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 | |
|---|---|---|---|---|---|---|
|
CNR
4326
Core Natural Resources Inc
CNR
$4.76B
| $2.94M | ﹤0.01% |
50,504
-63,811
| -56% | -$3.64M |
|
4327
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.74B
| $2.94M | ﹤0.01% |
+36,909
| New | +$2.91M |
|
|
BKI
4328
CALL
DELISTED
Black Knight, Inc. Common Stock
BKI
| $2.94M | ﹤0.01% |
51,100
-151,400
| -75% | -$9.06M |
|
4329
PUT
CoreCivic
CXW
$3.25B
| $2.94M | ﹤0.01% |
319,700
+106,500
| +50% | +$1.09M |
|
|
AJRD
4330
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $2.94M | ﹤0.01% |
52,327
+22,815
| +77% | +$1.28M |
|
4331
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$423M
| $2.94M | ﹤0.01% |
+126,511
| New | +$2.96M |
|
4332
CALL
Vaxcyte
PCVX
$8.64B
| $2.94M | ﹤0.01% |
78,400
-98,200
| -56% | -$4.17M |
|
4333
Hamilton Lane
HLNE
$5.74B
| $2.94M | ﹤0.01% |
39,686
+30,694
| +341% | +$2.27M |
|
4334
PUT
Unum
UNM
$14.8B
| $2.94M | ﹤0.01% |
74,200
-39,000
| -34% | -$1.61M |
|
4335
CALL
Sally Beauty Holdings
SBH
$1.54B
| $2.93M | ﹤0.01% |
188,100
-2,900
| -2% | -$45.1K |
|
4336
PUT
Target Hospitality
TH
$1.74B
| $2.93M | ﹤0.01% |
223,000
-139,200
| -38% | -$2.23M |
|
|
ASRT
4337
CALL
DELISTED
Assertio
ASRT
| $2.93M | ﹤0.01% |
30,667
+11,354
| +59% | +$855K |
|
4338
CALL
Limbach Holdings
LMB
$543M
| $2.93M | ﹤0.01% |
169,300
+26,300
| +18% | +$357K |
|
4339
Tenet Healthcare
THC
$21.6B
| $2.93M | ﹤0.01% |
+49,286
| New | +$2.74M |
|
4340
CALL
Stem
STEM
$61M
| $2.93M | ﹤0.01% |
25,825
-10,060
| -28% | -$1.7M |
|
4341
Citizens Financial Services
CZFS
$397M
| $2.92M | ﹤0.01% |
+36,061
| New | +$2.81M |
|
|
BERY
4342
DELISTED
Berry Global Group, Inc.
BERY
| $2.92M | ﹤0.01% |
54,059
+27,715
| +105% | +$1.53M |
|
4343
CALL
XPO
XPO
$24.7B
| $2.92M | ﹤0.01% |
91,600
-65,200
| -42% | -$2.35M |
|
|
SPYM
4344
PUT
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $2.92M | ﹤0.01% |
60,600
+15,000
| +33% | +$704K |
|
4345
Maximus
MMS
$2.89B
| $2.92M | ﹤0.01% |
37,076
+15,432
| +71% | +$1.19M |
|
|
ATXS
4346
DELISTED
Astria Therapeutics
ATXS
| $2.92M | ﹤0.01% |
219,312
+109,828
| +100% | +$1.48M |
|
4347
CALL
Biohaven
BHVN
$2.21B
| $2.92M | ﹤0.01% |
213,500
+56,800
| +36% | +$904K |
|
4348
Ultragenyx Pharmaceutical
RARE
$2.61B
| $2.92M | ﹤0.01% |
72,713
+58,324
| +405% | +$2.5M |
|
|
ATSG
4349
DELISTED
Air Transport Services Group
ATSG
| $2.91M | ﹤0.01% |
139,836
+103,418
| +284% | +$2.5M |
|
4350
PUT
Entegris
ENTG
$24.7B
| $2.91M | ﹤0.01% |
35,500
-23,100
| -39% | -$1.87M |
|
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.