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 | |
|---|---|---|---|---|---|---|
|
PGRE
11051
CALL
DELISTED
Paramount Group
PGRE
| $80.6K | ﹤0.01% |
18,200
-133,100
| -88% | -$592K |
|
11052
PUT
8x8 Inc
EGHT
$298M
| $80.4K | ﹤0.01% |
19,000
-44,300
| -70% | -$160K |
|
|
PRPH
11053
DELISTED
ProPhase Labs
PRPH
| $80K | ﹤0.01% |
1,101
-2,726
| -71% | -$222K |
|
11054
Holley
HLLY
$373M
| $79.9K | ﹤0.01% |
19,535
-2,422
| -11% | -$7.22K |
|
|
ILLM
11055
DELISTED
illumin Holdings Inc. Common Shares
ILLM
| $79.6K | ﹤0.01% |
+47,109
| New | +$75.5K |
|
11056
CALL
Genasys
GNSS
$79.2M
| $79.6K | ﹤0.01% |
30,600
-1,400
| -4% | -$3.86K |
|
|
GRTX
11057
PUT
DELISTED
Galera Therapeutics, Inc. Common Stock
GRTX
| $79.2K | ﹤0.01% |
25,400
+14,200
| +127% | +$42.2K |
|
|
CMAX
11058
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $79.1K | ﹤0.01% |
848
-264
| -24% | -$23.3K |
|
11059
Invesco Municipal Income Opportunities Trust
OIA
$293M
| $78.9K | ﹤0.01% |
12,652
-9,035
| -42% | -$56.2K |
|
11060
Idaho Strategic Resources
IDR
$503M
| $78.6K | ﹤0.01% |
14,724
-18,292
| -55% | -$97K |
|
11061
Skillful Craftsman
EDTK
$14M
| $78.6K | ﹤0.01% |
56,969
+35,406
| +164% | +$58.3K |
|
11062
PUT
Absci
ABSI
$1.55B
| $78.4K | ﹤0.01% |
51,600
-65,400
| -56% | -$105K |
|
11063
Dianthus Therapeutics
DNTH
$6.4B
| $78.3K | ﹤0.01% |
6,456
-4,888
| -43% | -$55.6K |
|
|
CKPT
11064
PUT
DELISTED
Checkpoint Therapeutics
CKPT
| $78.3K | ﹤0.01% |
31,700
+6,700
| +27% | +$18.3K |
|
11065
Atlantic American Corp
AAME
$30.2M
| $78.3K | ﹤0.01% |
40,569
+1,296
| +3% | +$2.88K |
|
11066
Pangaea Logistics
PANL
$486M
| $78.2K | ﹤0.01% |
11,548
-152,719
| -93% | -$943K |
|
11067
DB Gold Double Short ETN due Feb 15 2038
DZZ
$3.1M
| $78.1K | ﹤0.01% |
30,495
-2,142
| -7% | -$5.11K |
|
|
CLSD
11068
PUT
DELISTED
Clearside Biomedical
CLSD
| $78.1K | ﹤0.01% |
4,647
+567
| +14% | +$9.76K |
|
|
FEI
11069
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $77.9K | ﹤0.01% |
+10,107
| New | +$77.1K |
|
11070
CALL
Gold Royalty Corp
GROY
$722M
| $77.9K | ﹤0.01% |
44,000
-43,000
| -49% | -$88.9K |
|
11071
Tilly's
TLYS
$122M
| $77.8K | ﹤0.01% |
11,094
-4,077
| -27% | -$29.9K |
|
11072
PUT
Ribbon Communications
RBBN
$372M
| $77.3K | ﹤0.01% |
+27,700
| New | +$76.9K |
|
|
NCZ
11073
Virtus Convertible & Income Fund II
NCZ
$305M
| $77.3K | ﹤0.01% |
6,211
-6,872
| -53% | -$81.6K |
|
|
GATO
11074
CALL
DELISTED
Gatos Silver, Inc.
GATO
| $77.1K | ﹤0.01% |
20,400
-25,800
| -56% | -$139K |
|
11075
CALL
Tenaya Therapeutics
TNYA
$164M
| $76.9K | ﹤0.01% |
+13,100
| New | +$76.1K |
|
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.