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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.22B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$504M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$335M |
| 4 |
Bank of America
BAC
|
+$324M |
| 5 |
TSMC
TSM
|
+$297M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$1.62B |
| 2 |
Meta Platforms (Facebook)
META
|
+$471M |
| 3 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$396M |
| 4 |
NVIDIA
NVDA
|
+$391M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$275M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.31% |
| 2 | Consumer Discretionary | 1.61% |
| 3 | Financials | 1.35% |
| 4 | Healthcare | 1.15% |
| 5 | Communication Services | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2851
Alliance Resource Partners
ARLP
$3.27B
| $7.47M | ﹤0.01% |
370,283
-260,756
| -41% | -$5.34M |
|
2852
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $7.47M | ﹤0.01% |
239,143
-52,713
| -18% | -$1.69M |
|
2853
CALL
Viper Energy
VNOM
$15.2B
| $7.46M | ﹤0.01% |
266,600
-126,300
| -32% | -$3.79M |
|
2854
CALL
M/I Homes
MHO
$3.85B
| $7.46M | ﹤0.01% |
118,300
+90,000
| +318% | +$5.18M |
|
2855
CALL
Warner Music
WMG
$13.4B
| $7.46M | ﹤0.01% |
223,500
+137,700
| +160% | +$4.64M |
|
|
TRTN
2856
DELISTED
Triton International Limited
TRTN
| $7.44M | ﹤0.01% |
117,748
+80,065
| +212% | +$5.43M |
|
|
LTHM
2857
CALL
DELISTED
Livent Corporation
LTHM
| $7.44M | ﹤0.01% |
342,700
+11,500
| +3% | +$266K |
|
2858
Lattice Semiconductor
LSCC
$18.5B
| $7.44M | ﹤0.01% |
77,939
+73,916
| +1,837% | +$6.09M |
|
2859
CALL
Dorchester Minerals
DMLP
$1.36B
| $7.44M | ﹤0.01% |
245,500
-16,600
| -6% | -$491K |
|
2860
Rithm Capital
RITM
$5.79B
| $7.44M | ﹤0.01% |
929,417
-1,973,046
| -68% | -$17.4M |
|
2861
Golar LNG
GLNG
$5.36B
| $7.43M | ﹤0.01% |
344,049
-165,588
| -32% | -$3.71M |
|
2862
Tyler Technologies
TYL
$13.5B
| $7.43M | ﹤0.01% |
20,953
+2,149
| +11% | +$699K |
|
2863
iShares MSCI ACWI ex US ETF
ACWX
$12B
| $7.43M | ﹤0.01% |
152,277
+85,056
| +127% | +$4.1M |
|
2864
PUT
Beam Therapeutics
BEAM
$2.76B
| $7.42M | ﹤0.01% |
242,300
+126,300
| +109% | +$4.98M |
|
|
XM
2865
CALL
DELISTED
Qualtrics International Inc. Class A Common Stock
XM
| $7.41M | ﹤0.01% |
415,700
+175,200
| +73% | +$2.68M |
|
2866
PUT
Organon & Co
OGN
$3.6B
| $7.41M | ﹤0.01% |
315,100
+186,800
| +146% | +$5.02M |
|
|
VTLE
2867
PUT
DELISTED
Vital Energy
VTLE
| $7.4M | ﹤0.01% |
162,600
-52,500
| -24% | -$2.62M |
|
2868
Trimble
TRMB
$13.4B
| $7.4M | ﹤0.01% |
141,232
+41,244
| +41% | +$2.2M |
|
2869
Azenta
AZTA
$1.46B
| $7.37M | ﹤0.01% |
165,222
+111,602
| +208% | +$5.53M |
|
2870
CALL
HEICO Corp
HEI
$52.4B
| $7.37M | ﹤0.01% |
43,100
+13,500
| +46% | +$2.27M |
|
2871
CALL
Lantheus
LNTH
$6.59B
| $7.36M | ﹤0.01% |
89,200
+59,400
| +199% | +$3.83M |
|
2872
CALL
iShares US Medical Devices ETF
IHI
$3.46B
| $7.36M | ﹤0.01% |
136,400
+48,600
| +55% | +$2.59M |
|
2873
RenaissanceRe
RNR
$13.4B
| $7.35M | ﹤0.01% |
36,672
+15,471
| +73% | +$3.12M |
|
2874
CALL
Shoals Technologies Group
SHLS
$1.42B
| $7.34M | ﹤0.01% |
322,000
+152,800
| +90% | +$3.77M |
|
2875
CALL
Marqeta
MQ
$1.7B
| $7.33M | ﹤0.01% |
400,900
+66,800
| +20% | +$1.49M |
|
Similar funds
Susquehanna International Group's Q1 2023 Portfolio in Review
As of Q1 2023, Susquehanna International Group held 14,310 positions worth $470B, up 19% from $395B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Susquehanna International Group deployed $24.4B of net new capital in Q1 2023, opening 2,075 new positions and adding to 5,756 existing holdings. Its largest new stake was Schwab US Aggregate Bond ETF: 2,949,950 shares worth $69.2M.
By sector, the portfolio is most concentrated in Technology at 2.3% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Tesla, an estimated $1.62B trimmed.
- Susquehanna International Group's largest Q1 2023 buy was Schwab US Aggregate Bond ETF: 2,949,950 shares worth $69.2M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2023, an estimated $1.22B increase.
- Susquehanna International Group's biggest Q1 2023 reduction was Tesla, cutting an estimated $1.62B.
- Susquehanna International Group fully exited NextEra Energy, Inc. 5.279% Corporate Units in Q1 2023, selling an estimated $61.5M.
- Susquehanna International Group's ten largest holdings make up 30% of its $470B portfolio in Q1 2023.
- Susquehanna International Group opened 2,075 new positions and closed 1,856 in Q1 2023.
- Susquehanna International Group's portfolio value rose 19% quarter-over-quarter to $470B.
Based on Susquehanna International Group's 13F filing for Q1 2023, filed 16 May 2023.