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 | |
|---|---|---|---|---|---|---|
2176
PUT
Intercontinental Exchange
ICE
$87.2B
| $12.9M | ﹤0.01% |
114,100
-54,900
| -32% | -$5.94M |
|
2177
Alpha Metallurgical Resources
AMR
$1.97B
| $12.9M | ﹤0.01% |
78,429
-28,237
| -26% | -$4.32M |
|
2178
CALL
Manchester United
MANU
$4.02B
| $12.9M | ﹤0.01% |
528,700
-834,400
| -61% | -$17.3M |
|
|
PRST
2179
DELISTED
Presto Technologies, Inc. Common Stock
PRST
| $12.9M | ﹤0.01% |
2,468,070
+19,793
| +0.8% | +$62.1K |
|
2180
Copart
CPRT
$27.2B
| $12.9M | ﹤0.01% |
282,328
-353,574
| -56% | -$14.7M |
|
2181
PUT
Lantheus
LNTH
$6.59B
| $12.9M | ﹤0.01% |
153,300
+57,400
| +60% | +$5.15M |
|
|
GAP
2182
CALL
The Gap Inc
GAP
$7.34B
| $12.9M | ﹤0.01% |
1,440,500
-45,800
| -3% | -$409K |
|
2183
CALL
Black Stone Minerals
BSM
$3.06B
| $12.9M | ﹤0.01% |
806,300
-41,700
| -5% | -$667K |
|
2184
CALL
Ollie's Bargain Outlet
OLLI
$4.7B
| $12.9M | ﹤0.01% |
222,000
-43,200
| -16% | -$2.66M |
|
|
FITB
2185
Fifth Third Bancorp
FITB
$52.5B
| $12.9M | ﹤0.01% |
490,619
+9,716
| +2% | +$250K |
|
2186
CALL
VeriSign
VRSN
$26B
| $12.9M | ﹤0.01% |
56,900
-57,700
| -50% | -$12.7M |
|
2187
Weyerhaeuser
WY
$17.9B
| $12.8M | ﹤0.01% |
382,955
-186,392
| -33% | -$5.61M |
|
2188
BioNTech
BNTX
$23.1B
| $12.8M | ﹤0.01% |
118,738
+58,483
| +97% | +$6.58M |
|
2189
PUT
Yum! Brands
YUM
$41.2B
| $12.8M | ﹤0.01% |
92,400
-192,700
| -68% | -$26.1M |
|
2190
PTC
PTC
$16.7B
| $12.8M | ﹤0.01% |
89,803
+21,965
| +32% | +$2.91M |
|
|
CMA
2191
DELISTED
Comerica
CMA
| $12.8M | ﹤0.01% |
301,590
+182,778
| +154% | +$7.39M |
|
2192
PUT
ZIM Integrated Shipping Services
ZIM
$3.23B
| $12.8M | ﹤0.01% |
1,031,100
-2,660,800
| -72% | -$42.8M |
|
2193
United Therapeutics
UTHR
$21.5B
| $12.8M | ﹤0.01% |
57,853
-29,731
| -34% | -$6.59M |
|
2194
Invitation Homes
INVH
$18B
| $12.8M | ﹤0.01% |
370,935
-123,126
| -25% | -$4.11M |
|
2195
MP Materials
MP
$9.91B
| $12.8M | ﹤0.01% |
557,534
+378,177
| +211% | +$8.67M |
|
2196
PUT
Stanley Black & Decker
SWK
$15.4B
| $12.8M | ﹤0.01% |
136,100
-73,500
| -35% | -$6.08M |
|
2197
Ameren
AEE
$30.2B
| $12.7M | ﹤0.01% |
155,808
-59,398
| -28% | -$5.09M |
|
2198
PUT
Canadian National Railway
CNI
$77.2B
| $12.7M | ﹤0.01% |
105,100
+24,100
| +30% | +$2.86M |
|
2199
iShares US Aerospace & Defense ETF
ITA
$14.9B
| $12.7M | ﹤0.01% |
108,941
+2,959
| +3% | +$337K |
|
2200
CALL
Trip.com Group
TCOM
$28.3B
| $12.7M | ﹤0.01% |
362,700
+206,500
| +132% | +$7.18M |
|
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.