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 | |
|---|---|---|---|---|---|---|
8101
State Street SPDR S&P Health Care Equipment ETF
XHE
$169M
| $592K | ﹤0.01% |
6,327
-227
| -3% | -$21.2K |
|
8102
Old Second Bancorp
OSBC
$1.32B
| $592K | ﹤0.01% |
42,123
+26,777
| +174% | +$427K |
|
8103
PUT
Avnet
AVT
$7.86B
| $592K | ﹤0.01% |
13,100
-32,900
| -72% | -$1.47M |
|
8104
PUT
Travel + Leisure Co
TNL
$4.63B
| $592K | ﹤0.01% |
15,100
-3,800
| -20% | -$153K |
|
8105
CALL
Future Fuel
FF
$245M
| $592K | ﹤0.01% |
80,200
-31,500
| -28% | -$271K |
|
8106
Franklin FTSE Europe ETF
FLEE
$120M
| $591K | ﹤0.01% |
22,249
-53,824
| -71% | -$1.39M |
|
8107
Cognyte Software
CGNT
$674M
| $591K | ﹤0.01% |
174,328
-83,069
| -32% | -$299K |
|
8108
Lakeland Industries
LAKE
$117M
| $591K | ﹤0.01% |
+40,474
| New | +$593K |
|
8109
PUT
PAR Technology
PAR
$788M
| $591K | ﹤0.01% |
17,400
-18,900
| -52% | -$630K |
|
8110
CALL
Philips
PHG
$26.7B
| $591K | ﹤0.01% |
37,605
+10,510
| +39% | +$151K |
|
8111
PUT
Zevra Therapeutics
ZVRA
$672M
| $591K | ﹤0.01% |
107,400
-114,600
| -52% | -$606K |
|
8112
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.77B
| $591K | ﹤0.01% |
3,810
-28,453
| -88% | -$4.47M |
|
8113
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.44B
| $590K | ﹤0.01% |
13,987
-16,188
| -54% | -$705K |
|
8114
Tiptree Inc
TIPT
$672M
| $590K | ﹤0.01% |
40,516
-8,417
| -17% | -$128K |
|
|
HSKA
8115
DELISTED
Heska Corp
HSKA
| $590K | ﹤0.01% |
+6,042
| New | +$507K |
|
8116
PUT
Full Truck Alliance
YMM
$9.14B
| $590K | ﹤0.01% |
77,500
+3,800
| +5% | +$30.1K |
|
8117
Federated Hermes US Strategic Dividend ETF
FDV
$907M
| $590K | ﹤0.01% |
+24,147
| New | +$607K |
|
|
JOYY
8118
PUT
JOYY Inc
JOYY
$3.68B
| $589K | ﹤0.01% |
18,900
-69,900
| -79% | -$2.35M |
|
8119
CALL
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $589K | ﹤0.01% |
8,100
-2,100
| -21% | -$151K |
|
|
VBTX
8120
DELISTED
Veritex Holdings
VBTX
| $589K | ﹤0.01% |
+32,264
| New | +$823K |
|
8121
Invesco 0-5 Yr US TIPS ETF
PBTP
$116M
| $589K | ﹤0.01% |
+23,606
| New | +$580K |
|
|
PCH
8122
CALL
DELISTED
PotlatchDeltic
PCH
| $589K | ﹤0.01% |
11,900
-28,600
| -71% | -$1.34M |
|
8123
Veritone
VERI
$116M
| $589K | ﹤0.01% |
101,009
+82,723
| +452% | +$569K |
|
8124
HNI Corp
HNI
$3.53B
| $589K | ﹤0.01% |
+21,152
| New | +$628K |
|
8125
TTM Technologies
TTMI
$14.7B
| $589K | ﹤0.01% |
+43,645
| New | +$632K |
|
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.