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 | |
|---|---|---|---|---|---|---|
1826
CALL
Global X Lithium & Battery Tech ETF
LIT
$1.62B
| $17.6M | ﹤0.01% |
276,600
+138,600
| +100% | +$8.94M |
|
|
CMA
1827
PUT
DELISTED
Comerica
CMA
| $17.5M | ﹤0.01% |
403,400
+346,700
| +611% | +$22.2M |
|
1828
CALL
Arthur J. Gallagher & Co
AJG
$64.7B
| $17.5M | ﹤0.01% |
91,500
+19,200
| +27% | +$3.64M |
|
1829
PUT
Nokia
NOK
$59.5B
| $17.5M | ﹤0.01% |
3,560,600
+251,800
| +8% | +$1.19M |
|
1830
Otis Worldwide
OTIS
$27.6B
| $17.4M | ﹤0.01% |
206,668
+26,290
| +15% | +$2.18M |
|
1831
CALL
Repligen
RGEN
$9.41B
| $17.4M | ﹤0.01% |
103,600
+43,100
| +71% | +$7.69M |
|
1832
Boston Beer
SAM
$1.92B
| $17.4M | ﹤0.01% |
53,054
+48,079
| +966% | +$16.5M |
|
1833
Ovintiv
OVV
$17.4B
| $17.4M | ﹤0.01% |
483,192
+229,768
| +91% | +$10.1M |
|
1834
Conagra Brands
CAG
$7.45B
| $17.4M | ﹤0.01% |
463,336
+218,265
| +89% | +$8.09M |
|
1835
Western Alliance Bancorporation
WAL
$9B
| $17.4M | ﹤0.01% |
489,101
+437,380
| +846% | +$26.8M |
|
1836
PUT
Sanofi
SNY
$105B
| $17.3M | ﹤0.01% |
318,500
-173,600
| -35% | -$8.44M |
|
1837
Lucid Motors
LCID
$2.55B
| $17.3M | ﹤0.01% |
215,489
+172,503
| +401% | +$15.3M |
|
1838
PUT
Royal Gold
RGLD
$19.5B
| $17.3M | ﹤0.01% |
133,400
+79,000
| +145% | +$9.73M |
|
1839
Cognizant
CTSH
$26.5B
| $17.3M | ﹤0.01% |
283,336
+41,595
| +17% | +$2.6M |
|
1840
PUT
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.5B
| $17.3M | ﹤0.01% |
1,571,900
+84,100
| +6% | +$926K |
|
|
AYX
1841
CALL
DELISTED
Alteryx Inc
AYX
| $17.2M | ﹤0.01% |
292,900
+174,000
| +146% | +$10.1M |
|
1842
CALL
Ambarella
AMBA
$3.56B
| $17.2M | ﹤0.01% |
222,600
-189,600
| -46% | -$16.2M |
|
1843
PUT
iShares Russell 1000 Growth ETF
IWF
$128B
| $17.2M | ﹤0.01% |
282,000
-583,600
| -67% | -$33.6M |
|
1844
CALL
Agilent Technologies
A
$41.9B
| $17.2M | ﹤0.01% |
124,500
-156,700
| -56% | -$22.9M |
|
1845
PUT
Chord Energy
CHRD
$7.5B
| $17.2M | ﹤0.01% |
127,900
-56,100
| -30% | -$7.62M |
|
1846
CALL
SBA Communications
SBAC
$19.8B
| $17.2M | ﹤0.01% |
65,900
+59,400
| +914% | +$16.3M |
|
1847
State Street Materials Select Sector SPDR ETF
XLB
$8.6B
| $17.2M | ﹤0.01% |
426,256
+31,164
| +8% | +$1.26M |
|
1848
CALL
Roper Technologies
ROP
$39.2B
| $17.2M | ﹤0.01% |
39,000
+9,400
| +32% | +$4.06M |
|
1849
PUT
PBF Energy
PBF
$8.72B
| $17.2M | ﹤0.01% |
396,300
-82,900
| -17% | -$3.49M |
|
1850
CALL
Centene
CNC
$33B
| $17.2M | ﹤0.01% |
271,500
+22,500
| +9% | +$1.6M |
|
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.