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 | |
|---|---|---|---|---|---|---|
1701
CALL
Cencora
COR
$63.7B
| $20.1M | ﹤0.01% |
104,400
-135,300
| -56% | -$23.4M |
|
1702
PUT
PACCAR
PCAR
$69.8B
| $20.1M | ﹤0.01% |
239,950
-43,600
| -15% | -$3.23M |
|
1703
Paycom
PAYC
$9.57B
| $20.1M | ﹤0.01% |
62,449
+32,141
| +106% | +$9.48M |
|
1704
PUT
Freshpet
FRPT
$3.45B
| $20M | ﹤0.01% |
304,100
+223,800
| +279% | +$14.7M |
|
1705
Noble Corp
NE
$7.1B
| $20M | ﹤0.01% |
483,732
-88,954
| -16% | -$3.42M |
|
1706
PUT
iShares MSCI Mexico ETF
EWW
$1.89B
| $20M | ﹤0.01% |
321,300
-5,500
| -2% | -$336K |
|
1707
CALL
Wabtec
WAB
$50.3B
| $20M | ﹤0.01% |
182,000
+39,400
| +28% | +$3.91M |
|
1708
CALL
Atkore
ATKR
$3.17B
| $19.9M | ﹤0.01% |
127,800
+48,700
| +62% | +$6.39M |
|
1709
CALL
Academy Sports + Outdoors
ASO
$3.07B
| $19.9M | ﹤0.01% |
368,700
+185,900
| +102% | +$10.7M |
|
1710
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $19.9M | ﹤0.01% |
+396,947
| New | +$19.9M |
|
|
DISH
1711
CALL
DELISTED
DISH Network Corp.
DISH
| $19.9M | ﹤0.01% |
3,019,600
+1,442,400
| +91% | +$10.2M |
|
1712
CALL
Axcelis
ACLS
$4.18B
| $19.9M | ﹤0.01% |
108,300
+40,900
| +61% | +$5.89M |
|
1713
Saia
SAIA
$9.52B
| $19.8M | ﹤0.01% |
57,969
+46,429
| +402% | +$13.4M |
|
1714
Roku
ROKU
$22.4B
| $19.8M | ﹤0.01% |
310,089
+80,060
| +35% | +$4.86M |
|
1715
CALL
Vanguard Real Estate ETF
VNQ
$38.3B
| $19.8M | ﹤0.01% |
237,300
+21,800
| +10% | +$1.79M |
|
1716
CALL
Allegro MicroSystems
ALGM
$7.93B
| $19.8M | ﹤0.01% |
438,700
+45,500
| +12% | +$1.84M |
|
1717
CALL
Aramark
ARMK
$15.9B
| $19.8M | ﹤0.01% |
636,823
+152,073
| +31% | +$4.14M |
|
1718
State Street Technology Select Sector SPDR ETF
XLK
$122B
| $19.8M | ﹤0.01% |
+227,558
| New | +$17.9M |
|
|
WIRE
1719
PUT
DELISTED
Encore Wire Corp
WIRE
| $19.8M | ﹤0.01% |
106,300
+32,300
| +44% | +$5.47M |
|
1720
Textron
TXT
$15.2B
| $19.8M | ﹤0.01% |
292,241
+3,134
| +1% | +$207K |
|
|
GMS
1721
CALL
DELISTED
GMS Inc
GMS
| $19.8M | ﹤0.01% |
285,600
+161,800
| +131% | +$10M |
|
1722
Opendoor
OPEN
$3.48B
| $19.8M | ﹤0.01% |
5,079,364
+2,308,697
| +83% | +$5.01M |
|
1723
CALL
Vail Resorts
MTN
$5.26B
| $19.7M | ﹤0.01% |
78,400
-18,300
| -19% | -$4.46M |
|
1724
CALL
Hewlett Packard
HPE
$72B
| $19.7M | ﹤0.01% |
1,174,300
+409,400
| +54% | +$6.26M |
|
1725
AB InBev
BUD
$159B
| $19.7M | ﹤0.01% |
347,766
+293,678
| +543% | +$17.8M |
|
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.