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 | |
|---|---|---|---|---|---|---|
4376
CALL
FIGS
FIGS
$2.44B
| $2.87M | ﹤0.01% |
464,100
+258,400
| +126% | +$1.99M |
|
4377
Suburban Propane Partners
SPH
$1.18B
| $2.87M | ﹤0.01% |
187,499
+32,252
| +21% | +$499K |
|
4378
Core Alternative Capital
CCOR
$28.2M
| $2.87M | ﹤0.01% |
+96,229
| New | +$2.93M |
|
4379
PUT
Sunoco
SUN
$14.2B
| $2.87M | ﹤0.01% |
65,400
-112,800
| -63% | -$5.08M |
|
4380
CALL
ProShares UltraShort Dow 30
DXD
$42.7M
| $2.87M | ﹤0.01% |
67,000
-74,600
| -53% | -$3.22M |
|
4381
Eagle Materials
EXP
$6.4B
| $2.87M | ﹤0.01% |
19,556
+13,224
| +209% | +$1.87M |
|
4382
CALL
-1x Short VIX Futures ETF
SVIX
$173M
| $2.87M | ﹤0.01% |
173,800
+52,400
| +43% | +$868K |
|
|
AVDL
4383
CALL
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.87M | ﹤0.01% |
313,200
-158,300
| -34% | -$1.3M |
|
|
ECHO
4384
EchoStar
ECHO
$26.7B
| $2.87M | ﹤0.01% |
156,682
+5,049
| +3% | +$92.4K |
|
4385
PUT
Arrowhead Research
ARWR
$12.2B
| $2.87M | ﹤0.01% |
112,800
-60,900
| -35% | -$1.92M |
|
4386
iShares Core S&P Total US Stock Market ETF
ITOT
$98.3B
| $2.86M | ﹤0.01% |
+31,624
| New | +$2.81M |
|
4387
PUT
MKS Inc
MKSI
$21B
| $2.86M | ﹤0.01% |
32,300
+10,400
| +47% | +$993K |
|
4388
Trip.com Group
TCOM
$28.3B
| $2.86M | ﹤0.01% |
75,889
+42,103
| +125% | +$1.57M |
|
4389
DigitalBridge
DBRG
$2.94B
| $2.86M | ﹤0.01% |
238,305
+33,882
| +17% | +$426K |
|
4390
VanEck Biotech ETF
BBH
$424M
| $2.86M | ﹤0.01% |
17,620
+4,610
| +35% | +$746K |
|
4391
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.75B
| $2.85M | ﹤0.01% |
+58,072
| New | +$2.94M |
|
4392
Protagonist Therapeutics
PTGX
$10B
| $2.85M | ﹤0.01% |
124,084
+57,053
| +85% | +$958K |
|
4393
CALL
Invesco S&P 500 Low Volatility ETF
SPLV
$7.23B
| $2.85M | ﹤0.01% |
45,700
-93,800
| -67% | -$5.86M |
|
4394
PUT
Orion
OEC
$364M
| $2.85M | ﹤0.01% |
109,300
+5,100
| +5% | +$115K |
|
|
ROCC
4395
CALL
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $2.85M | ﹤0.01% |
69,800
-5,900
| -8% | -$242K |
|
4396
Entrada Therapeutics
TRDA
$290M
| $2.85M | ﹤0.01% |
196,513
+84,716
| +76% | +$1.13M |
|
4397
CALL
ProShares VIX Short-Term Futures ETF
VIXY
$188M
| $2.85M | ﹤0.01% |
15,740
+4,235
| +37% | +$826K |
|
4398
PUT
BellRing Brands
BRBR
$1.25B
| $2.85M | ﹤0.01% |
83,700
+44,300
| +112% | +$1.31M |
|
4399
PUT
RUM Group Inc
RUM
$3.7B
| $2.84M | ﹤0.01% |
284,200
-486,200
| -63% | -$4.38M |
|
4400
U-Haul Holding Co
UHAL
$14.4B
| $2.84M | ﹤0.01% |
47,631
+39,040
| +454% | +$2.46M |
|
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.