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 | |
|---|---|---|---|---|---|---|
1501
Quanta Services
PWR
$101B
| $25.2M | 0.01% |
128,493
+8,756
| +7% | +$1.53M |
|
1502
CALL
Axsome Therapeutics
AXSM
$11.4B
| $25.1M | 0.01% |
349,900
-26,100
| -7% | -$1.93M |
|
1503
CALL
Diageo
DEO
$52.7B
| $25.1M | 0.01% |
144,700
+30,400
| +27% | +$5.43M |
|
1504
CALL
Silicon Motion
SIMO
$7.69B
| $25.1M | 0.01% |
349,100
+249,100
| +249% | +$15.9M |
|
1505
CALL
Travelers Companies
TRV
$78.7B
| $25M | 0.01% |
144,200
-7,400
| -5% | -$1.31M |
|
1506
CALL
Realty Income
O
$58.9B
| $25M | 0.01% |
418,500
-73,600
| -15% | -$4.49M |
|
1507
Fastenal
FAST
$60.3B
| $25M | 0.01% |
845,952
-306,112
| -27% | -$8.37M |
|
1508
PUT
PennyMac Financial
PFSI
$3.95B
| $24.9M | 0.01% |
354,100
+59,200
| +20% | +$3.75M |
|
1509
Equinix
EQIX
$103B
| $24.9M | 0.01% |
31,720
-19,352
| -38% | -$14.2M |
|
1510
PUT
Ecolab
ECL
$79.7B
| $24.8M | 0.01% |
133,100
-18,800
| -12% | -$3.24M |
|
1511
CALL
Clean Harbors
CLH
$16.5B
| $24.8M | 0.01% |
151,100
+137,000
| +972% | +$20M |
|
1512
CALL
InMode
INMD
$871M
| $24.8M | 0.01% |
664,800
-197,500
| -23% | -$6.9M |
|
|
JWN
1513
PUT
DELISTED
Nordstrom
JWN
| $24.8M | 0.01% |
1,212,900
-286,200
| -19% | -$4.81M |
|
|
IMGN
1514
DELISTED
Immunogen Inc
IMGN
| $24.8M | 0.01% |
1,315,658
+656,842
| +100% | +$7.76M |
|
1515
PUT
Dynatrace
DT
$14.4B
| $24.8M | 0.01% |
482,300
+275,700
| +133% | +$12.9M |
|
1516
Edwards Lifesciences
EW
$53.9B
| $24.8M | 0.01% |
262,708
-109,695
| -29% | -$9.53M |
|
1517
Southern Company
SO
$106B
| $24.8M | 0.01% |
352,424
-271,627
| -44% | -$19.5M |
|
1518
CALL
Lumentum
LITE
$63.7B
| $24.7M | 0.01% |
435,800
+301,200
| +224% | +$15.1M |
|
|
SWAV
1519
CALL
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $24.6M | 0.01% |
86,200
-21,900
| -20% | -$6.08M |
|
1520
Macy's
M
$6.48B
| $24.5M | 0.01% |
1,529,586
+1,061,783
| +227% | +$17M |
|
1521
Rockwell Automation
ROK
$49.6B
| $24.5M | 0.01% |
74,433
-15,381
| -17% | -$4.44M |
|
1522
CALL
Copart
CPRT
$27.4B
| $24.5M | 0.01% |
537,400
+168,600
| +46% | +$6.99M |
|
1523
GitLab
GTLB
$7.08B
| $24.5M | 0.01% |
479,397
+38,354
| +9% | +$1.43M |
|
|
ARCH
1524
CALL
DELISTED
Arch Resources, Inc.
ARCH
| $24.5M | 0.01% |
217,000
+30,500
| +16% | +$3.66M |
|
1525
CALL
Dropbox
DBX
$7.46B
| $24.5M | 0.01% |
917,000
+428,100
| +88% | +$9.76M |
|
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.