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 | |
|---|---|---|---|---|---|---|
9026
CALL
Palomar
PLMR
$3.37B
| $403K | ﹤0.01% |
7,300
-5,400
| -43% | -$289K |
|
9027
Lincoln Educational Services
LINC
$950M
| $403K | ﹤0.01% |
71,151
+33,488
| +89% | +$203K |
|
9028
CALL
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.87B
| $403K | ﹤0.01% |
4,000
-1,200
| -23% | -$115K |
|
9029
PUT
Patria Investments
PAX
$1.86B
| $403K | ﹤0.01% |
27,200
+7,500
| +38% | +$114K |
|
9030
PUT
Pampa Energía
PAM
$4.23B
| $402K | ﹤0.01% |
+12,200
| New | +$396K |
|
|
CMPS
9031
PUT
Compass Pathways
CMPS
$1.86B
| $402K | ﹤0.01% |
40,500
-322,800
| -89% | -$2.97M |
|
9032
CALL
Talos Energy
TALO
$2.63B
| $402K | ﹤0.01% |
27,100
-239,900
| -90% | -$4.13M |
|
9033
Invesco Large Cap Growth ETF
PWB
$2.45B
| $402K | ﹤0.01% |
6,185
-20,290
| -77% | -$1.27M |
|
9034
Ducommun
DCO
$3.13B
| $402K | ﹤0.01% |
+7,345
| New | +$400K |
|
9035
CALL
Bakkt Inc
BKKT
$345M
| $402K | ﹤0.01% |
9,340
-14,076
| -60% | -$547K |
|
9036
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.21B
| $402K | ﹤0.01% |
16,746
-1,428
| -8% | -$32K |
|
9037
PUT
United Bankshares
UBSI
$6.71B
| $401K | ﹤0.01% |
11,400
+4,700
| +70% | +$184K |
|
|
LAND
9038
CALL
Gladstone Land Corp
LAND
$358M
| $401K | ﹤0.01% |
24,100
-4,000
| -14% | -$72.2K |
|
|
HA
9039
PUT
DELISTED
Hawaiian Holdings, Inc.
HA
| $401K | ﹤0.01% |
43,800
-256,300
| -85% | -$2.71M |
|
|
AGIL
9040
DELISTED
AgileThought Inc
AGIL
| $401K | ﹤0.01% |
127,314
+97,054
| +321% | +$397K |
|
9041
CALL
Select Water Solutions
WTTR
$2.69B
| $400K | ﹤0.01% |
57,500
-25,600
| -31% | -$199K |
|
|
KAMN
9042
DELISTED
Kaman Corp
KAMN
| $400K | ﹤0.01% |
+17,499
| New | +$416K |
|
9043
CALL
American States Water
AWR
$3.53B
| $400K | ﹤0.01% |
4,500
+1,300
| +41% | +$119K |
|
9044
PUT
Harrow
HROW
$1.5B
| $400K | ﹤0.01% |
18,900
-28,800
| -60% | -$491K |
|
9045
Cambria Tail Risk ETF
TAIL
$146M
| $400K | ﹤0.01% |
27,200
-181,153
| -87% | -$2.7M |
|
9046
BlackRock Short Maturity Municipal Bond ETF
MEAR
$1.37B
| $399K | ﹤0.01% |
+7,992
| New | +$398K |
|
9047
PUT
PennantPark Floating Rate Capital
PFLT
$730M
| $399K | ﹤0.01% |
37,600
-1,800
| -5% | -$19.7K |
|
9048
CALL
Radware
RDWR
$1.23B
| $398K | ﹤0.01% |
18,500
+8,400
| +83% | +$176K |
|
9049
CALL
Grocery Outlet
GO
$1.1B
| $398K | ﹤0.01% |
14,100
-27,400
| -66% | -$786K |
|
9050
CALL
Mayville Engineering Co
MEC
$614M
| $398K | ﹤0.01% |
+26,700
| New | +$389K |
|
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.