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 | |
|---|---|---|---|---|---|---|
1901
CALL
Dole
DOLE
$1.24B
| $16.7M | ﹤0.01% |
1,236,800
+442,000
| +56% | +$5.67M |
|
|
MRO
1902
PUT
DELISTED
Marathon Oil Corporation
MRO
| $16.7M | ﹤0.01% |
726,100
-500,400
| -41% | -$11.8M |
|
1903
CALL
Sunrun
RUN
$2.4B
| $16.7M | ﹤0.01% |
935,600
-587,000
| -39% | -$10.9M |
|
1904
Tidewater
TDW
$4.51B
| $16.7M | ﹤0.01% |
301,344
+159,538
| +113% | +$7.3M |
|
1905
CALL
Floor & Decor
FND
$6.26B
| $16.7M | ﹤0.01% |
160,600
-49,200
| -23% | -$4.7M |
|
1906
Principal Financial Group
PFG
$24.2B
| $16.7M | ﹤0.01% |
219,780
-78,756
| -26% | -$5.68M |
|
1907
Digital Realty Trust
DLR
$72.6B
| $16.7M | ﹤0.01% |
146,220
-5,690
| -4% | -$563K |
|
1908
CALL
JPMorgan Equity Premium Income ETF
JEPI
$46.1B
| $16.6M | ﹤0.01% |
300,700
-63,900
| -18% | -$3.49M |
|
1909
PUT
Star Bulk Carriers
SBLK
$3.09B
| $16.6M | ﹤0.01% |
938,900
-403,300
| -30% | -$7.76M |
|
1910
SoFi Technologies
SOFI
$22.8B
| $16.5M | ﹤0.01% |
1,973,606
-6,412,511
| -76% | -$41.8M |
|
|
CTLT
1911
CALL
DELISTED
CATALENT, INC.
CTLT
| $16.5M | ﹤0.01% |
379,400
+279,000
| +278% | +$12.3M |
|
1912
CALL
Unum
UNM
$14.4B
| $16.4M | ﹤0.01% |
343,300
+169,700
| +98% | +$7.4M |
|
1913
PUT
Axsome Therapeutics
AXSM
$11.4B
| $16.4M | ﹤0.01% |
227,600
-11,400
| -5% | -$841K |
|
1914
CALL
Vulcan Materials
VMC
$36.6B
| $16.3M | ﹤0.01% |
72,500
-10,300
| -12% | -$1.97M |
|
|
GRMN
1915
Garmin
GRMN
$59.5B
| $16.3M | ﹤0.01% |
156,629
-38,959
| -20% | -$3.98M |
|
1916
CALL
UiPath
PATH
$7.78B
| $16.3M | ﹤0.01% |
985,200
+25,000
| +3% | +$401K |
|
1917
PUT
DaVita
DVA
$11.4B
| $16.3M | ﹤0.01% |
162,100
+88,000
| +119% | +$8.17M |
|
1918
CALL
Corpay
CPAY
$26.5B
| $16.3M | ﹤0.01% |
64,800
-21,300
| -25% | -$4.86M |
|
1919
CALL
California Resources
CRC
$4.76B
| $16.3M | ﹤0.01% |
359,000
+175,500
| +96% | +$7.12M |
|
1920
PUT
Valley National Bancorp
VLY
$8.21B
| $16.2M | ﹤0.01% |
2,095,600
+975,400
| +87% | +$7.76M |
|
1921
PUT
SentinelOne
S
$7.6B
| $16.2M | ﹤0.01% |
1,075,500
+693,500
| +182% | +$11.7M |
|
1922
PUT
Molina Healthcare
MOH
$10.5B
| $16.2M | ﹤0.01% |
53,900
-57,600
| -52% | -$16.6M |
|
1923
PUT
KeyCorp
KEY
$24.4B
| $16.2M | ﹤0.01% |
1,755,600
-372,600
| -18% | -$3.89M |
|
1924
PUT
ChargePoint
CHPT
$160M
| $16.2M | ﹤0.01% |
92,245
+38,900
| +73% | +$6.82M |
|
1925
Gold Fields
GFI
$36.7B
| $16.2M | ﹤0.01% |
1,171,446
+896,036
| +325% | +$13.6M |
|
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.