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 | |
|---|---|---|---|---|---|---|
2426
PUT
Jabil
JBL
$38.8B
| $10.6M | ﹤0.01% |
97,900
+46,100
| +89% | +$4.06M |
|
2427
PUT
Global X Uranium ETF
URA
$6.31B
| $10.5M | ﹤0.01% |
485,200
+78,300
| +19% | +$1.6M |
|
2428
DraftKings
DKNG
$12.6B
| $10.5M | ﹤0.01% |
395,881
+241,021
| +156% | +$5.55M |
|
2429
Logitech
LOGI
$15B
| $10.5M | ﹤0.01% |
177,080
+44,800
| +34% | +$2.71M |
|
2430
PUT
Chemours
CC
$2.3B
| $10.5M | ﹤0.01% |
284,900
-49,400
| -15% | -$1.51M |
|
2431
CALL
Vermilion Energy
VET
$1.72B
| $10.5M | ﹤0.01% |
843,000
-110,000
| -12% | -$1.36M |
|
2432
CALL
Sempra
SRE
$56.5B
| $10.5M | ﹤0.01% |
144,000
+5,600
| +4% | +$421K |
|
2433
PUT
Repligen
RGEN
$9.45B
| $10.5M | ﹤0.01% |
74,100
+16,300
| +28% | +$2.61M |
|
2434
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.88B
| $10.5M | ﹤0.01% |
+255,548
| New | +$10.5M |
|
2435
VanEck Oil Services ETF
OIH
$1.95B
| $10.5M | ﹤0.01% |
36,370
-66,032
| -64% | -$17.9M |
|
|
MDC
2436
PUT
DELISTED
M.D.C. Holdings, Inc.
MDC
| $10.5M | ﹤0.01% |
223,500
-442,900
| -66% | -$18.4M |
|
|
SPR
2437
DELISTED
Spirit AeroSystems
SPR
| $10.4M | ﹤0.01% |
357,762
+110,958
| +45% | +$3.2M |
|
2438
CALL
Kinsale Capital Group
KNSL
$8.59B
| $10.4M | ﹤0.01% |
27,900
+1,900
| +7% | +$631K |
|
2439
Synchrony
SYF
$26.1B
| $10.4M | ﹤0.01% |
307,732
-83,161
| -21% | -$2.54M |
|
2440
CALL
BJs Wholesale Club
BJ
$11.9B
| $10.4M | ﹤0.01% |
165,300
-334,400
| -67% | -$23.1M |
|
2441
CALL
Eos Energy Enterprises
EOSE
$1.51B
| $10.4M | ﹤0.01% |
2,398,000
+2,262,400
| +1,668% | +$5.94M |
|
2442
PUT
Array Technologies
ARRY
$796M
| $10.4M | ﹤0.01% |
460,200
+152,500
| +50% | +$3.26M |
|
|
ISEE
2443
PUT
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $10.4M | ﹤0.01% |
264,200
-89,400
| -25% | -$3.16M |
|
|
OPTU
2444
Optimum Communications Inc
OPTU
$228M
| $10.4M | ﹤0.01% |
3,438,543
+2,490,555
| +263% | +$7.07M |
|
2445
CALL
Doximity
DOCS
$4.74B
| $10.4M | ﹤0.01% |
305,100
-29,200
| -9% | -$972K |
|
2446
PUT
Impinj
PI
$5.46B
| $10.4M | ﹤0.01% |
115,600
+96,100
| +493% | +$10.2M |
|
2447
CALL
iShares Core S&P Total US Stock Market ETF
ITOT
$98.5B
| $10.4M | ﹤0.01% |
105,800
+27,200
| +35% | +$2.51M |
|
2448
Carnival Corporation Ltd
CCL
$38.9B
| $10.3M | ﹤0.01% |
549,455
-4,389,323
| -89% | -$51.4M |
|
2449
Rambus
RMBS
$10.8B
| $10.3M | ﹤0.01% |
160,909
+99,231
| +161% | +$5.46M |
|
|
LAZR
2450
PUT
DELISTED
Luminar Technologies
LAZR
| $10.3M | ﹤0.01% |
99,947
-1,640
| -2% | -$155K |
|
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.