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 | |
|---|---|---|---|---|---|---|
3501
Texas Roadhouse
TXRH
$13.6B
| $4.8M | ﹤0.01% |
44,396
+28,181
| +174% | +$2.88M |
|
|
AMJ
3502
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $4.79M | ﹤0.01% |
215,937
+199,260
| +1,195% | +$4.5M |
|
|
NTST
3503
NETSTREIT Corp
NTST
$2.1B
| $4.79M | ﹤0.01% |
261,994
-101,757
| -28% | -$1.96M |
|
|
BELFB
3504
Bel Fuse Inc Class B
BELFB
$4.19B
| $4.79M | ﹤0.01% |
127,386
+77,137
| +154% | +$2.78M |
|
3505
PUT
ARK Web x.0 ETF
ARKW
$1.8B
| $4.78M | ﹤0.01% |
89,200
+3,800
| +4% | +$185K |
|
3506
Arcus Biosciences
RCUS
$3.75B
| $4.78M | ﹤0.01% |
262,120
+180,110
| +220% | +$3.44M |
|
3507
First Trust Technology AlphaDEX Fund
FXL
$2.88B
| $4.77M | ﹤0.01% |
45,383
-17,289
| -28% | -$1.74M |
|
3508
CALL
LegalZoom.com
LZ
$963M
| $4.77M | ﹤0.01% |
508,600
+229,700
| +82% | +$1.95M |
|
3509
CoreCivic
CXW
$3.25B
| $4.76M | ﹤0.01% |
517,731
-78,035
| -13% | -$801K |
|
3510
CALL
Teleflex
TFX
$5.81B
| $4.76M | ﹤0.01% |
18,800
-12,600
| -40% | -$3.05M |
|
3511
PUT
CNX Resources
CNX
$5.28B
| $4.76M | ﹤0.01% |
297,200
-37,400
| -11% | -$594K |
|
3512
BioCryst Pharmaceuticals
BCRX
$2.49B
| $4.76M | ﹤0.01% |
570,707
+36,467
| +7% | +$351K |
|
3513
PUT
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.3B
| $4.76M | ﹤0.01% |
58,300
-126,100
| -68% | -$10.7M |
|
3514
PUT
Vulcan Materials
VMC
$36.5B
| $4.75M | ﹤0.01% |
27,700
-4,300
| -13% | -$763K |
|
3515
PUT
Jack in the Box
JACK
$327M
| $4.75M | ﹤0.01% |
54,200
+35,600
| +191% | +$2.81M |
|
3516
CALL
Blackstone Mortgage Trust
BXMT
$2.44B
| $4.75M | ﹤0.01% |
265,900
+30,500
| +13% | +$651K |
|
3517
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.88B
| $4.74M | ﹤0.01% |
101,956
-32,147
| -24% | -$1.48M |
|
3518
Innoviz Technologies
INVZ
$107M
| $4.74M | ﹤0.01% |
1,353,611
+188,080
| +16% | +$834K |
|
|
ETNB
3519
CALL
DELISTED
89bio
ETNB
| $4.73M | ﹤0.01% |
310,500
+102,900
| +50% | +$1.34M |
|
|
ALE
3520
DELISTED
Allete
ALE
| $4.73M | ﹤0.01% |
73,422
+59,572
| +430% | +$3.72M |
|
3521
CALL
Natural Resource Partners
NRP
$1.39B
| $4.72M | ﹤0.01% |
90,500
-116,900
| -56% | -$6.27M |
|
3522
Opendoor
OPEN
$3.53B
| $4.72M | ﹤0.01% |
2,770,667
-1,308,777
| -32% | -$2.16M |
|
3523
CALL
Global X Copper Miners ETF NEW
COPX
$7.98B
| $4.7M | ﹤0.01% |
121,300
+19,700
| +19% | +$762K |
|
3524
American Financial Group
AFG
$12.1B
| $4.68M | ﹤0.01% |
38,511
-2,397
| -6% | -$316K |
|
|
AGNT
3525
AGNT Inc
AGNT
$727M
| $4.67M | ﹤0.01% |
368,036
-442,403
| -55% | -$5.9M |
|
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.