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 | |
|---|---|---|---|---|---|---|
7326
LHA Market State Tactical Beta ETF
MSTB
$201M
| $808K | ﹤0.01% |
31,212
-29,259
| -48% | -$746K |
|
7327
iShares Morningstar Mid-Cap Growth ETF
IMCG
$4.17B
| $808K | ﹤0.01% |
+14,039
| New | +$803K |
|
7328
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$755M
| $808K | ﹤0.01% |
13,329
-20,652
| -61% | -$1.29M |
|
|
HEP
7329
CALL
DELISTED
Holly Energy Partners, L.P.
HEP
| $808K | ﹤0.01% |
46,500
-87,500
| -65% | -$1.61M |
|
7330
Hycroft Mining Holding Corp
HYMC
$2.52B
| $807K | ﹤0.01% |
186,643
+56,516
| +43% | +$275K |
|
7331
CALL
Embecta
EMBC
$289M
| $807K | ﹤0.01% |
28,700
-46,500
| -62% | -$1.32M |
|
7332
KBR
KBR
$4.84B
| $807K | ﹤0.01% |
14,660
+3,709
| +34% | +$194K |
|
|
BZUN
7333
Baozun
BZUN
$165M
| $806K | ﹤0.01% |
133,867
-132,426
| -50% | -$873K |
|
7334
PUT
Liberty Energy
LBRT
$3.59B
| $806K | ﹤0.01% |
62,900
+8,300
| +15% | +$123K |
|
7335
Schwab US Broad Market ETF
SCHB
$45.1B
| $806K | ﹤0.01% |
50,514
-5,481
| -10% | -$85.7K |
|
7336
CALL
Universal Electronics
UEIC
$67.9M
| $805K | ﹤0.01% |
+79,400
| New | +$1.38M |
|
7337
CALL
Evolent Health
EVH
$529M
| $805K | ﹤0.01% |
24,800
-43,700
| -64% | -$1.38M |
|
7338
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$364M
| $805K | ﹤0.01% |
21,970
-23,200
| -51% | -$855K |
|
|
PLL
7339
DELISTED
Piedmont Lithium
PLL
| $805K | ﹤0.01% |
13,400
-21,057
| -61% | -$1.28M |
|
7340
CALL
Littelfuse
LFUS
$11.6B
| $804K | ﹤0.01% |
3,000
-1,000
| -25% | -$257K |
|
7341
Brookfield Renewable
BEP
$10.4B
| $804K | ﹤0.01% |
+25,500
| New | +$719K |
|
7342
CALL
Microvision
MVIS
$53M
| $803K | ﹤0.01% |
20,053
-8,940
| -31% | -$339K |
|
7343
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.85B
| $803K | ﹤0.01% |
18,808
-43,281
| -70% | -$1.84M |
|
7344
PUT
Sun Communities
SUI
$15B
| $803K | ﹤0.01% |
5,700
-4,100
| -42% | -$599K |
|
7345
Global X MLP ETF
MLPA
$2.3B
| $803K | ﹤0.01% |
19,296
-10,947
| -36% | -$463K |
|
7346
Cheesecake Factory
CAKE
$5.64B
| $802K | ﹤0.01% |
22,895
+8,536
| +59% | +$318K |
|
7347
RPM International
RPM
$14.5B
| $802K | ﹤0.01% |
9,192
+1,442
| +19% | +$126K |
|
7348
PUT
Fox Factory Holding Corp
FOXF
$883M
| $801K | ﹤0.01% |
6,600
+4,400
| +200% | +$505K |
|
|
GOLD
7349
PUT
Gold.com Inc
GOLD
$1.28B
| $800K | ﹤0.01% |
+23,100
| New | +$768K |
|
|
SAL
7350
DELISTED
Salisbury Bancorp, Inc.
SAL
| $800K | ﹤0.01% |
33,211
+12,864
| +63% | +$366K |
|
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.