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 | |
|---|---|---|---|---|---|---|
2026
CALL
Bio-Rad Laboratories Class A
BIO
$9.6B
| $14.3M | ﹤0.01% |
29,800
+15,700
| +111% | +$7.35M |
|
2027
Teradyne
TER
$63.7B
| $14.3M | ﹤0.01% |
132,769
+2,846
| +2% | +$291K |
|
2028
Franklin Resources
BEN
$17.2B
| $14.3M | ﹤0.01% |
529,414
+423,323
| +399% | +$12.4M |
|
2029
CALL
Service Corp International
SCI
$11.5B
| $14.2M | ﹤0.01% |
207,100
+87,300
| +73% | +$6.03M |
|
2030
PUT
GE HealthCare
GEHC
$33.3B
| $14.2M | ﹤0.01% |
+173,400
| New | +$12.4M |
|
2031
CALL
Vulcan Materials
VMC
$36.3B
| $14.2M | ﹤0.01% |
82,800
-16,100
| -16% | -$2.86M |
|
2032
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.36B
| $14.2M | ﹤0.01% |
194,110
-66,058
| -25% | -$4.56M |
|
2033
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$235M
| $14.2M | ﹤0.01% |
445,600
-719,400
| -62% | -$22.6M |
|
2034
CALL
TAL Education Group
TAL
$6.43B
| $14.2M | ﹤0.01% |
2,210,900
-347,600
| -14% | -$2.5M |
|
2035
Vanguard Morningstar Total Stock Market ETF
VTI
$695B
| $14.2M | ﹤0.01% |
+69,407
| New | +$13.9M |
|
2036
PUT
ArcelorMittal
MT
$55.6B
| $14.2M | ﹤0.01% |
470,000
+87,700
| +23% | +$2.61M |
|
2037
PUT
SAP
SAP
$241B
| $14.1M | ﹤0.01% |
111,800
-39,700
| -26% | -$4.66M |
|
|
SWN
2038
PUT
DELISTED
Southwestern Energy Company
SWN
| $14.1M | ﹤0.01% |
2,824,100
-2,558,600
| -48% | -$13.6M |
|
2039
Zimmer Biomet
ZBH
$19.2B
| $14.1M | ﹤0.01% |
109,257
+30,092
| +38% | +$3.78M |
|
|
MMP
2040
PUT
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $14.1M | ﹤0.01% |
260,000
+56,900
| +28% | +$3.02M |
|
2041
CALL
Entegris
ENTG
$24.5B
| $14.1M | ﹤0.01% |
172,000
+103,500
| +151% | +$8.39M |
|
|
JWN
2042
DELISTED
Nordstrom
JWN
| $14.1M | ﹤0.01% |
866,934
+550,648
| +174% | +$10.3M |
|
2043
PUT
PPG Industries
PPG
$25.4B
| $14.1M | ﹤0.01% |
105,400
-1,000
| -0.9% | -$129K |
|
2044
CALL
WillScot Mobile Mini Holdings
WSC
$4.36B
| $14M | ﹤0.01% |
299,600
+116,800
| +64% | +$5.62M |
|
2045
AstraZeneca
AZN
$242B
| $14M | ﹤0.01% |
101,146
+44,767
| +79% | +$6.02M |
|
|
IPG
2046
DELISTED
Interpublic Group of Companies
IPG
| $14M | ﹤0.01% |
377,039
+220,361
| +141% | +$7.92M |
|
2047
PUT
Regions Financial
RF
$27.1B
| $14M | ﹤0.01% |
755,700
+435,100
| +136% | +$9.47M |
|
2048
PUT
Calumet Specialty Products
CLMT
$4.18B
| $14M | ﹤0.01% |
806,600
-82,400
| -9% | -$1.46M |
|
2049
Direxion Daily Financial Bull 3x ETF
FAS
$2.5B
| $14M | ﹤0.01% |
243,075
+153,012
| +170% | +$11.6M |
|
2050
Rhythm Pharmaceuticals
RYTM
$7.99B
| $14M | ﹤0.01% |
784,555
+90,513
| +13% | +$2.27M |
|
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.