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 | |
|---|---|---|---|---|---|---|
|
HEPA
10501
DELISTED
Hepion Pharmaceuticals
HEPA
| $154K | ﹤0.01% |
293
+138
| +89% | +$84.7K |
|
10502
Aquestive Therapeutics
AQST
$533M
| $154K | ﹤0.01% |
93,199
-23,073
| -20% | -$41.7K |
|
10503
PUT
Sasol
SSL
$7.39B
| $154K | ﹤0.01% |
12,400
-7,000
| -36% | -$90.2K |
|
|
FFNW
10504
DELISTED
First Financial Northwest, Inc
FFNW
| $153K | ﹤0.01% |
13,498
-4,849
| -26% | -$53.4K |
|
10505
Antero Midstream
AM
$10.7B
| $153K | ﹤0.01% |
13,166
-12,040
| -48% | -$128K |
|
|
NGM
10506
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $152K | ﹤0.01% |
58,841
-7,582
| -11% | -$27K |
|
|
SBDS
10507
PUT
DELISTED
Solo Brands Inc
SBDS
| $152K | ﹤0.01% |
673
+250
| +59% | +$62.1K |
|
10508
PUT
Gevo
GEVO
$418M
| $152K | ﹤0.01% |
100,100
+18,200
| +22% | +$23.5K |
|
10509
CALL
McEwen Inc
MUX
$1.15B
| $152K | ﹤0.01% |
21,100
-180,100
| -90% | -$1.45M |
|
10510
PUT
Archrock
AROC
$6.08B
| $152K | ﹤0.01% |
14,800
-3,000
| -17% | -$29.6K |
|
10511
CALL
Celularity
CELU
$20.1M
| $152K | ﹤0.01% |
28,590
| – | – |
|
10512
PUT
Fate Therapeutics
FATE
$300M
| $151K | ﹤0.01% |
31,800
+21,500
| +209% | +$119K |
|
10513
CALL
Summit Therapeutics
SMMT
$10.6B
| $151K | ﹤0.01% |
60,300
-101,700
| -63% | -$186K |
|
10514
Anixa Biosciences
ANIX
$108M
| $151K | ﹤0.01% |
47,258
-108,526
| -70% | -$418K |
|
|
FNUC
10515
Frontier Nuclear and Minerals Inc
FNUC
$47.9M
| $151K | ﹤0.01% |
5,057
+4,027
| +391% | +$127K |
|
|
DSM
10516
BNY Mellon Strategic Municipal Bond Fund
DSM
$290M
| $151K | ﹤0.01% |
+26,477
| New | +$151K |
|
10517
Relmada Therapeutics
RLMD
$512M
| $151K | ﹤0.01% |
61,302
-16,812
| -22% | -$46.5K |
|
10518
PUT
Gray Television
GTN
$538M
| $151K | ﹤0.01% |
+19,100
| New | +$147K |
|
10519
ProShares UltraShort Consumer Staples
SZK
$8.86M
| $150K | ﹤0.01% |
+5,214
| New | +$149K |
|
10520
PUT
OmniAb
OABI
$491M
| $150K | ﹤0.01% |
+29,900
| New | +$121K |
|
|
ACRE
10521
Ares Commercial Real Estate
ACRE
$262M
| $150K | ﹤0.01% |
14,804
-43,050
| -74% | -$393K |
|
|
VLD
10522
PUT
DELISTED
Velo3D, Inc.
VLD
| $150K | ﹤0.01% |
1,986
-694
| -26% | -$48.4K |
|
10523
Inspired Entertainment
INSE
$164M
| $150K | ﹤0.01% |
10,203
-9,423
| -48% | -$128K |
|
10524
Kayne Anderson Energy Infrastructure Fund
KYN
$2.51B
| $150K | ﹤0.01% |
18,426
-37,281
| -67% | -$307K |
|
10525
PUT
Geospace Technologies
GEOS
$72.4M
| $150K | ﹤0.01% |
+19,300
| New | +$153K |
|
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.