Susquehanna International Group2026-Q1
Susquehanna International Group boosted its SPY holding by +$46.52B in Q1 2026, pushing the ETF to 13.87% of the total portfolio. The firm simultaneously trimmed -$8.50B from TSLA and -$6.88B from META, funding a broad shift into index products and energy.
| Ticker | Action | Value ($) | % of Portfolio |
|---|---|---|---|
| — | No new positions or full exits in the reported changes | — | — |
All significant portfolio activity this quarter consisted of scaling existing positions rather than establishing new ones or exiting entirely.
| Ticker | Action | Value Change | Weight Change (pts) |
|---|---|---|---|
| SPY | ADD | +$46.52B | +4.96pts |
| MU | ADD | +$6.64B | +0.71pts |
| SNDK | ADD | +$5.41B | +0.61pts |
| QQQ | ADD | +$4.58B | +0.37pts |
| MSFT | ADD | +$4.31B | +0.43pts |
| USO | ADD | +$3.02B | +0.33pts |
| TSM | ADD | +$2.87B | +0.29pts |
| SMH | ADD | +$2.51B | +0.27pts |
| LITE | ADD | +$2.50B | +0.28pts |
| GLD | ADD | +$2.40B | +0.21pts |
| TSLA | TRIM | -$8.50B | -1.08pts |
| META | TRIM | -$6.88B | -0.86pts |
| AAPL | TRIM | -$4.48B | -0.57pts |
| NVDA | TRIM | -$4.21B | -0.59pts |
| GOOGL | TRIM | -$3.38B | -0.43pts |
| APP | TRIM | -$2.89B | -0.35pts |
| PLTR | TRIM | -$2.85B | -0.35pts |
| AMZN | TRIM | -$2.61B | -0.34pts |
| UNH | TRIM | -$2.30B | -0.29pts |
| LLY | TRIM | -$2.25B | -0.28pts |
| AVGO | TRIM | -$1.93B | -0.25pts |
The SPY addition alone exceeds the combined value change of every reported trim. Semiconductor and energy sectors received the most significant active inflows outside of the core ETF buildup.
| Metric | This Quarter | Prior Quarter |
|---|---|---|
| Holding Count | 6848 | -- |
| Turnover Ratio | 0.306518 | -- |
| HHI Score | 0.029071 | -- |
| Momentum Tilt (pts) | 0.014557 | -- |
| Coefficient of Variation | 14.075168 | -- |
| Information Technology | 40.27% | -- |
| Consumer Discretionary | 15.09% | -- |
| Communication Services | 10.84% | -- |
| Financials | 9.42% | -- |
| Health Care | 7.12% | -- |
| Industrials | 6.91% | -- |
| Energy | 3.46% | -- |
| Consumer Staples | 3.08% | -- |
| Materials | 2.16% | -- |
| Utilities | 1.09% | -- |
| Real Estate | 0.57% | -- |
Susquehanna's Q1 strategy pivoted heavily toward passive broad-market exposure. The SPY position grew by +$46.52B to a 13.87% weight. The firm funded this by trimming -$8.50B from TSLA, -$6.88B from META, and substantial amounts from NVDA, AAPL, and GOOGL. Despite the heavy trading activity driving a turnover ratio of 0.3065, the portfolio remains heavily tilted toward Information Technology at 40.27%.