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 | |
|---|---|---|---|---|---|---|
2301
PUT
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $11.7M | ﹤0.01% |
378,500
+59,800
| +19% | +$1.83M |
|
2302
Silicon Motion
SIMO
$8.45B
| $11.7M | ﹤0.01% |
162,813
+18,173
| +13% | +$1.16M |
|
2303
Lumentum
LITE
$78B
| $11.7M | ﹤0.01% |
206,138
+27,514
| +15% | +$1.37M |
|
2304
PUT
KE Holdings
BEKE
$18.7B
| $11.7M | ﹤0.01% |
786,600
-539,900
| -41% | -$8.82M |
|
2305
CALL
Flex
FLEX
$45.9B
| $11.7M | ﹤0.01% |
559,729
-225,059
| -29% | -$4.01M |
|
2306
TripAdvisor
TRIP
$1.29B
| $11.6M | ﹤0.01% |
705,841
+379,253
| +116% | +$6.42M |
|
|
IRBT
2307
DELISTED
iRobot
IRBT
| $11.6M | ﹤0.01% |
256,503
+188,295
| +276% | +$7.52M |
|
2308
PUT
Cullen/Frost Bankers
CFR
$10.5B
| $11.6M | ﹤0.01% |
107,900
+26,800
| +33% | +$2.8M |
|
2309
PUT
Travelers Companies
TRV
$77.2B
| $11.6M | ﹤0.01% |
66,700
-42,600
| -39% | -$7.51M |
|
2310
Liberty Global Class C
LBTYK
$3.48B
| $11.6M | ﹤0.01% |
651,799
+494,775
| +315% | +$9.22M |
|
|
COOP
2311
PUT
DELISTED
Mr. Cooper
COOP
| $11.6M | ﹤0.01% |
228,700
-36,600
| -14% | -$1.68M |
|
2312
Magnolia Oil & Gas
MGY
$6.13B
| $11.6M | ﹤0.01% |
553,529
+174,673
| +46% | +$3.61M |
|
2313
CALL
Tanger
SKT
$4.42B
| $11.5M | ﹤0.01% |
523,100
+30,700
| +6% | +$616K |
|
2314
CALL
Tilray
TLRY
$640M
| $11.5M | ﹤0.01% |
740,030
+200,540
| +37% | +$4.3M |
|
2315
CALL
Galicia Financial Group
GGAL
$7.23B
| $11.5M | ﹤0.01% |
671,000
+543,300
| +425% | +$7.08M |
|
2316
CALL
Green Plains
GPRE
$1.09B
| $11.5M | ﹤0.01% |
357,500
+102,300
| +40% | +$3.24M |
|
2317
TE Connectivity
TEL
$62.2B
| $11.5M | ﹤0.01% |
82,229
-106,960
| -57% | -$13.5M |
|
2318
Palantir
PLTR
$430B
| $11.5M | ﹤0.01% |
749,556
-754,845
| -50% | -$8.58M |
|
|
2319
Galicia Financial Group
GGAL
$7.23B
| $11.5M | ﹤0.01% |
667,769
+506,003
| +313% | +$6.59M |
|
2320
Avantor
AVTR
$9.37B
| $11.5M | ﹤0.01% |
558,462
-155,124
| -22% | -$3.14M |
|
2321
CALL
ProShares Ultra Silver
AGQ
$1.41B
| $11.5M | ﹤0.01% |
425,400
+121,300
| +40% | +$3.77M |
|
2322
NovoCure
NVCR
$2.02B
| $11.5M | ﹤0.01% |
276,245
+163,655
| +145% | +$10.2M |
|
2323
Carrier Global
CARR
$52.2B
| $11.5M | ﹤0.01% |
230,493
-197,038
| -46% | -$8.67M |
|
|
LTHM
2324
PUT
DELISTED
Livent Corporation
LTHM
| $11.5M | ﹤0.01% |
417,700
+51,900
| +14% | +$1.24M |
|
|
PDCE
2325
DELISTED
PDC Energy, Inc.
PDCE
| $11.4M | ﹤0.01% |
160,718
+139,158
| +645% | +$9.4M |
|
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.