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 | |
|---|---|---|---|---|---|---|
1076
PUT
Akamai
AKAM
$16.9B
| $44.6M | 0.01% |
495,800
+87,500
| +21% | +$7.5M |
|
1077
PUT
Colgate-Palmolive
CL
$74.3B
| $44.5M | 0.01% |
578,200
-1,125,500
| -66% | -$87.1M |
|
1078
PUT
Chubb
CB
$134B
| $44.5M | 0.01% |
231,200
+96,400
| +72% | +$18.9M |
|
1079
CALL
Tyson Foods
TSN
$20.1B
| $44.5M | 0.01% |
871,600
+100,600
| +13% | +$5.48M |
|
1080
PUT
Academy Sports + Outdoors
ASO
$3.09B
| $44.4M | 0.01% |
821,400
+306,800
| +60% | +$17.6M |
|
1081
PUT
McKesson
MCK
$103B
| $44.3M | 0.01% |
103,700
-93,500
| -47% | -$35.9M |
|
1082
CALL
Affirm
AFRM
$25.3B
| $44.1M | 0.01% |
2,878,900
-752,300
| -21% | -$9.98M |
|
|
WBA
1083
DELISTED
Walgreens Boots Alliance
WBA
| $44M | 0.01% |
1,544,704
+871,103
| +129% | +$28.4M |
|
1084
PUT
Riot Platforms
RIOT
$7.34B
| $43.9M | 0.01% |
3,717,000
+1,876,000
| +102% | +$21M |
|
1085
Veeva Systems
VEEV
$38.1B
| $43.9M | 0.01% |
221,885
+47,586
| +27% | +$8.68M |
|
|
HES
1086
DELISTED
Hess
HES
| $43.8M | 0.01% |
322,381
+102,293
| +46% | +$14M |
|
1087
Centene
CNC
$32.9B
| $43.8M | 0.01% |
649,531
-363,931
| -36% | -$24.3M |
|
1088
PUT
Cummins
CMI
$87.4B
| $43.7M | 0.01% |
178,200
+61,700
| +53% | +$14M |
|
1089
Monster Beverage
MNST
$89.6B
| $43.6M | 0.01% |
759,830
-71,683
| -9% | -$4.08M |
|
|
1090
CALL
Riot Platforms
RIOT
$7.34B
| $43.6M | 0.01% |
3,686,900
-995,600
| -21% | -$11.1M |
|
1091
PUT
MGM Resorts International
MGM
$10.9B
| $43.4M | 0.01% |
988,500
-896,600
| -48% | -$38.3M |
|
1092
Simon Property Group
SPG
$71.5B
| $43.2M | 0.01% |
374,336
-139,872
| -27% | -$15.2M |
|
1093
Unity
U
$19B
| $43.2M | 0.01% |
995,507
-471,406
| -32% | -$15.1M |
|
1094
Cadence Design Systems
CDNS
$91.4B
| $43.2M | 0.01% |
184,072
+18,057
| +11% | +$3.93M |
|
1095
CALL
Stanley Black & Decker
SWK
$15.5B
| $43.1M | 0.01% |
460,200
+188,100
| +69% | +$15.6M |
|
1096
American Express
AXP
$229B
| $43.1M | 0.01% |
247,507
-3,233,690
| -93% | -$522M |
|
1097
First Citizens BancShares
FCNCA
$25.4B
| $42.9M | 0.01% |
33,445
+8,879
| +36% | +$10.3M |
|
1098
CALL
Wingstop
WING
$3.2B
| $42.9M | 0.01% |
214,300
+55,800
| +35% | +$10.9M |
|
1099
CALL
Paychex
PAYX
$43.1B
| $42.8M | 0.01% |
382,800
-149,300
| -28% | -$16.3M |
|
1100
PUT
Ross Stores
ROST
$81.7B
| $42.8M | 0.01% |
381,800
-38,700
| -9% | -$4.07M |
|
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.