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 | |
|---|---|---|---|---|---|---|
6251
CALL
ONE Gas
OGS
$5.02B
| $1.21M | ﹤0.01% |
15,300
+7,700
| +101% | +$610K |
|
6252
Tenaris
TS
$27B
| $1.21M | ﹤0.01% |
42,653
+10,635
| +33% | +$350K |
|
6253
CALL
Mercury Systems
MRCY
$6.8B
| $1.21M | ﹤0.01% |
+23,700
| New | +$1.2M |
|
6254
Alcon
ALC
$35B
| $1.21M | ﹤0.01% |
17,163
+10,181
| +146% | +$724K |
|
6255
First Trust Health Care AlphaDEX Fund
FXH
$1.12B
| $1.21M | ﹤0.01% |
11,258
+8,239
| +273% | +$896K |
|
6256
Materion
MTRN
$5.98B
| $1.21M | ﹤0.01% |
+10,425
| New | +$1.04M |
|
6257
CALL
ProShares Ultra Financials
UYG
$838M
| $1.21M | ﹤0.01% |
28,600
+21,200
| +286% | +$1.02M |
|
|
JMIA
6258
Jumia Technologies
JMIA
$784M
| $1.21M | ﹤0.01% |
367,010
+246,455
| +204% | +$887K |
|
6259
PUT
Denison Mines
DNN
$2.88B
| $1.21M | ﹤0.01% |
1,107,600
-548,600
| -33% | -$678K |
|
6260
National Bankshares
NKSH
$272M
| $1.21M | ﹤0.01% |
38,325
+10,555
| +38% | +$418K |
|
6261
ProShares UltraShort Real Estate
SRS
$13.9M
| $1.21M | ﹤0.01% |
17,321
+9,761
| +129% | +$660K |
|
6262
CALL
Oaktree Specialty Lending
OCSL
$1.13B
| $1.21M | ﹤0.01% |
64,200
+49,367
| +333% | +$983K |
|
6263
iShares MSCI Europe Small-Cap ETF
IEUS
$184M
| $1.2M | ﹤0.01% |
+22,580
| New | +$1.21M |
|
6264
PUT
Corcept Therapeutics
CORT
$12.7B
| $1.2M | ﹤0.01% |
55,600
-57,800
| -51% | -$1.27M |
|
|
NS
6265
PUT
DELISTED
NuStar Energy L.P.
NS
| $1.2M | ﹤0.01% |
77,000
+42,100
| +121% | +$686K |
|
|
CFIV
6266
DELISTED
CF Acquisition Corp. IV Class A common stock
CFIV
| $1.2M | ﹤0.01% |
116,674
-21,278
| -15% | -$218K |
|
|
CRESY
6267
CALL
Cresud
CRESY
$750M
| $1.2M | ﹤0.01% |
196,719
+42,882
| +28% | +$281K |
|
6268
Innovator US Equity Power Buffer ETF May
PMAY
$816M
| $1.2M | ﹤0.01% |
+41,756
| New | +$1.19M |
|
6269
MGP Ingredients
MGPI
$382M
| $1.2M | ﹤0.01% |
12,442
+7,942
| +176% | +$776K |
|
6270
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$2.53B
| $1.2M | ﹤0.01% |
49,784
+23,217
| +87% | +$551K |
|
6271
Four Corners Property Trust
FCPT
$2.76B
| $1.2M | ﹤0.01% |
+44,785
| New | +$1.23M |
|
6272
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.8B
| $1.2M | ﹤0.01% |
26,364
-34,456
| -57% | -$1.57M |
|
6273
PUT
FerroAtlántica
GSM
$796M
| $1.2M | ﹤0.01% |
243,300
-555,900
| -70% | -$2.57M |
|
6274
Frontdoor
FTDR
$5.79B
| $1.2M | ﹤0.01% |
43,095
-21,590
| -33% | -$571K |
|
|
AIRC
6275
DELISTED
Apartment Income REIT Corp.
AIRC
| $1.2M | ﹤0.01% |
33,550
+9,223
| +38% | +$339K |
|
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.