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 | |
|---|---|---|---|---|---|---|
8151
Littelfuse
LFUS
$11.6B
| $524K | ﹤0.01% |
1,798
+780
| +77% | +$204K |
|
8152
PUT
Compass Minerals
CMP
$1.11B
| $524K | ﹤0.01% |
15,400
+6,700
| +77% | +$222K |
|
8153
PUT
ProShares UltraShort Dow 30
DXD
$42.7M
| $524K | ﹤0.01% |
13,000
-123,300
| -90% | -$5.19M |
|
8154
CALL
Ezcorp Inc
EZPW
$1.81B
| $523K | ﹤0.01% |
62,400
-22,700
| -27% | -$197K |
|
8155
CALL
InflaRx
IFRX
$301M
| $523K | ﹤0.01% |
+117,200
| New | +$525K |
|
|
OTLY
8156
Oatly Group
OTLY
$441M
| $522K | ﹤0.01% |
12,741
-21,906
| -63% | -$896K |
|
8157
CALL
iShares S&P GSCI Commodity-Indexed Trust
GSG
$940M
| $522K | ﹤0.01% |
26,800
-13,500
| -33% | -$266K |
|
8158
CALL
Vital Farms
VITL
$468M
| $522K | ﹤0.01% |
43,500
-24,300
| -36% | -$339K |
|
8159
Timken Company
TKR
$9.25B
| $521K | ﹤0.01% |
5,697
-12,273
| -68% | -$968K |
|
|
EMAN
8160
DELISTED
eMagin Corporation
EMAN
| $521K | ﹤0.01% |
263,320
+153,145
| +139% | +$302K |
|
|
AMRS
8161
CALL
DELISTED
Amyris Inc.
AMRS
| $521K | ﹤0.01% |
506,100
-536,100
| -51% | -$499K |
|
|
CMBT
8162
CALL
CMB.TECH NV
CMBT
$5B
| $521K | ﹤0.01% |
+34,200
| New | +$557K |
|
8163
CALL
Edgewell Personal Care
EPC
$1.31B
| $521K | ﹤0.01% |
+12,600
| New | +$538K |
|
8164
PUT
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $520K | ﹤0.01% |
+7,000
| New | +$512K |
|
|
HEAL
8165
Global X Funds Global X HealthTech ETF
HEAL
$31M
| $520K | ﹤0.01% |
14,910
-8,468
| -36% | -$294K |
|
|
STEL
8166
DELISTED
Stellar Bancorp
STEL
| $520K | ﹤0.01% |
22,718
-16,638
| -42% | -$388K |
|
8167
Kanzhun
BZ
$6.93B
| $520K | ﹤0.01% |
34,542
-8,999
| -21% | -$151K |
|
8168
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.04B
| $519K | ﹤0.01% |
12,964
-11,609
| -47% | -$479K |
|
|
MUI
8169
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
| $519K | ﹤0.01% |
45,368
+21,467
| +90% | +$245K |
|
8170
WisdomTree Emerging Markets Corporate Bond Fund
EMCB
$99M
| $519K | ﹤0.01% |
8,321
-4,374
| -34% | -$273K |
|
8171
PUT
Clean Energy Fuels
CLNE
$403M
| $519K | ﹤0.01% |
104,600
-41,600
| -28% | -$182K |
|
8172
Eagle Bancorp
EGBN
$878M
| $519K | ﹤0.01% |
24,505
-7,544
| -24% | -$178K |
|
8173
Global E Online
GLBE
$7.12B
| $518K | ﹤0.01% |
12,664
-23,865
| -65% | -$785K |
|
|
QVCGA
8174
PUT
DELISTED
QVC Group Inc Series A
QVCGA
| $518K | ﹤0.01% |
10,470
+5,680
| +119% | +$256K |
|
8175
Cricut
CRCT
$1.21B
| $518K | ﹤0.01% |
+42,437
| New | +$464K |
|
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.