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 | |
|---|---|---|---|---|---|---|
10001
PUT
BGC Group
BGC
$5.33B
| $223K | ﹤0.01% |
50,300
+16,200
| +48% | +$71.8K |
|
10002
Stellus Capital Investment Corp
SCM
$250M
| $223K | ﹤0.01% |
15,835
-587
| -4% | -$8.33K |
|
|
KESG
10003
DELISTED
KraneShares MSCI China ESG Leaders Index ETF
KESG
| $223K | ﹤0.01% |
12,175
| – | – |
|
10004
AC Immune
ACIU
$248M
| $223K | ﹤0.01% |
75,372
+62,972
| +508% | +$137K |
|
10005
PUT
LSB Industries
LXU
$737M
| $223K | ﹤0.01% |
22,600
-37,300
| -62% | -$357K |
|
10006
CALL
Citi Trends
CTRN
$616M
| $223K | ﹤0.01% |
12,600
-19,600
| -61% | -$338K |
|
|
ME
10007
CALL
DELISTED
23andMe Holding Co
ME
| $222K | ﹤0.01% |
6,355
-665
| -9% | -$26.5K |
|
|
SKYT
10008
PUT
DELISTED
SkyWater Technology
SKYT
| $222K | ﹤0.01% |
23,600
-8,400
| -26% | -$80.7K |
|
10009
PUT
1st Source
SRCE
$2.13B
| $222K | ﹤0.01% |
5,300
-3,300
| -38% | -$142K |
|
10010
CALL
NMI Holdings
NMIH
$3.44B
| $222K | ﹤0.01% |
8,600
-12,300
| -59% | -$298K |
|
10011
CALL
Conduent
CNDT
$236M
| $222K | ﹤0.01% |
65,300
-91,000
| -58% | -$298K |
|
10012
PUT
Black Diamond Therapeutics
BDTX
$116M
| $222K | ﹤0.01% |
+43,900
| New | +$89.7K |
|
10013
CALL
Outfront Media
OUT
$5.33B
| $222K | ﹤0.01% |
14,325
-20,523
| -59% | -$309K |
|
10014
PUT
Fennec Pharmaceuticals
FENC
$411M
| $222K | ﹤0.01% |
25,100
-8,500
| -25% | -$70.7K |
|
10015
Ubiquiti
UI
$34.7B
| $222K | ﹤0.01% |
+1,261
| New | +$254K |
|
|
AUGX
10016
DELISTED
Augmedix, Inc. Common Stock
AUGX
| $222K | ﹤0.01% |
+46,073
| New | +$159K |
|
10017
CALL
Excelerate Energy
EE
$1.15B
| $222K | ﹤0.01% |
10,900
-9,000
| -45% | -$188K |
|
10018
CALL
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.3M
| $222K | ﹤0.01% |
+3,200
| New | +$216K |
|
10019
PUT
CEL-SCI Corp
CVM
$26.9M
| $221K | ﹤0.01% |
3,063
-484
| -14% | -$35.2K |
|
|
PLYA
10020
CALL
DELISTED
Playa Hotels & Resorts
PLYA
| $221K | ﹤0.01% |
27,200
+2,100
| +8% | +$19.1K |
|
10021
CALL
Global X SuperDividend ETF
SDIV
$1.21B
| $221K | ﹤0.01% |
+9,800
| New | +$218K |
|
10022
Nektar Therapeutics
NKTR
$2.49B
| $221K | ﹤0.01% |
25,637
+14,496
| +130% | +$155K |
|
|
SLGC
10023
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $221K | ﹤0.01% |
95,727
-34,672
| -27% | -$97.9K |
|
10024
ALX Oncology
ALXO
$271M
| $221K | ﹤0.01% |
29,409
+17,054
| +138% | +$112K |
|
10025
PUT
Cricut
CRCT
$1.21B
| $221K | ﹤0.01% |
+18,100
| New | +$198K |
|
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.