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 | |
|---|---|---|---|---|---|---|
8701
CALL
Bioventus
BVS
$1.2B
| $415K | ﹤0.01% |
+143,500
| New | +$275K |
|
8702
Manitowoc
MTW
$746M
| $415K | ﹤0.01% |
22,024
-47,925
| -69% | -$773K |
|
|
TWO
8703
Two Harbors Investment
TWO
$1.27B
| $414K | ﹤0.01% |
29,830
-15,624
| -34% | -$206K |
|
|
CCV
8704
PUT
DELISTED
Churchill Capital Corp V
CCV
| $414K | ﹤0.01% |
+40,700
| New | +$411K |
|
8705
PUT
Sensata Technologies
ST
$6.73B
| $414K | ﹤0.01% |
+9,200
| New | +$404K |
|
8706
First Trust RBA American Industrial Renaissance ETF
AIRR
$10.9B
| $414K | ﹤0.01% |
7,656
-45,852
| -86% | -$2.22M |
|
|
HUYA
8707
CALL
Huya Inc
HUYA
$529M
| $414K | ﹤0.01% |
115,600
-6,300
| -5% | -$20.7K |
|
8708
PUT
Insmed
INSM
$27B
| $414K | ﹤0.01% |
+19,600
| New | +$372K |
|
8709
CALL
Credicorp
BAP
$30.7B
| $413K | ﹤0.01% |
2,800
-4,000
| -59% | -$549K |
|
8710
CALL
Zymeworks
ZYME
$1.78B
| $413K | ﹤0.01% |
47,800
-77,100
| -62% | -$690K |
|
8711
Prudential
PUK
$34.7B
| $412K | ﹤0.01% |
14,563
+3,272
| +29% | +$93.7K |
|
8712
PUT
Schwab US REIT ETF
SCHH
$11.4B
| $412K | ﹤0.01% |
21,100
+1,800
| +9% | +$34.5K |
|
8713
Bakkt Inc
BKKT
$345M
| $412K | ﹤0.01% |
13,400
-9,084
| -40% | -$318K |
|
|
HTBK
8714
DELISTED
Heritage Commerce
HTBK
| $412K | ﹤0.01% |
49,763
-16,699
| -25% | -$132K |
|
8715
CALL
iShares US Pharmaceuticals ETF
IHE
$1.64B
| $412K | ﹤0.01% |
6,900
-300
| -4% | -$17.8K |
|
8716
Invesco Next Gen Media and Gaming ETF
GGME
$47.2M
| $412K | ﹤0.01% |
+11,911
| New | +$404K |
|
8717
CALL
Tronox
TROX
$952M
| $412K | ﹤0.01% |
32,400
-167,600
| -84% | -$2.11M |
|
8718
PUT
Compass
COMP
$9.99B
| $412K | ﹤0.01% |
117,600
+7,000
| +6% | +$23K |
|
8719
CALL
Park Hotels & Resorts
PK
$3.05B
| $412K | ﹤0.01% |
32,100
+19,800
| +161% | +$253K |
|
8720
Veeco
VECO
$3.2B
| $412K | ﹤0.01% |
16,025
-17,215
| -52% | -$378K |
|
|
DEIF
8721
DELISTED
Sterling Capital Diverse Multi-Manager Active ETF
DEIF
| $412K | ﹤0.01% |
16,816
+1,748
| +12% | +$40.8K |
|
8722
CALL
MBIA
MBI
$264M
| $411K | ﹤0.01% |
47,600
-23,400
| -33% | -$211K |
|
8723
PUT
Frontier Group Holdings
ULCC
$1.54B
| $411K | ﹤0.01% |
42,500
-11,500
| -21% | -$103K |
|
|
CRF
8724
Cornerstone Total Return Fund
CRF
$1.14B
| $411K | ﹤0.01% |
52,388
+37,151
| +244% | +$275K |
|
8725
CALL
iShares US Financial Services ETF
IYG
$2.23B
| $411K | ﹤0.01% |
7,800
+1,500
| +24% | +$76K |
|
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.