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 | 1.06% |
| 5 | Healthcare | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
PUT
Ferrari
RACE
$71.5B
| $48.2M | 0.01% |
148,300
-10,100
| -6% | -$2.94M |
|
1027
CALL
TransDigm Group
TDG
$67.6B
| $48.2M | 0.01% |
53,900
-4,100
| -7% | -$3.24M |
|
1028
CALL
Danaos Corp
DAC
$2.52B
| $48.1M | 0.01% |
720,800
-116,300
| -14% | -$7.02M |
|
1029
Altria Group
MO
$109B
| $48.1M | 0.01% |
1,061,770
+116,735
| +12% | +$5.29M |
|
1030
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $48.1M | 0.01% |
738,400
+215,100
| +41% | +$13.1M |
|
1031
CALL
Cboe Global Markets
CBOE
$29.8B
| $47.9M | 0.01% |
347,300
-17,100
| -5% | -$2.33M |
|
1032
Medtronic
MDT
$114B
| $47.9M | 0.01% |
543,978
-358,576
| -40% | -$30.9M |
|
1033
CALL
Five Below
FIVE
$13B
| $47.9M | 0.01% |
243,700
+52,900
| +28% | +$10.3M |
|
1034
Danaher
DHR
$147B
| $47.7M | 0.01% |
224,167
-171,747
| -43% | -$36.4M |
|
1035
CALL
NRG Energy
NRG
$25B
| $47.7M | 0.01% |
1,275,400
+672,900
| +112% | +$22.9M |
|
1036
CALL
W.W. Grainger
GWW
$61.1B
| $47.6M | 0.01% |
60,300
+23,000
| +62% | +$15.8M |
|
1037
CALL
Yum! Brands
YUM
$39.7B
| $47.6M | 0.01% |
343,200
-33,800
| -9% | -$4.58M |
|
1038
Emcor
EME
$35.7B
| $47.5M | 0.01% |
257,140
+236,905
| +1,171% | +$39.6M |
|
1039
Advance Auto Parts
AAP
$3.36B
| $47.5M | 0.01% |
675,787
+417,157
| +161% | +$42.9M |
|
1040
CALL
Carvana
CVNA
$81.5B
| $47.5M | 0.01% |
9,162,000
+1,222,500
| +15% | +$3.39M |
|
1041
CALL
Halliburton
HAL
$28B
| $47.3M | 0.01% |
1,433,000
+332,300
| +30% | +$10.5M |
|
1042
Sempra
SRE
$55.1B
| $47M | 0.01% |
645,492
+189,958
| +42% | +$14.3M |
|
1043
CALL
PBF Energy
PBF
$7.86B
| $46.9M | 0.01% |
1,145,600
+411,000
| +56% | +$15.6M |
|
1044
CALL
Novartis
NVS
$298B
| $46.9M | 0.01% |
464,700
+30,700
| +7% | +$3.07M |
|
1045
CALL
MSCI
MSCI
$40.9B
| $46.7M | 0.01% |
99,500
+55,700
| +127% | +$27.2M |
|
1046
CALL
Steel Dynamics
STLD
$38.5B
| $46.7M | 0.01% |
428,500
-87,900
| -17% | -$8.94M |
|
1047
CALL
Parker-Hannifin
PH
$134B
| $46.6M | 0.01% |
119,500
+38,600
| +48% | +$13.1M |
|
1048
Blackrock
BLK
$175B
| $46.6M | 0.01% |
67,427
-22,549
| -25% | -$15.1M |
|
1049
CALL
Williams-Sonoma
WSM
$29.5B
| $46.6M | 0.01% |
744,600
+181,200
| +32% | +$10.8M |
|
1050
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.71B
| $46.5M | 0.01% |
1,122,800
+177,600
| +19% | +$7.06M |
|
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.