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 | |
|---|---|---|---|---|---|---|
1801
Domino's
DPZ
$11.8B
| $18.3M | ﹤0.01% |
54,309
-19,405
| -26% | -$6.12M |
|
1802
CALL
J.M. Smucker
SJM
$12.5B
| $18.3M | ﹤0.01% |
123,900
+10,700
| +9% | +$1.63M |
|
1803
Uber
UBER
$160B
| $18.3M | ﹤0.01% |
423,700
-2,176,268
| -84% | -$80.9M |
|
1804
CALL
iShares MSCI ACWI ETF
ACWI
$33.3B
| $18.3M | ﹤0.01% |
190,600
-209,900
| -52% | -$19.5M |
|
1805
CALL
Omnicom Group
OMC
$23.6B
| $18.3M | ﹤0.01% |
192,000
+20,300
| +12% | +$1.88M |
|
1806
PUT
Shake Shack
SHAK
$2.9B
| $18.2M | ﹤0.01% |
234,600
-85,300
| -27% | -$5.48M |
|
1807
CALL
Quest Diagnostics
DGX
$26.2B
| $18.2M | ﹤0.01% |
129,700
+22,500
| +21% | +$3.1M |
|
1808
CALL
Global X Lithium & Battery Tech ETF
LIT
$1.59B
| $18.2M | ﹤0.01% |
280,100
+3,500
| +1% | +$218K |
|
1809
PUT
Cencora
COR
$63.7B
| $18.2M | ﹤0.01% |
94,600
-36,800
| -28% | -$6.37M |
|
1810
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.56B
| $18.2M | ﹤0.01% |
358,200
-225,500
| -39% | -$11.1M |
|
1811
Norwegian Cruise Line
NCLH
$8.59B
| $18.2M | ﹤0.01% |
835,461
-667,222
| -44% | -$10.2M |
|
1812
PUT
Valaris
VAL
$6.03B
| $18.2M | ﹤0.01% |
288,700
+196,000
| +211% | +$11.8M |
|
1813
Booz Allen Hamilton
BAH
$9.45B
| $18.2M | ﹤0.01% |
162,742
-30,610
| -16% | -$3.03M |
|
1814
eBay
EBAY
$47.2B
| $18.1M | ﹤0.01% |
406,077
-209,249
| -34% | -$9.29M |
|
1815
PUT
Axcelis
ACLS
$4.18B
| $18.1M | ﹤0.01% |
98,800
+44,800
| +83% | +$6.45M |
|
1816
CALL
US Global Jets ETF
JETS
$827M
| $18.1M | ﹤0.01% |
844,200
-182,800
| -18% | -$3.43M |
|
|
GTLS.PRB
1817
DELISTED
Chart Industries 6.75% Series B Preferred Stock
GTLS.PRB
| $18.1M | ﹤0.01% |
277,500
+67,500
| +32% | +$3.65M |
|
1818
CALL
SSR Mining
SSRM
$6.52B
| $18.1M | ﹤0.01% |
1,274,400
-543,900
| -30% | -$8.23M |
|
1819
Lucid Motors
LCID
$2.64B
| $18.1M | ﹤0.01% |
262,051
+46,562
| +22% | +$3.32M |
|
1820
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $18.1M | ﹤0.01% |
+562,223
| New | +$18.2M |
|
1821
Zillow
Z
$7.68B
| $18M | ﹤0.01% |
358,873
+313,869
| +697% | +$14.4M |
|
1822
Prudential Financial
PRU
$42.2B
| $18M | ﹤0.01% |
204,369
-247,340
| -55% | -$20.7M |
|
1823
PUT
Winnebago Industries
WGO
$927M
| $18M | ﹤0.01% |
269,900
-3,700
| -1% | -$221K |
|
1824
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.96B
| $18M | ﹤0.01% |
+469,939
| New | +$18.1M |
|
1825
Entergy
ETR
$49.7B
| $18M | ﹤0.01% |
369,246
+100,088
| +37% | +$5.19M |
|
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.