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 | |
|---|---|---|---|---|---|---|
1476
PACCAR
PCAR
$69.6B
| $26.2M | 0.01% |
312,906
-227,956
| -42% | -$16.9M |
|
1477
PUT
Robinhood
HOOD
$84.1B
| $26.1M | 0.01% |
2,615,900
-812,500
| -24% | -$7.57M |
|
1478
APA Corp
APA
$14.4B
| $26.1M | 0.01% |
763,134
-255,031
| -25% | -$8.9M |
|
1479
Alcoa
AA
$14.1B
| $26.1M | 0.01% |
768,358
+546,764
| +247% | +$19.9M |
|
1480
PUT
Boston Properties
BXP
$10.8B
| $26.1M | 0.01% |
452,500
-62,300
| -12% | -$3.24M |
|
1481
Sea Limited
SE
$80.5B
| $26M | 0.01% |
447,891
+303,852
| +211% | +$21.7M |
|
|
ARCH
1482
DELISTED
Arch Resources, Inc.
ARCH
| $26M | 0.01% |
230,395
+154,413
| +203% | +$18.5M |
|
1483
Truist Financial
TFC
$63.9B
| $26M | 0.01% |
855,652
+14,530
| +2% | +$451K |
|
1484
PUT
Cintas
CTAS
$82.5B
| $25.9M | 0.01% |
208,800
-97,200
| -32% | -$11.4M |
|
1485
GE HealthCare
GEHC
$32.8B
| $25.9M | 0.01% |
318,490
+92,931
| +41% | +$7.42M |
|
1486
Ingersoll Rand
IR
$32.9B
| $25.8M | 0.01% |
394,510
+30,543
| +8% | +$1.81M |
|
|
SPR
1487
CALL
DELISTED
Spirit AeroSystems
SPR
| $25.7M | 0.01% |
880,900
+109,300
| +14% | +$3.15M |
|
1488
CALL
Rockwell Automation
ROK
$49.4B
| $25.7M | 0.01% |
78,000
+25,000
| +47% | +$7.22M |
|
1489
CALL
KKR & Co
KKR
$99.4B
| $25.7M | 0.01% |
458,300
+26,000
| +6% | +$1.36M |
|
|
API
1490
Agora
API
$397M
| $25.6M | 0.01% |
8,189,675
| – | – |
|
1491
Zoetis
ZTS
$30.9B
| $25.6M | 0.01% |
148,597
-158,878
| -52% | -$27.5M |
|
1492
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$247M
| $25.6M | 0.01% |
842,800
+66,400
| +9% | +$1.94M |
|
1493
CALL
Ally Financial
ALLY
$13.5B
| $25.6M | 0.01% |
946,300
-1,394,300
| -60% | -$37.1M |
|
1494
PUT
ScottsMiracle-Gro
SMG
$3.59B
| $25.4M | 0.01% |
405,600
-12,900
| -3% | -$865K |
|
1495
PUT
Bausch Health
BHC
$2.33B
| $25.4M | 0.01% |
3,174,900
+212,400
| +7% | +$1.57M |
|
1496
CALL
Southern Copper
SCCO
$161B
| $25.4M | 0.01% |
386,337
-52,727
| -12% | -$3.56M |
|
1497
Eversource Energy
ES
$26.7B
| $25.4M | 0.01% |
357,771
+59,945
| +20% | +$4.46M |
|
1498
CALL
Invesco NASDAQ 100 ETF
QQQM
$102B
| $25.4M | 0.01% |
166,800
-24,700
| -13% | -$3.42M |
|
1499
PUT
Wolfspeed
WOLF
$1.56B
| $25.3M | 0.01% |
455,400
+167,000
| +58% | +$8.51M |
|
1500
CALL
Verisk Analytics
VRSK
$23.8B
| $25.3M | 0.01% |
112,000
+86,100
| +332% | +$18.1M |
|
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.