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 | |
|---|---|---|---|---|---|---|
2651
PUT
Viatris
VTRS
$18.6B
| $8.56M | ﹤0.01% |
889,600
-230,600
| -21% | -$2.56M |
|
2652
PUT
Cullen/Frost Bankers
CFR
$10.6B
| $8.54M | ﹤0.01% |
81,100
+37,700
| +87% | +$4.69M |
|
2653
CALL
Cal-Maine
CALM
$3.8B
| $8.54M | ﹤0.01% |
140,300
+41,300
| +42% | +$2.3M |
|
|
K
2654
DELISTED
Kellanova
K
| $8.54M | ﹤0.01% |
135,781
-14,292
| -10% | -$903K |
|
2655
PUT
Vanguard Morningstar Value ETF
VTV
$194B
| $8.54M | ﹤0.01% |
61,800
-8,200
| -12% | -$1.15M |
|
2656
Alkermes
ALKS
$8.23B
| $8.53M | ﹤0.01% |
302,758
+181,141
| +149% | +$4.94M |
|
2657
iShares S&P Small-Cap 600 Value ETF
IJS
$8.45B
| $8.53M | ﹤0.01% |
91,160
+62,948
| +223% | +$6.15M |
|
2658
Whirlpool
WHR
$2.7B
| $8.53M | ﹤0.01% |
64,610
+26,008
| +67% | +$3.7M |
|
2659
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$329M
| $8.53M | ﹤0.01% |
48,160
-41,700
| -46% | -$8.17M |
|
|
SPR
2660
DELISTED
Spirit AeroSystems
SPR
| $8.52M | ﹤0.01% |
246,804
+87,758
| +55% | +$2.94M |
|
2661
PUT
Invesco DB US Dollar Index Bearish Fund
UDN
$109M
| $8.51M | ﹤0.01% |
453,500
-143,900
| -24% | -$2.67M |
|
2662
Howard Hughes
HHH
$3.98B
| $8.51M | ﹤0.01% |
111,523
-124,483
| -53% | -$9.69M |
|
2663
PUT
Teledyne Technologies
TDY
$31.5B
| $8.5M | ﹤0.01% |
19,000
-2,900
| -13% | -$1.23M |
|
2664
Patterson-UTI
PTEN
$4.34B
| $8.5M | ﹤0.01% |
726,371
+549,321
| +310% | +$8.02M |
|
2665
CALL
Canadian Imperial Bank of Commerce
CM
$113B
| $8.49M | ﹤0.01% |
200,200
+52,600
| +36% | +$2.31M |
|
2666
Evergy
EVRG
$19.4B
| $8.49M | ﹤0.01% |
138,895
+53,088
| +62% | +$3.23M |
|
2667
PUT
Revvity
RVTY
$13B
| $8.49M | ﹤0.01% |
63,700
+26,100
| +69% | +$3.44M |
|
2668
PUT
AvalonBay Communities
AVB
$26.3B
| $8.49M | ﹤0.01% |
50,500
+13,600
| +37% | +$2.32M |
|
2669
ProShares UltraPro Short 20+ Year Treasury
TTT
$18.6M
| $8.48M | ﹤0.01% |
139,211
+115,775
| +494% | +$7.57M |
|
2670
PUT
Willis Towers Watson
WTW
$30.8B
| $8.48M | ﹤0.01% |
36,500
+14,100
| +63% | +$3.41M |
|
2671
CALL
United States Gasoline Fund
UGA
$138M
| $8.48M | ﹤0.01% |
139,500
-129,700
| -48% | -$7.66M |
|
|
WCN
2672
CALL
Waste Connections
WCN
$41.8B
| $8.47M | ﹤0.01% |
60,900
-1,200
| -2% | -$160K |
|
2673
CALL
Sun Communities
SUI
$15B
| $8.47M | ﹤0.01% |
60,100
+44,100
| +276% | +$6.44M |
|
2674
W.R. Berkley
WRB
$26.2B
| $8.47M | ﹤0.01% |
203,945
+80,358
| +65% | +$3.6M |
|
2675
CALL
InfraCap MLP ETF
AMZA
$484M
| $8.46M | ﹤0.01% |
266,600
+153,800
| +136% | +$5.02M |
|
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.