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 | |
|---|---|---|---|---|---|---|
10476
PUT
iHeartMedia
IHRT
$457M
| $157K | ﹤0.01% |
43,200
-17,100
| -28% | -$56.8K |
|
10477
Carter Bankshares
CARE
$757M
| $157K | ﹤0.01% |
10,624
-5,236
| -33% | -$74K |
|
10478
PUT
Arlo Technologies
ARLO
$1.54B
| $157K | ﹤0.01% |
14,400
+1,700
| +13% | +$13.8K |
|
10479
PUT
NN Inc
NNBR
$322M
| $157K | ﹤0.01% |
+65,700
| New | +$99.5K |
|
10480
CALL
Enlivex Ltd
ENLV
$26.6M
| $157K | ﹤0.01% |
3,980
-3,480
| -47% | -$145K |
|
10481
CALL
ALX Oncology
ALXO
$271M
| $157K | ﹤0.01% |
20,900
+10,500
| +101% | +$68.7K |
|
|
PCN
10482
PIMCO Corporate & Income Strategy Fund
PCN
$879M
| $157K | ﹤0.01% |
+11,970
| New | +$153K |
|
|
PCM
10483
PCM Fund
PCM
$69.3M
| $157K | ﹤0.01% |
16,287
-3,886
| -19% | -$36.2K |
|
|
FSCO
10484
FS Credit Opportunities Corp
FSCO
$1.03B
| $157K | ﹤0.01% |
33,013
+3,414
| +12% | +$15.1K |
|
10485
Tiptree Inc
TIPT
$672M
| $157K | ﹤0.01% |
10,435
-30,081
| -74% | -$419K |
|
10486
Ooma
OOMA
$572M
| $157K | ﹤0.01% |
10,455
-56
| -0.5% | -$737 |
|
10487
PUT
KRONOS Worldwide
KRO
$975M
| $156K | ﹤0.01% |
17,900
-6,700
| -27% | -$59.1K |
|
|
VCSA
10488
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $156K | ﹤0.01% |
11,514
+8,275
| +255% | +$124K |
|
10489
CALL
Fulton Financial
FULT
$4.72B
| $156K | ﹤0.01% |
13,100
-900
| -6% | -$10.9K |
|
10490
Rimini Street
RMNI
$466M
| $156K | ﹤0.01% |
32,536
-16,506
| -34% | -$68.4K |
|
|
10491
CALL
KRONOS Worldwide
KRO
$975M
| $155K | ﹤0.01% |
17,800
-13,000
| -42% | -$115K |
|
10492
CytomX Therapeutics
CTMX
$732M
| $155K | ﹤0.01% |
90,242
-257,544
| -74% | -$428K |
|
10493
Humacyte
HUMA
$163M
| $155K | ﹤0.01% |
54,268
+22,901
| +73% | +$82.6K |
|
|
RENT
10494
CALL
Rent the Runway
RENT
$119M
| $155K | ﹤0.01% |
3,915
-6,535
| -63% | -$322K |
|
|
CCV
10495
DELISTED
Churchill Capital Corp V
CCV
| $155K | ﹤0.01% |
+15,224
| New | +$154K |
|
10496
PUT
Immatics
IMTX
$1.29B
| $155K | ﹤0.01% |
+13,400
| New | +$125K |
|
|
BNBX
10497
DELISTED
BNB PLUS CORP
BNBX
| $155K | ﹤0.01% |
8
-1
| -11% | -$17.4K |
|
|
PFN
10498
PIMCO Income Strategy Fund II
PFN
$698M
| $154K | ﹤0.01% |
21,427
-12,773
| -37% | -$90.3K |
|
10499
Latham Group
SWIM
$861M
| $154K | ﹤0.01% |
41,596
-26,404
| -39% | -$80.7K |
|
|
GMDA
10500
PUT
DELISTED
Gamida Cell Ltd. Ordinary Shares
GMDA
| $154K | ﹤0.01% |
79,900
+42,900
| +116% | +$73.8K |
|
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.