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 | |
|---|---|---|---|---|---|---|
2376
CALL
Textron
TXT
$15.1B
| $10.9M | ﹤0.01% |
161,500
+42,900
| +36% | +$2.83M |
|
2377
Vanguard Dividend Appreciation ETF
VIG
$115B
| $10.9M | ﹤0.01% |
67,221
+65,393
| +3,577% | +$10.2M |
|
2378
CALL
Texas Roadhouse
TXRH
$13.6B
| $10.9M | ﹤0.01% |
97,200
-17,500
| -15% | -$1.92M |
|
2379
CALL
Protagonist Therapeutics
PTGX
$9.8B
| $10.9M | ﹤0.01% |
394,200
-206,800
| -34% | -$5.18M |
|
2380
PUT
Mettler-Toledo International
MTD
$28.7B
| $10.9M | ﹤0.01% |
8,300
-4,400
| -35% | -$6.19M |
|
|
EBIX
2381
CALL
DELISTED
Ebix Inc
EBIX
| $10.9M | ﹤0.01% |
432,000
+234,200
| +118% | +$4.39M |
|
2382
PUT
Aflac
AFL
$60.7B
| $10.9M | ﹤0.01% |
155,900
-77,400
| -33% | -$5.18M |
|
2383
CALL
Comstock Resources
CRK
$3.99B
| $10.9M | ﹤0.01% |
937,300
+198,900
| +27% | +$2.07M |
|
2384
CALL
Melco Resorts & Entertainment
MLCO
$2.14B
| $10.9M | ﹤0.01% |
889,400
-329,900
| -27% | -$4.08M |
|
2385
PUT
Trump Media & Technology Group
DJT
$2.31B
| $10.8M | ﹤0.01% |
863,700
+800
| +0.1% | +$10.5K |
|
2386
CALL
Joby Aviation
JOBY
$8.17B
| $10.8M | ﹤0.01% |
1,057,100
+719,200
| +213% | +$3.9M |
|
2387
CALL
American Eagle Outfitters
AEO
$2.73B
| $10.8M | ﹤0.01% |
918,500
+52,600
| +6% | +$656K |
|
|
MPT
2388
Medical Properties Trust
MPT
$2.51B
| $10.8M | ﹤0.01% |
1,168,861
+733,799
| +169% | +$6.21M |
|
|
ESTE
2389
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $10.8M | ﹤0.01% |
757,330
+29,973
| +4% | +$400K |
|
2390
CALL
Cognex
CGNX
$10.4B
| $10.8M | ﹤0.01% |
193,000
+180,000
| +1,385% | +$9.31M |
|
2391
CALL
Bio-Rad Laboratories Class A
BIO
$9.66B
| $10.8M | ﹤0.01% |
28,500
-1,300
| -4% | -$529K |
|
2392
CALL
AES
AES
$10.5B
| $10.8M | ﹤0.01% |
521,000
+136,100
| +35% | +$3M |
|
2393
CALL
Valaris
VAL
$5.91B
| $10.8M | ﹤0.01% |
171,600
+88,900
| +107% | +$5.36M |
|
2394
CALL
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.5B
| $10.8M | ﹤0.01% |
177,000
+76,500
| +76% | +$4.38M |
|
2395
Yum! Brands
YUM
$41.2B
| $10.8M | ﹤0.01% |
77,877
-100,492
| -56% | -$13.6M |
|
2396
PUT
StoneCo
STNE
$2.49B
| $10.8M | ﹤0.01% |
846,900
+12,900
| +2% | +$161K |
|
2397
PUT
Applovin
APP
$105B
| $10.8M | ﹤0.01% |
419,300
+58,200
| +16% | +$1.2M |
|
2398
PUT
Vail Resorts
MTN
$5.18B
| $10.8M | ﹤0.01% |
42,800
-34,500
| -45% | -$8.41M |
|
2399
PUT
Enbridge
ENB
$112B
| $10.8M | ﹤0.01% |
290,000
+18,800
| +7% | +$717K |
|
2400
PUT
Lattice Semiconductor
LSCC
$18.2B
| $10.8M | ﹤0.01% |
112,000
+46,300
| +70% | +$3.98M |
|
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.