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 | |
|---|---|---|---|---|---|---|
1401
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$429M
| $28.4M | 0.01% |
1,202,600
-145,900
| -11% | -$3.66M |
|
1402
Teva Pharmaceuticals
TEVA
$42.7B
| $28.4M | 0.01% |
3,775,198
+644,036
| +21% | +$5.22M |
|
1403
PUT
Canadian Natural Resources
CNQ
$98.1B
| $28.4M | 0.01% |
1,009,800
+48,600
| +5% | +$1.39M |
|
1404
CALL
Viking Therapeutics
VKTX
$4B
| $28.3M | 0.01% |
1,743,900
+950,100
| +120% | +$19.9M |
|
|
WCC
1405
PUT
WESCO International
WCC
$18.1B
| $28.3M | 0.01% |
157,800
+12,500
| +9% | +$1.82M |
|
1406
PUT
Samsara
IOT
$24B
| $28.2M | 0.01% |
1,019,400
+764,200
| +299% | +$16.9M |
|
1407
PUT
Sunrun
RUN
$2.42B
| $28.2M | 0.01% |
1,578,100
-1,284,700
| -45% | -$23.9M |
|
1408
Bunge Global
BG
$21.5B
| $28.2M | 0.01% |
298,438
-107,243
| -26% | -$9.95M |
|
1409
CALL
iShares Global Clean Energy ETF
ICLN
$2.1B
| $28.2M | 0.01% |
1,530,200
+494,900
| +48% | +$9.31M |
|
1410
CALL
DigitalOcean
DOCN
$15.1B
| $28.1M | 0.01% |
699,400
+45,500
| +7% | +$1.68M |
|
1411
CALL
Tapestry
TPR
$32.8B
| $28M | 0.01% |
655,000
+237,900
| +57% | +$9.9M |
|
|
FLG
1412
CALL
Flagstar Bank National Association
FLG
$5.8B
| $28M | 0.01% |
829,500
+417,667
| +101% | +$12.7M |
|
1413
CALL
TG Therapeutics
TGTX
$7.69B
| $28M | 0.01% |
1,125,900
+570,800
| +103% | +$14.7M |
|
1414
Devon Energy
DVN
$50.1B
| $27.9M | 0.01% |
576,855
-500,394
| -46% | -$25.2M |
|
1415
CALL
Penske Automotive Group
PAG
$14.2B
| $27.9M | 0.01% |
167,300
+122,300
| +272% | +$17.7M |
|
1416
CALL
Boston Beer
SAM
$1.84B
| $27.9M | 0.01% |
90,300
+15,800
| +21% | +$5.08M |
|
1417
CALL
VF Corp
VFC
$5.86B
| $27.8M | 0.01% |
1,454,700
+570,900
| +65% | +$11.7M |
|
1418
PUT
Diageo
DEO
$53.2B
| $27.8M | 0.01% |
160,000
-16,500
| -9% | -$2.95M |
|
1419
PUT
Coherent
COHR
$64.1B
| $27.7M | 0.01% |
544,200
+212,200
| +64% | +$7.88M |
|
1420
Ameriprise Financial
AMP
$49.6B
| $27.7M | 0.01% |
83,514
+31,150
| +59% | +$9.57M |
|
1421
CALL
Boyd Gaming
BYD
$6.02B
| $27.7M | 0.01% |
399,100
-85,900
| -18% | -$5.77M |
|
1422
PUT
Mobileye
MBLY
$7.56B
| $27.7M | 0.01% |
720,500
+576,900
| +402% | +$23.4M |
|
1423
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $27.7M | 0.01% |
286,505
+270,673
| +1,710% | +$26.6M |
|
1424
CALL
Herc Holdings
HRI
$5.81B
| $27.7M | 0.01% |
202,200
+185,000
| +1,076% | +$20.5M |
|
1425
Public Service Enterprise Group
PEG
$37.2B
| $27.7M | 0.01% |
441,849
+81,630
| +23% | +$5.1M |
|
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.