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 | |
|---|---|---|---|---|---|---|
2501
PUT
Nasdaq
NDAQ
$54.2B
| $9.56M | ﹤0.01% |
174,800
-14,100
| -7% | -$815K |
|
2502
PUT
Canadian National Railway
CNI
$76.7B
| $9.56M | ﹤0.01% |
81,000
-146,800
| -64% | -$17.4M |
|
|
VTLE
2503
CALL
DELISTED
Vital Energy
VTLE
| $9.55M | ﹤0.01% |
209,800
-289,900
| -58% | -$14.5M |
|
2504
CALL
Cirrus Logic
CRUS
$6.07B
| $9.55M | ﹤0.01% |
87,300
+20,400
| +30% | +$1.99M |
|
2505
Costamare
CMRE
$1.77B
| $9.54M | ﹤0.01% |
1,013,386
+244,172
| +32% | +$2.41M |
|
|
HZNP
2506
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $9.53M | ﹤0.01% |
87,300
-176,100
| -67% | -$19.5M |
|
2507
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.52B
| $9.52M | ﹤0.01% |
295,681
+8,564
| +3% | +$313K |
|
2508
PUT
Vanguard Total International Stock ETF
VXUS
$164B
| $9.51M | ﹤0.01% |
172,300
+153,600
| +821% | +$8.39M |
|
2509
CALL
ProShares Ultra Silver
AGQ
$1.43B
| $9.5M | ﹤0.01% |
304,100
-229,900
| -43% | -$6.4M |
|
2510
Silicon Motion
SIMO
$9.12B
| $9.48M | ﹤0.01% |
144,640
+6,002
| +4% | +$394K |
|
|
ARI
2511
PUT
Apollo Commercial Real Estate
ARI
$876M
| $9.46M | ﹤0.01% |
1,016,500
+946,200
| +1,346% | +$10.5M |
|
|
ESTE
2512
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $9.46M | ﹤0.01% |
727,357
-127,037
| -15% | -$1.7M |
|
2513
PUT
Fortive
FTV
$18.6B
| $9.46M | ﹤0.01% |
184,188
+174,235
| +1,751% | +$8.77M |
|
2514
Zebra Technologies
ZBRA
$17.8B
| $9.45M | ﹤0.01% |
29,719
-2,414
| -8% | -$729K |
|
2515
PUT
TG Therapeutics
TGTX
$7.46B
| $9.44M | ﹤0.01% |
627,900
-240,200
| -28% | -$3.65M |
|
|
ISEE
2516
CALL
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $9.44M | ﹤0.01% |
387,800
+42,300
| +12% | +$926K |
|
2517
PUT
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $9.43M | ﹤0.01% |
172,800
-12,800
| -7% | -$695K |
|
2518
Chegg
CHGG
$87.5M
| $9.43M | ﹤0.01% |
578,738
+543,742
| +1,554% | +$10.2M |
|
2519
Sunrun
RUN
$2.45B
| $9.43M | ﹤0.01% |
468,123
+371,166
| +383% | +$8.66M |
|
2520
Alcoa
AA
$13.2B
| $9.43M | ﹤0.01% |
221,594
-250,912
| -53% | -$12.1M |
|
2521
Maravai LifeSciences
MRVI
$849M
| $9.43M | ﹤0.01% |
673,111
+517,180
| +332% | +$7.43M |
|
2522
CALL
Cinemark Holdings
CNK
$4.33B
| $9.42M | ﹤0.01% |
637,000
+50,900
| +9% | +$618K |
|
|
ONC
2523
PUT
BeOne Medicines Ltd
ONC
$39.3B
| $9.4M | ﹤0.01% |
43,600
+4,600
| +12% | +$1.1M |
|
|
PACW
2524
PUT
DELISTED
PacWest Bancorp
PACW
| $9.4M | ﹤0.01% |
965,600
+936,100
| +3,173% | +$20.8M |
|
2525
PUT
Planet Fitness
PLNT
$3.8B
| $9.39M | ﹤0.01% |
120,900
+17,100
| +16% | +$1.37M |
|
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 1,857 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.