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 | |
|---|---|---|---|---|---|---|
10226
CALL
Comstock
LODE
$263M
| $199K | ﹤0.01% |
27,270
+25,030
| +1,117% | +$155K |
|
|
ACB
10227
PUT
Aurora Cannabis
ACB
$233M
| $199K | ﹤0.01% |
37,560
+4,270
| +13% | +$25.2K |
|
10228
Amtech Systems
ASYS
$281M
| $199K | ﹤0.01% |
20,806
-16,133
| -44% | -$147K |
|
10229
CALL
Cricut
CRCT
$1.21B
| $199K | ﹤0.01% |
16,300
-9,700
| -37% | -$106K |
|
|
TEAD
10230
CALL
Teads Holding Co
TEAD
$66.8M
| $198K | ﹤0.01% |
+40,300
| New | +$177K |
|
|
NVNO
10231
enVVeno Medical
NVNO
$7.5M
| $198K | ﹤0.01% |
1,836
+602
| +49% | +$78.2K |
|
|
SWI
10232
DELISTED
SolarWinds Corporation Common Stock
SWI
| $198K | ﹤0.01% |
19,277
-52,546
| -73% | -$479K |
|
10233
Kearny Financial
KRNY
$605M
| $198K | ﹤0.01% |
28,041
-23,545
| -46% | -$175K |
|
|
USAP
10234
CALL
DELISTED
Universal Stainless & Alloy
USAP
| $198K | ﹤0.01% |
+14,100
| New | +$150K |
|
10235
MaxCyte
MXCT
$136M
| $197K | ﹤0.01% |
43,015
-84,115
| -66% | -$387K |
|
10236
Global X Renewable Energy Producers ETF
RNRG
$26.1M
| $197K | ﹤0.01% |
5,481
-2,170
| -28% | -$79.1K |
|
|
DENN
10237
PUT
DELISTED
Denny's
DENN
| $197K | ﹤0.01% |
16,000
-79,500
| -83% | -$903K |
|
|
UBX
10238
CALL
DELISTED
Unity Biotechnology
UBX
| $197K | ﹤0.01% |
+77,300
| New | +$204K |
|
|
TBHC
10239
DELISTED
The Brand House Collective
TBHC
| $197K | ﹤0.01% |
+70,587
| New | +$204K |
|
|
LPRO
10240
CALL
DELISTED
Open Lending Corp
LPRO
| $197K | ﹤0.01% |
18,700
-108,600
| -85% | -$960K |
|
10241
PUT
Hudbay
HBM
$11.9B
| $196K | ﹤0.01% |
40,800
+28,400
| +229% | +$139K |
|
10242
CALL
CorMedix
CRMD
$588M
| $196K | ﹤0.01% |
49,300
-48,200
| -49% | -$238K |
|
10243
TH International
THCH
$50.9M
| $195K | ﹤0.01% |
13,604
+5,685
| +72% | +$102K |
|
10244
CALL
SGHC Ltd
SGHC
$6.76B
| $195K | ﹤0.01% |
67,200
+800
| +1% | +$2.83K |
|
|
STKL
10245
CALL
DELISTED
SunOpta
STKL
| $195K | ﹤0.01% |
29,100
+6,600
| +29% | +$49.7K |
|
10246
PUT
Bally's
BALY
$685M
| $195K | ﹤0.01% |
+12,500
| New | +$202K |
|
|
ONTF
10247
DELISTED
ON24
ONTF
| $194K | ﹤0.01% |
23,952
-3,477
| -13% | -$28.9K |
|
|
MMAT
10248
CALL
DELISTED
Meta Materials Inc. Common Stock
MMAT
| $194K | ﹤0.01% |
8,834
-6,986
| -44% | -$168K |
|
|
SVM
10249
PUT
Silvercorp Metals
SVM
$2.66B
| $194K | ﹤0.01% |
68,900
-6,600
| -9% | -$22.4K |
|
|
ZUO
10250
PUT
DELISTED
Zuora, Inc.
ZUO
| $194K | ﹤0.01% |
17,700
| – | – |
|
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.