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 | |
|---|---|---|---|---|---|---|
8451
CALL
AMES National
ATLO
$280M
| $463K | ﹤0.01% |
+25,700
| New | +$483K |
|
|
TGB
8452
Trekor Metals
TGB
$3.06B
| $462K | ﹤0.01% |
323,395
-17,305
| -5% | -$25.9K |
|
8453
Credit Suisse X-Links Gold Shares Covered Call ETNs due February 2 2033
GLDI
$32.7M
| $462K | ﹤0.01% |
3,304
-2,991
| -48% | -$434K |
|
8454
Fidelity Quality Factor ETF
FQAL
$1.46B
| $462K | ﹤0.01% |
+9,142
| New | +$440K |
|
8455
CALL
State Street SPDR Portfolio Europe ETF
SPEU
$743M
| $462K | ﹤0.01% |
12,000
-12,000
| -50% | -$465K |
|
|
RWT
8456
CALL
Redwood Trust
RWT
$604M
| $462K | ﹤0.01% |
72,500
-205,700
| -74% | -$1.28M |
|
8457
PUT
Editas Medicine
EDIT
$433M
| $462K | ﹤0.01% |
56,100
-13,400
| -19% | -$117K |
|
8458
Barrett Business Services
BBSI
$781M
| $462K | ﹤0.01% |
21,172
-17,876
| -46% | -$383K |
|
8459
E.W. Scripps
SSP
$320M
| $461K | ﹤0.01% |
50,413
+15,023
| +42% | +$127K |
|
8460
Invesco Agriculture Commodity Strategy No K-1 ETF
PDBA
$310M
| $461K | ﹤0.01% |
+14,873
| New | +$457K |
|
8461
Erasca
ERAS
$6.43B
| $461K | ﹤0.01% |
166,994
-196,376
| -54% | -$559K |
|
8462
PUT
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $461K | ﹤0.01% |
9,200
-18,600
| -67% | -$934K |
|
8463
EyePoint Inc
EYPT
$1.27B
| $461K | ﹤0.01% |
52,952
+41,836
| +376% | +$255K |
|
8464
United States Brent Oil Fund
BNO
$785M
| $461K | ﹤0.01% |
18,083
-21,782
| -55% | -$569K |
|
|
CVAC
8465
CALL
DELISTED
CureVac
CVAC
| $461K | ﹤0.01% |
44,200
-26,500
| -37% | -$237K |
|
|
ESPR
8466
CALL
DELISTED
Esperion Therapeutics
ESPR
| $461K | ﹤0.01% |
331,300
-9,600
| -3% | -$13.4K |
|
|
LOUP
8467
Innovator Deepwater Frontier Tech ETF
LOUP
$226M
| $460K | ﹤0.01% |
11,649
-194
| -2% | -$6.96K |
|
8468
Preferred Bank
PFBC
$1.28B
| $460K | ﹤0.01% |
8,372
-4,731
| -36% | -$238K |
|
8469
ESAB
ESAB
$5.27B
| $460K | ﹤0.01% |
+6,917
| New | +$419K |
|
|
GTY
8470
Getty Realty Corp
GTY
$2.05B
| $459K | ﹤0.01% |
13,576
-16,126
| -54% | -$548K |
|
|
ODP
8471
PUT
DELISTED
ODP
ODP
| $459K | ﹤0.01% |
9,800
-400
| -4% | -$17.2K |
|
8472
PUT
Turning Point Brands
TPB
$1.75B
| $459K | ﹤0.01% |
19,100
+2,700
| +16% | +$60.7K |
|
8473
CALL
Fennec Pharmaceuticals
FENC
$411M
| $458K | ﹤0.01% |
51,900
-10,900
| -17% | -$90.6K |
|
8474
PUT
Archer Aviation
ACHR
$5.1B
| $458K | ﹤0.01% |
111,200
+98,400
| +769% | +$278K |
|
|
GES
8475
DELISTED
Guess Inc
GES
| $458K | ﹤0.01% |
23,552
-2,978
| -11% | -$57.3K |
|
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.