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 | |
|---|---|---|---|---|---|---|
1951
PUT
GoDaddy
GDDY
$11.5B
| $15.7M | ﹤0.01% |
209,200
+175,100
| +513% | +$12.9M |
|
1952
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$333M
| $15.7M | ﹤0.01% |
112,400
+64,240
| +133% | +$10.7M |
|
1953
Scotiabank
BNS
$110B
| $15.7M | ﹤0.01% |
313,800
-373,377
| -54% | -$18.5M |
|
1954
CALL
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $15.7M | ﹤0.01% |
128,100
+8,100
| +7% | +$989K |
|
1955
PUT
Genuine Parts
GPC
$18.4B
| $15.7M | ﹤0.01% |
92,700
+30,600
| +49% | +$5.01M |
|
1956
PUT
QuantumScape Corp
QS
$3.89B
| $15.7M | ﹤0.01% |
1,962,600
+768,200
| +64% | +$5.34M |
|
1957
PUT
MP Materials
MP
$9.66B
| $15.7M | ﹤0.01% |
685,200
-64,100
| -9% | -$1.47M |
|
1958
CALL
Dave & Buster's
PLAY
$352M
| $15.7M | ﹤0.01% |
351,400
+145,600
| +71% | +$5.32M |
|
1959
PUT
Bath & Body Works
BBWI
$3.71B
| $15.7M | ﹤0.01% |
417,400
+83,100
| +25% | +$3.04M |
|
1960
CALL
Lantheus
LNTH
$6.58B
| $15.7M | ﹤0.01% |
186,500
+97,300
| +109% | +$8.73M |
|
1961
PUT
Host Hotels & Resorts
HST
$15.6B
| $15.6M | ﹤0.01% |
928,700
+241,000
| +35% | +$4.04M |
|
1962
Aflac
AFL
$60.8B
| $15.6M | ﹤0.01% |
223,925
-70,563
| -24% | -$4.72M |
|
1963
KeyCorp
KEY
$24.5B
| $15.6M | ﹤0.01% |
1,691,024
+255,947
| +18% | +$2.67M |
|
1964
Rexford Industrial Realty
REXR
$8.1B
| $15.6M | ﹤0.01% |
298,888
+213,528
| +250% | +$11.6M |
|
1965
iShares MSCI Taiwan ETF
EWT
$11.4B
| $15.6M | ﹤0.01% |
331,837
+10,045
| +3% | +$458K |
|
1966
CALL
Carrier Global
CARR
$52.3B
| $15.6M | ﹤0.01% |
313,800
+87,400
| +39% | +$3.85M |
|
1967
CALL
Global E Online
GLBE
$6.8B
| $15.6M | ﹤0.01% |
380,900
-47,100
| -11% | -$1.55M |
|
1968
CALL
Papa John's
PZZA
$794M
| $15.6M | ﹤0.01% |
211,200
+133,100
| +170% | +$9.87M |
|
1969
CALL
ProShares UltraPro Short S&P 500
SPXU
$385M
| $15.6M | ﹤0.01% |
73,040
-4,775
| -6% | -$1.21M |
|
1970
CALL
Signet Jewelers
SIG
$3.6B
| $15.6M | ﹤0.01% |
238,300
+27,900
| +13% | +$1.93M |
|
1971
CALL
XPO
XPO
$24.5B
| $15.5M | ﹤0.01% |
263,500
+171,900
| +188% | +$7.78M |
|
1972
Loews
L
$23.2B
| $15.5M | ﹤0.01% |
261,448
+13,435
| +5% | +$778K |
|
|
BPMC
1973
PUT
DELISTED
Blueprint Medicines
BPMC
| $15.5M | ﹤0.01% |
245,600
+24,800
| +11% | +$1.35M |
|
1974
CALL
iShares Expanded Tech Sector ETF
IGM
$10.8B
| $15.5M | ﹤0.01% |
237,000
+61,200
| +35% | +$3.64M |
|
1975
CALL
KE Holdings
BEKE
$19.1B
| $15.5M | ﹤0.01% |
1,044,900
+47,200
| +5% | +$771K |
|
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.