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 | |
|---|---|---|---|---|---|---|
|
DISH
2276
PUT
DELISTED
DISH Network Corp.
DISH
| $11.9M | ﹤0.01% |
1,811,400
-360,600
| -17% | -$2.55M |
|
2277
Peloton Interactive
PTON
$2.44B
| $11.9M | ﹤0.01% |
1,551,219
+350,266
| +29% | +$2.98M |
|
2278
Papa John's
PZZA
$804M
| $11.9M | ﹤0.01% |
161,303
+121,326
| +303% | +$9M |
|
|
CPE
2279
PUT
DELISTED
Callon Petroleum Company
CPE
| $11.9M | ﹤0.01% |
339,500
+1,700
| +0.5% | +$56.9K |
|
2280
Navios Maritime Partners
NMM
$2.31B
| $11.9M | ﹤0.01% |
544,153
+48,241
| +10% | +$1.07M |
|
2281
Elanco Animal Health
ELAN
$11.2B
| $11.9M | ﹤0.01% |
1,181,758
+866,732
| +275% | +$8.04M |
|
2282
PUT
ProShares Short S&P500
SH
$839M
| $11.9M | ﹤0.01% |
213,700
-27,975
| -12% | -$1.65M |
|
2283
STMicroelectronics
STM
$48.1B
| $11.9M | ﹤0.01% |
237,298
-21,570
| -8% | -$1M |
|
2284
Invesco Solar ETF
TAN
$1.38B
| $11.9M | ﹤0.01% |
165,940
-20,913
| -11% | -$1.51M |
|
|
PPL
2285
PUT
PPL Corp
PPL
$26.8B
| $11.8M | ﹤0.01% |
447,700
-4,800
| -1% | -$132K |
|
2286
SentinelOne
S
$8.17B
| $11.8M | ﹤0.01% |
784,511
+543,326
| +225% | +$9.19M |
|
2287
American Water Works
AWK
$27.1B
| $11.8M | ﹤0.01% |
82,901
-57,153
| -41% | -$8.39M |
|
2288
Agree Realty
ADC
$9.34B
| $11.8M | ﹤0.01% |
180,942
+68,584
| +61% | +$4.54M |
|
2289
Royalty Pharma
RPRX
$26.1B
| $11.8M | ﹤0.01% |
384,739
+139,703
| +57% | +$4.73M |
|
2290
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.43B
| $11.8M | ﹤0.01% |
696,300
-1,864,400
| -73% | -$30.2M |
|
2291
PUT
Group 1 Automotive
GPI
$3.14B
| $11.8M | ﹤0.01% |
45,800
-5,700
| -11% | -$1.31M |
|
2292
CALL
iShares US Technology ETF
IYW
$25.7B
| $11.8M | ﹤0.01% |
108,500
+25,900
| +31% | +$2.54M |
|
2293
PUT
Johnson Controls International
JCI
$91.7B
| $11.8M | ﹤0.01% |
173,100
+13,600
| +9% | +$836K |
|
2294
CALL
Teucrium Corn Fund
CORN
$167M
| $11.8M | ﹤0.01% |
531,500
+421,800
| +385% | +$10.1M |
|
2295
CALL
International Paper
IP
$21.8B
| $11.8M | ﹤0.01% |
369,600
-96,000
| -21% | -$3.15M |
|
2296
Kraft Heinz
KHC
$30.1B
| $11.7M | ﹤0.01% |
330,905
-163,018
| -33% | -$6.27M |
|
2297
PUT
Signet Jewelers
SIG
$3.6B
| $11.7M | ﹤0.01% |
179,800
-30,300
| -14% | -$2.1M |
|
2298
PUT
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.2M
| $11.7M | ﹤0.01% |
131,100
+39,000
| +42% | +$2.92M |
|
2299
CALL
Knight Transportation
KNX
$11.9B
| $11.7M | ﹤0.01% |
210,900
-44,700
| -17% | -$2.49M |
|
2300
CALL
Yum China
YUMC
$16.2B
| $11.7M | ﹤0.01% |
207,300
-111,200
| -35% | -$6.71M |
|
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.