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 | |
|---|---|---|---|---|---|---|
2426
CALL
Raymond James Financial
RJF
$34.9B
| $10.1M | ﹤0.01% |
107,900
-39,600
| -27% | -$4.19M |
|
2427
PUT
Omega Healthcare
OHI
$14.1B
| $10.1M | ﹤0.01% |
366,900
-3,900
| -1% | -$109K |
|
2428
CALL
Republic Services
RSG
$66B
| $10M | ﹤0.01% |
74,200
+2,300
| +3% | +$293K |
|
2429
PUT
iShares TIPS Bond ETF
TIP
$14.7B
| $10M | ﹤0.01% |
91,000
-95,800
| -51% | -$10.4M |
|
2430
Fluor
FLR
$7.04B
| $10M | ﹤0.01% |
324,151
+304,837
| +1,578% | +$10.5M |
|
2431
PUT
VeriSign
VRSN
$25.9B
| $10M | ﹤0.01% |
47,400
-46,300
| -49% | -$9.55M |
|
2432
PUT
Chemours
CC
$2.37B
| $10M | ﹤0.01% |
334,300
-44,500
| -12% | -$1.47M |
|
2433
iShares Gold Trust
IAU
$64.9B
| $10M | ﹤0.01% |
267,833
+91,504
| +52% | +$3.28M |
|
2434
ProShares VIX Mid-Term Futures ETF
VIXM
$94.2M
| $10M | ﹤0.01% |
373,129
-51,324
| -12% | -$1.37M |
|
2435
PUT
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.39B
| $9.99M | ﹤0.01% |
109,000
+102,900
| +1,687% | +$10.1M |
|
|
ARCH
2436
DELISTED
Arch Resources, Inc.
ARCH
| $9.99M | ﹤0.01% |
75,982
+11,981
| +19% | +$1.73M |
|
2437
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $9.98M | ﹤0.01% |
99,600
+41,700
| +72% | +$4.13M |
|
2438
PureCycle Technologies
PCT
$1.4B
| $9.96M | ﹤0.01% |
1,422,220
+862,965
| +154% | +$6.01M |
|
2439
PUT
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $9.95M | ﹤0.01% |
318,700
+94,100
| +42% | +$3.02M |
|
2440
CALL
ResMed
RMD
$32.7B
| $9.94M | ﹤0.01% |
45,400
+10,200
| +29% | +$2.21M |
|
2441
CALL
iShares Expanded Tech Sector ETF
IGM
$10.8B
| $9.94M | ﹤0.01% |
175,800
+150,000
| +581% | +$7.82M |
|
|
DISH
2442
DELISTED
DISH Network Corp.
DISH
| $9.94M | ﹤0.01% |
1,065,329
+968,487
| +1,000% | +$12.2M |
|
2443
CALL
iShares MSCI Turkey ETF
TUR
$221M
| $9.94M | ﹤0.01% |
304,700
+144,700
| +90% | +$4.98M |
|
2444
CALL
NovoCure
NVCR
$1.99B
| $9.94M | ﹤0.01% |
165,200
+12,800
| +8% | +$1.02M |
|
|
BPMC
2445
PUT
DELISTED
Blueprint Medicines
BPMC
| $9.93M | ﹤0.01% |
220,800
+91,900
| +71% | +$4.14M |
|
2446
CALL
Post Holdings
POST
$3.67B
| $9.9M | ﹤0.01% |
110,200
+17,100
| +18% | +$1.56M |
|
2447
HEICO Corp Class A
HEI.A
$38.2B
| $9.9M | ﹤0.01% |
72,846
+23,225
| +47% | +$3.08M |
|
|
LAZR
2448
PUT
DELISTED
Luminar Technologies
LAZR
| $9.89M | ﹤0.01% |
101,587
+53,220
| +110% | +$5.59M |
|
2449
CALL
Qorvo
QRVO
$8.59B
| $9.88M | ﹤0.01% |
97,300
-65,500
| -40% | -$6.64M |
|
2450
PUT
Trip.com Group
TCOM
$28.3B
| $9.87M | ﹤0.01% |
262,100
-6,300
| -2% | -$234K |
|
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.