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 | |
|---|---|---|---|---|---|---|
2776
PUT
International Paper
IP
$21.6B
| $7.88M | ﹤0.01% |
218,400
-38,800
| -15% | -$1.44M |
|
2777
CALL
Direxion Daily Technology Bear 3x ETF
TECS
$59.6M
| $7.88M | ﹤0.01% |
3,656
+2,439
| +200% | +$7.26M |
|
2778
PUT
AngloGold Ashanti
AU
$48.7B
| $7.87M | ﹤0.01% |
325,400
-212,300
| -39% | -$4.3M |
|
2779
PUT
Assurant
AIZ
$13.9B
| $7.85M | ﹤0.01% |
65,400
+61,600
| +1,621% | +$7.71M |
|
2780
Denali Therapeutics
DNLI
$3.9B
| $7.85M | ﹤0.01% |
340,564
+317,311
| +1,365% | +$8.73M |
|
2781
PUT
Bank of Montreal
BMO
$130B
| $7.83M | ﹤0.01% |
87,900
+22,000
| +33% | +$2.09M |
|
2782
Popular Inc
BPOP
$11.3B
| $7.83M | ﹤0.01% |
136,426
+116,033
| +569% | +$7.56M |
|
2783
PUT
Scotiabank
BNS
$112B
| $7.83M | ﹤0.01% |
155,500
+31,700
| +26% | +$1.63M |
|
2784
CALL
Vanguard Health Care ETF
VHT
$18.9B
| $7.82M | ﹤0.01% |
32,800
+200
| +0.6% | +$48.1K |
|
2785
PUT
Republic Services
RSG
$65.7B
| $7.82M | ﹤0.01% |
57,800
+46,000
| +390% | +$5.87M |
|
2786
CALL
Northern Oil and Gas
NOG
$2.61B
| $7.82M | ﹤0.01% |
257,500
-170,400
| -40% | -$5.31M |
|
2787
PUT
Penske Automotive Group
PAG
$14.4B
| $7.81M | ﹤0.01% |
55,100
+5,200
| +10% | +$692K |
|
2788
CALL
Kinsale Capital Group
KNSL
$8.64B
| $7.8M | ﹤0.01% |
26,000
+20,000
| +333% | +$5.85M |
|
2789
Organon & Co
OGN
$3.6B
| $7.8M | ﹤0.01% |
331,597
+110,915
| +50% | +$2.98M |
|
2790
Henry Schein
HSIC
$10B
| $7.79M | ﹤0.01% |
95,556
+31,739
| +50% | +$2.59M |
|
2791
CALL
Mattel
MAT
$4.29B
| $7.78M | ﹤0.01% |
422,500
-55,600
| -12% | -$1.03M |
|
2792
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $7.77M | ﹤0.01% |
173,141
-124,877
| -42% | -$5.37M |
|
2793
CALL
OneMain Financial
OMF
$7.56B
| $7.76M | ﹤0.01% |
209,300
-192,100
| -48% | -$7.72M |
|
2794
CALL
HDFC Bank
HDB
$120B
| $7.76M | ﹤0.01% |
232,800
+12,600
| +6% | +$421K |
|
2795
Jackson Financial
JXN
$9.17B
| $7.76M | ﹤0.01% |
207,404
+134,552
| +185% | +$5.52M |
|
2796
CALL
Fiverr
FVRR
$324M
| $7.76M | ﹤0.01% |
222,100
-78,700
| -26% | -$2.88M |
|
2797
PUT
H&R Block
HRB
$6.83B
| $7.74M | ﹤0.01% |
219,700
+96,800
| +79% | +$3.58M |
|
2798
CALL
Marriott Vacations Worldwide
VAC
$4.16B
| $7.74M | ﹤0.01% |
57,400
+23,000
| +67% | +$3.41M |
|
2799
CALL
Sundial Growers
SNDL
$313M
| $7.74M | ﹤0.01% |
4,837,600
-6,571,100
| -58% | -$12.9M |
|
2800
CALL
Antero Midstream
AM
$10.7B
| $7.74M | ﹤0.01% |
737,800
-162,700
| -18% | -$1.73M |
|
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.