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 | |
|---|---|---|---|---|---|---|
1426
PUT
PPG Industries
PPG
$25.7B
| $27.5M | 0.01% |
185,700
+80,300
| +76% | +$11.2M |
|
1427
Verisk Analytics
VRSK
$23.6B
| $27.5M | 0.01% |
121,784
+26,930
| +28% | +$5.66M |
|
1428
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $27.5M | 0.01% |
370,452
+149,996
| +68% | +$11.3M |
|
1429
CALL
Annaly Capital Management
NLY
$17.4B
| $27.5M | 0.01% |
1,373,000
-151,100
| -10% | -$2.94M |
|
1430
CALL
MPLX
MPLX
$59.5B
| $27.5M | 0.01% |
809,000
-724,500
| -47% | -$24.7M |
|
1431
CALL
Alaska Air
ALK
$5.44B
| $27.4M | 0.01% |
515,900
+126,600
| +33% | +$5.76M |
|
1432
PUT
US Global Jets ETF
JETS
$829M
| $27.4M | 0.01% |
1,278,800
+192,000
| +18% | +$3.61M |
|
1433
WIX.com
WIX
$2.77B
| $27.4M | 0.01% |
349,920
+220,949
| +171% | +$18.2M |
|
|
PXD
1434
DELISTED
Pioneer Natural Resource Co.
PXD
| $27.3M | 0.01% |
131,848
-67,593
| -34% | -$14.2M |
|
1435
Keurig Dr Pepper
KDP
$39.1B
| $27.3M | 0.01% |
873,483
+127,829
| +17% | +$4.2M |
|
1436
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $27.2M | 0.01% |
669,700
-431,100
| -39% | -$17.4M |
|
1437
NetApp
NTAP
$39.2B
| $27.2M | 0.01% |
356,223
+107,834
| +43% | +$7.28M |
|
1438
Cardinal Health
CAH
$56.4B
| $27.2M | 0.01% |
287,483
-7,286
| -2% | -$615K |
|
1439
PUT
Check Point Software Technologies
CHKP
$13.2B
| $27.2M | 0.01% |
216,300
+18,300
| +9% | +$2.3M |
|
|
ANSS
1440
CALL
DELISTED
Ansys
ANSS
| $27.1M | 0.01% |
82,200
+14,000
| +21% | +$4.44M |
|
1441
PUT
HSBC
HSBC
$356B
| $27.1M | 0.01% |
684,900
-368,700
| -35% | -$13.8M |
|
1442
PUT
Range Resources
RRC
$9.39B
| $27.1M | 0.01% |
922,500
+518,700
| +128% | +$14.1M |
|
1443
PUT
Fidelity National Information Services
FIS
$22.2B
| $27.1M | 0.01% |
495,300
-912,200
| -65% | -$50.2M |
|
1444
AvalonBay Communities
AVB
$26.1B
| $27.1M | 0.01% |
142,986
-14,251
| -9% | -$2.54M |
|
1445
CALL
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $27M | 0.01% |
490,400
+235,600
| +92% | +$12.4M |
|
1446
CALL
Jabil
JBL
$36.5B
| $27M | 0.01% |
249,800
+85,700
| +52% | +$7.55M |
|
1447
CALL
Equinor
EQNR
$97.5B
| $27M | 0.01% |
922,900
-166,400
| -15% | -$4.74M |
|
1448
Sarepta Therapeutics
SRPT
$1.89B
| $27M | 0.01% |
235,361
+95,534
| +68% | +$12.3M |
|
1449
United Rentals
URI
$71.7B
| $26.9M | 0.01% |
60,501
+15,504
| +34% | +$5.75M |
|
1450
RingCentral
RNG
$5.34B
| $26.9M | 0.01% |
823,160
-547,829
| -40% | -$16.8M |
|
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.