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 | |
|---|---|---|---|---|---|---|
2401
CALL
Main Street Capital
MAIN
$5.54B
| $10.8M | ﹤0.01% |
268,700
+20,800
| +8% | +$825K |
|
2402
Ventas
VTR
$46.3B
| $10.7M | ﹤0.01% |
227,308
-61,352
| -21% | -$2.78M |
|
2403
Xylem
XYL
$28.1B
| $10.7M | ﹤0.01% |
95,237
-44,894
| -32% | -$4.75M |
|
2404
CALL
Winnebago Industries
WGO
$921M
| $10.7M | ﹤0.01% |
160,700
+10,500
| +7% | +$627K |
|
2405
PUT
Elastic
ESTC
$8.94B
| $10.7M | ﹤0.01% |
166,900
+25,700
| +18% | +$1.61M |
|
2406
CALL
WillScot Mobile Mini Holdings
WSC
$4.17B
| $10.7M | ﹤0.01% |
223,900
-75,700
| -25% | -$3.39M |
|
2407
TransUnion
TRU
$15.5B
| $10.7M | ﹤0.01% |
136,520
+3,544
| +3% | +$245K |
|
2408
Carlisle Companies
CSL
$14.9B
| $10.7M | ﹤0.01% |
41,685
+22,863
| +121% | +$5.07M |
|
|
2409
Elastic
ESTC
$8.94B
| $10.7M | ﹤0.01% |
166,765
+128,645
| +337% | +$8.06M |
|
2410
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
| $10.7M | ﹤0.01% |
146,651
+141,148
| +2,565% | +$10.1M |
|
2411
TechnipFMC
FTI
$30.1B
| $10.6M | ﹤0.01% |
640,786
-9,269
| -1% | -$131K |
|
2412
Monolithic Power Systems
MPWR
$67B
| $10.6M | ﹤0.01% |
19,708
-20,243
| -51% | -$9.62M |
|
2413
CALL
Yelp
YELP
$1.32B
| $10.6M | ﹤0.01% |
292,400
+255,600
| +695% | +$8.25M |
|
|
PLL
2414
CALL
DELISTED
Piedmont Lithium
PLL
| $10.6M | ﹤0.01% |
184,300
-57,400
| -24% | -$3.28M |
|
2415
Everest Group
EG
$14B
| $10.6M | ﹤0.01% |
31,106
+9,665
| +45% | +$3.49M |
|
2416
CALL
Yeti Holdings
YETI
$3.44B
| $10.6M | ﹤0.01% |
273,600
-74,200
| -21% | -$2.87M |
|
|
UNVR
2417
DELISTED
Univar Solutions Inc.
UNVR
| $10.6M | ﹤0.01% |
+296,366
| New | +$10.5M |
|
|
PPLI
2418
People Inc
PPLI
$3.01B
| $10.6M | ﹤0.01% |
205,800
+41,020
| +25% | +$1.88M |
|
2419
PUT
Baker Hughes
BKR
$63B
| $10.6M | ﹤0.01% |
335,200
-144,300
| -30% | -$4.21M |
|
2420
CALL
Hormel Foods
HRL
$13.4B
| $10.6M | ﹤0.01% |
263,300
+39,000
| +17% | +$1.56M |
|
2421
CALL
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.31B
| $10.6M | ﹤0.01% |
115,000
-4,900
| -4% | -$449K |
|
2422
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$40.1M
| $10.6M | ﹤0.01% |
73,620
+45,620
| +163% | +$6.81M |
|
2423
PUT
Goodyear
GT
$1.78B
| $10.6M | ﹤0.01% |
772,500
+208,500
| +37% | +$2.6M |
|
2424
CALL
Weatherford International
WFRD
$6.6B
| $10.6M | ﹤0.01% |
159,100
-218,800
| -58% | -$13.5M |
|
2425
Howmet Aerospace
HWM
$113B
| $10.6M | ﹤0.01% |
213,216
+2,653
| +1% | +$118K |
|
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.