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 | |
|---|---|---|---|---|---|---|
1776
CALL
Noble Corp
NE
$7.28B
| $18.5M | ﹤0.01% |
468,900
+365,000
| +351% | +$14.6M |
|
1777
GE HealthCare
GEHC
$33.3B
| $18.5M | ﹤0.01% |
+225,559
| New | +$16.1M |
|
1778
Akamai
AKAM
$18B
| $18.5M | ﹤0.01% |
236,204
+143,477
| +155% | +$11.6M |
|
1779
MongoDB
MDB
$37.3B
| $18.5M | ﹤0.01% |
79,278
-30,548
| -28% | -$6.41M |
|
1780
CALL
Camping World
CWH
$665M
| $18.5M | ﹤0.01% |
885,000
+76,400
| +9% | +$1.78M |
|
|
AEPPZ
1781
DELISTED
American Electric Power Company, Inc. Corporate Units
AEPPZ
| $18.4M | ﹤0.01% |
+366,000
| New | +$18.5M |
|
|
FRC
1782
DELISTED
First Republic Bank
FRC
| $18.4M | ﹤0.01% |
1,315,003
+1,228,828
| +1,426% | +$126M |
|
1783
PUT
Riot Platforms
RIOT
$7.12B
| $18.4M | ﹤0.01% |
1,841,000
-564,700
| -23% | -$3.67M |
|
1784
CALL
Johnson Controls International
JCI
$92.3B
| $18.4M | ﹤0.01% |
305,400
+4,400
| +1% | +$282K |
|
1785
PUT
Citizens Financial Group
CFG
$31.5B
| $18.4M | ﹤0.01% |
604,500
+237,800
| +65% | +$9.31M |
|
1786
Entegris
ENTG
$24.6B
| $18.3M | ﹤0.01% |
223,346
-122,084
| -35% | -$9.89M |
|
1787
Bilibili
BILI
$7.26B
| $18.3M | ﹤0.01% |
779,194
+406,798
| +109% | +$9.68M |
|
1788
PUT
Campbell Soup
CPB
$6.92B
| $18.3M | ﹤0.01% |
333,000
-240,200
| -42% | -$12.7M |
|
1789
CALL
Polaris
PII
$3.96B
| $18.3M | ﹤0.01% |
165,400
+93,500
| +130% | +$10.4M |
|
1790
PUT
Waters Corp
WAT
$40.5B
| $18.2M | ﹤0.01% |
58,900
+11,700
| +25% | +$3.78M |
|
1791
Verisk Analytics
VRSK
$23.6B
| $18.2M | ﹤0.01% |
94,854
+21,474
| +29% | +$3.89M |
|
1792
PUT
iQIYI
IQ
$1.28B
| $18.2M | ﹤0.01% |
2,497,800
+1,414,000
| +130% | +$9.7M |
|
1793
PUT
Vanguard Dividend Appreciation ETF
VIG
$114B
| $18.2M | ﹤0.01% |
117,900
+81,100
| +220% | +$12.4M |
|
1794
CALL
Corpay
CPAY
$27.5B
| $18.2M | ﹤0.01% |
86,100
+38,800
| +82% | +$7.87M |
|
1795
Murphy USA
MUSA
$10.4B
| $18.2M | ﹤0.01% |
70,350
+56,550
| +410% | +$14.7M |
|
1796
Keysight
KEYS
$61.3B
| $18.1M | ﹤0.01% |
112,314
+40,183
| +56% | +$6.82M |
|
1797
Pinnacle West Capital
PNW
$12.3B
| $18.1M | ﹤0.01% |
228,660
+186,133
| +438% | +$14M |
|
1798
PUT
KKR & Co
KKR
$104B
| $18.1M | ﹤0.01% |
344,300
-29,500
| -8% | -$1.58M |
|
1799
PUT
Vail Resorts
MTN
$5.23B
| $18.1M | ﹤0.01% |
77,300
+24,300
| +46% | +$5.86M |
|
1800
PUT
Edwards Lifesciences
EW
$53.1B
| $18.1M | ﹤0.01% |
218,200
-161,800
| -43% | -$12.7M |
|
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.