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 | |
|---|---|---|---|---|---|---|
3801
PUT
Copa Holdings
CPA
$6.14B
| $3.91M | ﹤0.01% |
42,300
+31,900
| +307% | +$2.89M |
|
3802
CALL
SFL Corp
SFL
$1.64B
| $3.9M | ﹤0.01% |
410,500
-377,800
| -48% | -$3.73M |
|
3803
AST SpaceMobile
ASTS
$21.3B
| $3.9M | ﹤0.01% |
767,600
+645,485
| +529% | +$3.72M |
|
3804
CALL
Dycom Industries
DY
$12.6B
| $3.89M | ﹤0.01% |
41,500
+27,500
| +196% | +$2.56M |
|
|
TERN
3805
DELISTED
Terns Pharmaceuticals
TERN
| $3.88M | ﹤0.01% |
328,028
+289,926
| +761% | +$2.77M |
|
3806
Shake Shack
SHAK
$3.02B
| $3.88M | ﹤0.01% |
69,960
-19,866
| -22% | -$1.1M |
|
|
VPU
3807
CALL
Vanguard Utilities ETF
VPU
$8.57B
| $3.88M | ﹤0.01% |
26,300
+1,900
| +8% | +$281K |
|
3808
Federal Realty Investment Trust
FRT
$10.3B
| $3.88M | ﹤0.01% |
39,253
+11,397
| +41% | +$1.19M |
|
3809
CALL
IQVIA
IQV
$39B
| $3.88M | ﹤0.01% |
19,500
-12,400
| -39% | -$2.65M |
|
3810
Texas Pacific Land
TPL
$24.7B
| $3.88M | ﹤0.01% |
20,520
+15,012
| +273% | +$3.13M |
|
3811
CALL
Clearfield
CLFD
$391M
| $3.88M | ﹤0.01% |
83,200
-27,500
| -25% | -$1.77M |
|
|
BSCN
3812
DELISTED
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
| $3.87M | ﹤0.01% |
183,786
+119,511
| +186% | +$2.52M |
|
3813
CALL
iShares US Transportation ETF
IYT
$2.28B
| $3.87M | ﹤0.01% |
68,000
+47,200
| +227% | +$2.7M |
|
3814
CALL
Legend Biotech
LEGN
$3.95B
| $3.87M | ﹤0.01% |
80,300
-119,800
| -60% | -$5.86M |
|
3815
CALL
Schwab US Large-Cap Growth ETF
SCHG
$62.9B
| $3.87M | ﹤0.01% |
237,600
+144,400
| +155% | +$2.19M |
|
3816
Novavax
NVAX
$1.33B
| $3.87M | ﹤0.01% |
558,282
+382,348
| +217% | +$3.52M |
|
3817
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.8B
| $3.87M | ﹤0.01% |
80,903
-176,609
| -69% | -$8.32M |
|
3818
Invesco DB Base Metals Fund
DBB
$315M
| $3.87M | ﹤0.01% |
191,362
-48,783
| -20% | -$1M |
|
3819
CALL
Transmedics
TMDX
$3.07B
| $3.86M | ﹤0.01% |
51,000
-172,600
| -77% | -$11.9M |
|
3820
PUT
TAL Education Group
TAL
$6.46B
| $3.86M | ﹤0.01% |
602,100
-141,200
| -19% | -$1.02M |
|
3821
PUT
Magna International
MGA
$18.8B
| $3.86M | ﹤0.01% |
72,000
-8,400
| -10% | -$486K |
|
3822
Wintrust Financial
WTFC
$11B
| $3.86M | ﹤0.01% |
52,871
+50,165
| +1,854% | +$4.29M |
|
3823
Pacer Global Cash Cows Dividend ETF
GCOW
$3.49B
| $3.86M | ﹤0.01% |
+114,669
| New | +$3.81M |
|
3824
Fortuna Silver Mines
FSM
$3.16B
| $3.85M | ﹤0.01% |
1,008,420
-459,922
| -31% | -$1.63M |
|
3825
Remitly
RELY
$5.54B
| $3.85M | ﹤0.01% |
+227,263
| New | +$3.09M |
|
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.