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 | |
|---|---|---|---|---|---|---|
1601
Waters Corp
WAT
$40.7B
| $22.7M | ﹤0.01% |
85,091
+44,001
| +107% | +$12.2M |
|
1602
CALL
Corteva
CTVA
$50.9B
| $22.7M | ﹤0.01% |
395,800
+205,400
| +108% | +$12M |
|
1603
CALL
Asbury Automotive
ABG
$3.73B
| $22.7M | ﹤0.01% |
94,300
+51,000
| +118% | +$10.7M |
|
1604
Snap
SNAP
$9.32B
| $22.7M | ﹤0.01% |
1,913,496
-28,633
| -1% | -$288K |
|
1605
Duke Energy
DUK
$96.1B
| $22.6M | ﹤0.01% |
251,611
-175,412
| -41% | -$16.6M |
|
1606
W.R. Berkley
WRB
$26B
| $22.5M | ﹤0.01% |
566,984
+363,039
| +178% | +$14.3M |
|
1607
CALL
Thor Industries
THO
$4.23B
| $22.5M | ﹤0.01% |
217,400
+64,400
| +42% | +$5.44M |
|
1608
Teradyne
TER
$59.3B
| $22.5M | ﹤0.01% |
202,045
+69,276
| +52% | +$6.95M |
|
1609
PUT
Manchester United
MANU
$3.8B
| $22.4M | ﹤0.01% |
920,700
-145,400
| -14% | -$3.01M |
|
1610
CALL
Global Ship Lease
GSL
$1.47B
| $22.4M | ﹤0.01% |
1,156,200
+208,900
| +22% | +$3.94M |
|
1611
CALL
Enbridge
ENB
$113B
| $22.4M | ﹤0.01% |
602,800
+211,900
| +54% | +$8.08M |
|
1612
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.21B
| $22.4M | ﹤0.01% |
642,500
-68,300
| -10% | -$2.86M |
|
|
MAXN
1613
CALL
DELISTED
Maxeon Solar Technologies
MAXN
| $22.4M | ﹤0.01% |
7,939
+3,126
| +65% | +$8.95M |
|
1614
CALL
Capri Holdings
CPRI
$1.77B
| $22.4M | ﹤0.01% |
622,900
+340,100
| +120% | +$13.5M |
|
1615
Fidelity National Information Services
FIS
$22.1B
| $22.4M | ﹤0.01% |
408,680
-463,155
| -53% | -$25.5M |
|
|
KRTX
1616
PUT
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $22.3M | ﹤0.01% |
102,800
-9,000
| -8% | -$1.93M |
|
1617
PUT
Agilent Technologies
A
$42.2B
| $22.2M | ﹤0.01% |
184,700
+46,000
| +33% | +$5.86M |
|
1618
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$203M
| $22.2M | ﹤0.01% |
84,390
+6,470
| +8% | +$2.02M |
|
1619
CALL
Toast
TOST
$20.2B
| $22.2M | ﹤0.01% |
983,000
+590,000
| +150% | +$11.8M |
|
1620
CALL
Pentair
PNR
$10.7B
| $22.2M | ﹤0.01% |
343,100
-4,700
| -1% | -$271K |
|
1621
Xcel Energy
XEL
$48.5B
| $22.1M | ﹤0.01% |
355,937
-179,505
| -34% | -$12M |
|
1622
PUT
Duolingo
DUOL
$6.34B
| $22.1M | ﹤0.01% |
154,400
-57,600
| -27% | -$8.25M |
|
|
ANSS
1623
PUT
DELISTED
Ansys
ANSS
| $22.1M | ﹤0.01% |
66,800
-4,200
| -6% | -$1.33M |
|
1624
West Pharmaceutical
WST
$24.7B
| $22.1M | ﹤0.01% |
57,660
+14,631
| +34% | +$5.23M |
|
1625
CALL
Ball Corp
BALL
$16.6B
| $22M | ﹤0.01% |
378,600
+182,700
| +93% | +$9.91M |
|
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.