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 | |
|---|---|---|---|---|---|---|
10451
VanEck Israel ETF
ISRA
$162M
| $208K | ﹤0.01% |
5,801
+120
| +2% | +$4.4K |
|
10452
Akebia Therapeutics
AKBA
$242M
| $208K | ﹤0.01% |
371,514
-155,644
| -30% | -$119K |
|
10453
CALL
Alto Ingredients
ALTO
$324M
| $208K | ﹤0.01% |
138,700
-271,500
| -66% | -$744K |
|
10454
Xperi
XPER
$329M
| $208K | ﹤0.01% |
19,024
+7,801
| +70% | +$81.3K |
|
10455
PUT
Bright Horizons
BFAM
$3.75B
| $208K | ﹤0.01% |
2,700
-10,600
| -80% | -$815K |
|
10456
InflaRx
IFRX
$300M
| $208K | ﹤0.01% |
107,095
+78,575
| +276% | +$170K |
|
10457
JPMorgan BetaBuilders Canada ETF
BBCA
$11.4B
| $208K | ﹤0.01% |
+3,490
| New | +$209K |
|
10458
Brookfield Renewable
BEPC
$6.59B
| $208K | ﹤0.01% |
5,939
-3,053
| -34% | -$92.4K |
|
10459
PUT
ProShares Short Bitcoin Strategy ETF
BITI
$121M
| $208K | ﹤0.01% |
2,000
-29,560
| -94% | -$4.15M |
|
|
SRCL
10460
DELISTED
Stericycle Inc
SRCL
| $207K | ﹤0.01% |
4,755
-700
| -13% | -$34.6K |
|
10461
CALL
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $207K | ﹤0.01% |
2,700
-1,100
| -29% | -$83.3K |
|
|
CATC
10462
DELISTED
CAMBRIDGE BANCORP
CATC
| $207K | ﹤0.01% |
+3,197
| New | +$247K |
|
10463
Reinsurance Group of America
RGA
$16.3B
| $207K | ﹤0.01% |
1,560
-218
| -12% | -$30.9K |
|
|
MRUS
10464
DELISTED
Merus
MRUS
| $207K | ﹤0.01% |
+11,254
| New | +$196K |
|
10465
Nuveen Real Estate Income Fund
JRS
$246M
| $207K | ﹤0.01% |
+27,710
| New | +$224K |
|
10466
PUT
ADT
ADT
$5.47B
| $207K | ﹤0.01% |
28,600
-407,100
| -93% | -$3.32M |
|
10467
PUT
Brown & Brown
BRO
$23.6B
| $207K | ﹤0.01% |
+3,600
| New | +$207K |
|
10468
CALL
SCYNEXIS
SCYX
$51.5M
| $207K | ﹤0.01% |
8,613
+288
| +3% | +$3.83K |
|
|
TBNK
10469
CALL
DELISTED
Territorial Bancorp Inc.
TBNK
| $207K | ﹤0.01% |
+10,700
| New | +$244K |
|
|
ALLG
10470
DELISTED
Allego N.V.
ALLG
| $207K | ﹤0.01% |
+85,686
| New | +$314K |
|
10471
PUT
National Health Investors
NHI
$3.58B
| $206K | ﹤0.01% |
+4,000
| New | +$218K |
|
10472
Patria Investments
PAX
$1.86B
| $206K | ﹤0.01% |
+13,922
| New | +$212K |
|
|
ARAV
10473
CALL
DELISTED
Aravive, Inc. Common Stock
ARAV
| $206K | ﹤0.01% |
103,000
-41,200
| -29% | -$77.4K |
|
10474
CALL
Adecoagro
AGRO
$1.29B
| $205K | ﹤0.01% |
25,400
-52,000
| -67% | -$418K |
|
|
SCU
10475
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $205K | ﹤0.01% |
23,851
+7,410
| +45% | +$66.5K |
|
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 1,857 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.