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 | |
|---|---|---|---|---|---|---|
8226
PUT
InfraCap MLP ETF
AMZA
$484M
| $507K | ﹤0.01% |
15,300
-2,700
| -15% | -$87.1K |
|
8227
OR Royalties Inc
OR
$6.25B
| $507K | ﹤0.01% |
+33,008
| New | +$534K |
|
|
PMT
8228
PUT
PennyMac Mortgage Investment
PMT
$824M
| $507K | ﹤0.01% |
37,600
-16,200
| -30% | -$198K |
|
8229
CALL
Kartoon Studios
TOON
$37.4M
| $507K | ﹤0.01% |
265,200
-26,500
| -9% | -$70.3K |
|
|
ME
8230
DELISTED
23andMe Holding Co
ME
| $506K | ﹤0.01% |
14,466
-3,023
| -17% | -$120K |
|
8231
Huazhu Hotels Group
HTHT
$12.9B
| $506K | ﹤0.01% |
13,056
-1,501
| -10% | -$65.2K |
|
|
FOLD
8232
PUT
DELISTED
Amicus Therapeutics
FOLD
| $506K | ﹤0.01% |
+40,300
| New | +$478K |
|
8233
CALL
Driven Brands
DRVN
$2.13B
| $506K | ﹤0.01% |
18,700
-197,700
| -91% | -$5.5M |
|
|
DRRX
8234
PUT
DELISTED
DURECT Corp
DRRX
| $506K | ﹤0.01% |
102,200
+41,600
| +69% | +$211K |
|
8235
CALL
ProShares Ultra Russell2000
UWM
$251M
| $506K | ﹤0.01% |
14,700
-12,200
| -45% | -$384K |
|
8236
PUT
Utz Brands
UTZ
$1.26B
| $506K | ﹤0.01% |
30,900
+10,000
| +48% | +$172K |
|
8237
ARKO Corp
ARKO
$544M
| $505K | ﹤0.01% |
63,577
-56,438
| -47% | -$449K |
|
8238
Heritage Insurance Holdings
HRTG
$1.01B
| $505K | ﹤0.01% |
131,184
+78,389
| +148% | +$315K |
|
8239
CALL
First Trust Water ETF
FIW
$1.92B
| $505K | ﹤0.01% |
5,700
-5,200
| -48% | -$437K |
|
8240
CALL
Travel + Leisure Co
TNL
$4.63B
| $504K | ﹤0.01% |
12,500
+4,500
| +56% | +$173K |
|
8241
Roivant Sciences
ROIV
$26.1B
| $504K | ﹤0.01% |
50,021
-171,346
| -77% | -$1.53M |
|
|
BORR
8242
Borr Drilling
BORR
$1.37B
| $504K | ﹤0.01% |
66,956
-33,875
| -34% | -$243K |
|
8243
CALL
Clarivate
CLVT
$1.23B
| $504K | ﹤0.01% |
52,900
-20,300
| -28% | -$172K |
|
8244
CALL
Piper Sandler
PIPR
$5.41B
| $504K | ﹤0.01% |
15,600
-64,800
| -81% | -$2.14M |
|
8245
CALL
Replimune Group
REPL
$1.4B
| $504K | ﹤0.01% |
+21,700
| New | +$424K |
|
|
IEDI
8246
DELISTED
iShares US Consumer Focused ETF
IEDI
| $504K | ﹤0.01% |
12,481
+1,009
| +9% | +$38.8K |
|
|
FNCH
8247
DELISTED
Finch Therapeutics Group, Inc. Common Stock
FNCH
| $504K | ﹤0.01% |
59,028
-1
| -0% | -$10 |
|
8248
CALL
Asure Software
ASUR
$245M
| $503K | ﹤0.01% |
41,400
-16,500
| -28% | -$220K |
|
8249
CALL
National Health Investors
NHI
$3.58B
| $503K | ﹤0.01% |
9,600
-12,900
| -57% | -$665K |
|
8250
Grindr
GRND
$2.78B
| $503K | ﹤0.01% |
90,969
-28,055
| -24% | -$171K |
|
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.