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 | |
|---|---|---|---|---|---|---|
1676
CALL
Boston Properties
BXP
$10.8B
| $20.6M | ﹤0.01% |
357,000
+105,700
| +42% | +$5.5M |
|
|
RETA
1677
CALL
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $20.5M | ﹤0.01% |
201,400
-206,600
| -51% | -$19.6M |
|
1678
PNC Financial Services
PNC
$101B
| $20.5M | ﹤0.01% |
162,512
-75,472
| -32% | -$9.22M |
|
1679
Celsius Holdings
CELH
$7.11B
| $20.5M | ﹤0.01% |
411,441
+328,608
| +397% | +$13.1M |
|
1680
PUT
Inspire Medical Systems
INSP
$1.71B
| $20.5M | ﹤0.01% |
63,000
+14,900
| +31% | +$4.26M |
|
1681
PUT
Waters Corp
WAT
$40.7B
| $20.4M | ﹤0.01% |
76,700
+17,800
| +30% | +$4.95M |
|
1682
CALL
Check Point Software Technologies
CHKP
$13.2B
| $20.4M | ﹤0.01% |
162,700
+69,000
| +74% | +$8.69M |
|
1683
PUT
Otis Worldwide
OTIS
$27.8B
| $20.4M | ﹤0.01% |
229,400
+155,100
| +209% | +$13.1M |
|
1684
D.R. Horton
DHI
$42.2B
| $20.4M | ﹤0.01% |
167,612
-37,240
| -18% | -$4.07M |
|
1685
PUT
KKR & Co
KKR
$99.6B
| $20.4M | ﹤0.01% |
364,000
+19,700
| +6% | +$1.03M |
|
1686
CALL
Canadian National Railway
CNI
$76.4B
| $20.4M | ﹤0.01% |
168,100
+78,700
| +88% | +$9.33M |
|
1687
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$6.02B
| $20.3M | ﹤0.01% |
376,300
+227,500
| +153% | +$9.46M |
|
1688
PUT
LyondellBasell Industries
LYB
$20.7B
| $20.3M | ﹤0.01% |
221,300
+7,100
| +3% | +$649K |
|
1689
CALL
Ambarella
AMBA
$3.64B
| $20.3M | ﹤0.01% |
242,700
+20,100
| +9% | +$1.47M |
|
1690
PUT
Cognizant
CTSH
$26.4B
| $20.3M | ﹤0.01% |
311,000
-6,700
| -2% | -$415K |
|
1691
CALL
Star Bulk Carriers
SBLK
$3.09B
| $20.3M | ﹤0.01% |
1,146,000
-1,236,200
| -52% | -$23.8M |
|
1692
Becton Dickinson
BDX
$49.4B
| $20.2M | ﹤0.01% |
76,696
-69,235
| -47% | -$17.6M |
|
1693
PUT
Toyota
TM
$225B
| $20.2M | ﹤0.01% |
125,900
+30,600
| +32% | +$4.4M |
|
1694
Conagra Brands
CAG
$7.14B
| $20.2M | ﹤0.01% |
599,726
+136,390
| +29% | +$4.92M |
|
1695
CALL
Asana
ASAN
$2.13B
| $20.2M | ﹤0.01% |
916,600
+114,900
| +14% | +$2.3M |
|
|
CYBR
1696
PUT
DELISTED
CyberArk
CYBR
| $20.2M | ﹤0.01% |
129,100
+57,000
| +79% | +$8.16M |
|
1697
PUT
Logitech
LOGI
$14.8B
| $20.1M | ﹤0.01% |
339,100
-113,800
| -25% | -$6.89M |
|
1698
PUT
Nokia
NOK
$52.7B
| $20.1M | ﹤0.01% |
4,841,500
+1,280,900
| +36% | +$5.42M |
|
1699
Goodyear
GT
$1.75B
| $20.1M | ﹤0.01% |
1,471,641
+210,441
| +17% | +$2.63M |
|
1700
CALL
Arthur J. Gallagher & Co
AJG
$65B
| $20.1M | ﹤0.01% |
91,600
+100
| +0.1% | +$20.8K |
|
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.