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 | |
|---|---|---|---|---|---|---|
1651
Realty Income
O
$58.6B
| $21.3M | ﹤0.01% |
356,431
-366,122
| -51% | -$22.3M |
|
1652
CALL
Hecla Mining
HL
$11.9B
| $21.2M | ﹤0.01% |
4,124,100
+91,500
| +2% | +$523K |
|
1653
CALL
IonQ
IONQ
$17.6B
| $21.2M | ﹤0.01% |
1,569,300
+1,082,400
| +222% | +$9M |
|
1654
PUT
Nutrien
NTR
$32.1B
| $21.2M | ﹤0.01% |
359,500
-9,300
| -3% | -$592K |
|
1655
CALL
Consolidated Edison
ED
$39.8B
| $21.2M | ﹤0.01% |
234,200
+9,500
| +4% | +$908K |
|
1656
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$308M
| $21.1M | ﹤0.01% |
718,542
-261,456
| -27% | -$7.63M |
|
1657
Fortive
FTV
$18.6B
| $21.1M | ﹤0.01% |
374,913
+136,768
| +57% | +$6.91M |
|
1658
CALL
PENN Entertainment
PENN
$2.57B
| $21.1M | ﹤0.01% |
878,500
+5,100
| +0.6% | +$136K |
|
|
AKRO
1659
PUT
DELISTED
Akero Therapeutics
AKRO
| $21.1M | ﹤0.01% |
451,900
+310,300
| +219% | +$14.2M |
|
1660
PUT
Ralph Lauren
RL
$23.7B
| $21.1M | ﹤0.01% |
171,100
-42,400
| -20% | -$4.89M |
|
1661
PUT
Williams Companies
WMB
$88.4B
| $21.1M | ﹤0.01% |
645,900
+290,400
| +82% | +$8.72M |
|
1662
Eaton
ETN
$178B
| $21.1M | ﹤0.01% |
104,742
-113,792
| -52% | -$20M |
|
1663
PUT
Lumentum
LITE
$63.8B
| $21M | ﹤0.01% |
370,700
+140,300
| +61% | +$7.01M |
|
1664
PUT
iShare MSCI Eurozone ETF
EZU
$9.91B
| $21M | ﹤0.01% |
458,900
+251,100
| +121% | +$11.4M |
|
1665
PUT
iShares Select Dividend ETF
DVY
$23.7B
| $21M | ﹤0.01% |
185,400
+95,200
| +106% | +$10.8M |
|
1666
Workday
WDAY
$44.8B
| $20.9M | ﹤0.01% |
92,466
-113,622
| -55% | -$22.8M |
|
1667
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.58B
| $20.9M | ﹤0.01% |
779,964
-133,702
| -15% | -$3.78M |
|
1668
CALL
State Street
STT
$51.4B
| $20.9M | ﹤0.01% |
285,100
+7,300
| +3% | +$525K |
|
1669
Coherent
COHR
$64.3B
| $20.9M | ﹤0.01% |
409,144
+263,626
| +181% | +$9.78M |
|
|
APLS
1670
PUT
DELISTED
Apellis Pharmaceuticals
APLS
| $20.8M | ﹤0.01% |
228,800
-107,600
| -32% | -$9.28M |
|
1671
CALL
Gold Fields
GFI
$36B
| $20.7M | ﹤0.01% |
1,499,100
+479,100
| +47% | +$7.28M |
|
1672
Ross Stores
ROST
$80.8B
| $20.7M | ﹤0.01% |
184,755
-3,469
| -2% | -$365K |
|
1673
Diamondback Energy
FANG
$56.5B
| $20.7M | ﹤0.01% |
157,597
-373,438
| -70% | -$50M |
|
|
FTCH
1674
PUT
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $20.7M | ﹤0.01% |
3,419,900
-682,600
| -17% | -$3.29M |
|
1675
Oneok
OKE
$57.7B
| $20.6M | ﹤0.01% |
334,161
+55,667
| +20% | +$3.44M |
|
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.