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 | |
|---|---|---|---|---|---|---|
|
MODV
7801
CALL
DELISTED
ModivCare
MODV
| $664K | ﹤0.01% |
+7,900
| New | +$760K |
|
7802
CALL
PJT Partners
PJT
$4.46B
| $664K | ﹤0.01% |
9,200
+3,800
| +70% | +$292K |
|
|
HDSN
7803
PUT
Hudson Technologies
HDSN
$239M
| $663K | ﹤0.01% |
76,000
+23,300
| +44% | +$226K |
|
|
PMT
7804
PUT
PennyMac Mortgage Investment
PMT
$824M
| $663K | ﹤0.01% |
53,800
+34,800
| +183% | +$468K |
|
|
HIVE
7805
HIVE Digital Technologies
HIVE
$736M
| $663K | ﹤0.01% |
201,603
+148,643
| +281% | +$442K |
|
7806
FlexShares Quality Dividend Index Fund
QDF
$2.28B
| $663K | ﹤0.01% |
12,179
+4,751
| +64% | +$257K |
|
7807
Greif
GEF
$4.97B
| $663K | ﹤0.01% |
10,461
-9,633
| -48% | -$646K |
|
7808
PUT
Harmony Biosciences
HRMY
$2.22B
| $663K | ﹤0.01% |
+20,300
| New | +$924K |
|
7809
ProShares Trust Short MSCI EAFE
EFZ
$10M
| $663K | ﹤0.01% |
17,981
+4,960
| +38% | +$187K |
|
|
BWIN
7810
Baldwin Insurance Group
BWIN
$3.05B
| $663K | ﹤0.01% |
+26,028
| New | +$723K |
|
7811
PUT
Genworth Financial
GNW
$3.84B
| $663K | ﹤0.01% |
132,000
-179,000
| -58% | -$992K |
|
7812
CALL
Symbotic
SYM
$5.55B
| $662K | ﹤0.01% |
29,000
-40,000
| -58% | -$669K |
|
7813
CALL
VanEck High Yield Muni ETF
HYD
$4.4B
| $662K | ﹤0.01% |
12,800
-15,900
| -55% | -$821K |
|
|
RUTH
7814
CALL
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $662K | ﹤0.01% |
40,300
-164,100
| -80% | -$2.85M |
|
7815
CALL
Liberty Latin America Class C
LILAK
$1.66B
| $662K | ﹤0.01% |
88,110
+74,470
| +546% | +$593K |
|
|
IWIN
7816
DELISTED
Amplify Inflation Fighter ETF
IWIN
| $662K | ﹤0.01% |
29,848
+4,692
| +19% | +$103K |
|
7817
iShares MSCI Intl Value Factor ETF
IVLU
$4.55B
| $662K | ﹤0.01% |
+26,687
| New | +$655K |
|
7818
Fidelity MSCI Materials Index ETF
FMAT
$614M
| $661K | ﹤0.01% |
14,500
-12,518
| -46% | -$574K |
|
|
CLDT
7819
CALL
Chatham Lodging
CLDT
$605M
| $661K | ﹤0.01% |
+63,000
| New | +$771K |
|
7820
CALL
Petco
WOOF
$805M
| $661K | ﹤0.01% |
73,400
-230,200
| -76% | -$2.38M |
|
7821
NLI Holdings
NL
$315M
| $660K | ﹤0.01% |
108,985
+79,458
| +269% | +$551K |
|
7822
PUT
W.R. Berkley
WRB
$26.2B
| $660K | ﹤0.01% |
15,900
-24,450
| -61% | -$1.09M |
|
7823
CALL
AXIS Capital
AXS
$7.38B
| $660K | ﹤0.01% |
12,100
-700
| -5% | -$40.7K |
|
7824
CALL
Energy Recovery
ERII
$426M
| $659K | ﹤0.01% |
28,600
-31,900
| -53% | -$701K |
|
7825
CALL
MACOM Technology Solutions
MTSI
$24.2B
| $659K | ﹤0.01% |
9,300
-34,100
| -79% | -$2.3M |
|
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.