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 | |
|---|---|---|---|---|---|---|
1626
CALL
Jack Henry & Associates
JKHY
$10.9B
| $22M | ﹤0.01% |
131,400
+81,700
| +164% | +$12.7M |
|
1627
VF Corp
VFC
$5.81B
| $22M | ﹤0.01% |
1,151,473
-546,005
| -32% | -$11.2M |
|
1628
DexCom
DXCM
$33.8B
| $21.9M | ﹤0.01% |
170,606
-138,917
| -45% | -$16.8M |
|
|
LSI
1629
DELISTED
Life Storage, Inc.
LSI
| $21.9M | ﹤0.01% |
164,505
+58,083
| +55% | +$7.73M |
|
1630
PUT
iShares Russell 1000 Growth ETF
IWF
$127B
| $21.8M | ﹤0.01% |
317,600
+35,600
| +13% | +$2.26M |
|
1631
CALL
International Flavors & Fragrances
IFF
$21.7B
| $21.8M | ﹤0.01% |
274,200
+8,300
| +3% | +$714K |
|
1632
TG Therapeutics
TGTX
$7.64B
| $21.8M | ﹤0.01% |
877,785
-400,463
| -31% | -$10.3M |
|
1633
CALL
Huntington Ingalls Industries
HII
$12.9B
| $21.7M | ﹤0.01% |
95,200
+67,800
| +247% | +$14.1M |
|
1634
CALL
iShares Select Dividend ETF
DVY
$23.7B
| $21.7M | ﹤0.01% |
191,200
-81,100
| -30% | -$9.24M |
|
1635
CALL
AngloGold Ashanti
AU
$49.3B
| $21.7M | ﹤0.01% |
1,027,100
+224,800
| +28% | +$5.67M |
|
1636
PUT
SAP
SAP
$242B
| $21.6M | ﹤0.01% |
158,200
+46,400
| +42% | +$6.14M |
|
1637
PUT
Molson Coors Class B
TAP
$7.83B
| $21.6M | ﹤0.01% |
328,300
+173,500
| +112% | +$10.7M |
|
1638
CALL
Ovintiv
OVV
$17.6B
| $21.6M | ﹤0.01% |
567,700
-128,600
| -18% | -$4.65M |
|
1639
CALL
First Horizon
FHN
$12B
| $21.6M | ﹤0.01% |
1,917,100
+579,900
| +43% | +$7.77M |
|
|
PINC
1640
DELISTED
Premier
PINC
| $21.6M | ﹤0.01% |
779,807
+135,081
| +21% | +$3.86M |
|
1641
Crown Castle
CCI
$31.3B
| $21.5M | ﹤0.01% |
188,764
-59,715
| -24% | -$7.11M |
|
1642
CALL
Targa Resources
TRGP
$56.9B
| $21.5M | ﹤0.01% |
282,500
+197,300
| +232% | +$14.3M |
|
1643
Nucor
NUE
$61.9B
| $21.5M | ﹤0.01% |
131,030
-91,081
| -41% | -$13.3M |
|
1644
Vanguard FTSE Developed Markets ETF
VEA
$236B
| $21.4M | ﹤0.01% |
463,881
+456,033
| +5,811% | +$21M |
|
|
FITB
1645
PUT
Fifth Third Bancorp
FITB
$52.2B
| $21.4M | ﹤0.01% |
817,200
-1,008,200
| -55% | -$26M |
|
1646
CALL
Reliance Steel & Aluminium
RS
$21.6B
| $21.4M | ﹤0.01% |
78,800
-28,000
| -26% | -$6.93M |
|
1647
CALL
Mettler-Toledo International
MTD
$28.8B
| $21.4M | ﹤0.01% |
16,300
+2,100
| +15% | +$2.95M |
|
1648
CALL
Omega Healthcare
OHI
$13.8B
| $21.4M | ﹤0.01% |
696,500
+299,300
| +75% | +$8.65M |
|
1649
CALL
Invesco DB US Dollar Index Bearish Fund
UDN
$109M
| $21.3M | ﹤0.01% |
1,134,500
-251,700
| -18% | -$4.74M |
|
|
1650
CALL
Molson Coors Class B
TAP
$7.83B
| $21.3M | ﹤0.01% |
323,800
-95,300
| -23% | -$5.89M |
|
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.