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 | |
|---|---|---|---|---|---|---|
4026
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $3.42M | ﹤0.01% |
34,096
-23,356
| -41% | -$2.31M |
|
4027
PUT
Costamare
CMRE
$1.77B
| $3.41M | ﹤0.01% |
362,900
+150,500
| +71% | +$1.48M |
|
4028
PUT
Tower Semiconductor
TSEM
$30B
| $3.41M | ﹤0.01% |
80,400
+28,500
| +55% | +$1.19M |
|
4029
CALL
FTI Consulting
FCN
$4.19B
| $3.41M | ﹤0.01% |
17,300
+10,200
| +144% | +$1.77M |
|
4030
Zurn Elkay Water Solutions
ZWS
$8.45B
| $3.41M | ﹤0.01% |
+159,708
| New | +$3.51M |
|
4031
National Vision
EYE
$1.53B
| $3.41M | ﹤0.01% |
181,036
+168,716
| +1,369% | +$5.49M |
|
4032
PUT
Edison International
EIX
$27.5B
| $3.41M | ﹤0.01% |
48,300
-275,800
| -85% | -$18.6M |
|
4033
PUT
Polestar Automotive Holding UK
PSNY
$2.06B
| $3.41M | ﹤0.01% |
29,973
-15,317
| -34% | -$2.33M |
|
4034
CALL
RenaissanceRe
RNR
$13.4B
| $3.41M | ﹤0.01% |
17,000
+6,600
| +63% | +$1.33M |
|
|
PINC
4035
CALL
DELISTED
Premier
PINC
| $3.4M | ﹤0.01% |
105,100
+55,500
| +112% | +$1.82M |
|
4036
PUT
Stem
STEM
$61M
| $3.4M | ﹤0.01% |
29,965
+16,540
| +123% | +$2.8M |
|
|
ARNC
4037
CALL
DELISTED
Arconic Corporation
ARNC
| $3.4M | ﹤0.01% |
129,500
-69,800
| -35% | -$1.72M |
|
4038
Vaxcyte
PCVX
$8.64B
| $3.4M | ﹤0.01% |
90,605
+74,647
| +468% | +$3.17M |
|
4039
NETSCOUT
NTCT
$2.88B
| $3.39M | ﹤0.01% |
118,475
+69,453
| +142% | +$2.08M |
|
4040
CALL
CoStar Group
CSGP
$13.1B
| $3.39M | ﹤0.01% |
49,300
-110,000
| -69% | -$8.12M |
|
|
SRG
4041
PUT
Seritage Growth Properties
SRG
$128M
| $3.39M | ﹤0.01% |
431,200
+249,200
| +137% | +$2.76M |
|
4042
Korn Ferry
KFY
$4.32B
| $3.39M | ﹤0.01% |
+65,516
| New | +$3.54M |
|
4043
First Merchants
FRME
$2.74B
| $3.39M | ﹤0.01% |
102,876
+85,263
| +484% | +$3.38M |
|
4044
PUT
iShares International Select Dividend ETF
IDV
$8.59B
| $3.39M | ﹤0.01% |
123,200
+110,900
| +902% | +$3.12M |
|
4045
Lemonade
LMND
$4.07B
| $3.39M | ﹤0.01% |
237,440
+25,367
| +12% | +$386K |
|
4046
Orion
OEC
$364M
| $3.39M | ﹤0.01% |
129,756
+86,664
| +201% | +$1.96M |
|
4047
CALL
AbCellera Biologics
ABCL
$3.49B
| $3.38M | ﹤0.01% |
448,300
-109,700
| -20% | -$996K |
|
4048
CALL
SM Energy
SM
$8.03B
| $3.38M | ﹤0.01% |
120,000
-110,100
| -48% | -$3.36M |
|
4049
AGNC Investment
AGNC
$13B
| $3.38M | ﹤0.01% |
335,216
+217,410
| +185% | +$2.36M |
|
4050
CALL
Krystal Biotech
KRYS
$9.83B
| $3.38M | ﹤0.01% |
42,200
+22,400
| +113% | +$1.76M |
|
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.