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 | |
|---|---|---|---|---|---|---|
1951
CALL
Ollie's Bargain Outlet
OLLI
$4.61B
| $15.4M | ﹤0.01% |
265,200
-67,100
| -20% | -$3.69M |
|
1952
CALL
QuantumScape Corp
QS
$3.8B
| $15.3M | ﹤0.01% |
1,876,000
+964,300
| +106% | +$7.83M |
|
1953
Fidelity National Financial
FNF
$13.2B
| $15.3M | ﹤0.01% |
439,264
+258,593
| +143% | +$10.2M |
|
1954
PUT
Icahn Enterprises
IEP
$5.28B
| $15.3M | ﹤0.01% |
296,600
+66,500
| +29% | +$3.52M |
|
1955
W.W. Grainger
GWW
$62.1B
| $15.3M | ﹤0.01% |
22,221
+4,608
| +26% | +$2.94M |
|
1956
CALL
e.l.f. Beauty
ELF
$5.42B
| $15.3M | ﹤0.01% |
185,700
-32,900
| -15% | -$2.22M |
|
1957
Plug Power
PLUG
$3.21B
| $15.3M | ﹤0.01% |
+1,302,247
| New | +$18.6M |
|
1958
Atmos Energy
ATO
$28.7B
| $15.3M | ﹤0.01% |
135,765
+42,278
| +45% | +$4.81M |
|
1959
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.6B
| $15.2M | ﹤0.01% |
1,385,447
+484,646
| +54% | +$5.33M |
|
1960
CALL
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $15.2M | ﹤0.01% |
470,900
+386,000
| +455% | +$12.4M |
|
1961
CALL
Quest Diagnostics
DGX
$26B
| $15.2M | ﹤0.01% |
107,200
-116,700
| -52% | -$16.7M |
|
1962
Roku
ROKU
$23.3B
| $15.1M | ﹤0.01% |
230,029
-336,837
| -59% | -$19.7M |
|
1963
GitLab
GTLB
$7.26B
| $15.1M | ﹤0.01% |
441,043
+339,840
| +336% | +$14.9M |
|
1964
Avantor
AVTR
$9.27B
| $15.1M | ﹤0.01% |
713,586
-604,704
| -46% | -$13.8M |
|
1965
PUT
AerCap
AER
$23.8B
| $15.1M | ﹤0.01% |
268,200
+44,500
| +20% | +$2.66M |
|
1966
PUT
Saia
SAIA
$10.2B
| $15.1M | ﹤0.01% |
55,400
-31,900
| -37% | -$8.51M |
|
1967
PUT
Aflac
AFL
$61B
| $15.1M | ﹤0.01% |
233,300
-67,800
| -23% | -$4.64M |
|
1968
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $15M | ﹤0.01% |
+309,479
| New | +$15M |
|
1969
Dick's Sporting Goods
DKS
$18.1B
| $15M | ﹤0.01% |
105,837
+79,641
| +304% | +$10.6M |
|
1970
Tapestry
TPR
$26.1B
| $15M | ﹤0.01% |
348,191
+215,144
| +162% | +$9.23M |
|
|
ANSS
1971
DELISTED
Ansys
ANSS
| $15M | ﹤0.01% |
45,103
+2,802
| +7% | +$790K |
|
1972
BJs Wholesale Club
BJ
$12B
| $15M | ﹤0.01% |
197,240
-231,605
| -54% | -$16.8M |
|
1973
Arch Capital
ACGL
$33.7B
| $15M | ﹤0.01% |
220,997
+82,476
| +60% | +$5.42M |
|
1974
Aehr Test Systems
AEHR
$4.29B
| $15M | ﹤0.01% |
482,967
+117,287
| +32% | +$3.78M |
|
1975
Digital Realty Trust
DLR
$74B
| $14.9M | ﹤0.01% |
151,910
+42,140
| +38% | +$4.44M |
|
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.