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 | |
|---|---|---|---|---|---|---|
8026
Global X Clean Water ETF
AQWA
$22.7M
| $556K | ﹤0.01% |
36,033
+7,759
| +27% | +$115K |
|
8027
iShares S&P India Nifty 50 Index Fund
INDY
$561M
| $556K | ﹤0.01% |
12,336
-11,031
| -47% | -$473K |
|
8028
PUT
EastGroup Properties
EGP
$10.9B
| $556K | ﹤0.01% |
3,200
-5,300
| -62% | -$884K |
|
8029
PUT
Westwood Holdings Group
WHG
$186M
| $556K | ﹤0.01% |
+44,800
| New | +$549K |
|
8030
PUT
ASE Group
ASX
$103B
| $555K | ﹤0.01% |
71,300
+60,100
| +537% | +$462K |
|
8031
Urban One Class A
UONE
$23.3M
| $555K | ﹤0.01% |
9,266
-2,928
| -24% | -$200K |
|
8032
XPEL
XPEL
$1.38B
| $555K | ﹤0.01% |
6,588
-10,733
| -62% | -$793K |
|
8033
Hyster-Yale Materials Handling
HY
$618M
| $554K | ﹤0.01% |
9,921
-5,734
| -37% | -$293K |
|
8034
Strategic Education
STRA
$1.83B
| $554K | ﹤0.01% |
8,166
-2,124
| -21% | -$173K |
|
8035
Invesco S&P SmallCap Health Care ETF
PSCH
$173M
| $554K | ﹤0.01% |
12,465
-12,174
| -49% | -$538K |
|
8036
CALL
Prosperity Bancshares
PB
$9.02B
| $554K | ﹤0.01% |
9,800
-15,400
| -61% | -$920K |
|
8037
CALL
Healthpeak Properties
DOC
$14.3B
| $553K | ﹤0.01% |
27,500
-11,900
| -30% | -$247K |
|
8038
CALL
MGIC Investment
MTG
$6.39B
| $553K | ﹤0.01% |
35,000
+2,400
| +7% | +$35.6K |
|
|
NINE
8039
DELISTED
Nine Energy Service
NINE
| $552K | ﹤0.01% |
144,091
-79,822
| -36% | -$308K |
|
8040
Hillman Solutions
HLMN
$1.69B
| $552K | ﹤0.01% |
61,223
-4,455
| -7% | -$37.1K |
|
8041
CALL
VanEck Pharmaceutical ETF
PPH
$985M
| $551K | ﹤0.01% |
7,000
+3,300
| +89% | +$258K |
|
8042
Knowles
KN
$3.29B
| $551K | ﹤0.01% |
30,526
-17,104
| -36% | -$288K |
|
8043
PUT
Zurn Elkay Water Solutions
ZWS
$8.45B
| $551K | ﹤0.01% |
+20,500
| New | +$467K |
|
8044
Fidelity Corporate Bond ETF
FCOR
$352M
| $551K | ﹤0.01% |
12,056
+3,101
| +35% | +$142K |
|
8045
CALL
Cathay General Bancorp
CATY
$4.33B
| $550K | ﹤0.01% |
+17,100
| New | +$543K |
|
8046
PUT
Movado Group
MOV
$803M
| $550K | ﹤0.01% |
20,500
-8,700
| -30% | -$228K |
|
8047
Perdoceo Education
PRDO
$2B
| $550K | ﹤0.01% |
44,823
-2,833
| -6% | -$35.6K |
|
8048
FT Vest US Equity Moderate Buffer ETF March
GMAR
$397M
| $550K | ﹤0.01% |
+17,292
| New | +$534K |
|
8049
Davis Select US Equity ETF
DUSA
$1.28B
| $549K | ﹤0.01% |
17,147
+2,475
| +17% | +$73.9K |
|
8050
First Trust RiverFront Dynamic Developed International ETF
RFDI
$168M
| $548K | ﹤0.01% |
9,594
+5,634
| +142% | +$323K |
|
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.