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 | |
|---|---|---|---|---|---|---|
8276
CALL
ICF International
ICFI
$1.59B
| $498K | ﹤0.01% |
4,000
+600
| +18% | +$69.2K |
|
8277
Washington Trust Bancorp
WASH
$767M
| $497K | ﹤0.01% |
18,535
-10,514
| -36% | -$294K |
|
|
ATIP
8278
CALL
DELISTED
ATI Physical Therapy, Inc.
ATIP
| $497K | ﹤0.01% |
54,300
+53,214
| +4,900% | +$605K |
|
8279
Bain Capital Specialty
BCSF
$814M
| $497K | ﹤0.01% |
36,769
-25,423
| -41% | -$314K |
|
8280
Ligand Pharmaceuticals
LGND
$5.87B
| $497K | ﹤0.01% |
6,887
-221
| -3% | -$16.6K |
|
8281
PUT
Travel + Leisure Co
TNL
$4.63B
| $496K | ﹤0.01% |
12,300
-2,800
| -19% | -$108K |
|
8282
Amylyx Pharmaceuticals
AMLX
$2.41B
| $496K | ﹤0.01% |
23,003
-7,607
| -25% | -$205K |
|
8283
AudioCodes
AUDC
$250M
| $496K | ﹤0.01% |
+54,336
| New | +$534K |
|
8284
Nuveen ESG Small-Cap ETF
NUSC
$1.35B
| $496K | ﹤0.01% |
13,407
+6,190
| +86% | +$219K |
|
8285
StealthGas
GASS
$352M
| $495K | ﹤0.01% |
116,293
+84,038
| +261% | +$254K |
|
8286
CALL
Sportradar
SRAD
$4.09B
| $495K | ﹤0.01% |
38,400
-120,700
| -76% | -$1.45M |
|
8287
BlackRock MuniHoldings California Quality Fund
MUC
$1.01B
| $495K | ﹤0.01% |
45,653
-1,209
| -3% | -$13K |
|
8288
CALL
News Corp Class A
NWSA
$15.8B
| $495K | ﹤0.01% |
25,400
+8,700
| +52% | +$158K |
|
8289
First Internet Bancorp
INBK
$254M
| $495K | ﹤0.01% |
+33,335
| New | +$463K |
|
8290
CALL
Equity Lifestyle Properties
ELS
$12.7B
| $495K | ﹤0.01% |
7,400
+4,100
| +124% | +$273K |
|
8291
Alkami Technology
ALKT
$2.21B
| $495K | ﹤0.01% |
30,194
+14,792
| +96% | +$204K |
|
|
CHIH
8292
DELISTED
Global X MSCI China Health Care ETF
CHIH
| $495K | ﹤0.01% |
35,273
+428
| +1% | +$6.73K |
|
8293
Crinetics Pharmaceuticals
CRNX
$8.99B
| $494K | ﹤0.01% |
27,427
-34,560
| -56% | -$689K |
|
8294
PUT
Americold
COLD
$4.25B
| $494K | ﹤0.01% |
+15,300
| New | +$456K |
|
8295
PUT
Genmab
GMAB
$19.6B
| $494K | ﹤0.01% |
13,000
-88,000
| -87% | -$3.51M |
|
|
BNKU
8296
DELISTED
MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs
BNKU
| $494K | ﹤0.01% |
31,677
-164,982
| -84% | -$2.49M |
|
8297
PUT
ProShares UltraShort FTSE Europe
EPV
$10.2M
| $494K | ﹤0.01% |
10,180
+7,940
| +354% | +$393K |
|
8298
ePlus
PLUS
$2.31B
| $493K | ﹤0.01% |
8,759
-4,858
| -36% | -$239K |
|
8299
Nu Skin
NUS
$234M
| $493K | ﹤0.01% |
14,853
-14,808
| -50% | -$545K |
|
8300
Safety Insurance
SAFT
$1.52B
| $493K | ﹤0.01% |
6,873
-7,369
| -52% | -$539K |
|
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.