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 | |
|---|---|---|---|---|---|---|
1226
PUT
Plug Power
PLUG
$2.94B
| $35.4M | 0.01% |
3,403,000
+1,789,800
| +111% | +$16.3M |
|
1227
ECARX Holdings
ECX
$413M
| $35.3M | 0.01% |
+5,069,836
| New | +$32M |
|
1228
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$230M
| $35.1M | 0.01% |
829,600
+90,400
| +12% | +$3.27M |
|
1229
Medpace
MEDP
$16.8B
| $35.1M | 0.01% |
146,157
+131,767
| +916% | +$27.4M |
|
1230
PUT
Canadian Imperial Bank of Commerce
CM
$109B
| $35.1M | 0.01% |
822,100
-162,000
| -16% | -$6.84M |
|
1231
CALL
Lamb Weston
LW
$7.12B
| $35.1M | 0.01% |
305,200
+219,900
| +258% | +$24.5M |
|
1232
PUT
Cardinal Health
CAH
$55.5B
| $35.1M | 0.01% |
370,900
+75,500
| +26% | +$6.38M |
|
1233
PUT
VanEck Junior Gold Miners ETF
GDXJ
$8.54B
| $34.9M | 0.01% |
979,700
+166,500
| +20% | +$6.47M |
|
1234
Prologis
PLD
$132B
| $34.9M | 0.01% |
284,885
-203,514
| -42% | -$25M |
|
1235
PUT
PG&E
PCG
$37.5B
| $34.9M | 0.01% |
2,020,800
+376,300
| +23% | +$6.37M |
|
1236
PUT
AutoNation
AN
$6.88B
| $34.7M | 0.01% |
210,900
-73,500
| -26% | -$10.2M |
|
1237
Dell
DELL
$296B
| $34.7M | 0.01% |
641,566
+280,017
| +77% | +$12.9M |
|
1238
TJX Companies
TJX
$175B
| $34.6M | 0.01% |
408,610
-201,754
| -33% | -$15.9M |
|
1239
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
| $34.6M | 0.01% |
544,900
-259,300
| -32% | -$15.3M |
|
1240
CALL
Lyft
LYFT
$6.55B
| $34.6M | 0.01% |
3,608,900
+559,400
| +18% | +$5.38M |
|
|
1241
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$230M
| $34.6M | 0.01% |
817,000
+371,400
| +83% | +$13.4M |
|
|
HZNP
1242
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $34.6M | 0.01% |
335,995
-18,559
| -5% | -$1.96M |
|
1243
iShares MSCI Brazil ETF
EWZ
$8.91B
| $34.5M | 0.01% |
1,064,233
+262,835
| +33% | +$7.82M |
|
1244
CALL
Lithia Motors
LAD
$8.35B
| $34.5M | 0.01% |
113,300
-8,600
| -7% | -$2.06M |
|
|
SWAV
1245
PUT
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $34.4M | 0.01% |
120,600
+44,500
| +58% | +$12.4M |
|
1246
PUT
Annaly Capital Management
NLY
$17.3B
| $34.3M | 0.01% |
1,714,800
+7,900
| +0.5% | +$153K |
|
1247
PUT
Bunge Global
BG
$21.6B
| $34.3M | 0.01% |
363,400
+34,100
| +10% | +$3.16M |
|
1248
CALL
W.P. Carey
WPC
$16.1B
| $34.3M | 0.01% |
517,953
+239,424
| +86% | +$16.6M |
|
1249
CALL
Spectrum Brands
SPB
$2.02B
| $34.1M | 0.01% |
437,400
-440,300
| -50% | -$31.4M |
|
1250
CSX Corp
CSX
$92.8B
| $34.1M | 0.01% |
999,751
-106,803
| -10% | -$3.38M |
|
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.