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 | |
|---|---|---|---|---|---|---|
6526
CALL
NewtekOne
NEWT
$369M
| $1.09M | ﹤0.01% |
85,300
+59,100
| +226% | +$975K |
|
6527
CALL
Elanco Animal Health
ELAN
$11.8B
| $1.09M | ﹤0.01% |
116,100
+8,500
| +8% | +$100K |
|
6528
PUT
Steven Madden
SHOO
$3.39B
| $1.09M | ﹤0.01% |
30,300
+7,800
| +35% | +$270K |
|
|
OTLY
6529
PUT
Oatly Group
OTLY
$438M
| $1.09M | ﹤0.01% |
22,525
+15,795
| +235% | +$738K |
|
6530
PUT
Alamos Gold
AGI
$14.3B
| $1.09M | ﹤0.01% |
89,100
-4,700
| -5% | -$50.9K |
|
|
VOXX
6531
DELISTED
VOXX International Corporation Class A
VOXX
| $1.09M | ﹤0.01% |
88,367
+11,963
| +16% | +$130K |
|
6532
PUT
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.42B
| $1.09M | ﹤0.01% |
25,800
+2,000
| +8% | +$87.1K |
|
6533
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$6.01B
| $1.09M | ﹤0.01% |
39,460
-23,030
| -37% | -$607K |
|
6534
CALL
Modine Manufacturing
MOD
$11.6B
| $1.09M | ﹤0.01% |
47,200
-8,700
| -16% | -$201K |
|
|
OSG
6535
Octave Specialty Group
OSG
$210M
| $1.09M | ﹤0.01% |
+70,274
| New | +$1.14M |
|
|
TPH
6536
DELISTED
Tri Pointe Homes
TPH
| $1.09M | ﹤0.01% |
42,957
+21,600
| +101% | +$489K |
|
6537
i3 Verticals
IIIV
$289M
| $1.09M | ﹤0.01% |
44,295
+13,232
| +43% | +$347K |
|
6538
Invesco BulletShares 2031 Corporate Bond ETF
BSCV
$1.79B
| $1.09M | ﹤0.01% |
+66,835
| New | +$1.08M |
|
6539
abrdn Physical Palladium Shares ETF
PALL
$670M
| $1.09M | ﹤0.01% |
40,190
+20,650
| +106% | +$597K |
|
|
TGH
6540
DELISTED
Textainer Group Holdings limited
TGH
| $1.09M | ﹤0.01% |
33,804
+2,507
| +8% | +$81.9K |
|
|
UDMY
6541
PUT
DELISTED
Udemy
UDMY
| $1.09M | ﹤0.01% |
122,900
+62,900
| +105% | +$664K |
|
6542
Dillards
DDS
$9.06B
| $1.09M | ﹤0.01% |
3,527
+2,176
| +161% | +$773K |
|
6543
CALL
IPG Photonics
IPGP
$3.73B
| $1.09M | ﹤0.01% |
8,800
+1,600
| +22% | +$185K |
|
6544
CALL
Gentex
GNTX
$5.04B
| $1.08M | ﹤0.01% |
38,700
+30,300
| +361% | +$854K |
|
6545
Walker & Dunlop
WD
$1.39B
| $1.08M | ﹤0.01% |
+14,237
| New | +$1.24M |
|
6546
CALL
iShares Core MSCI Total International Stock ETF
IXUS
$60.9B
| $1.08M | ﹤0.01% |
17,500
+1,100
| +7% | +$67.4K |
|
|
RYZ
6547
CALL
Ryerson Holding Corp
RYZ
$1.51B
| $1.08M | ﹤0.01% |
29,800
+4,800
| +19% | +$174K |
|
|
GMS
6548
DELISTED
GMS Inc
GMS
| $1.08M | ﹤0.01% |
+18,720
| New | +$1.06M |
|
6549
PUT
W&T Offshore
WTI
$560M
| $1.08M | ﹤0.01% |
213,300
+33,500
| +19% | +$187K |
|
|
CVIIU
6550
DELISTED
Churchill Capital Corp VII Units
CVIIU
| $1.08M | ﹤0.01% |
106,714
-5,455
| -5% | -$54.9K |
|
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.