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 | |
|---|---|---|---|---|---|---|
7476
Tronox
TROX
$952M
| $756K | ﹤0.01% |
52,581
-76,467
| -59% | -$1.18M |
|
7477
CALL
American Homes 4 Rent
AMH
$12.3B
| $755K | ﹤0.01% |
24,000
+14,800
| +161% | +$472K |
|
7478
PUT
Joby Aviation
JOBY
$7.83B
| $755K | ﹤0.01% |
173,900
-27,800
| -14% | -$115K |
|
7479
PUT
Thomson Reuters
TRI
$44.9B
| $755K | ﹤0.01% |
5,505
-8,351
| -60% | -$1.06M |
|
7480
CALL
Carlyle Secured Lending
CGBD
$781M
| $755K | ﹤0.01% |
55,400
+26,800
| +94% | +$395K |
|
|
GDEF
7481
DELISTED
Goldman Sachs Defensive Equity ETF
GDEF
| $754K | ﹤0.01% |
+17,486
| New | +$743K |
|
7482
iShares MSCI Singapore ETF
EWS
$1.17B
| $754K | ﹤0.01% |
37,981
-91,277
| -71% | -$1.78M |
|
7483
Willis Lease Finance
WLFC
$1.2B
| $754K | ﹤0.01% |
41,277
+15,927
| +63% | +$311K |
|
7484
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| $753K | ﹤0.01% |
+15,840
| New | +$748K |
|
7485
Innovator US Equity Buffer ETF August
BAUG
$204M
| $753K | ﹤0.01% |
23,854
-5,871
| -20% | -$182K |
|
7486
Lufax Holding
LU
$1.3B
| $753K | ﹤0.01% |
92,228
+25,784
| +39% | +$247K |
|
7487
Innovator US Equity Ultra Buffer ETF March
UMAR
$196M
| $753K | ﹤0.01% |
26,203
+13,967
| +114% | +$394K |
|
7488
PUT
Prospect Capital
PSEC
$1.15B
| $752K | ﹤0.01% |
108,100
+24,400
| +29% | +$177K |
|
7489
CALL
MannKind Corp
MNKD
$1.24B
| $752K | ﹤0.01% |
183,500
-164,700
| -47% | -$795K |
|
7490
CALL
Medpace
MEDP
$16.1B
| $752K | ﹤0.01% |
4,000
-12,900
| -76% | -$2.67M |
|
|
SUPV
7491
CALL
Grupo Supervielle
SUPV
$705M
| $752K | ﹤0.01% |
334,100
+197,800
| +145% | +$513K |
|
|
FOCL
7492
CALL
EDAP TMS S.A.
FOCL
$178M
| $752K | ﹤0.01% |
67,900
-57,900
| -46% | -$654K |
|
7493
State Street SPDR S&P Transportation ETF
XTN
$395M
| $751K | ﹤0.01% |
10,363
-3,464
| -25% | -$259K |
|
7494
PUT
RLX Technology
RLX
$2.37B
| $751K | ﹤0.01% |
258,900
+85,500
| +49% | +$207K |
|
7495
PUT
Palomar
PLMR
$3.37B
| $751K | ﹤0.01% |
+13,600
| New | +$729K |
|
7496
Vanguard Total International Stock ETF
VXUS
$164B
| $751K | ﹤0.01% |
13,597
-652,645
| -98% | -$35.7M |
|
7497
CALL
Vericel Corp
VCEL
$2.26B
| $751K | ﹤0.01% |
25,600
+8,300
| +48% | +$241K |
|
|
EMBK
7498
PUT
DELISTED
Embark Technology, Inc. Common Stock
EMBK
| $751K | ﹤0.01% |
+267,100
| New | +$984K |
|
7499
PUT
TH International
THCH
$50.9M
| $751K | ﹤0.01% |
36,880
+31,440
| +578% | +$633K |
|
7500
John Hancock Multifactor Small Cap ETF
JHSC
$749M
| $750K | ﹤0.01% |
+23,531
| New | +$762K |
|
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.