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 | |
|---|---|---|---|---|---|---|
|
TMHC
8001
PUT
DELISTED
Taylor Morrison
TMHC
| $561K | ﹤0.01% |
+11,500
| New | +$495K |
|
8002
CALL
LSB Industries
LXU
$737M
| $560K | ﹤0.01% |
56,900
+34,500
| +154% | +$330K |
|
8003
PUT
Sprinklr
CXM
$1.61B
| $560K | ﹤0.01% |
40,500
-17,000
| -30% | -$220K |
|
8004
ICU Medical
ICUI
$4.58B
| $560K | ﹤0.01% |
3,143
+524
| +20% | +$96.1K |
|
|
NEX
8005
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $560K | ﹤0.01% |
62,642
-107,655
| -63% | -$888K |
|
|
FFC
8006
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$781M
| $560K | ﹤0.01% |
+40,756
| New | +$559K |
|
|
AMRN
8007
Amarin Corp
AMRN
$297M
| $560K | ﹤0.01% |
23,527
+7,408
| +46% | +$190K |
|
8008
Ichor Holdings
ICHR
$2.66B
| $559K | ﹤0.01% |
14,912
-2,575
| -15% | -$80.3K |
|
|
ETWO
8009
PUT
DELISTED
E2open Parent Holdings
ETWO
| $559K | ﹤0.01% |
+99,800
| New | +$536K |
|
8010
OraSure Technologies
OSUR
$265M
| $559K | ﹤0.01% |
111,541
-560
| -0.5% | -$3.36K |
|
8011
Vanda Pharmaceuticals
VNDA
$316M
| $559K | ﹤0.01% |
84,790
-8,522
| -9% | -$54.6K |
|
|
ORAN
8012
CALL
DELISTED
Orange
ORAN
| $559K | ﹤0.01% |
48,000
-2,300
| -5% | -$27.9K |
|
8013
Kemper
KMPR
$1.62B
| $559K | ﹤0.01% |
11,577
+7,255
| +168% | +$351K |
|
8014
ANI Pharmaceuticals
ANIP
$1.76B
| $558K | ﹤0.01% |
10,375
-2,438
| -19% | -$108K |
|
8015
Cimpress
CMPR
$2.3B
| $558K | ﹤0.01% |
9,382
-5,078
| -35% | -$250K |
|
8016
PUT
Atomera
ATOM
$219M
| $558K | ﹤0.01% |
63,600
+33,700
| +113% | +$266K |
|
|
MACK
8017
CALL
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $557K | ﹤0.01% |
45,300
+27,500
| +154% | +$344K |
|
8018
PUT
Universal Electronics
UEIC
$67.9M
| $557K | ﹤0.01% |
57,900
-4,800
| -8% | -$44.4K |
|
8019
CALL
Mercury Insurance
MCY
$5.84B
| $557K | ﹤0.01% |
18,400
-5,800
| -24% | -$177K |
|
8020
PUT
Dorian LPG
LPG
$2.03B
| $557K | ﹤0.01% |
21,700
-2,800
| -11% | -$63.6K |
|
|
LAND
8021
Gladstone Land Corp
LAND
$358M
| $556K | ﹤0.01% |
34,204
-12,920
| -27% | -$209K |
|
|
TAST
8022
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $556K | ﹤0.01% |
110,377
+97,266
| +742% | +$441K |
|
|
TGH
8023
DELISTED
Textainer Group Holdings limited
TGH
| $556K | ﹤0.01% |
14,122
-19,682
| -58% | -$718K |
|
|
AGS
8024
DELISTED
PlayAGS
AGS
| $556K | ﹤0.01% |
98,414
-203,155
| -67% | -$1.19M |
|
8025
PUT
Worthington Enterprises
WOR
$2.87B
| $556K | ﹤0.01% |
12,976
-7,623
| -37% | -$282K |
|
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.