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 | |
|---|---|---|---|---|---|---|
8576
FB Financial Corp
FBK
$3.09B
| $436K | ﹤0.01% |
15,554
-6,538
| -30% | -$186K |
|
8577
PUT
Ingevity
NGVT
$2.64B
| $436K | ﹤0.01% |
+7,500
| New | +$450K |
|
8578
CALL
Lipocine
LPCN
$17.4M
| $436K | ﹤0.01% |
87,200
+81,976
| +1,569% | +$386K |
|
8579
ReNew
RNW
$2.48B
| $436K | ﹤0.01% |
79,562
-307,286
| -79% | -$1.68M |
|
8580
ProShares MSCI Transformational Changes ETF
ANEW
$8.04M
| $436K | ﹤0.01% |
11,864
+147
| +1% | +$5.16K |
|
8581
CALL
Cedar Fair
FUN
$1.68B
| $436K | ﹤0.01% |
10,900
-29,700
| -73% | -$1.27M |
|
|
CGC
8582
CALL
Canopy Growth
CGC
$431M
| $435K | ﹤0.01% |
111,580
-11,920
| -10% | -$125K |
|
8583
Inseego
INSG
$77M
| $435K | ﹤0.01% |
67,573
+61,840
| +1,079% | +$494K |
|
8584
Winmark
WINA
$1.26B
| $435K | ﹤0.01% |
1,307
+42
| +3% | +$14.2K |
|
|
JHAA
8585
DELISTED
Nuveen Corporate Income 2023 Target Term Fund
JHAA
| $434K | ﹤0.01% |
46,469
+3,391
| +8% | +$31.5K |
|
|
VLD
8586
CALL
DELISTED
Velo3D, Inc.
VLD
| $434K | ﹤0.01% |
5,746
+606
| +12% | +$42.3K |
|
8587
CALL
Arvinas
ARVN
$587M
| $434K | ﹤0.01% |
17,500
-800
| -4% | -$20.6K |
|
8588
ALPS Medical Breakthroughs ETF
SBIO
$215M
| $434K | ﹤0.01% |
13,763
-7,097
| -34% | -$220K |
|
8589
CEL-SCI Corp
CVM
$26.9M
| $434K | ﹤0.01% |
6,003
-962
| -14% | -$70K |
|
8590
CALL
Andersons Inc
ANDE
$2.24B
| $434K | ﹤0.01% |
9,400
+4,300
| +84% | +$180K |
|
8591
CALL
Federated Hermes
FHI
$4.79B
| $434K | ﹤0.01% |
+12,100
| New | +$468K |
|
|
VTYX
8592
DELISTED
Ventyx Biosciences
VTYX
| $434K | ﹤0.01% |
13,219
+2,788
| +27% | +$96.1K |
|
8593
CALL
Genesis Energy
GEL
$1.93B
| $434K | ﹤0.01% |
45,400
-109,400
| -71% | -$1.13M |
|
8594
PUT
Metallus
MTUS
$904M
| $434K | ﹤0.01% |
20,100
+800
| +4% | +$14.5K |
|
8595
Pacer Trendpilot Fund of Funds ETF
TRND
$64.3M
| $434K | ﹤0.01% |
14,904
-1,079
| -7% | -$30.2K |
|
|
CMLS
8596
PUT
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $433K | ﹤0.01% |
+105,700
| New | +$355K |
|
8597
CALL
iShares US Telecommunications ETF
IYZ
$1.23B
| $433K | ﹤0.01% |
19,600
-4,300
| -18% | -$94K |
|
|
PCGU
8598
DELISTED
PG&E Corporation
PCGU
| $433K | ﹤0.01% |
+2,896
| New | +$427K |
|
8599
CALL
Supernus Pharmaceuticals
SUPN
$2.81B
| $433K | ﹤0.01% |
14,400
-4,100
| -22% | -$143K |
|
8600
Pacer Trendpilot US Bond ETF
PTBD
$86.2M
| $433K | ﹤0.01% |
+21,652
| New | +$434K |
|
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.