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 | |
|---|---|---|---|---|---|---|
|
PGRE
7701
CALL
DELISTED
Paramount Group
PGRE
| $690K | ﹤0.01% |
151,300
+900
| +0.6% | +$4.94K |
|
7702
PUT
iShares Convertible Bond ETF
ICVT
$7.67B
| $690K | ﹤0.01% |
+9,500
| New | +$688K |
|
7703
Astec Industries
ASTE
$997M
| $689K | ﹤0.01% |
16,714
+9,773
| +141% | +$413K |
|
|
IGTR
7704
DELISTED
Innovator Gradient Tactical Rotation Strategy ETF
IGTR
| $689K | ﹤0.01% |
+31,068
| New | +$716K |
|
7705
Enerpac Tool Group
EPAC
$1.89B
| $689K | ﹤0.01% |
27,012
+3,605
| +15% | +$95.1K |
|
7706
BioAtla
BCAB
$5.15M
| $689K | ﹤0.01% |
5,139
+584
| +13% | +$105K |
|
7707
MillerKnoll
MLKN
$1.62B
| $688K | ﹤0.01% |
33,653
+20,149
| +149% | +$453K |
|
7708
JPMorgan International Research Enhanced Equity ETF
JIRE
$11.4B
| $688K | ﹤0.01% |
12,496
-7,550
| -38% | -$406K |
|
7709
Insteel Industries
IIIN
$631M
| $688K | ﹤0.01% |
+24,730
| New | +$719K |
|
|
CS
7710
DELISTED
Credit Suisse Group
CS
| $688K | ﹤0.01% |
772,872
+664,389
| +612% | +$1.85M |
|
7711
Sonoco
SON
$5.76B
| $688K | ﹤0.01% |
11,273
-29,807
| -73% | -$1.77M |
|
7712
First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
$161M
| $688K | ﹤0.01% |
+8,339
| New | +$670K |
|
7713
CALL
Clarivate
CLVT
$1.23B
| $687K | ﹤0.01% |
73,200
-357,700
| -83% | -$3.69M |
|
7714
PUT
iShares Global Timber & Forestry ETF
WOOD
$269M
| $687K | ﹤0.01% |
9,600
-4,500
| -32% | -$334K |
|
7715
CALL
ProShares Short 20+ Year Treasury ETF
TBF
$107M
| $687K | ﹤0.01% |
+32,500
| New | +$703K |
|
7716
FB Financial Corp
FBK
$3.09B
| $687K | ﹤0.01% |
22,092
+14,098
| +176% | +$504K |
|
7717
CALL
Groupon
GRPN
$875M
| $686K | ﹤0.01% |
163,000
-307,200
| -65% | -$2.12M |
|
7718
Stride
LRN
$3.46B
| $686K | ﹤0.01% |
+17,480
| New | +$686K |
|
|
HTZWW
7719
Hertz Global Holdings Warrants
HTZWW
$97.3M
| $686K | ﹤0.01% |
77,245
+325
| +0.4% | +$3.03K |
|
7720
Direxion Daily AAPL Bull 2X ETF
AAPU
$188M
| $685K | ﹤0.01% |
+29,407
| New | +$588K |
|
7721
iShares Yield Optimized Bond ETF
BYLD
$442M
| $685K | ﹤0.01% |
31,096
-16,172
| -34% | -$354K |
|
7722
PUT
SPS Commerce
SPSC
$2.86B
| $685K | ﹤0.01% |
+4,500
| New | +$638K |
|
7723
CALL
ProShares Short Bitcoin Strategy ETF
BITI
$121M
| $685K | ﹤0.01% |
6,600
-54,320
| -89% | -$7.62M |
|
7724
Caribou Biosciences
CRBU
$169M
| $685K | ﹤0.01% |
128,931
+111,139
| +625% | +$692K |
|
7725
CALL
Vuzix
VUZI
$262M
| $684K | ﹤0.01% |
165,300
-350,300
| -68% | -$1.58M |
|
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.