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 | |
|---|---|---|---|---|---|---|
1251
Kinder Morgan
KMI
$69.9B
| $34.1M | 0.01% |
1,978,401
+531,235
| +37% | +$9.02M |
|
1252
PUT
Agnico Eagle Mines
AEM
$91.4B
| $34M | 0.01% |
680,700
-69,300
| -9% | -$3.75M |
|
1253
CALL
Roper Technologies
ROP
$39.9B
| $34M | 0.01% |
70,700
+31,700
| +81% | +$14.4M |
|
1254
CALL
Allstate
ALL
$68.2B
| $34M | 0.01% |
311,500
-33,700
| -10% | -$3.82M |
|
1255
CALL
Royal Gold
RGLD
$19.8B
| $34M | 0.01% |
295,800
-92,900
| -24% | -$12M |
|
1256
CALL
Cintas
CTAS
$81.1B
| $34M | 0.01% |
273,200
-253,200
| -48% | -$29.7M |
|
1257
PUT
Dominion Energy
D
$59.1B
| $33.9M | 0.01% |
655,000
+253,700
| +63% | +$13.8M |
|
1258
Marathon Digital Holdings
MARA
$3.69B
| $33.9M | 0.01% |
2,445,748
+1,324,366
| +118% | +$13.3M |
|
|
1259
Cintas
CTAS
$81.1B
| $33.9M | 0.01% |
272,708
+41,968
| +18% | +$4.92M |
|
1260
CALL
Ralph Lauren
RL
$24.2B
| $33.9M | 0.01% |
274,800
+162,700
| +145% | +$18.8M |
|
1261
CALL
Goodyear
GT
$1.74B
| $33.9M | 0.01% |
2,475,800
+1,491,000
| +151% | +$18.6M |
|
1262
PUT
Coupang
CPNG
$29.1B
| $33.8M | 0.01% |
1,942,300
+980,800
| +102% | +$16M |
|
1263
CALL
Toronto Dominion Bank
TD
$200B
| $33.7M | 0.01% |
543,700
-51,900
| -9% | -$3.12M |
|
1264
PUT
American Electric Power
AEP
$66.9B
| $33.7M | 0.01% |
400,200
-27,300
| -6% | -$2.41M |
|
|
K
1265
PUT
DELISTED
Kellanova
K
| $33.7M | 0.01% |
531,755
+108,098
| +26% | +$6.89M |
|
1266
NRG Energy
NRG
$25B
| $33.6M | 0.01% |
899,473
+708,317
| +371% | +$24.1M |
|
1267
Datadog
DDOG
$93.6B
| $33.6M | 0.01% |
341,800
+15,560
| +5% | +$1.3M |
|
1268
PUT
iShares MSCI United Kingdom ETF
EWU
$4.15B
| $33.6M | 0.01% |
1,038,200
+196,000
| +23% | +$6.46M |
|
1269
CALL
Pan American Silver
PAAS
$21.8B
| $33.5M | 0.01% |
2,297,300
+873,900
| +61% | +$14.4M |
|
1270
CALL
Pool Corp
POOL
$7.27B
| $33.5M | 0.01% |
89,400
+17,100
| +24% | +$5.85M |
|
1271
RLI Corp
RLI
$5.83B
| $33.5M | 0.01% |
490,424
+456,562
| +1,348% | +$30.3M |
|
|
CMA
1272
CALL
DELISTED
Comerica
CMA
| $33.4M | 0.01% |
788,700
+383,400
| +95% | +$15.5M |
|
1273
Nice
NICE
$6.01B
| $33.4M | 0.01% |
161,738
-43,511
| -21% | -$8.97M |
|
1274
Kroger
KR
$34.6B
| $33.4M | 0.01% |
710,348
+314,141
| +79% | +$15M |
|
1275
PUT
British American Tobacco
BTI
$123B
| $33.3M | 0.01% |
1,003,500
+320,500
| +47% | +$11M |
|
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.