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 | |
|---|---|---|---|---|---|---|
1526
NIO
NIO
$11.5B
| $24.4M | 0.01% |
2,522,936
-2,123,254
| -46% | -$18M |
|
|
CFLT
1527
CALL
DELISTED
Confluent
CFLT
| $24.4M | 0.01% |
690,600
+131,100
| +23% | +$3.67M |
|
1528
PUT
Realty Income
O
$58.9B
| $24.4M | 0.01% |
407,400
-58,700
| -13% | -$3.58M |
|
1529
PUT
BRC Group Holdings
RILY
$294M
| $24.3M | ﹤0.01% |
529,300
+157,700
| +42% | +$5.55M |
|
1530
British American Tobacco
BTI
$122B
| $24.3M | ﹤0.01% |
732,317
+575,546
| +367% | +$19.7M |
|
1531
PUT
Corning
GLW
$137B
| $24.3M | ﹤0.01% |
693,200
+300,600
| +77% | +$9.88M |
|
|
CPE
1532
CALL
DELISTED
Callon Petroleum Company
CPE
| $24.3M | ﹤0.01% |
692,500
+153,100
| +28% | +$5.12M |
|
1533
PUT
Kinder Morgan
KMI
$70.4B
| $24.2M | ﹤0.01% |
1,407,900
-130,900
| -9% | -$2.22M |
|
1534
VanEck Junior Gold Miners ETF
GDXJ
$8.46B
| $24.2M | ﹤0.01% |
679,464
-394,543
| -37% | -$15.3M |
|
1535
HCA Healthcare
HCA
$89.2B
| $24.2M | ﹤0.01% |
79,824
-30,767
| -28% | -$8.55M |
|
1536
CALL
Nutanix
NTNX
$17.3B
| $24.2M | ﹤0.01% |
863,400
-218,900
| -20% | -$5.81M |
|
1537
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$290M
| $24.2M | ﹤0.01% |
52,392
+44,936
| +603% | +$36.1M |
|
1538
Royal Caribbean
RCL
$81.4B
| $24.2M | ﹤0.01% |
233,423
-258,952
| -53% | -$20.3M |
|
1539
PUT
Southern Company
SO
$106B
| $24.2M | ﹤0.01% |
344,400
-260,200
| -43% | -$18.7M |
|
1540
Canadian Solar
CSIQ
$1.08B
| $24.2M | ﹤0.01% |
624,616
+80,497
| +15% | +$3.12M |
|
1541
American Airlines Group
AAL
$10.2B
| $24.1M | ﹤0.01% |
1,344,725
-2,614,641
| -66% | -$38.3M |
|
1542
FirstEnergy
FE
$27.2B
| $24.1M | ﹤0.01% |
620,243
-108,909
| -15% | -$4.27M |
|
1543
PUT
Quanta Services
PWR
$101B
| $24.1M | ﹤0.01% |
122,700
-61,700
| -33% | -$10.8M |
|
1544
CALL
Tidewater
TDW
$4.51B
| $24.1M | ﹤0.01% |
434,200
+144,800
| +50% | +$6.63M |
|
1545
CALL
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.9M
| $24.1M | ﹤0.01% |
269,300
-102,700
| -28% | -$7.68M |
|
1546
Skyworks Solutions
SWKS
$10.3B
| $24.1M | ﹤0.01% |
217,345
+53,750
| +33% | +$5.67M |
|
1547
PUT
PENN Entertainment
PENN
$2.57B
| $24M | ﹤0.01% |
1,000,400
+310,600
| +45% | +$8.27M |
|
1548
PUT
XP
XP
$8.03B
| $24M | ﹤0.01% |
1,023,200
-3,217,900
| -76% | -$54.6M |
|
1549
CALL
Matador Resources
MTDR
$6.49B
| $23.9M | ﹤0.01% |
457,100
+251,900
| +123% | +$12.2M |
|
1550
PUT
TG Therapeutics
TGTX
$7.66B
| $23.9M | ﹤0.01% |
961,100
+333,200
| +53% | +$8.61M |
|
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.