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 | |
|---|---|---|---|---|---|---|
1276
Microchip Technology
MCHP
$44.2B
| $33.3M | 0.01% |
371,244
-121,519
| -25% | -$9.59M |
|
1277
CALL
Bath & Body Works
BBWI
$3.89B
| $33.2M | 0.01% |
885,300
-251,400
| -22% | -$9.19M |
|
1278
CALL
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$240M
| $33.2M | 0.01% |
1,093,200
+739,600
| +209% | +$21.6M |
|
1279
Moody's
MCO
$82.8B
| $33.2M | 0.01% |
95,355
+15,898
| +20% | +$5.04M |
|
|
1280
Berkshire Hathaway Class A
BRK.A
$1.14T
| $33.1M | 0.01% |
64
+62
| +3,100% | +$30.9M |
|
1281
CALL
ProShares UltraPro S&P 500
UPRO
$5.76B
| $33M | 0.01% |
697,000
-509,200
| -42% | -$20.8M |
|
1282
CALL
Beyond Meat
BYND
$268M
| $33M | 0.01% |
2,541,000
+276,100
| +12% | +$3.51M |
|
1283
PUT
Nutanix
NTNX
$17.4B
| $33M | 0.01% |
1,175,500
-1,606,500
| -58% | -$42.7M |
|
1284
CALL
Qorvo
QRVO
$8.56B
| $33M | 0.01% |
323,000
+225,700
| +232% | +$21.7M |
|
1285
CALL
Hertz
HTZ
$756M
| $33M | 0.01% |
1,791,900
+16,400
| +0.9% | +$269K |
|
1286
PUT
Prologis
PLD
$132B
| $33M | 0.01% |
268,700
-324,200
| -55% | -$39.9M |
|
|
RETA
1287
PUT
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $32.9M | 0.01% |
322,900
-114,300
| -26% | -$10.8M |
|
1288
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.91B
| $32.9M | 0.01% |
+1,297,445
| New | +$33.2M |
|
1289
CALL
Nutrien
NTR
$31.6B
| $32.9M | 0.01% |
556,600
-77,900
| -12% | -$4.96M |
|
1290
PUT
Cadence Design Systems
CDNS
$91.4B
| $32.9M | 0.01% |
140,100
-13,700
| -9% | -$2.98M |
|
|
1291
PUT
ProShares UltraPro S&P 500
UPRO
$5.76B
| $32.8M | 0.01% |
693,300
-235,000
| -25% | -$9.59M |
|
1292
Lyft
LYFT
$6.55B
| $32.8M | 0.01% |
3,422,826
-318,748
| -9% | -$3.07M |
|
1293
Take-Two Interactive
TTWO
$47.4B
| $32.7M | 0.01% |
221,924
-190,008
| -46% | -$24.8M |
|
1294
PUT
Scorpio Tankers
STNG
$3.83B
| $32.6M | 0.01% |
691,200
+24,300
| +4% | +$1.2M |
|
1295
PUT
Lucid Motors
LCID
$2.6B
| $32.6M | 0.01% |
473,650
+183,420
| +63% | +$13.1M |
|
1296
CALL
Citizens Financial Group
CFG
$30.6B
| $32.4M | 0.01% |
1,243,500
+309,700
| +33% | +$8.53M |
|
1297
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
| $32.4M | 0.01% |
509,100
-447,700
| -47% | -$26.4M |
|
1298
PUT
Markel Group
MKL
$22.8B
| $32.4M | 0.01% |
23,400
+4,700
| +25% | +$6.3M |
|
1299
Ecolab
ECL
$79.7B
| $32.3M | 0.01% |
173,002
-125,632
| -42% | -$21.6M |
|
1300
CALL
Teradyne
TER
$57.1B
| $32.3M | 0.01% |
290,100
+170,300
| +142% | +$17.1M |
|
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.