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 | |
|---|---|---|---|---|---|---|
2101
CALL
iShares MSCI Japan ETF
EWJ
$23.2B
| $13.3M | ﹤0.01% |
226,900
-694,600
| -75% | -$39.6M |
|
2102
CALL
Black Stone Minerals
BSM
$3.05B
| $13.3M | ﹤0.01% |
848,000
+370,500
| +78% | +$5.8M |
|
2103
CALL
Capri Holdings
CPRI
$1.74B
| $13.3M | ﹤0.01% |
282,800
-27,200
| -9% | -$1.46M |
|
2104
FMC
FMC
$1.27B
| $13.2M | ﹤0.01% |
108,334
+54,818
| +102% | +$6.9M |
|
2105
CALL
Viking Therapeutics
VKTX
$3.87B
| $13.2M | ﹤0.01% |
793,800
+499,900
| +170% | +$5.16M |
|
2106
CALL
Kinross Gold
KGC
$32.4B
| $13.2M | ﹤0.01% |
2,799,900
+1,057,000
| +61% | +$4.48M |
|
2107
CALL
Fox Class A
FOXA
$29B
| $13.2M | ﹤0.01% |
386,700
+134,200
| +53% | +$4.53M |
|
2108
CDW
CDW
$17.4B
| $13.2M | ﹤0.01% |
67,526
+13,283
| +24% | +$2.61M |
|
2109
PUT
Shift4
FOUR
$3.58B
| $13.1M | ﹤0.01% |
173,300
+94,700
| +120% | +$6.1M |
|
|
DQ
2110
CALL
Daqo New Energy
DQ
$991M
| $13.1M | ﹤0.01% |
280,300
-76,200
| -21% | -$3.5M |
|
2111
PUT
Qorvo
QRVO
$8.66B
| $13.1M | ﹤0.01% |
129,100
+19,400
| +18% | +$1.97M |
|
2112
PUT
Royal Bank of Canada
RY
$301B
| $13.1M | ﹤0.01% |
137,000
-308,600
| -69% | -$30.6M |
|
2113
CALL
Ralph Lauren
RL
$23.2B
| $13.1M | ﹤0.01% |
112,100
-120,400
| -52% | -$14.2M |
|
2114
CALL
Viatris
VTRS
$18.6B
| $13.1M | ﹤0.01% |
1,359,200
-495,900
| -27% | -$5.5M |
|
2115
CALL
Saia
SAIA
$10.3B
| $13M | ﹤0.01% |
47,900
-14,000
| -23% | -$3.74M |
|
2116
PUT
Toll Brothers
TOL
$13.9B
| $13M | ﹤0.01% |
216,800
-379,900
| -64% | -$21.9M |
|
2117
CALL
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $13M | ﹤0.01% |
158,400
+80,200
| +103% | +$6.54M |
|
2118
Watsco Inc
WSO
$12.9B
| $13M | ﹤0.01% |
40,835
+39,904
| +4,286% | +$11.7M |
|
|
VSTO
2119
PUT
DELISTED
Vista Outdoor Inc.
VSTO
| $13M | ﹤0.01% |
468,400
-252,000
| -35% | -$6.9M |
|
2120
CALL
PVH
PVH
$3.8B
| $13M | ﹤0.01% |
145,400
-88,000
| -38% | -$7.18M |
|
2121
CALL
Public Service Enterprise Group
PEG
$37.9B
| $13M | ﹤0.01% |
207,500
+126,800
| +157% | +$7.68M |
|
2122
Cullen/Frost Bankers
CFR
$10.6B
| $13M | ﹤0.01% |
122,995
+85,832
| +231% | +$10.7M |
|
2123
PUT
WEC Energy
WEC
$36B
| $12.9M | ﹤0.01% |
136,200
+112,900
| +485% | +$10.5M |
|
2124
BHP
BHP
$220B
| $12.9M | ﹤0.01% |
203,333
+199,661
| +5,437% | +$12.9M |
|
|
OSH
2125
CALL
DELISTED
Oak Street Health, Inc.
OSH
| $12.9M | ﹤0.01% |
333,200
+192,500
| +137% | +$6.21M |
|
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.