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 | |
|---|---|---|---|---|---|---|
1776
CALL
Chemours
CC
$2.23B
| $18.7M | ﹤0.01% |
506,500
+126,600
| +33% | +$3.86M |
|
1777
CALL
Xcel Energy
XEL
$48.5B
| $18.6M | ﹤0.01% |
299,800
-73,100
| -20% | -$4.88M |
|
|
AYX
1778
CALL
DELISTED
Alteryx Inc
AYX
| $18.6M | ﹤0.01% |
409,900
+117,000
| +40% | +$5.12M |
|
1779
PUT
Peloton Interactive
PTON
$2.46B
| $18.6M | ﹤0.01% |
2,419,800
+258,900
| +12% | +$2.2M |
|
1780
CALL
Carlyle Group
CG
$17.2B
| $18.6M | ﹤0.01% |
581,700
+312,700
| +116% | +$9.13M |
|
1781
Match Group
MTCH
$8.45B
| $18.6M | ﹤0.01% |
444,063
-168,156
| -27% | -$6.15M |
|
1782
CALL
Bloom Energy
BE
$62.2B
| $18.6M | ﹤0.01% |
1,135,600
+408,600
| +56% | +$6.6M |
|
1783
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.43B
| $18.5M | ﹤0.01% |
222,800
+211,200
| +1,821% | +$16.1M |
|
1784
CALL
Globant
GLOB
$1.68B
| $18.5M | ﹤0.01% |
103,200
+62,700
| +155% | +$10.3M |
|
1785
PUT
Steel Dynamics
STLD
$37.8B
| $18.5M | ﹤0.01% |
170,000
-149,800
| -47% | -$15.2M |
|
1786
ResMed
RMD
$32.6B
| $18.5M | ﹤0.01% |
84,751
-63,622
| -43% | -$14.2M |
|
1787
PUT
ProShares UltraPro Dow 30
UDOW
$927M
| $18.5M | ﹤0.01% |
620,200
+287,200
| +86% | +$8.15M |
|
|
CTLT
1788
PUT
DELISTED
CATALENT, INC.
CTLT
| $18.5M | ﹤0.01% |
426,500
+350,000
| +458% | +$15.4M |
|
1789
CME Group
CME
$93.2B
| $18.5M | ﹤0.01% |
99,777
-99,760
| -50% | -$18.4M |
|
1790
Corteva
CTVA
$50.9B
| $18.5M | ﹤0.01% |
322,191
-335,067
| -51% | -$19.6M |
|
1791
Edison International
EIX
$26.9B
| $18.5M | ﹤0.01% |
265,798
-77,129
| -22% | -$5.43M |
|
1792
Travelers Companies
TRV
$78.3B
| $18.5M | ﹤0.01% |
106,261
-66,275
| -38% | -$11.7M |
|
1793
CALL
Macy's
M
$6.45B
| $18.4M | ﹤0.01% |
1,149,400
-2,841,100
| -71% | -$45.4M |
|
1794
CoStar Group
CSGP
$12.6B
| $18.4M | ﹤0.01% |
207,039
-20,781
| -9% | -$1.6M |
|
1795
CALL
Willis Towers Watson
WTW
$31.8B
| $18.4M | ﹤0.01% |
78,200
+18,000
| +30% | +$4.15M |
|
1796
PUT
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.3B
| $18.4M | ﹤0.01% |
1,236,300
-335,600
| -21% | -$4.07M |
|
1797
PUT
Ambarella
AMBA
$3.64B
| $18.4M | ﹤0.01% |
219,900
+6,800
| +3% | +$497K |
|
|
LAC
1798
PUT
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $18.4M | ﹤0.01% |
909,700
+189,200
| +26% | +$3.9M |
|
1799
iShares Core S&P Total US Stock Market ETF
ITOT
$97.5B
| $18.4M | ﹤0.01% |
187,836
+156,212
| +494% | +$14.4M |
|
|
NVMI
1800
PUT
Nova
NVMI
$12.6B
| $18.4M | ﹤0.01% |
156,600
+102,100
| +187% | +$10.4M |
|
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.