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 | |
|---|---|---|---|---|---|---|
2451
PUT
Trane Technologies
TT
$105B
| $10.3M | ﹤0.01% |
53,900
+34,600
| +179% | +$6.14M |
|
2452
PUT
Sanofi
SNY
$105B
| $10.3M | ﹤0.01% |
191,200
-127,300
| -40% | -$6.85M |
|
2453
PUT
NovoCure
NVCR
$2.02B
| $10.3M | ﹤0.01% |
248,300
+155,600
| +168% | +$9.66M |
|
2454
PUT
Factset
FDS
$10.2B
| $10.3M | ﹤0.01% |
25,700
-700
| -3% | -$282K |
|
2455
CALL
Target Hospitality
TH
$1.62B
| $10.3M | ﹤0.01% |
765,100
+102,000
| +15% | +$1.41M |
|
|
ESTE
2456
PUT
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $10.3M | ﹤0.01% |
718,000
+155,700
| +28% | +$2.08M |
|
2457
CALL
Charles River Laboratories
CRL
$13.4B
| $10.3M | ﹤0.01% |
48,800
+8,600
| +21% | +$1.71M |
|
2458
CALL
LegalZoom.com
LZ
$993M
| $10.2M | ﹤0.01% |
846,800
+338,200
| +66% | +$3.58M |
|
2459
iShares US Transportation ETF
IYT
$2.3B
| $10.2M | ﹤0.01% |
163,524
-51,336
| -24% | -$2.94M |
|
|
BRSL
2460
Brightstar Lottery PLC
BRSL
$2.15B
| $10.2M | ﹤0.01% |
319,716
+185,640
| +138% | +$5.16M |
|
2461
Sibanye-Stillwater
SBSW
$7.42B
| $10.2M | ﹤0.01% |
1,633,005
+908,840
| +126% | +$7.17M |
|
2462
PUT
Rockwell Automation
ROK
$49.5B
| $10.2M | ﹤0.01% |
30,900
+6,300
| +26% | +$1.82M |
|
2463
CALL
Commercial Metals
CMC
$7.98B
| $10.2M | ﹤0.01% |
193,200
+22,300
| +13% | +$1.04M |
|
2464
CALL
Bank of Hawaii
BOH
$3.15B
| $10.2M | ﹤0.01% |
246,600
+166,500
| +208% | +$7.37M |
|
2465
CALL
Azenta
AZTA
$1.49B
| $10.2M | ﹤0.01% |
217,700
-10,700
| -5% | -$468K |
|
2466
CALL
Amplify Blockchain Technology ETF
BLOK
$1.07B
| $10.1M | ﹤0.01% |
445,600
+272,200
| +157% | +$5.47M |
|
2467
International Seaways
INSW
$4.71B
| $10.1M | ﹤0.01% |
265,064
+115,362
| +77% | +$4.42M |
|
2468
CALL
Madison Square Garden
MSGS
$9.94B
| $10.1M | ﹤0.01% |
53,900
-10,800
| -17% | -$2.04M |
|
2469
PUT
Raymond James Financial
RJF
$34.8B
| $10.1M | ﹤0.01% |
97,600
+63,100
| +183% | +$5.86M |
|
2470
CALL
Gen Digital
GEN
$17.7B
| $10.1M | ﹤0.01% |
545,700
+76,900
| +16% | +$1.35M |
|
2471
Qorvo
QRVO
$8.68B
| $10.1M | ﹤0.01% |
99,139
-84,531
| -46% | -$8.11M |
|
2472
Vipshop
VIPS
$6.8B
| $10.1M | ﹤0.01% |
612,101
+460,204
| +303% | +$7.21M |
|
2473
PUT
Chord Energy
CHRD
$7.35B
| $10.1M | ﹤0.01% |
65,600
-62,300
| -49% | -$9.04M |
|
2474
CALL
ARK Genomic Revolution ETF
ARKG
$1.78B
| $10.1M | ﹤0.01% |
295,800
-157,000
| -35% | -$4.93M |
|
|
PR
2475
PUT
Permian Resources
PR
$17.7B
| $10.1M | ﹤0.01% |
920,000
+78,900
| +9% | +$807K |
|
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.