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 | |
|---|---|---|---|---|---|---|
3126
CALL
Ventas
VTR
$46.9B
| $6.07M | ﹤0.01% |
140,100
-83,500
| -37% | -$4.02M |
|
3127
State Street SPDR S&P Metals & Mining ETF
XME
$4.53B
| $6.07M | ﹤0.01% |
114,236
+99,862
| +695% | +$5.43M |
|
3128
PUT
FIVE9
FIVN
$2.47B
| $6.07M | ﹤0.01% |
84,000
-6,400
| -7% | -$458K |
|
3129
CALL
SandRidge Energy
SD
$520M
| $6.07M | ﹤0.01% |
421,200
-51,100
| -11% | -$781K |
|
3130
CALL
DoubleVerify
DV
$2.04B
| $6.07M | ﹤0.01% |
201,300
+80,700
| +67% | +$2.11M |
|
3131
Workiva
WK
$3.84B
| $6.06M | ﹤0.01% |
59,194
+45,844
| +343% | +$4.15M |
|
3132
Enterprise Products Partners
EPD
$84B
| $6.05M | ﹤0.01% |
233,738
-583,848
| -71% | -$15M |
|
3133
CALL
PagSeguro Digital
PAGS
$2.4B
| $6.05M | ﹤0.01% |
706,300
-449,200
| -39% | -$4.02M |
|
3134
CALL
Leidos
LDOS
$18B
| $6.05M | ﹤0.01% |
65,700
+28,600
| +77% | +$2.77M |
|
3135
Bio-Rad Laboratories Class A
BIO
$9.53B
| $6.05M | ﹤0.01% |
12,624
+3,427
| +37% | +$1.6M |
|
3136
CALL
Blink Charging
BLNK
$85.9M
| $6.04M | ﹤0.01% |
697,700
-109,200
| -14% | -$1.15M |
|
3137
PUT
Valaris
VAL
$5.95B
| $6.03M | ﹤0.01% |
92,700
-49,400
| -35% | -$3.44M |
|
3138
Avis
CAR
$4.87B
| $6.03M | ﹤0.01% |
30,955
+10,576
| +52% | +$2.12M |
|
3139
Sibanye-Stillwater
SBSW
$7.62B
| $6.03M | ﹤0.01% |
+724,165
| New | +$7.03M |
|
3140
CALL
Crown Holdings
CCK
$12.9B
| $6.01M | ﹤0.01% |
72,700
-57,300
| -44% | -$4.85M |
|
3141
Ecopetrol
EC
$35.3B
| $6.01M | ﹤0.01% |
569,180
+237,014
| +71% | +$2.57M |
|
3142
PUT
DaVita
DVA
$11.5B
| $6.01M | ﹤0.01% |
74,100
-17,000
| -19% | -$1.36M |
|
3143
CALL
Alcon
ALC
$35.9B
| $6.01M | ﹤0.01% |
85,200
+53,500
| +169% | +$3.81M |
|
3144
CALL
Bio-Techne
TECH
$11.3B
| $6.01M | ﹤0.01% |
81,000
+29,500
| +57% | +$2.27M |
|
|
3145
PUT
PagSeguro Digital
PAGS
$2.4B
| $6.01M | ﹤0.01% |
701,100
+37,200
| +6% | +$333K |
|
3146
PUT
JetBlue
JBLU
$2.13B
| $6M | ﹤0.01% |
824,700
-168,700
| -17% | -$1.33M |
|
3147
CALL
Ardelyx
ARDX
$1.05B
| $6M | ﹤0.01% |
1,253,200
-32,700
| -3% | -$110K |
|
3148
Comstock Resources
CRK
$4.13B
| $6M | ﹤0.01% |
556,197
-787,554
| -59% | -$9.36M |
|
3149
CALL
NNN REIT
NNN
$8.83B
| $6M | ﹤0.01% |
135,800
+55,600
| +69% | +$2.53M |
|
3150
Invesco CurrencyShares Swiss Franc Trust
FXF
$395M
| $6M | ﹤0.01% |
61,562
+33,400
| +119% | +$3.22M |
|
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.