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 | |
|---|---|---|---|---|---|---|
|
SA
4201
Seabridge Gold
SA
$3.62B
| $3.14M | ﹤0.01% |
242,707
-8,530
| -3% | -$105K |
|
|
BNKU
4202
DELISTED
MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs
BNKU
| $3.14M | ﹤0.01% |
196,659
+176,028
| +853% | +$4.69M |
|
4203
Saia
SAIA
$10.3B
| $3.14M | ﹤0.01% |
11,540
+5,713
| +98% | +$1.52M |
|
4204
Mercury Systems
MRCY
$6.67B
| $3.14M | ﹤0.01% |
61,386
+41,731
| +212% | +$2.11M |
|
4205
SPS Commerce
SPSC
$2.86B
| $3.14M | ﹤0.01% |
20,587
+14,313
| +228% | +$2.03M |
|
4206
Schwab Fundamental US Large Company Index ETF
FNDX
$27.6B
| $3.13M | ﹤0.01% |
171,120
+32,682
| +24% | +$600K |
|
|
MOMO
4207
Hello Group
MOMO
$850M
| $3.13M | ﹤0.01% |
344,207
+305,967
| +800% | +$2.92M |
|
4208
CALL
NeoGenomics
NEO
$2.05B
| $3.13M | ﹤0.01% |
179,900
+45,700
| +34% | +$651K |
|
4209
CALL
The GEO Group
GEO
$4.11B
| $3.13M | ﹤0.01% |
396,600
-921,000
| -70% | -$9.04M |
|
|
CALY
4210
CALL
Callaway Golf Company
CALY
$2.94B
| $3.13M | ﹤0.01% |
144,700
-170,800
| -54% | -$3.87M |
|
|
SA
4211
PUT
Seabridge Gold
SA
$3.62B
| $3.13M | ﹤0.01% |
241,500
+108,200
| +81% | +$1.34M |
|
4212
PUT
California Resources
CRC
$4.73B
| $3.13M | ﹤0.01% |
81,200
+27,100
| +50% | +$1.12M |
|
4213
Navitas Semiconductor
NVTS
$3.77B
| $3.13M | ﹤0.01% |
427,554
+360,769
| +540% | +$2.02M |
|
|
NVEI
4214
CALL
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $3.12M | ﹤0.01% |
71,700
+34,500
| +93% | +$1.2M |
|
4215
Lightspeed Commerce
LSPD
$1.38B
| $3.12M | ﹤0.01% |
205,575
-13,621
| -6% | -$216K |
|
4216
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.87B
| $3.12M | ﹤0.01% |
+121,283
| New | +$3.08M |
|
|
PBSM
4217
DELISTED
Invesco PureBeta MSCI USA Small Cap ETF
PBSM
| $3.12M | ﹤0.01% |
94,308
+58,053
| +160% | +$1.97M |
|
4218
PUT
Crown Holdings
CCK
$12.9B
| $3.12M | ﹤0.01% |
37,700
-34,300
| -48% | -$2.9M |
|
4219
MaxLinear
MXL
$7.69B
| $3.12M | ﹤0.01% |
88,556
+82,196
| +1,292% | +$2.98M |
|
4220
CALL
Global X US Infrastructure Development ETF
PAVE
$14.4B
| $3.12M | ﹤0.01% |
109,900
+55,800
| +103% | +$1.58M |
|
4221
CALL
Valvoline
VVV
$4.36B
| $3.11M | ﹤0.01% |
89,100
-2,600
| -3% | -$90.4K |
|
|
VRNT
4222
CALL
DELISTED
Verint Systems
VRNT
| $3.11M | ﹤0.01% |
83,500
+52,900
| +173% | +$1.97M |
|
4223
iShares Government/Credit Bond ETF
GBF
$128M
| $3.11M | ﹤0.01% |
29,391
+9,124
| +45% | +$955K |
|
|
VISN
4224
CALL
Vistance Networks Inc
VISN
$2.66B
| $3.11M | ﹤0.01% |
487,600
-2,150,500
| -82% | -$16.3M |
|
4225
PUT
Booz Allen Hamilton
BAH
$9.32B
| $3.11M | ﹤0.01% |
33,500
-10,000
| -23% | -$948K |
|
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.