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 | |
|---|---|---|---|---|---|---|
|
SPWR
2726
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $8.14M | ﹤0.01% |
587,800
-1,530,100
| -72% | -$24M |
|
|
AXON
2727
Axon Enterprise
AXON
$49.8B
| $8.13M | ﹤0.01% |
36,166
-12,263
| -25% | -$2.44M |
|
2728
First Trust Global Tactical Commodity Strategy Fund
FTGC
$3.09B
| $8.13M | ﹤0.01% |
346,123
+302,027
| +685% | +$7.18M |
|
2729
PUT
MasTec
MTZ
$23.9B
| $8.12M | ﹤0.01% |
86,000
+56,400
| +191% | +$5.36M |
|
2730
CALL
PennyMac Financial
PFSI
$4.05B
| $8.12M | ﹤0.01% |
136,200
-145,300
| -52% | -$8.99M |
|
2731
CALL
Charles River Laboratories
CRL
$13.4B
| $8.11M | ﹤0.01% |
40,200
-14,900
| -27% | -$3.38M |
|
|
SAGE
2732
CALL
DELISTED
Sage Therapeutics
SAGE
| $8.11M | ﹤0.01% |
193,300
+82,500
| +74% | +$3.55M |
|
2733
CALL
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $8.11M | ﹤0.01% |
116,000
+84,700
| +271% | +$5.98M |
|
|
XIFR
2734
PUT
XPLR Infrastructure LP
XIFR
$1.11B
| $8.11M | ﹤0.01% |
133,500
-18,500
| -12% | -$1.27M |
|
2735
PUT
Global X Uranium ETF
URA
$6.27B
| $8.11M | ﹤0.01% |
406,900
+249,500
| +159% | +$5.27M |
|
2736
CALL
CNX Resources
CNX
$5.28B
| $8.11M | ﹤0.01% |
506,200
-405,000
| -44% | -$6.44M |
|
2737
BlackLine
BL
$1.77B
| $8.1M | ﹤0.01% |
120,614
+92,068
| +323% | +$6.35M |
|
2738
CALL
Cincinnati Financial
CINF
$26.6B
| $8.09M | ﹤0.01% |
72,200
+15,800
| +28% | +$1.8M |
|
|
PRVB
2739
CALL
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $8.09M | ﹤0.01% |
335,500
-203,600
| -38% | -$2.55M |
|
2740
American Homes 4 Rent
AMH
$12.3B
| $8.08M | ﹤0.01% |
256,982
+213,623
| +493% | +$6.82M |
|
2741
PUT
Mid-America Apartment Communities
MAA
$15.5B
| $8.08M | ﹤0.01% |
53,500
+7,100
| +15% | +$1.13M |
|
2742
Guardant Health
GH
$21.1B
| $8.08M | ﹤0.01% |
344,682
+195,496
| +131% | +$5.58M |
|
2743
e.l.f. Beauty
ELF
$5.4B
| $8.05M | ﹤0.01% |
97,755
+50,187
| +106% | +$3.38M |
|
|
2744
CALL
MasTec
MTZ
$23.9B
| $8.05M | ﹤0.01% |
85,200
+13,600
| +19% | +$1.29M |
|
2745
CALL
Gen Digital
GEN
$17B
| $8.04M | ﹤0.01% |
468,800
+204,600
| +77% | +$4.11M |
|
2746
PUT
Essex Property Trust
ESS
$18.5B
| $8.03M | ﹤0.01% |
38,400
-1,000
| -3% | -$221K |
|
|
SF
2747
Stifel
SF
$12.9B
| $8.02M | ﹤0.01% |
+203,598
| New | +$8.56M |
|
2748
CALL
STMicroelectronics
STM
$48.5B
| $8.02M | ﹤0.01% |
149,900
-396,900
| -73% | -$18.5M |
|
2749
CALL
Equifax
EFX
$21.2B
| $8.01M | ﹤0.01% |
39,500
-1,700
| -4% | -$354K |
|
2750
PUT
Fastly Inc
FSLY
$4.77B
| $8.01M | ﹤0.01% |
451,100
+239,500
| +113% | +$3.04M |
|
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.