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 | |
|---|---|---|---|---|---|---|
9101
PUT
Ligand Pharmaceuticals
LGND
$5.87B
| $390K | ﹤0.01% |
+5,300
| New | +$377K |
|
9102
PUT
Badger Meter
BMI
$3.79B
| $390K | ﹤0.01% |
+3,200
| New | +$374K |
|
|
NAK
9103
Northern Dynasty Minerals
NAK
$908M
| $390K | ﹤0.01% |
1,631,830
-957,747
| -37% | -$221K |
|
9104
Oil States International
OIS
$539M
| $390K | ﹤0.01% |
46,759
+36,489
| +355% | +$309K |
|
|
ESEB
9105
DELISTED
Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF
ESEB
| $389K | ﹤0.01% |
23,334
+153
| +0.7% | +$2.55K |
|
|
WCLD
9106
PUT
WisdomTree Cloud Computing Fund
WCLD
$311M
| $389K | ﹤0.01% |
13,100
-42,900
| -77% | -$1.2M |
|
9107
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$606M
| $389K | ﹤0.01% |
5,691
+1,416
| +33% | +$101K |
|
|
ADAM
9108
CALL
Adamas Trust
ADAM
$910M
| $388K | ﹤0.01% |
39,000
+34,275
| +725% | +$371K |
|
9109
PUT
Chefs' Warehouse
CHEF
$4.45B
| $388K | ﹤0.01% |
11,400
-34,900
| -75% | -$1.23M |
|
9110
Toyota
TM
$226B
| $388K | ﹤0.01% |
2,739
-21,676
| -89% | -$3.05M |
|
|
KBND
9111
DELISTED
KraneShares Bloomberg China Bond Inclusion Index ETF
KBND
| $388K | ﹤0.01% |
12,247
-4,672
| -28% | -$148K |
|
9112
PUT
Vital Farms
VITL
$468M
| $387K | ﹤0.01% |
25,300
-16,800
| -40% | -$266K |
|
9113
PUT
Perdoceo Education
PRDO
$2B
| $387K | ﹤0.01% |
+28,800
| New | +$403K |
|
9114
First Trust Low Duration Strategic Focus ETF
LDSF
$163M
| $386K | ﹤0.01% |
20,730
-84,124
| -80% | -$1.56M |
|
9115
PUT
Navitas Semiconductor
NVTS
$3.77B
| $386K | ﹤0.01% |
52,800
+17,700
| +50% | +$99.2K |
|
|
VNET
9116
CALL
VNET Group
VNET
$2.16B
| $386K | ﹤0.01% |
119,100
-39,200
| -25% | -$192K |
|
|
VNET
9117
VNET Group
VNET
$2.16B
| $386K | ﹤0.01% |
+119,098
| New | +$582K |
|
9118
CALL
Spire
SR
$4.9B
| $386K | ﹤0.01% |
5,500
-12,900
| -70% | -$915K |
|
9119
Stratasys
SSYS
$781M
| $385K | ﹤0.01% |
23,317
-76,975
| -77% | -$1.09M |
|
|
BCYC
9120
CALL
Bicycle Therapeutics
BCYC
$273M
| $385K | ﹤0.01% |
18,100
+7,500
| +71% | +$188K |
|
9121
PUT
Vanguard FTSE All-World ex-US ETF
VEU
$70.6B
| $385K | ﹤0.01% |
+7,200
| New | +$381K |
|
|
NIU
9122
Niu Technologies
NIU
$163M
| $385K | ﹤0.01% |
92,955
-129,497
| -58% | -$601K |
|
9123
CALL
Axalta
AXTA
$7.99B
| $385K | ﹤0.01% |
12,700
-46,400
| -79% | -$1.33M |
|
9124
Gladstone Investment Corp
GAIN
$649M
| $385K | ﹤0.01% |
+29,032
| New | +$392K |
|
9125
CALL
Life Time Group Holdings
LTH
$10.1B
| $385K | ﹤0.01% |
24,100
-1,900
| -7% | -$32.6K |
|
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.