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 | |
|---|---|---|---|---|---|---|
6701
PUT
Commercial Metals
CMC
$8B
| $1.02M | ﹤0.01% |
20,900
-70,100
| -77% | -$3.63M |
|
6702
PUT
Century Aluminum
CENX
$4.69B
| $1.02M | ﹤0.01% |
102,200
+3,600
| +4% | +$37.3K |
|
6703
CALL
Chefs' Warehouse
CHEF
$4.51B
| $1.02M | ﹤0.01% |
30,000
-134,000
| -82% | -$4.71M |
|
|
SAND
6704
CALL
DELISTED
Sandstorm Gold
SAND
| $1.02M | ﹤0.01% |
175,800
+80,400
| +84% | +$440K |
|
6705
Claros Mortgage Trust
CMTG
$251M
| $1.02M | ﹤0.01% |
87,641
+68,208
| +351% | +$979K |
|
6706
CALL
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
| $1.02M | ﹤0.01% |
20,200
-8,100
| -29% | -$407K |
|
6707
Mitsubishi UFJ Financial
MUFG
$261B
| $1.02M | ﹤0.01% |
159,763
+127,142
| +390% | +$890K |
|
6708
PUT
Procore
PCOR
$8.84B
| $1.02M | ﹤0.01% |
16,300
+1,300
| +9% | +$76K |
|
6709
CALL
Beyond Air
XAIR
$5.15M
| $1.02M | ﹤0.01% |
378
+283
| +298% | +$723K |
|
6710
PUT
National Grid
NGG
$81.2B
| $1.02M | ﹤0.01% |
15,918
+9,233
| +138% | +$553K |
|
6711
CALL
Erie Indemnity
ERIE
$13.2B
| $1.02M | ﹤0.01% |
4,400
-6,000
| -58% | -$1.43M |
|
6712
ARKO Corp
ARKO
$534M
| $1.02M | ﹤0.01% |
120,015
-7,395
| -6% | -$61.6K |
|
|
ZEUS
6713
PUT
DELISTED
Olympic Steel
ZEUS
| $1.02M | ﹤0.01% |
+19,500
| New | +$901K |
|
6714
Gates Industrial Corp
GTES
$7.15B
| $1.02M | ﹤0.01% |
73,279
+25,967
| +55% | +$346K |
|
6715
PUT
iShares MSCI USA Quality Factor ETF
QUAL
$48B
| $1.02M | ﹤0.01% |
+8,200
| New | +$984K |
|
|
HI
6716
CALL
DELISTED
Hillenbrand
HI
| $1.02M | ﹤0.01% |
21,400
+5,500
| +35% | +$253K |
|
|
AMAM
6717
CALL
DELISTED
Ambrx Biopharma Inc
AMAM
| $1.02M | ﹤0.01% |
+114,000
| New | +$573K |
|
6718
CALL
Ecopetrol
EC
$36B
| $1.02M | ﹤0.01% |
96,200
+16,200
| +20% | +$176K |
|
6719
Acquirers Small and Micro Deep Value ETF
DEEP
$28.3M
| $1.02M | ﹤0.01% |
+32,053
| New | +$1.05M |
|
|
CANO
6720
CALL
DELISTED
Cano Health, Inc.
CANO
| $1.02M | ﹤0.01% |
11,161
+3,701
| +50% | +$502K |
|
|
6721
Beyond Air
XAIR
$5.15M
| $1.01M | ﹤0.01% |
376
+40
| +12% | +$102K |
|
6722
CALL
WisdomTree US LargeCap Dividend Fund
DLN
$6.41B
| $1.01M | ﹤0.01% |
16,400
-1,800
| -10% | -$112K |
|
6723
Pebblebrook Hotel Trust
PEB
$2.03B
| $1.01M | ﹤0.01% |
72,249
-193,231
| -73% | -$2.82M |
|
|
HEXO
6724
CALL
DELISTED
HEXO Corp. Common Shares
HEXO
| $1.01M | ﹤0.01% |
756,800
-717,100
| -49% | -$1.05M |
|
6725
PUT
Algonquin Power & Utilities
AQN
$4.49B
| $1.01M | ﹤0.01% |
120,700
+22,000
| +22% | +$166K |
|
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.