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 | |
|---|---|---|---|---|---|---|
9001
A10 Networks
ATEN
$1.99B
| $363K | ﹤0.01% |
24,867
-31,459
| -56% | -$455K |
|
|
VRE
9002
CALL
DELISTED
Veris Residential
VRE
| $363K | ﹤0.01% |
22,600
-50,100
| -69% | -$810K |
|
|
IRAA
9003
DELISTED
Iris Acquisition Corp Class A Common Stock
IRAA
| $363K | ﹤0.01% |
34,544
-1,722
| -5% | -$17.6K |
|
|
TSVT
9004
CALL
DELISTED
2seventy bio
TSVT
| $362K | ﹤0.01% |
+35,800
| New | +$379K |
|
9005
CALL
Sinclair Inc
SBGI
$1.07B
| $362K | ﹤0.01% |
26,200
-10,500
| -29% | -$173K |
|
|
HYFT
9006
CALL
MindWalk Holdings
HYFT
$66.3M
| $362K | ﹤0.01% |
122,300
-8,600
| -7% | -$25K |
|
9007
PUT
iShares Core S&P Total US Stock Market ETF
ITOT
$98.3B
| $362K | ﹤0.01% |
3,700
-15,400
| -81% | -$1.42M |
|
9008
PUT
SouthState Bank Corp
SSB
$10.8B
| $362K | ﹤0.01% |
5,500
+2,300
| +72% | +$154K |
|
|
CPRX
9009
PUT
DELISTED
Catalyst Pharmaceutical
CPRX
| $362K | ﹤0.01% |
26,900
+11,900
| +79% | +$171K |
|
9010
Voya Financial
VOYA
$9.2B
| $361K | ﹤0.01% |
5,036
-150,403
| -97% | -$10.8M |
|
9011
PUT
Tucows
TCX
$126M
| $361K | ﹤0.01% |
+13,000
| New | +$335K |
|
|
FOCL
9012
CALL
EDAP TMS S.A.
FOCL
$178M
| $361K | ﹤0.01% |
39,100
-28,800
| -42% | -$295K |
|
9013
Grand Canyon Education
LOPE
$3.76B
| $360K | ﹤0.01% |
+3,492
| New | +$384K |
|
9014
CALL
Garrett Motion
GTX
$5.41B
| $360K | ﹤0.01% |
47,600
-44,000
| -48% | -$353K |
|
9015
PUT
Tetra Tech
TTEK
$9.35B
| $360K | ﹤0.01% |
11,000
-20,500
| -65% | -$603K |
|
9016
Bristow Group
VTOL
$1.38B
| $359K | ﹤0.01% |
12,512
-8,955
| -42% | -$214K |
|
9017
CALL
Outdoor Holding Co
POWW
$260M
| $359K | ﹤0.01% |
168,600
-234,200
| -58% | -$458K |
|
9018
CALL
Quad
QUAD
$513M
| $359K | ﹤0.01% |
95,500
-29,300
| -23% | -$106K |
|
9019
PUT
PRA Group
PRAA
$776M
| $359K | ﹤0.01% |
+15,700
| New | +$435K |
|
|
VZIO
9020
DELISTED
VIZIO Holding Corp.
VZIO
| $359K | ﹤0.01% |
53,118
+18,086
| +52% | +$140K |
|
9021
iShares MSCI Japan Small-Cap ETF
SCJ
$265M
| $358K | ﹤0.01% |
5,242
+2,164
| +70% | +$149K |
|
9022
Innovator US Small Cap Power Buffer ETF January
KJAN
$329M
| $358K | ﹤0.01% |
11,204
-2,957
| -21% | -$91.2K |
|
9023
Curtiss-Wright
CW
$25.8B
| $358K | ﹤0.01% |
1,950
-9,408
| -83% | -$1.6M |
|
9024
Unlimited HFND Multi-Strategy Return Tracker ETF
HFND
$37.6M
| $358K | ﹤0.01% |
17,364
-6,015
| -26% | -$122K |
|
9025
AllianzIM U.S. Equity Buffer20 Dec ETF
DECW
$230M
| $358K | ﹤0.01% |
+13,327
| New | +$346K |
|
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.