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 | 1.06% |
| 5 | Healthcare | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
PUT
Direxion Daily Regional Banks Bull 3X ETF
DPST
$388M
| $72.1M | 0.01% |
1,332,900
+1,259,990
| +1,728% | +$74.3M |
|
777
PUT
Rio Tinto
RIO
$165B
| $72M | 0.01% |
1,127,200
-502,400
| -31% | -$32.3M |
|
778
PUT
HCA Healthcare
HCA
$89.9B
| $71.8M | 0.01% |
236,600
-33,600
| -12% | -$9.34M |
|
779
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$99.1B
| $71.6M | 0.01% |
478,300
+116,000
| +32% | +$16.7M |
|
780
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $71.3M | 0.01% |
950,424
+945,749
| +20,230% | +$70.6M |
|
781
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $71.2M | 0.01% |
822,900
-527,500
| -39% | -$45M |
|
782
CALL
On Holding
ONON
$12.8B
| $71.2M | 0.01% |
2,157,800
+279,100
| +15% | +$8.49M |
|
783
Paychex
PAYX
$42.8B
| $71.1M | 0.01% |
635,673
+448,588
| +240% | +$49.1M |
|
784
iShares China Large-Cap ETF
FXI
$4.34B
| $71M | 0.01% |
2,613,051
-2,139,857
| -45% | -$60M |
|
785
Pinduoduo
PDD
$132B
| $71M | 0.01% |
1,026,215
-805,516
| -44% | -$55.3M |
|
786
ProShares Bitcoin Strategy ETF
BITO
$1.45B
| $70.9M | 0.01% |
4,177,189
+1,130,209
| +37% | +$18.3M |
|
787
Arista Networks
ANET
$242B
| $70.8M | 0.01% |
1,748,392
+1,209,320
| +224% | +$46.8M |
|
788
State Street SPDR S&P Regional Banking ETF
KRE
$4.56B
| $70.7M | 0.01% |
1,730,621
-1,272,933
| -42% | -$52.2M |
|
789
CALL
Air Products & Chemicals
APD
$68.1B
| $70.7M | 0.01% |
235,900
-124,700
| -35% | -$35.5M |
|
790
CALL
Atlassian
TEAM
$37.6B
| $70.6M | 0.01% |
420,500
-192,200
| -31% | -$30.8M |
|
791
CALL
DuPont de Nemours
DD
$19.2B
| $70.4M | 0.01% |
785,434
-16,889
| -2% | -$1.45M |
|
|
SPLK
792
PUT
DELISTED
Splunk Inc
SPLK
| $70.4M | 0.01% |
663,800
+29,900
| +5% | +$2.84M |
|
793
CALL
Kroger
KR
$34.8B
| $70.2M | 0.01% |
1,493,400
+518,600
| +53% | +$24.7M |
|
794
CALL
Clorox
CLX
$13B
| $70.1M | 0.01% |
440,600
-6,300
| -1% | -$1.02M |
|
795
MongoDB
MDB
$33.4B
| $69.9M | 0.01% |
170,173
+90,895
| +115% | +$26.5M |
|
796
PUT
Digital Realty Trust
DLR
$70.7B
| $69.7M | 0.01% |
611,900
+404,000
| +194% | +$40M |
|
797
Constellation Brands
STZ
$22.8B
| $69.6M | 0.01% |
282,771
+153,054
| +118% | +$35.8M |
|
798
PUT
TJX Companies
TJX
$177B
| $69.6M | 0.01% |
820,400
-57,400
| -7% | -$4.53M |
|
799
CALL
Corning
GLW
$139B
| $69.3M | 0.01% |
1,978,800
+629,000
| +47% | +$20.7M |
|
800
Phillips 66
PSX
$84.4B
| $69.2M | 0.01% |
725,632
+278,876
| +62% | +$27.1M |
|
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.