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 | |
|---|---|---|---|---|---|---|
6026
Fennec Pharmaceuticals
FENC
$411M
| $1.34M | ﹤0.01% |
161,320
+53,707
| +50% | +$498K |
|
6027
First Trust S&P REIT Index Fund
FRI
$197M
| $1.34M | ﹤0.01% |
55,114
-96,676
| -64% | -$2.42M |
|
|
SNBR
6028
CALL
DELISTED
Sleep Number
SNBR
| $1.34M | ﹤0.01% |
44,100
+31,700
| +256% | +$1.04M |
|
6029
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.48B
| $1.34M | ﹤0.01% |
74,328
+34,116
| +85% | +$618K |
|
6030
CALL
National Bank Holdings
NBHC
$1.92B
| $1.34M | ﹤0.01% |
+40,000
| New | +$1.6M |
|
6031
Bank of Montreal
BMO
$130B
| $1.34M | ﹤0.01% |
+15,000
| New | +$1.42M |
|
6032
AutoNation
AN
$6.85B
| $1.34M | ﹤0.01% |
9,945
-66,838
| -87% | -$8.58M |
|
6033
CALL
Lincoln Electric
LECO
$15.5B
| $1.34M | ﹤0.01% |
7,900
+900
| +13% | +$148K |
|
|
GLOP
6034
PUT
DELISTED
GASLOG PARTNERS LP
GLOP
| $1.34M | ﹤0.01% |
158,600
+2,200
| +1% | +$17.8K |
|
6035
CALL
UFP Industries
UFPI
$4.84B
| $1.34M | ﹤0.01% |
16,800
+13,400
| +394% | +$1.15M |
|
6036
CALL
eHealth
EHTH
$39.1M
| $1.33M | ﹤0.01% |
142,600
+56,500
| +66% | +$444K |
|
6037
PUT
Cavco Industries
CVCO
$4.6B
| $1.33M | ﹤0.01% |
4,200
+3,100
| +282% | +$858K |
|
6038
PUT
Arcus Biosciences
RCUS
$3.76B
| $1.33M | ﹤0.01% |
73,100
-106,500
| -59% | -$2.04M |
|
6039
Reliance Steel & Aluminium
RS
$21.7B
| $1.33M | ﹤0.01% |
5,192
-35,784
| -87% | -$8.43M |
|
6040
PUT
Packaging Corp of America
PKG
$22.5B
| $1.33M | ﹤0.01% |
9,600
+3,900
| +68% | +$530K |
|
|
CSII
6041
PUT
DELISTED
Cardiovascular Systems, Inc.
CSII
| $1.33M | ﹤0.01% |
67,100
+57,000
| +564% | +$984K |
|
6042
PUT
Petrobras Class A
PBR.A
$105B
| $1.33M | ﹤0.01% |
143,500
+79,600
| +125% | +$768K |
|
6043
PUT
Agree Realty
ADC
$9.21B
| $1.33M | ﹤0.01% |
19,400
+9,500
| +96% | +$678K |
|
6044
CALL
WisdomTree Emerging Markets High Dividend Fund
DEM
$4.11B
| $1.33M | ﹤0.01% |
35,100
+1,400
| +4% | +$52.8K |
|
|
EVA
6045
CALL
DELISTED
Enviva Inc.
EVA
| $1.33M | ﹤0.01% |
46,000
-56,700
| -55% | -$2.31M |
|
6046
Stepan Co
SCL
$1.47B
| $1.33M | ﹤0.01% |
12,887
+5,773
| +81% | +$606K |
|
6047
Franklin FTSE South Korea ETF
FLKR
$1.66B
| $1.33M | ﹤0.01% |
+63,158
| New | +$1.33M |
|
6048
PROG Holdings
PRG
$1.69B
| $1.33M | ﹤0.01% |
55,754
+41,854
| +301% | +$941K |
|
|
BCLI
6049
DELISTED
BRAINSTORM CELL THERAPUTC
BCLI
| $1.33M | ﹤0.01% |
26,784
+19,713
| +279% | +$572K |
|
6050
CALL
Viridian Therapeutics
VRDN
$2.62B
| $1.33M | ﹤0.01% |
52,100
+7,300
| +16% | +$234K |
|
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.