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 | |
|---|---|---|---|---|---|---|
3651
CALL
Digital Turbine
APPS
$1.51B
| $4.28M | ﹤0.01% |
345,900
-394,600
| -53% | -$5.3M |
|
|
JKS
3652
CALL
JinkoSolar
JKS
$877M
| $4.26M | ﹤0.01% |
83,500
-8,600
| -9% | -$450K |
|
3653
Valvoline
VVV
$4.36B
| $4.26M | ﹤0.01% |
+121,926
| New | +$4.24M |
|
3654
Diageo
DEO
$53.1B
| $4.26M | ﹤0.01% |
23,513
+22,024
| +1,479% | +$3.89M |
|
3655
PUT
A.O. Smith
AOS
$8.45B
| $4.26M | ﹤0.01% |
61,600
+33,100
| +116% | +$2.15M |
|
3656
PUT
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.78B
| $4.26M | ﹤0.01% |
81,300
+69,900
| +613% | +$3.63M |
|
3657
Carlisle Companies
CSL
$14.7B
| $4.26M | ﹤0.01% |
18,822
+17,201
| +1,061% | +$4.18M |
|
3658
Camping World
CWH
$662M
| $4.25M | ﹤0.01% |
203,732
+138,182
| +211% | +$3.23M |
|
3659
PUT
GlobalFoundries
GFS
$30B
| $4.25M | ﹤0.01% |
58,900
-23,100
| -28% | -$1.46M |
|
3660
PUT
Flex
FLEX
$46.6B
| $4.25M | ﹤0.01% |
245,097
-248,547
| -50% | -$4.3M |
|
3661
PUT
Kulicke & Soffa
KLIC
$5.19B
| $4.25M | ﹤0.01% |
80,600
+25,500
| +46% | +$1.33M |
|
3662
NCR Voyix
VYX
$1.13B
| $4.24M | ﹤0.01% |
293,245
+139,930
| +91% | +$2.15M |
|
3663
PUT
Kornit Digital
KRNT
$775M
| $4.24M | ﹤0.01% |
219,200
-221,200
| -50% | -$4.99M |
|
3664
CALL
Qfin Holdings
QFIN
$1.49B
| $4.24M | ﹤0.01% |
218,700
+156,700
| +253% | +$3.28M |
|
3665
PUT
United States Brent Oil Fund
BNO
$785M
| $4.23M | ﹤0.01% |
159,300
+3,700
| +2% | +$100K |
|
3666
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.59B
| $4.23M | ﹤0.01% |
+84,779
| New | +$4.22M |
|
3667
CALL
Tencent Music
TME
$14.5B
| $4.23M | ﹤0.01% |
510,500
-356,800
| -41% | -$2.92M |
|
3668
PUT
e.l.f. Beauty
ELF
$5.4B
| $4.22M | ﹤0.01% |
51,300
-53,800
| -51% | -$3.63M |
|
3669
Global X S&P 500 Covered Call ETF
XYLD
$3.28B
| $4.22M | ﹤0.01% |
104,205
+67,566
| +184% | +$2.72M |
|
3670
Vanguard FTSE Europe ETF
VGK
$31.1B
| $4.22M | ﹤0.01% |
69,181
-125,244
| -64% | -$7.48M |
|
3671
Vertiv
VRT
$113B
| $4.22M | ﹤0.01% |
294,587
+32,841
| +13% | +$482K |
|
3672
PUT
NetEase
NTES
$80.1B
| $4.21M | ﹤0.01% |
47,600
-91,900
| -66% | -$7.92M |
|
3673
PUT
United Microelectronic
UMC
$48B
| $4.21M | ﹤0.01% |
480,500
-915,100
| -66% | -$7.41M |
|
|
AKRO
3674
CALL
DELISTED
Akero Therapeutics
AKRO
| $4.21M | ﹤0.01% |
110,000
-4,900
| -4% | -$218K |
|
3675
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.11B
| $4.21M | ﹤0.01% |
112,572
-1,890
| -2% | -$73.4K |
|
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.