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 | |
|---|---|---|---|---|---|---|
1301
PUT
VF Corp
VFC
$5.86B
| $32.3M | 0.01% |
1,690,200
+702,600
| +71% | +$14.4M |
|
1302
CALL
Alnylam Pharmaceuticals
ALNY
$29B
| $32.2M | 0.01% |
169,400
-17,100
| -9% | -$3.39M |
|
1303
PUT
Campbell Soup
CPB
$6.69B
| $32.1M | 0.01% |
701,300
+368,300
| +111% | +$19M |
|
1304
CALL
American International
AIG
$40.6B
| $32M | 0.01% |
557,000
-136,400
| -20% | -$7.32M |
|
1305
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $32M | 0.01% |
1,106,800
+86,000
| +8% | +$2.46M |
|
1306
PUT
Public Storage
PSA
$60.8B
| $32M | 0.01% |
109,700
+48,300
| +79% | +$14.1M |
|
1307
PUT
McCormick & Company Non-Voting
MKC
$14.3B
| $32M | 0.01% |
366,800
+178,800
| +95% | +$15.8M |
|
1308
PUT
Tyler Technologies
TYL
$13B
| $32M | 0.01% |
76,800
+56,900
| +286% | +$21.9M |
|
1309
CALL
FIVE9
FIVN
$2.58B
| $32M | 0.01% |
387,900
+49,800
| +15% | +$3.34M |
|
1310
CALL
Global X Uranium ETF
URA
$6.19B
| $31.9M | 0.01% |
1,471,400
+291,800
| +25% | +$5.97M |
|
1311
CALL
Match Group
MTCH
$8.43B
| $31.9M | 0.01% |
762,100
+110,500
| +17% | +$4.04M |
|
1312
PUT
Teradyne
TER
$57.1B
| $31.9M | 0.01% |
286,300
+101,600
| +55% | +$10.2M |
|
1313
PUT
Spectrum Brands
SPB
$2.02B
| $31.9M | 0.01% |
408,200
+119,200
| +41% | +$8.51M |
|
|
SKX
1314
DELISTED
Skechers
SKX
| $31.8M | 0.01% |
604,706
+120,708
| +25% | +$6.18M |
|
1315
Extra Space Storage
EXR
$31B
| $31.8M | 0.01% |
213,856
-13,225
| -6% | -$1.99M |
|
1316
PUT
iShares Russell 2000 Growth ETF
IWO
$14.9B
| $31.8M | 0.01% |
131,000
-26,700
| -17% | -$6.12M |
|
1317
Agnico Eagle Mines
AEM
$91.4B
| $31.7M | 0.01% |
634,811
+367,818
| +138% | +$19.9M |
|
1318
PUT
iShares US Aerospace & Defense ETF
ITA
$15B
| $31.6M | 0.01% |
271,200
+130,300
| +92% | +$14.8M |
|
1319
CALL
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $31.6M | 0.01% |
605,000
+374,500
| +162% | +$18.6M |
|
1320
CALL
HP
HPQ
$27.3B
| $31.5M | 0.01% |
1,026,900
-208,500
| -17% | -$6.26M |
|
1321
CALL
Vertiv
VRT
$104B
| $31.5M | 0.01% |
1,272,800
+991,100
| +352% | +$17M |
|
1322
Archer Daniels Midland
ADM
$38.8B
| $31.5M | 0.01% |
416,619
-132,084
| -24% | -$10M |
|
|
BBBY
1323
CALL
Bed Bath & Beyond
BBBY
$423M
| $31.3M | 0.01% |
1,058,420
+868,230
| +457% | +$16M |
|
1324
Emerson Electric
EMR
$88.5B
| $31.3M | 0.01% |
346,489
-52,528
| -13% | -$4.42M |
|
|
1325
CALL
iShares US Aerospace & Defense ETF
ITA
$15B
| $31.3M | 0.01% |
268,000
+38,600
| +17% | +$4.39M |
|
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.