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 | |
|---|---|---|---|---|---|---|
8901
CALL
CION Investment
CION
$370M
| $380K | ﹤0.01% |
36,600
+23,400
| +177% | +$231K |
|
8902
Centrus Energy
LEU
$3.79B
| $380K | ﹤0.01% |
11,665
-4,112
| -26% | -$127K |
|
8903
PUT
CGI
GIB
$15.2B
| $380K | ﹤0.01% |
+3,600
| New | +$367K |
|
8904
PUT
Kymera Therapeutics
KYMR
$9.76B
| $379K | ﹤0.01% |
16,500
-2,300
| -12% | -$65.9K |
|
8905
CALL
Aurora
AUR
$13.7B
| $379K | ﹤0.01% |
129,000
+31,600
| +32% | +$52.9K |
|
|
EB
8906
CALL
DELISTED
Eventbrite
EB
| $379K | ﹤0.01% |
39,700
-23,500
| -37% | -$185K |
|
8907
CALL
Rogers Communications
RCI
$19.7B
| $379K | ﹤0.01% |
8,300
+600
| +8% | +$28.1K |
|
8908
Apogee Enterprises
APOG
$889M
| $379K | ﹤0.01% |
7,976
-12,363
| -61% | -$516K |
|
8909
Ares Capital
ARCC
$14.3B
| $379K | ﹤0.01% |
+20,144
| New | +$372K |
|
8910
PUT
Dorman Products
DORM
$4.05B
| $378K | ﹤0.01% |
+4,800
| New | +$404K |
|
|
RUFF
8911
DELISTED
Alpha Dog ETF
RUFF
| $378K | ﹤0.01% |
18,742
+3,564
| +23% | +$66.7K |
|
|
AVNS
8912
DELISTED
Avanos Medical
AVNS
| $378K | ﹤0.01% |
14,794
-13,831
| -48% | -$364K |
|
|
FRGI
8913
CALL
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $378K | ﹤0.01% |
47,600
-11,300
| -19% | -$89.5K |
|
|
UBA
8914
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $378K | ﹤0.01% |
17,766
+3,396
| +24% | +$63.4K |
|
|
UNIT
8915
CALL
Uniti Group
UNIT
$2.43B
| $377K | ﹤0.01% |
81,700
-54,400
| -40% | -$205K |
|
8916
WisdomTree Mortgage Plus Bond Fund
MTGP
$74.3M
| $377K | ﹤0.01% |
8,699
-3,818
| -31% | -$168K |
|
8917
Blend Labs
BLND
$352M
| $377K | ﹤0.01% |
398,453
+252,529
| +173% | +$224K |
|
|
CBL
8918
CBL Properties
CBL
$1.8B
| $377K | ﹤0.01% |
17,114
+5,427
| +46% | +$127K |
|
8919
VanEck Inflation Allocation ETF
RAAX
$1.22B
| $377K | ﹤0.01% |
+15,092
| New | +$378K |
|
8920
PUT
Tidewater
TDW
$4.69B
| $377K | ﹤0.01% |
6,800
-39,700
| -85% | -$1.82M |
|
8921
PUT
Park Hotels & Resorts
PK
$3.05B
| $377K | ﹤0.01% |
29,400
-50,900
| -63% | -$650K |
|
8922
PUT
State Street Blackstone Senior Loan ETF
SRLN
$5.37B
| $377K | ﹤0.01% |
9,000
-90,200
| -91% | -$3.73M |
|
8923
ProShares Supply Chain Logistics ETF
SUPL
$2.39M
| $376K | ﹤0.01% |
9,626
+251
| +3% | +$9.57K |
|
|
ESMT
8924
PUT
DELISTED
EngageSmart, Inc.
ESMT
| $376K | ﹤0.01% |
19,700
+1,800
| +10% | +$32K |
|
8925
PUT
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $376K | ﹤0.01% |
8,700
+800
| +10% | +$33K |
|
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.