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 | |
|---|---|---|---|---|---|---|
7976
PUT
Pembina Pipeline
PBA
$28.7B
| $566K | ﹤0.01% |
18,000
-2,600
| -13% | -$83K |
|
7977
WisdomTree Japan SmallCap Dividend Fund
DFJ
$408M
| $566K | ﹤0.01% |
8,494
-15,565
| -65% | -$1.04M |
|
7978
PUT
Assurant
AIZ
$13.9B
| $566K | ﹤0.01% |
4,500
-60,900
| -93% | -$7.58M |
|
7979
Energy Recovery
ERII
$426M
| $566K | ﹤0.01% |
20,241
-59,586
| -75% | -$1.49M |
|
7980
PUT
Global X Cybersecurity ETF
BUG
$1.51B
| $565K | ﹤0.01% |
23,300
-118,300
| -84% | -$2.73M |
|
7981
iShares US Treasury Bond ETF
GOVT
$43.7B
| $565K | ﹤0.01% |
24,683
-149,102
| -86% | -$3.46M |
|
7982
Innovator US Equity Ultra Buffer ETF October
UOCT
$181M
| $565K | ﹤0.01% |
18,914
+9,372
| +98% | +$273K |
|
|
OOTO
7983
DELISTED
Direxion Daily Travel & Vacation Bull 2X Shares
OOTO
| $565K | ﹤0.01% |
+39,784
| New | +$494K |
|
|
TSP
7984
DELISTED
TuSimple Holdings Inc. Class A Common Stock
TSP
| $565K | ﹤0.01% |
340,289
+10,461
| +3% | +$16.9K |
|
7985
CALL
Gladstone Investment Corp
GAIN
$649M
| $565K | ﹤0.01% |
43,300
-27,500
| -39% | -$362K |
|
7986
Virtus Biotech ETF
BBP
$106M
| $565K | ﹤0.01% |
10,729
-2,030
| -16% | -$107K |
|
7987
PUT
TFS Financial
TFSL
$4.95B
| $564K | ﹤0.01% |
44,900
+21,300
| +90% | +$258K |
|
7988
CALL
BRC Inc
BRCC
$213M
| $563K | ﹤0.01% |
109,200
+11,500
| +12% | +$60.8K |
|
7989
PUT
Criteo S.A.
CRTO
$931M
| $563K | ﹤0.01% |
16,700
+4,700
| +39% | +$152K |
|
7990
Smartbird Inc
BIRD
$30.1M
| $563K | ﹤0.01% |
22,342
+13,170
| +144% | +$329K |
|
7991
CALL
NewMarket
NEU
$8.85B
| $563K | ﹤0.01% |
1,400
-20,400
| -94% | -$7.96M |
|
7992
First Trust DorseyWright DALI 1 ETF
DALI
$102M
| $563K | ﹤0.01% |
21,764
-7,650
| -26% | -$196K |
|
7993
Innovator US Equity Buffer ETF March
BMAR
$256M
| $563K | ﹤0.01% |
+15,165
| New | +$538K |
|
7994
TTM Technologies
TTMI
$14.7B
| $563K | ﹤0.01% |
40,469
-3,176
| -7% | -$41K |
|
7995
SiteOne Landscape Supply
SITE
$4.3B
| $562K | ﹤0.01% |
+3,361
| New | +$496K |
|
7996
PUT
Global Net Lease
GNL
$2.03B
| $562K | ﹤0.01% |
54,700
+27,900
| +104% | +$301K |
|
|
CLDT
7997
Chatham Lodging
CLDT
$605M
| $562K | ﹤0.01% |
60,009
-22,187
| -27% | -$220K |
|
7998
PUT
AMC Global Media
AMCX
$510M
| $562K | ﹤0.01% |
47,000
+4,500
| +11% | +$64.9K |
|
7999
CALL
Walker & Dunlop
WD
$1.46B
| $562K | ﹤0.01% |
7,100
+3,300
| +87% | +$238K |
|
8000
Wabash National
WNC
$512M
| $561K | ﹤0.01% |
21,883
-57,539
| -72% | -$1.42M |
|
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.