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 | |
|---|---|---|---|---|---|---|
2926
CALL
California Resources
CRC
$4.73B
| $7.06M | ﹤0.01% |
183,500
+41,900
| +30% | +$1.73M |
|
2927
CALL
Delek US
DK
$4.01B
| $7.06M | ﹤0.01% |
307,700
-84,400
| -22% | -$2.11M |
|
2928
PUT
Tyler Technologies
TYL
$13.5B
| $7.06M | ﹤0.01% |
19,900
-300
| -1% | -$97.6K |
|
2929
Harrow
HROW
$1.5B
| $7.05M | ﹤0.01% |
333,221
+207,939
| +166% | +$3.55M |
|
|
SAVE
2930
DELISTED
Spirit Airlines, Inc.
SAVE
| $7.05M | ﹤0.01% |
410,370
+398,746
| +3,430% | +$7.45M |
|
|
ITCI
2931
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $7.04M | ﹤0.01% |
130,000
-13,800
| -10% | -$667K |
|
2932
CALL
Abercrombie & Fitch
ANF
$4.8B
| $7.03M | ﹤0.01% |
253,200
-97,000
| -28% | -$2.7M |
|
2933
ProShares Short VIX Short-Term Futures ETF
SVXY
$235M
| $7.02M | ﹤0.01% |
220,134
-32,816
| -13% | -$1.03M |
|
|
MAXR
2934
PUT
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $7.02M | ﹤0.01% |
137,400
-307,800
| -69% | -$15.8M |
|
2935
PUT
Camtek
CAMT
$7.72B
| $7.01M | ﹤0.01% |
247,400
-2,100
| -0.8% | -$56K |
|
2936
PUT
Wabtec
WAB
$50.5B
| $7.01M | ﹤0.01% |
69,400
+19,000
| +38% | +$1.94M |
|
|
BRSL
2937
PUT
Brightstar Lottery PLC
BRSL
$2.15B
| $7.01M | ﹤0.01% |
261,400
+1,500
| +0.6% | +$38.4K |
|
2938
CALL
iShares MSCI Canada ETF
EWC
$6.56B
| $7M | ﹤0.01% |
204,900
-220,500
| -52% | -$7.55M |
|
|
HBI
2939
PUT
DELISTED
Hanesbrands
HBI
| $7M | ﹤0.01% |
1,331,300
+38,600
| +3% | +$243K |
|
|
2940
Delek US
DK
$4.01B
| $7M | ﹤0.01% |
304,885
-351,470
| -54% | -$8.8M |
|
2941
Seadrill
SDRL
$3B
| $6.99M | ﹤0.01% |
+174,113
| New | +$6.82M |
|
2942
PUT
Reliance Steel & Aluminium
RS
$21.8B
| $6.98M | ﹤0.01% |
27,200
+18,300
| +206% | +$4.31M |
|
2943
CALL
United States Brent Oil Fund
BNO
$785M
| $6.98M | ﹤0.01% |
262,700
-365,600
| -58% | -$9.9M |
|
2944
CALL
Toast
TOST
$20.1B
| $6.98M | ﹤0.01% |
393,000
+23,400
| +6% | +$462K |
|
|
PPLI
2945
People Inc
PPLI
$3.01B
| $6.98M | ﹤0.01% |
164,780
-87,163
| -35% | -$3.73M |
|
2946
Brown-Forman Class B
BF.B
$13B
| $6.97M | ﹤0.01% |
108,513
+35,861
| +49% | +$2.33M |
|
|
EQC
2947
DELISTED
Equity Commonwealth
EQC
| $6.97M | ﹤0.01% |
336,396
+113,053
| +51% | +$2.62M |
|
2948
Calumet Specialty Products
CLMT
$4.19B
| $6.96M | ﹤0.01% |
400,597
+151,258
| +61% | +$2.69M |
|
2949
PUT
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.39B
| $6.96M | ﹤0.01% |
214
+87
| +69% | +$4.03M |
|
2950
Crown Holdings
CCK
$12.9B
| $6.96M | ﹤0.01% |
84,100
+9,008
| +12% | +$762K |
|
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.