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 | |
|---|---|---|---|---|---|---|
8501
KraneShares MSCI All China Health Care Index ETF
KURE
$106M
| $452K | ﹤0.01% |
25,066
+11,794
| +89% | +$235K |
|
8502
ProShares Ultra NASDAQ Biotechnology
BIB
$86.6M
| $451K | ﹤0.01% |
8,672
-31,035
| -78% | -$1.71M |
|
8503
Offerpad Solutions
OPAD
$21.5M
| $451K | ﹤0.01% |
3,478
+3,209
| +1,193% | +$270K |
|
8504
Amplify Energy
AMPY
$198M
| $451K | ﹤0.01% |
66,570
-30,270
| -31% | -$211K |
|
8505
PUT
Bentley Systems
BSY
$10.9B
| $450K | ﹤0.01% |
8,300
-3,700
| -31% | -$173K |
|
8506
CALL
First Internet Bancorp
INBK
$254M
| $450K | ﹤0.01% |
+30,300
| New | +$421K |
|
|
USX
8507
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $450K | ﹤0.01% |
73,279
-172,719
| -70% | -$1.05M |
|
8508
Algoma Steel
ASTL
$452M
| $450K | ﹤0.01% |
63,342
-242,403
| -79% | -$1.8M |
|
|
AHRT
8509
CALL
AH Realty Trust
AHRT
$506M
| $450K | ﹤0.01% |
38,500
+20,300
| +112% | +$237K |
|
8510
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$602M
| $450K | ﹤0.01% |
+13,371
| New | +$390K |
|
8511
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$747M
| $448K | ﹤0.01% |
14,724
+467
| +3% | +$14.1K |
|
8512
Sixth Street Specialty
TSLX
$1.78B
| $448K | ﹤0.01% |
23,994
+13,481
| +128% | +$246K |
|
8513
PUT
Sotera Health
SHC
$5.39B
| $448K | ﹤0.01% |
23,800
-67,200
| -74% | -$1.07M |
|
8514
CALL
SiTime
SITM
$21.4B
| $448K | ﹤0.01% |
3,800
-3,100
| -45% | -$338K |
|
|
CPI
8515
DELISTED
CPI Inflation Hedged ETF
CPI
| $448K | ﹤0.01% |
17,679
-1,670
| -9% | -$42K |
|
8516
Photronics
PLAB
$1.96B
| $448K | ﹤0.01% |
17,366
-77,697
| -82% | -$1.44M |
|
8517
CALL
Warby Parker
WRBY
$3.2B
| $448K | ﹤0.01% |
38,300
+27,200
| +245% | +$310K |
|
8518
PUT
AppFolio
APPF
$7.23B
| $448K | ﹤0.01% |
2,600
+100
| +4% | +$14.6K |
|
8519
Southside Bancshares
SBSI
$986M
| $447K | ﹤0.01% |
17,105
-22,241
| -57% | -$647K |
|
8520
Invesco Food & Beverage ETF
PBJ
$109M
| $447K | ﹤0.01% |
9,843
+284
| +3% | +$13.2K |
|
8521
Amplify AI Powered Equity ETF
AIEQ
$125M
| $447K | ﹤0.01% |
+14,190
| New | +$413K |
|
8522
Corvus Pharmaceuticals
CRVS
$1.25B
| $447K | ﹤0.01% |
195,252
+184,809
| +1,770% | +$384K |
|
|
LL
8523
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $447K | ﹤0.01% |
116,700
-49,600
| -30% | -$192K |
|
8524
CALL
Envista
NVST
$4.51B
| $447K | ﹤0.01% |
13,200
-207,100
| -94% | -$7.31M |
|
8525
CALL
Telus
TU
$15.4B
| $446K | ﹤0.01% |
22,900
+2,000
| +10% | +$40.3K |
|
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.