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 | |
|---|---|---|---|---|---|---|
6901
Invesco Aerospace & Defense ETF
PPA
$8.79B
| $952K | ﹤0.01% |
11,815
-1,977
| -14% | -$158K |
|
6902
CALL
CorVel
CRVL
$3.32B
| $951K | ﹤0.01% |
15,000
+3,900
| +35% | +$228K |
|
|
6903
PUT
CorVel
CRVL
$3.32B
| $951K | ﹤0.01% |
+15,000
| New | +$876K |
|
6904
CALL
Ero Copper
ERO
$3.53B
| $951K | ﹤0.01% |
53,900
-34,100
| -39% | -$549K |
|
6905
Scansource
SCSC
$1.08B
| $951K | ﹤0.01% |
+31,226
| New | +$970K |
|
6906
CALL
Invesco China Technology ETF
CQQQ
$3.18B
| $950K | ﹤0.01% |
20,400
+9,900
| +94% | +$460K |
|
6907
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $950K | ﹤0.01% |
23,506
-81,482
| -78% | -$3.32M |
|
6908
Invesco Semiconductors ETF
PSI
$2.66B
| $950K | ﹤0.01% |
23,055
-2,358
| -9% | -$91.1K |
|
6909
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$94.9M
| $949K | ﹤0.01% |
22,074
-13,799
| -38% | -$702K |
|
6910
CALL
Utz Brands
UTZ
$1.26B
| $949K | ﹤0.01% |
57,600
-24,600
| -30% | -$407K |
|
6911
CALL
Open Text
OTEX
$5.94B
| $948K | ﹤0.01% |
24,600
+16,500
| +204% | +$570K |
|
|
VLD
6912
DELISTED
Velo3D, Inc.
VLD
| $948K | ﹤0.01% |
11,936
+5,858
| +96% | +$526K |
|
6913
CALL
Herbalife
HLF
$1.29B
| $948K | ﹤0.01% |
58,900
-63,400
| -52% | -$1.12M |
|
|
BCYC
6914
Bicycle Therapeutics
BCYC
$273M
| $948K | ﹤0.01% |
44,573
+7,518
| +20% | +$189K |
|
6915
PUT
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$437M
| $948K | ﹤0.01% |
45,400
+34,800
| +328% | +$715K |
|
|
TBRG
6916
DELISTED
TruBridge
TBRG
| $948K | ﹤0.01% |
31,379
+12,357
| +65% | +$360K |
|
6917
Center Bancorp
CNOB
$1.79B
| $948K | ﹤0.01% |
53,598
+31,923
| +147% | +$727K |
|
6918
Alector
ALEC
$219M
| $947K | ﹤0.01% |
153,016
+92,646
| +153% | +$754K |
|
6919
PUT
Evolution Petroleum
EPM
$135M
| $945K | ﹤0.01% |
149,800
+123,100
| +461% | +$789K |
|
6920
First Trust Limited Duration Investment Grade Corporate ETF
FSIG
$1.52B
| $944K | ﹤0.01% |
+50,125
| New | +$939K |
|
6921
Nuveen ESG Mid-Cap Value ETF
NUMV
$460M
| $943K | ﹤0.01% |
32,852
+12,413
| +61% | +$377K |
|
6922
CALL
Kimco Realty
KIM
$16.4B
| $941K | ﹤0.01% |
48,200
+8,400
| +21% | +$173K |
|
|
JHG
6923
DELISTED
Janus Henderson
JHG
| $940K | ﹤0.01% |
+35,300
| New | +$940K |
|
6924
PUT
ICU Medical
ICUI
$4.58B
| $940K | ﹤0.01% |
5,700
-40,400
| -88% | -$6.95M |
|
6925
CALL
Loews
L
$23.1B
| $940K | ﹤0.01% |
16,200
+2,400
| +17% | +$142K |
|
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.