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 | |
|---|---|---|---|---|---|---|
|
ARI
7401
CALL
Apollo Commercial Real Estate
ARI
$876M
| $786K | ﹤0.01% |
84,400
-20,600
| -20% | -$228K |
|
7402
Hope Bancorp
HOPE
$1.85B
| $786K | ﹤0.01% |
79,990
+64,612
| +420% | +$792K |
|
|
SHCO
7403
CALL
DELISTED
Soho House & Co
SHCO
| $785K | ﹤0.01% |
+120,100
| New | +$713K |
|
7404
CALL
Ryder
R
$10.1B
| $785K | ﹤0.01% |
8,800
-16,700
| -65% | -$1.54M |
|
7405
CALL
CareTrust REIT
CTRE
$9.16B
| $785K | ﹤0.01% |
40,100
-9,500
| -19% | -$186K |
|
|
LAND
7406
Gladstone Land Corp
LAND
$358M
| $785K | ﹤0.01% |
47,124
+28,707
| +156% | +$518K |
|
7407
CALL
Global X Autonomous & Electric Vehicles ETF
DRIV
$398M
| $784K | ﹤0.01% |
32,900
-68,600
| -68% | -$1.58M |
|
7408
Seaboard Corp
SEB
$4.18B
| $784K | ﹤0.01% |
208
+40
| +24% | +$155K |
|
7409
CALL
Invesco FTSE RAFI US 1000 ETF
PRF
$10.1B
| $784K | ﹤0.01% |
25,000
+17,000
| +213% | +$539K |
|
|
AZEK
7410
CALL
DELISTED
The AZEK Co
AZEK
| $784K | ﹤0.01% |
+33,300
| New | +$788K |
|
7411
PUT
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.76B
| $783K | ﹤0.01% |
17,100
-16,500
| -49% | -$757K |
|
7412
CALL
Archrock
AROC
$6.08B
| $783K | ﹤0.01% |
80,100
+27,600
| +53% | +$271K |
|
|
INN
7413
Summit Hotel Properties
INN
$651M
| $782K | ﹤0.01% |
111,768
+56,847
| +104% | +$431K |
|
7414
PUT
M/I Homes
MHO
$3.85B
| $782K | ﹤0.01% |
12,400
-3,700
| -23% | -$213K |
|
7415
Agilysys
AGYS
$3.22B
| $782K | ﹤0.01% |
9,476
+1,494
| +19% | +$121K |
|
7416
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.29B
| $781K | ﹤0.01% |
8,159
-5,107
| -38% | -$480K |
|
7417
Hyster-Yale Materials Handling
HY
$618M
| $781K | ﹤0.01% |
+15,655
| New | +$574K |
|
7418
CALL
Skywest
SKYW
$4.18B
| $780K | ﹤0.01% |
35,200
-12,700
| -27% | -$248K |
|
7419
Groupon
GRPN
$875M
| $780K | ﹤0.01% |
185,317
-117,316
| -39% | -$811K |
|
7420
CALL
Radian Group
RDN
$4.98B
| $780K | ﹤0.01% |
35,300
-8,900
| -20% | -$190K |
|
7421
PUT
ProShares Short 20+ Year Treasury ETF
TBF
$107M
| $780K | ﹤0.01% |
36,900
-34,500
| -48% | -$746K |
|
7422
Cushman & Wakefield Ltd
CWK
$3.38B
| $779K | ﹤0.01% |
+73,894
| New | +$950K |
|
7423
CALL
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $778K | ﹤0.01% |
9,700
+400
| +4% | +$31.7K |
|
7424
Gran Tierra Energy
GTE
$325M
| $777K | ﹤0.01% |
88,432
-20,958
| -19% | -$181K |
|
|
DX
7425
Dynex Capital
DX
$3.24B
| $777K | ﹤0.01% |
+64,095
| New | +$857K |
|
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.