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 | |
|---|---|---|---|---|---|---|
2226
CALL
Invesco Solar ETF
TAN
$1.38B
| $12.5M | ﹤0.01% |
175,000
-78,000
| -31% | -$5.63M |
|
2227
CALL
Fastly Inc
FSLY
$4.78B
| $12.5M | ﹤0.01% |
791,500
-305,100
| -28% | -$4.67M |
|
2228
CALL
Liberty Global Class A
LBTYA
$3.58B
| $12.5M | ﹤0.01% |
740,200
+716,000
| +2,959% | +$12.7M |
|
2229
CALL
Snap-on
SNA
$20.9B
| $12.5M | ﹤0.01% |
43,300
+12,700
| +42% | +$3.29M |
|
|
CIVI
2230
PUT
DELISTED
Civitas Resources
CIVI
| $12.5M | ﹤0.01% |
179,800
+46,000
| +34% | +$3.18M |
|
2231
CALL
ScottsMiracle-Gro
SMG
$3.59B
| $12.5M | ﹤0.01% |
198,900
+22,400
| +13% | +$1.5M |
|
|
FTCH
2232
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $12.5M | ﹤0.01% |
2,063,062
-1,255,823
| -38% | -$6.05M |
|
|
MRO
2233
DELISTED
Marathon Oil Corporation
MRO
| $12.5M | ﹤0.01% |
541,300
-335,268
| -38% | -$7.9M |
|
2234
PUT
Charles River Laboratories
CRL
$13.4B
| $12.4M | ﹤0.01% |
59,100
+5,700
| +11% | +$1.13M |
|
2235
PUT
Dropbox
DBX
$7.81B
| $12.4M | ﹤0.01% |
465,400
+227,300
| +95% | +$5.18M |
|
2236
iShares Silver Trust
SLV
$31.3B
| $12.4M | ﹤0.01% |
593,567
-1,968,958
| -77% | -$43.8M |
|
|
MRSH
2237
PUT
Marsh
MRSH
$90B
| $12.4M | ﹤0.01% |
65,900
-54,500
| -45% | -$9.67M |
|
2238
CALL
Louisiana-Pacific
LPX
$5.18B
| $12.4M | ﹤0.01% |
165,000
-11,800
| -7% | -$730K |
|
2239
Federated Hermes
FHI
$4.74B
| $12.4M | ﹤0.01% |
344,960
+183,626
| +114% | +$7.1M |
|
2240
PUT
Qorvo
QRVO
$8.68B
| $12.4M | ﹤0.01% |
121,200
-7,900
| -6% | -$758K |
|
2241
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $12.3M | ﹤0.01% |
107,125
-130,019
| -55% | -$15.2M |
|
2242
Chord Energy
CHRD
$7.35B
| $12.3M | ﹤0.01% |
80,234
+11,458
| +17% | +$1.66M |
|
2243
CALL
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.4B
| $12.3M | ﹤0.01% |
828,000
-63,300
| -7% | -$768K |
|
2244
PUT
Interactive Brokers
IBKR
$41.4B
| $12.3M | ﹤0.01% |
593,600
-154,000
| -21% | -$3.04M |
|
2245
PUT
Dave & Buster's
PLAY
$370M
| $12.3M | ﹤0.01% |
276,600
-128,700
| -32% | -$4.7M |
|
2246
CALL
iShares Russell Mid-Cap ETF
IWR
$58.3B
| $12.3M | ﹤0.01% |
168,600
+52,600
| +45% | +$3.66M |
|
2247
Otis Worldwide
OTIS
$27.8B
| $12.3M | ﹤0.01% |
138,287
-68,381
| -33% | -$5.76M |
|
2248
Baxter International
BAX
$14B
| $12.3M | ﹤0.01% |
269,325
-348,716
| -56% | -$15.2M |
|
|
NKLA
2249
CALL
DELISTED
Nikola Corporation Common Stock
NKLA
| $12.3M | ﹤0.01% |
296,150
+213,797
| +260% | +$5.9M |
|
2250
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $12.3M | ﹤0.01% |
133,435
+130,335
| +4,204% | +$11.9M |
|
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.