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 | |
|---|---|---|---|---|---|---|
8401
CALL
Alpha Pro Tech
APT
$55.4M
| $472K | ﹤0.01% |
118,600
-22,800
| -16% | -$89.7K |
|
|
ARI
8402
Apollo Commercial Real Estate
ARI
$876M
| $472K | ﹤0.01% |
41,684
-172,270
| -81% | -$1.74M |
|
8403
PUT
First Business Financial Services
FBIZ
$598M
| $472K | ﹤0.01% |
+16,000
| New | +$454K |
|
8404
AllianzIM U.S. Equity Buffer20 Jun ETF
JUNW
$375M
| $472K | ﹤0.01% |
+18,306
| New | +$467K |
|
8405
PUT
StepStone Group
STEP
$4.15B
| $471K | ﹤0.01% |
19,000
-9,100
| -32% | -$209K |
|
|
AMPS
8406
DELISTED
Altus Power
AMPS
| $471K | ﹤0.01% |
87,274
+20,017
| +30% | +$98.8K |
|
8407
Global X Blockchain ETF
BKCH
$205M
| $471K | ﹤0.01% |
+15,280
| New | +$376K |
|
8408
Asure Software
ASUR
$245M
| $471K | ﹤0.01% |
38,749
-160,330
| -81% | -$2.14M |
|
|
RPT
8409
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $471K | ﹤0.01% |
45,074
-9,631
| -18% | -$91.2K |
|
8410
SoFi Social 50 ETF
SFYF
$42.5M
| $471K | ﹤0.01% |
17,020
+2,371
| +16% | +$58.5K |
|
8411
Ceco Environmental
CECO
$4.66B
| $471K | ﹤0.01% |
35,231
-323,682
| -90% | -$4.02M |
|
8412
Invesco S&P International Developed Momentum ETF
IDMO
$4.3B
| $471K | ﹤0.01% |
+14,247
| New | +$469K |
|
|
HITI
8413
CALL
High Tide
HITI
$206M
| $470K | ﹤0.01% |
379,300
-99,800
| -21% | -$130K |
|
|
TBI
8414
Trueblue
TBI
$311M
| $470K | ﹤0.01% |
26,550
+9,292
| +54% | +$158K |
|
8415
Atossa Therapeutics
ATOS
$25.9M
| $470K | ﹤0.01% |
24,869
+17,826
| +253% | +$216K |
|
|
INFN
8416
CALL
DELISTED
Infinera Corporation Common Stock
INFN
| $470K | ﹤0.01% |
97,300
+13,100
| +16% | +$72K |
|
8417
CALL
Invesco NASDAQ Internet ETF
PNQI
$542M
| $469K | ﹤0.01% |
15,000
+500
| +3% | +$14.5K |
|
8418
X4 Pharmaceuticals
XFOR
$418M
| $468K | ﹤0.01% |
8,048
-1,370
| -15% | -$70.4K |
|
8419
PUT
iShares MSCI Italy ETF
EWI
$1.08B
| $468K | ﹤0.01% |
14,700
-205,400
| -93% | -$6.39M |
|
8420
Sundial Growers
SNDL
$313M
| $468K | ﹤0.01% |
341,350
+124,371
| +57% | +$189K |
|
8421
PUT
Toro Company
TTC
$9.37B
| $468K | ﹤0.01% |
4,600
+700
| +18% | +$71.8K |
|
8422
CALL
Ramaco Resources Class A
METC
$777M
| $468K | ﹤0.01% |
57,261
-8,372
| -13% | -$69.8K |
|
8423
Invesco China Technology ETF
CQQQ
$3.18B
| $467K | ﹤0.01% |
11,787
-2,838
| -19% | -$118K |
|
|
BRY
8424
DELISTED
Berry Corp
BRY
| $467K | ﹤0.01% |
67,913
+25,636
| +61% | +$185K |
|
8425
PUT
CAVA Group
CAVA
$8.69B
| $467K | ﹤0.01% |
+11,400
| New | +$469K |
|
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.