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 | |
|---|---|---|---|---|---|---|
1751
CALL
F5
FFIV
$23.4B
| $19.3M | ﹤0.01% |
132,200
+22,900
| +21% | +$3.26M |
|
1752
Dominion Energy
D
$59.9B
| $19.2M | ﹤0.01% |
371,116
-131,047
| -26% | -$7.12M |
|
1753
PUT
BioMarin Pharmaceuticals
BMRN
$13.5B
| $19.2M | ﹤0.01% |
221,300
-25,600
| -10% | -$2.41M |
|
1754
CALL
ZIM Integrated Shipping Services
ZIM
$2.96B
| $19.1M | ﹤0.01% |
1,538,500
-182,900
| -11% | -$2.94M |
|
1755
CALL
Zebra Technologies
ZBRA
$18.1B
| $19.1M | ﹤0.01% |
64,400
+14,600
| +29% | +$4.1M |
|
1756
PUT
Teladoc Health
TDOC
$1.24B
| $19M | ﹤0.01% |
752,000
-130,500
| -15% | -$3.28M |
|
1757
Jacobs Solutions
J
$17.3B
| $19M | ﹤0.01% |
193,597
+73,018
| +61% | +$6.96M |
|
1758
Atlassian
TEAM
$39.1B
| $19M | ﹤0.01% |
113,433
-475,639
| -81% | -$76.2M |
|
1759
CALL
Fox Class A
FOXA
$26.1B
| $19M | ﹤0.01% |
558,900
+172,200
| +45% | +$5.63M |
|
1760
Darden Restaurants
DRI
$25B
| $19M | ﹤0.01% |
113,725
+51,840
| +84% | +$8.14M |
|
1761
PUT
Republic Services
RSG
$65.9B
| $19M | ﹤0.01% |
124,000
+66,200
| +115% | +$9.47M |
|
1762
CALL
Banco Santander
SAN
$210B
| $19M | ﹤0.01% |
5,118,800
+92,200
| +2% | +$326K |
|
1763
PUT
Emerson Electric
EMR
$91.7B
| $19M | ﹤0.01% |
210,000
-229,200
| -52% | -$19.3M |
|
1764
Wheaton Precious Metals
WPM
$61B
| $19M | ﹤0.01% |
438,593
+325,753
| +289% | +$15.5M |
|
1765
PUT
American Water Works
AWK
$27B
| $18.9M | ﹤0.01% |
132,200
+17,500
| +15% | +$2.57M |
|
1766
CALL
TE Connectivity
TEL
$63.3B
| $18.9M | ﹤0.01% |
134,600
-18,600
| -12% | -$2.35M |
|
1767
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.58B
| $18.9M | ﹤0.01% |
704,600
-2,661,200
| -79% | -$75.2M |
|
1768
LyondellBasell Industries
LYB
$20.7B
| $18.8M | ﹤0.01% |
205,013
-11,461
| -5% | -$1.05M |
|
|
ARCH
1769
PUT
DELISTED
Arch Resources, Inc.
ARCH
| $18.8M | ﹤0.01% |
166,900
+25,800
| +18% | +$3.09M |
|
1770
CALL
Illinois Tool Works
ITW
$83.5B
| $18.8M | ﹤0.01% |
75,100
-5,400
| -7% | -$1.26M |
|
1771
CALL
Moody's
MCO
$82.5B
| $18.8M | ﹤0.01% |
54,000
-67,000
| -55% | -$21.2M |
|
1772
Revvity
RVTY
$12.9B
| $18.8M | ﹤0.01% |
158,000
+34,119
| +28% | +$4.19M |
|
1773
CALL
Navios Maritime Partners
NMM
$2.23B
| $18.7M | ﹤0.01% |
858,100
-127,800
| -13% | -$2.83M |
|
1774
CALL
Vodafone
VOD
$36.7B
| $18.7M | ﹤0.01% |
1,981,500
+1,187,200
| +149% | +$12.5M |
|
1775
PUT
Bloom Energy
BE
$62.2B
| $18.7M | ﹤0.01% |
1,144,200
+626,500
| +121% | +$10.1M |
|
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.