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 | |
|---|---|---|---|---|---|---|
1876
Sigma Lithium
SGML
$1.33B
| $16.6M | ﹤0.01% |
440,744
+304,528
| +224% | +$9.76M |
|
1877
PUT
NRG Energy
NRG
$26B
| $16.6M | ﹤0.01% |
483,500
-73,800
| -13% | -$2.44M |
|
1878
PUT
International Flavors & Fragrances
IFF
$21.4B
| $16.6M | ﹤0.01% |
180,100
+136,700
| +315% | +$13.6M |
|
1879
State Street Utilities Select Sector SPDR ETF
XLU
$23B
| $16.6M | ﹤0.01% |
489,262
-607,644
| -55% | -$20.6M |
|
1880
CALL
Costamare
CMRE
$1.76B
| $16.5M | ﹤0.01% |
1,755,500
-7,600
| -0.4% | -$75K |
|
1881
Revvity
RVTY
$13.1B
| $16.5M | ﹤0.01% |
123,881
+76,630
| +162% | +$10.1M |
|
|
SWAV
1882
PUT
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $16.5M | ﹤0.01% |
76,100
+18,400
| +32% | +$3.59M |
|
1883
PUT
Ambarella
AMBA
$3.58B
| $16.5M | ﹤0.01% |
213,100
+21,700
| +11% | +$1.86M |
|
1884
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $16.5M | ﹤0.01% |
220,456
-37,070
| -14% | -$2.71M |
|
1885
CALL
PACCAR
PCAR
$68.9B
| $16.4M | ﹤0.01% |
224,550
-323,400
| -59% | -$23.1M |
|
1886
CALL
Signet Jewelers
SIG
$3.49B
| $16.4M | ﹤0.01% |
210,400
-149,400
| -42% | -$11.1M |
|
|
SWN
1887
DELISTED
Southwestern Energy Company
SWN
| $16.3M | ﹤0.01% |
3,269,642
-2,478,543
| -43% | -$13.1M |
|
|
1888
PUT
Signet Jewelers
SIG
$3.49B
| $16.3M | ﹤0.01% |
210,100
-104,700
| -33% | -$7.77M |
|
1889
CALL
Alaska Air
ALK
$5.18B
| $16.3M | ﹤0.01% |
389,300
-514,400
| -57% | -$24.1M |
|
1890
CALL
Scotiabank
BNS
$111B
| $16.3M | ﹤0.01% |
324,100
-360,900
| -53% | -$18.5M |
|
1891
CALL
HSBC
HSBC
$357B
| $16.3M | ﹤0.01% |
477,900
-929,400
| -66% | -$33.4M |
|
|
FTCH
1892
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $16.3M | ﹤0.01% |
3,318,885
-455,188
| -12% | -$2.47M |
|
1893
CALL
SAP
SAP
$241B
| $16.2M | ﹤0.01% |
128,400
+27,500
| +27% | +$3.23M |
|
1894
PUT
iShares MSCI Japan ETF
EWJ
$23.2B
| $16.2M | ﹤0.01% |
276,800
-120,900
| -30% | -$6.89M |
|
1895
PUT
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$329M
| $16.2M | ﹤0.01% |
91,560
+43,580
| +91% | +$8.54M |
|
1896
PUT
iShares US Aerospace & Defense ETF
ITA
$15B
| $16.2M | ﹤0.01% |
140,900
+79,900
| +131% | +$9.09M |
|
1897
CALL
Toll Brothers
TOL
$13.8B
| $16.2M | ﹤0.01% |
270,100
-200,000
| -43% | -$11.5M |
|
1898
CALL
Omnicom Group
OMC
$24.1B
| $16.2M | ﹤0.01% |
171,700
+30,200
| +21% | +$2.68M |
|
1899
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $16.2M | ﹤0.01% |
187,602
-65,825
| -26% | -$5.67M |
|
1900
CALL
Vanguard Total International Stock ETF
VXUS
$164B
| $16.1M | ﹤0.01% |
292,400
+176,300
| +152% | +$9.63M |
|
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.