K | ﹤0.01% |
22,400
+9,600
| +75% | +$211K |
|
7925
PUT
Federal Agricultural Mortgage
AGM
$2.53B
| $575K | ﹤0.01% |
4,000
-19,900
| -83% | -$2.73M |
|
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.