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 | |
|---|---|---|---|---|---|---|
|
CNR
1701
PUT
Core Natural Resources Inc
CNR
$4.76B
| $19.8M | ﹤0.01% |
340,200
+119,100
| +54% | +$6.79M |
|
1702
Live Nation Entertainment
LYV
$43.6B
| $19.8M | ﹤0.01% |
282,424
+147,403
| +109% | +$10.8M |
|
1703
CALL
Sanofi
SNY
$104B
| $19.8M | ﹤0.01% |
363,200
-228,000
| -39% | -$11.1M |
|
1704
Ardelyx
ARDX
$1B
| $19.8M | ﹤0.01% |
4,125,297
+2,705,598
| +191% | +$9.12M |
|
1705
EPAM Systems
EPAM
$5.19B
| $19.8M | ﹤0.01% |
66,057
+42,584
| +181% | +$13.7M |
|
|
FL
1706
PUT
DELISTED
Foot Locker
FL
| $19.7M | ﹤0.01% |
497,500
+47,900
| +11% | +$2M |
|
|
GRMN
1707
Garmin
GRMN
$60.3B
| $19.7M | ﹤0.01% |
195,588
+23,393
| +14% | +$2.28M |
|
1708
CALL
Alliance Resource Partners
ARLP
$3.21B
| $19.7M | ﹤0.01% |
977,800
-160,000
| -14% | -$3.27M |
|
1709
CALL
CarGurus
CARG
$3.39B
| $19.7M | ﹤0.01% |
1,054,600
+1,028,300
| +3,910% | +$17.5M |
|
1710
VICI Properties
VICI
$29.1B
| $19.7M | ﹤0.01% |
603,893
+208,846
| +53% | +$6.91M |
|
1711
CALL
Regions Financial
RF
$27B
| $19.7M | ﹤0.01% |
1,061,300
+304,900
| +40% | +$6.64M |
|
1712
CALL
Invesco Solar ETF
TAN
$1.38B
| $19.6M | ﹤0.01% |
253,000
-333,500
| -57% | -$25.6M |
|
1713
United Therapeutics
UTHR
$21.3B
| $19.6M | ﹤0.01% |
87,584
+61,403
| +235% | +$15.1M |
|
1714
CALL
Illinois Tool Works
ITW
$82.4B
| $19.6M | ﹤0.01% |
80,500
+6,000
| +8% | +$1.4M |
|
1715
Hormel Foods
HRL
$13.5B
| $19.6M | ﹤0.01% |
491,321
+357,284
| +267% | +$15.4M |
|
1716
Kroger
KR
$34.9B
| $19.6M | ﹤0.01% |
396,207
+97,682
| +33% | +$4.47M |
|
1717
Carrier Global
CARR
$52B
| $19.6M | ﹤0.01% |
427,531
+100,036
| +31% | +$4.48M |
|
1718
CALL
Insulet
PODD
$10.1B
| $19.6M | ﹤0.01% |
61,300
+5,700
| +10% | +$1.69M |
|
1719
CALL
Cracker Barrel
CBRL
$1.28B
| $19.5M | ﹤0.01% |
171,800
+58,400
| +51% | +$6.38M |
|
1720
Virtu Financial
VIRT
$5B
| $19.5M | ﹤0.01% |
1,032,041
+378,407
| +58% | +$7.27M |
|
1721
CALL
Shift4
FOUR
$3.67B
| $19.5M | ﹤0.01% |
257,100
+4,400
| +2% | +$283K |
|
1722
CALL
Fastly Inc
FSLY
$4.73B
| $19.5M | ﹤0.01% |
1,096,600
+463,800
| +73% | +$5.89M |
|
1723
PUT
iShares MSCI Mexico ETF
EWW
$1.88B
| $19.5M | ﹤0.01% |
326,800
-383,100
| -54% | -$21.8M |
|
1724
PUT
Madison Square Garden
MSGS
$9.78B
| $19.4M | ﹤0.01% |
99,800
+26,600
| +36% | +$4.95M |
|
1725
PUT
Mettler-Toledo International
MTD
$28.4B
| $19.4M | ﹤0.01% |
12,700
+4,600
| +57% | +$6.91M |
|
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.