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 | 1.34% |
| 4 | Healthcare | 1.15% |
| 5 | Communication Services | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TCN
11301
PUT
DELISTED
Tricon Residential Inc.
TCN
| $91.5K | ﹤0.01% |
+11,800
| New | +$97.1K |
|
|
IRS
11302
CALL
IRSA Inversiones y Representaciones
IRS
$1.24B
| $91.2K | ﹤0.01% |
+15,024
| New | +$94.6K |
|
|
SRT
11303
DELISTED
Startek Inc.
SRT
| $91.2K | ﹤0.01% |
+22,075
| New | +$87.6K |
|
11304
PUT
ARS Pharmaceuticals
SPRY
$606M
| $91.1K | ﹤0.01% |
+14,000
| New | +$108K |
|
|
BIOR
11305
PUT
DELISTED
Biora Therapeutics, Inc. Common Stock
BIOR
| $91.1K | ﹤0.01% |
3,290
+3,066
| +1,369% | +$104K |
|
11306
PUT
Hillman Solutions
HLMN
$1.73B
| $90.9K | ﹤0.01% |
10,800
-40,100
| -79% | -$349K |
|
11307
PUT
SGHC Ltd
SGHC
$6.51B
| $90.7K | ﹤0.01% |
+22,500
| New | +$81.3K |
|
|
AFMD
11308
DELISTED
Affimed
AFMD
| $90.6K | ﹤0.01% |
12,154
+2,325
| +24% | +$23.3K |
|
|
RDNW
11309
CALL
RideNow Group
RDNW
$248M
| $90.3K | ﹤0.01% |
14,900
-39,700
| -73% | -$324K |
|
|
XNET
11310
Xunlei
XNET
$316M
| $90.1K | ﹤0.01% |
49,219
+35,409
| +256% | +$69.7K |
|
|
BHIL
11311
DELISTED
Benson Hill, Inc.
BHIL
| $89.8K | ﹤0.01% |
+2,232
| New | +$167K |
|
11312
Gold Royalty Corp
GROY
$732M
| $89.3K | ﹤0.01% |
41,346
-26,227
| -39% | -$60.2K |
|
11313
PUT
ASE Group
ASX
$103B
| $89.3K | ﹤0.01% |
+11,200
| New | +$81.9K |
|
|
FIRY
11314
PUT
Firy Inc
FIRY
$156M
| $89.1K | ﹤0.01% |
7,555
-9,310
| -55% | -$123K |
|
|
CMAX
11315
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $89.1K | ﹤0.01% |
1,112
+307
| +38% | +$35.9K |
|
11316
CALL
Full House Resorts
FLL
$83.5M
| $88.9K | ﹤0.01% |
12,300
-10,200
| -45% | -$87.7K |
|
11317
PUT
Opko Health
OPK
$1.04B
| $88.9K | ﹤0.01% |
60,900
+2,400
| +4% | +$3.09K |
|
11318
CALL
Perimeter Solutions
PRM
$5.66B
| $88.9K | ﹤0.01% |
11,000
-100
| -0.9% | -$862 |
|
11319
Solid Biosciences
SLDB
$972M
| $88.6K | ﹤0.01% |
+18,690
| New | +$112K |
|
|
XXII
11320
CALL
22nd Century Group
XXII
$1.49M
| – | – |
0
| – | – |
|
11321
MeiraGTx Holdings
MGTX
$1.2B
| $88.5K | ﹤0.01% |
17,112
-23,222
| -58% | -$161K |
|
|
BHR
11322
CALL
Braemar Hotels & Resorts
BHR
$139M
| $88.4K | ﹤0.01% |
22,900
-13,600
| -37% | -$63.4K |
|
11323
Red Cat Holdings
RCAT
$1.56B
| $88.2K | ﹤0.01% |
84,831
+34,839
| +70% | +$40K |
|
|
CASI
11324
DELISTED
CASI Pharmaceuticals
CASI
| $88.2K | ﹤0.01% |
38,326
-19,069
| -33% | -$36.7K |
|
|
TOUR
11325
CALL
Tuniu
TOUR
$55.4M
| $88.1K | ﹤0.01% |
4,710
+2,290
| +95% | +$45.9K |
|
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.