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 | |
|---|---|---|---|---|---|---|
|
UROY
11226
PUT
Uranium Royalty Corp
UROY
$1.59B
| $57.6K | ﹤0.01% |
28,800
-61,200
| -68% | -$122K |
|
|
CMCM
11227
Cheetah Mobile
CMCM
$104M
| $57.5K | ﹤0.01% |
+24,697
| New | +$56.2K |
|
|
TIGR
11228
CALL
UP Fintech Holding
TIGR
$817M
| $57.4K | ﹤0.01% |
20,200
-976,600
| -98% | -$2.89M |
|
11229
CALL
OppFi
OPFI
$613M
| $57.3K | ﹤0.01% |
28,100
+800
| +3% | +$1.66K |
|
11230
SCYNEXIS
SCYX
$52.2M
| $57.3K | ﹤0.01% |
+2,429
| New | +$56.7K |
|
11231
PUT
Purple Innovation
PRPL
$28.4M
| $57K | ﹤0.01% |
820
-5,116
| -86% | -$368K |
|
11232
Seanergy Maritime Holdings
SHIP
$359M
| $56.7K | ﹤0.01% |
+11,763
| New | +$54.6K |
|
11233
Red Cat Holdings
RCAT
$1.68B
| $56.7K | ﹤0.01% |
47,609
-37,222
| -44% | -$36.2K |
|
11234
vTv Therapeutics
VTVT
$117M
| $56.4K | ﹤0.01% |
1,906
+1,524
| +399% | +$48.4K |
|
11235
Katapult Holdings
KPLT
$35.9M
| $56.1K | ﹤0.01% |
2,492
-1,348
| -35% | -$20.4K |
|
|
TTSH
11236
DELISTED
Tile Shop Holdings
TTSH
| $56.1K | ﹤0.01% |
10,119
-35,242
| -78% | -$173K |
|
11237
CALL
POET Technologies
POET
$1.63B
| $56K | ﹤0.01% |
12,700
-32,500
| -72% | -$140K |
|
11238
Orion Group Holdings
ORN
$405M
| $56K | ﹤0.01% |
19,929
-64,884
| -77% | -$165K |
|
11239
CALL
Heritage Insurance Holdings
HRTG
$999M
| $55.8K | ﹤0.01% |
14,500
+4,200
| +41% | +$16.9K |
|
|
BDN
11240
PUT
Brandywine Realty Trust
BDN
$542M
| $55.8K | ﹤0.01% |
12,000
-23,100
| -66% | -$94.2K |
|
11241
PUT
AC Immune
ACIU
$250M
| $55.6K | ﹤0.01% |
+18,800
| New | +$41K |
|
|
XNET
11242
CALL
Xunlei
XNET
$333M
| $55.6K | ﹤0.01% |
+28,100
| New | +$46.4K |
|
11243
Ovid Therapeutics
OVID
$521M
| $55.6K | ﹤0.01% |
16,958
-146,808
| -90% | -$499K |
|
11244
PUT
Akebia Therapeutics
AKBA
$242M
| $55.5K | ﹤0.01% |
60,300
+3,700
| +7% | +$3.57K |
|
|
PTRA
11245
PUT
DELISTED
Proterra Inc. Common Stock
PTRA
| $55.2K | ﹤0.01% |
46,000
-88,600
| -66% | -$109K |
|
|
IGR
11246
CBRE Global Real Estate Income Fund
IGR
$713M
| $55.2K | ﹤0.01% |
+10,554
| New | +$55.6K |
|
11247
Lipocine
LPCN
$17.4M
| $55K | ﹤0.01% |
10,994
+4,149
| +61% | +$19.5K |
|
11248
CALL
Galectin Therapeutics
GALT
$344M
| $54.9K | ﹤0.01% |
38,100
-14,700
| -28% | -$24.9K |
|
11249
INNOVATE Corp
VATE
$105M
| $54.7K | ﹤0.01% |
3,123
-36,161
| -92% | -$776K |
|
|
DAO
11250
Youdao
DAO
$2.17B
| $54.6K | ﹤0.01% |
+11,327
| New | +$62.8K |
|
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.