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 | |
|---|---|---|---|---|---|---|
|
NEXN
9851
Nexxen International
NEXN
$583M
| $239K | ﹤0.01% |
33,223
+1,147
| +4% | +$7.04K |
|
9852
CALL
Motorcar Parts of America
MPAA
$236M
| $239K | ﹤0.01% |
+30,900
| New | +$176K |
|
9853
Columbia Diversified Fixed Income Allocation ETF
DIAL
$388M
| $239K | ﹤0.01% |
13,578
-13,330
| -50% | -$236K |
|
9854
CALL
The Ensign Group
ENSG
$10.6B
| $239K | ﹤0.01% |
2,500
-4,500
| -64% | -$424K |
|
9855
CEVA Inc
CEVA
$937M
| $239K | ﹤0.01% |
9,335
-12,754
| -58% | -$321K |
|
9856
PUT
International General Insurance
IGIC
$1.16B
| $238K | ﹤0.01% |
+26,700
| New | +$230K |
|
9857
US Global Investors
GROW
$39.4M
| $238K | ﹤0.01% |
77,913
-17,029
| -18% | -$47.3K |
|
9858
CALL
First Interstate BancSystem
FIBK
$3.73B
| $238K | ﹤0.01% |
10,000
+3,300
| +49% | +$83.2K |
|
9859
Taboola.com
TBLA
$1.09B
| $238K | ﹤0.01% |
+76,653
| New | +$210K |
|
9860
PUT
Lincoln Electric
LECO
$15.6B
| $238K | ﹤0.01% |
+1,200
| New | +$209K |
|
9861
Itaú Unibanco
ITUB
$81.6B
| $238K | ﹤0.01% |
45,747
-37,020
| -45% | -$175K |
|
9862
CALL
AdvisorShares MSOS 2X Daily ETF
MSOX
$58M
| $238K | ﹤0.01% |
+3,675
| New | +$243K |
|
|
PDX
9863
PIMCO Dynamic Income Strategy Fund
PDX
$979M
| $238K | ﹤0.01% |
+15,106
| New | +$224K |
|
9864
PUT
Haleon
HLN
$42.7B
| $238K | ﹤0.01% |
28,400
-9,300
| -25% | -$79.4K |
|
|
TRVG
9865
trivago
TRVG
$360M
| $238K | ﹤0.01% |
36,031
-9,254
| -20% | -$59.3K |
|
9866
PUT
Huron Consulting
HURN
$2.42B
| $238K | ﹤0.01% |
2,800
-9,400
| -77% | -$771K |
|
9867
CALL
Invesco Preferred ETF
PGX
$3.77B
| $238K | ﹤0.01% |
20,900
+10,200
| +95% | +$116K |
|
9868
CALL
ProShares UltraShort Gold
GLL
$104M
| $237K | ﹤0.01% |
2,050
-750
| -27% | -$80.9K |
|
|
NSLR
9869
Neostellar Capital Corp
NSLR
$278M
| $237K | ﹤0.01% |
74,292
-76,558
| -51% | -$265K |
|
|
SFBS
9870
PUT
ServisFirst Bancshares
SFBS
$4.99B
| $237K | ﹤0.01% |
+5,800
| New | +$268K |
|
9871
CALL
Manitowoc
MTW
$746M
| $237K | ﹤0.01% |
12,600
-131,200
| -91% | -$2.12M |
|
9872
PUT
Global X SuperDividend ETF
SDIV
$1.21B
| $237K | ﹤0.01% |
10,500
-14,800
| -58% | -$329K |
|
9873
CALL
Fortis
FTS
$29B
| $237K | ﹤0.01% |
5,500
-28,700
| -84% | -$1.25M |
|
9874
CALL
Kura Oncology
KURA
$966M
| $237K | ﹤0.01% |
22,400
+10,600
| +90% | +$125K |
|
9875
CALL
Aterian
ATER
$5.44M
| $237K | ﹤0.01% |
42,925
-27,917
| -39% | -$217K |
|
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.