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 | |
|---|---|---|---|---|---|---|
2126
Petrobras
PBR
$115B
| $13.4M | ﹤0.01% |
970,444
-9,209,527
| -90% | -$112M |
|
2127
PUT
Axos Financial
AX
$5.72B
| $13.4M | ﹤0.01% |
339,700
-79,800
| -19% | -$3.09M |
|
2128
PUT
Universal Display
OLED
$4.18B
| $13.4M | ﹤0.01% |
92,800
+33,400
| +56% | +$4.79M |
|
2129
PUT
Corpay
CPAY
$27.9B
| $13.4M | ﹤0.01% |
53,200
-3,700
| -7% | -$844K |
|
2130
CALL
Infosys
INFY
$50.3B
| $13.4M | ﹤0.01% |
831,200
+531,700
| +178% | +$8.31M |
|
2131
CALL
Perion Network
PERI
$384M
| $13.3M | ﹤0.01% |
435,200
-94,500
| -18% | -$3.25M |
|
2132
Broadridge
BR
$19.6B
| $13.3M | ﹤0.01% |
80,514
+7,155
| +10% | +$1.08M |
|
2133
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.8B
| $13.3M | ﹤0.01% |
258,320
+234,273
| +974% | +$12M |
|
2134
PUT
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$226M
| $13.3M | ﹤0.01% |
370,300
+192,900
| +109% | +$7.64M |
|
2135
Playtika
PLTK
$961M
| $13.3M | ﹤0.01% |
1,143,151
+97,687
| +9% | +$1.06M |
|
|
TGI
2136
CALL
DELISTED
Triumph Group
TGI
| $13.3M | ﹤0.01% |
1,071,400
+674,400
| +170% | +$7.69M |
|
2137
PUT
Ollie's Bargain Outlet
OLLI
$4.7B
| $13.2M | ﹤0.01% |
228,700
+43,700
| +24% | +$2.69M |
|
|
CYBR
2138
CALL
DELISTED
CyberArk
CYBR
| $13.2M | ﹤0.01% |
84,700
+2,700
| +3% | +$387K |
|
2139
Comstock Resources
CRK
$3.99B
| $13.2M | ﹤0.01% |
1,141,347
+585,150
| +105% | +$6.09M |
|
|
SWN
2140
CALL
DELISTED
Southwestern Energy Company
SWN
| $13.2M | ﹤0.01% |
2,202,800
-106,500
| -5% | -$549K |
|
2141
PUT
West Pharmaceutical
WST
$24.4B
| $13.2M | ﹤0.01% |
34,600
-11,700
| -25% | -$4.18M |
|
2142
PUT
ProShares UltraPro Russell2000
URTY
$363M
| $13.2M | ﹤0.01% |
317,800
+225,300
| +244% | +$8.31M |
|
2143
CALL
PVH
PVH
$3.77B
| $13.2M | ﹤0.01% |
155,700
+10,300
| +7% | +$869K |
|
2144
Trane Technologies
TT
$105B
| $13.2M | ﹤0.01% |
69,129
-49,437
| -42% | -$8.77M |
|
2145
Roper Technologies
ROP
$39.3B
| $13.2M | ﹤0.01% |
27,498
-26,408
| -49% | -$12M |
|
2146
CALL
IAMGOLD
IAG
$10.1B
| $13.2M | ﹤0.01% |
5,021,800
+4,113,000
| +453% | +$11.9M |
|
2147
CALL
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$594M
| $13.2M | ﹤0.01% |
173,300
+3,300
| +2% | +$183K |
|
2148
Johnson Controls International
JCI
$91.7B
| $13.2M | ﹤0.01% |
193,640
-162,185
| -46% | -$9.97M |
|
2149
CALL
NovoCure
NVCR
$2.02B
| $13.2M | ﹤0.01% |
317,700
+152,500
| +92% | +$9.47M |
|
2150
CALL
GlobalFoundries
GFS
$28.9B
| $13.2M | ﹤0.01% |
204,000
+81,000
| +66% | +$4.9M |
|
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.