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 | |
|---|---|---|---|---|---|---|
3451
Fate Therapeutics
FATE
$308M
| $4.97M | ﹤0.01% |
872,214
+835,597
| +2,282% | +$5.04M |
|
3452
CALL
Box
BOX
$4.52B
| $4.97M | ﹤0.01% |
185,500
-6,200
| -3% | -$187K |
|
3453
CALL
Verisk Analytics
VRSK
$23.6B
| $4.97M | ﹤0.01% |
25,900
-8,500
| -25% | -$1.54M |
|
3454
PUT
iShares Russell 1000 Value ETF
IWD
$84.2B
| $4.96M | ﹤0.01% |
32,600
-3,200
| -9% | -$494K |
|
3455
PUT
iShares US Regional Banks ETF
IAT
$693M
| $4.96M | ﹤0.01% |
+138,600
| New | +$6.48M |
|
|
FAZ
3456
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$84.6M
| $4.96M | ﹤0.01% |
22,500
-7,050
| -24% | -$1.31M |
|
3457
NewtekOne
NEWT
$376M
| $4.96M | ﹤0.01% |
387,301
-13,052
| -3% | -$215K |
|
3458
CALL
Invesco DB Commodity Index Tracking Fund
DBC
$1.73B
| $4.95M | ﹤0.01% |
208,700
-230,800
| -53% | -$5.52M |
|
3459
PUT
HDFC Bank
HDB
$120B
| $4.95M | ﹤0.01% |
148,600
+96,600
| +186% | +$3.23M |
|
|
HCP
3460
CALL
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $4.95M | ﹤0.01% |
169,100
-32,800
| -16% | -$979K |
|
3461
PUT
Global Ship Lease
GSL
$1.52B
| $4.95M | ﹤0.01% |
264,100
-36,300
| -12% | -$678K |
|
3462
AXIS Capital
AXS
$7.38B
| $4.95M | ﹤0.01% |
+90,777
| New | +$5.27M |
|
3463
Globe Life
GL
$14.1B
| $4.94M | ﹤0.01% |
44,904
-534
| -1% | -$62.7K |
|
3464
PUT
Sprott Uranium Miners ETF
URNM
$2B
| $4.94M | ﹤0.01% |
157,400
-144,500
| -48% | -$4.83M |
|
3465
Silicon Laboratories
SLAB
$7.29B
| $4.94M | ﹤0.01% |
28,196
+2,417
| +9% | +$406K |
|
3466
New Oriental
EDU
$8.36B
| $4.94M | ﹤0.01% |
127,828
+108,042
| +546% | +$4.37M |
|
3467
PUT
Olin
OLN
$2.18B
| $4.93M | ﹤0.01% |
88,800
-137,900
| -61% | -$7.89M |
|
3468
Churchill Downs
CHDN
$6.33B
| $4.92M | ﹤0.01% |
38,316
+27,804
| +264% | +$3.35M |
|
3469
ArcBest
ARCB
$3.19B
| $4.92M | ﹤0.01% |
53,240
+37,291
| +234% | +$3.35M |
|
|
SJT
3470
PUT
San Juan Basin Royalty Trust
SJT
$131M
| $4.92M | ﹤0.01% |
467,600
+383,700
| +457% | +$3.98M |
|
3471
CALL
Vanguard FTSE Europe ETF
VGK
$31.1B
| $4.91M | ﹤0.01% |
80,600
-888,500
| -92% | -$53.1M |
|
3472
CALL
Neurocrine Biosciences
NBIX
$15.5B
| $4.91M | ﹤0.01% |
48,500
+12,900
| +36% | +$1.34M |
|
3473
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| $4.89M | ﹤0.01% |
100,300
+62,600
| +166% | +$3.07M |
|
|
WRK
3474
CALL
DELISTED
WestRock Company
WRK
| $4.89M | ﹤0.01% |
160,600
+74,800
| +87% | +$2.47M |
|
3475
Schwab Fundamental International Large Company Index ETF
FNDF
$25.9B
| $4.89M | ﹤0.01% |
+156,457
| New | +$4.84M |
|
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.