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 | |
|---|---|---|---|---|---|---|
1326
PUT
Silicon Motion
SIMO
$7.82B
| $31.2M | 0.01% |
434,800
+279,200
| +179% | +$17.9M |
|
1327
PUT
Bank OZK
OZK
$5.63B
| $31.2M | 0.01% |
777,400
+280,100
| +56% | +$10M |
|
1328
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.3B
| $31.2M | 0.01% |
339,200
-198,500
| -37% | -$18.2M |
|
1329
CALL
Robinhood
HOOD
$85B
| $31.2M | 0.01% |
3,125,900
+671,200
| +27% | +$6.25M |
|
1330
PUT
Beyond Meat
BYND
$268M
| $31.2M | 0.01% |
2,403,000
+513,200
| +27% | +$6.52M |
|
|
FL
1331
CALL
DELISTED
Foot Locker
FL
| $31.2M | 0.01% |
1,149,800
+372,500
| +48% | +$12.7M |
|
1332
PUT
Lyft
LYFT
$6.53B
| $31.1M | 0.01% |
3,248,100
-1,699,300
| -34% | -$16.3M |
|
1333
PUT
Ares Capital
ARCC
$14.3B
| $31.1M | 0.01% |
1,656,900
+809,100
| +95% | +$14.9M |
|
1334
PUT
Alpha Metallurgical Resources
AMR
$1.95B
| $31.1M | 0.01% |
189,300
+87,300
| +86% | +$13.3M |
|
1335
CALL
First Citizens BancShares
FCNCA
$25.2B
| $31.1M | 0.01% |
24,200
-63,400
| -72% | -$73.3M |
|
1336
CALL
Albertsons Companies
ACI
$5.89B
| $31M | 0.01% |
1,422,900
+152,100
| +12% | +$3.16M |
|
1337
PUT
Martin Marietta Materials
MLM
$33B
| $31M | 0.01% |
67,200
+40,900
| +156% | +$16.1M |
|
1338
PUT
WIX.com
WIX
$2.61B
| $30.9M | 0.01% |
395,500
-64,200
| -14% | -$5.28M |
|
1339
PUT
Toll Brothers
TOL
$14B
| $30.9M | 0.01% |
391,300
+174,500
| +80% | +$11.7M |
|
1340
CALL
Wolfspeed
WOLF
$1.52B
| $30.8M | 0.01% |
554,400
+28,400
| +5% | +$1.45M |
|
1341
PUT
Global Payments
GPN
$22.8B
| $30.8M | 0.01% |
312,600
-381,700
| -55% | -$39.2M |
|
1342
PUT
Nu Holdings
NU
$67B
| $30.8M | 0.01% |
3,901,300
+1,534,000
| +65% | +$9.42M |
|
1343
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $30.8M | 0.01% |
318,400
-1,355,100
| -81% | -$133M |
|
1344
PUT
Moody's
MCO
$82.8B
| $30.7M | 0.01% |
88,400
-72,800
| -45% | -$23.1M |
|
1345
PUT
M&T Bank
MTB
$36.3B
| $30.7M | 0.01% |
248,100
-73,200
| -23% | -$8.86M |
|
1346
Zscaler
ZS
$28.6B
| $30.6M | 0.01% |
209,179
-222,401
| -52% | -$27.2M |
|
1347
CALL
Vistra
VST
$48B
| $30.6M | 0.01% |
1,164,100
+114,300
| +11% | +$2.79M |
|
1348
CALL
Public Storage
PSA
$60.8B
| $30.5M | 0.01% |
104,500
+40,800
| +64% | +$11.9M |
|
1349
PUT
SL Green Realty
SLG
$3.9B
| $30.5M | 0.01% |
1,013,600
+585,500
| +137% | +$14.1M |
|
|
FNGA
1350
DELISTED
MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
| $30.4M | 0.01% |
162,490
+106,080
| +188% | +$13.9M |
|
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.