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 | |
|---|---|---|---|---|---|---|
2201
CALL
Hewlett Packard
HPE
$77.7B
| $12.2M | ﹤0.01% |
764,900
+137,200
| +22% | +$2.16M |
|
2202
CALL
Check Point Software Technologies
CHKP
$13.4B
| $12.2M | ﹤0.01% |
93,700
-57,800
| -38% | -$7.35M |
|
2203
PUT
RB Global
RBA
$15.6B
| $12.1M | ﹤0.01% |
215,700
-62,300
| -22% | -$3.67M |
|
|
CYBR
2204
CALL
DELISTED
CyberArk
CYBR
| $12.1M | ﹤0.01% |
82,000
-600
| -0.7% | -$83.9K |
|
2205
CALL
Keurig Dr Pepper
KDP
$42.8B
| $12.1M | ﹤0.01% |
343,900
-23,700
| -6% | -$833K |
|
2206
PUT
Trump Media & Technology Group
DJT
$2.3B
| $12.1M | ﹤0.01% |
862,900
-681,000
| -44% | -$10.1M |
|
2207
PUT
Arbor Realty Trust
ABR
$950M
| $12.1M | ﹤0.01% |
1,054,800
+729,200
| +224% | +$10.1M |
|
2208
Lincoln National
LNC
$8.7B
| $12.1M | ﹤0.01% |
538,688
+245,641
| +84% | +$7.3M |
|
2209
DigitalOcean
DOCN
$15.3B
| $12.1M | ﹤0.01% |
308,834
+120,045
| +64% | +$3.78M |
|
2210
PUT
Cboe Global Markets
CBOE
$30.9B
| $12.1M | ﹤0.01% |
89,900
-106,100
| -54% | -$13.3M |
|
2211
M&T Bank
MTB
$36.7B
| $12M | ﹤0.01% |
100,624
+22,042
| +28% | +$3.2M |
|
2212
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.21B
| $12M | ﹤0.01% |
286,500
-700
| -0.2% | -$26.3K |
|
|
OSH
2213
PUT
DELISTED
Oak Street Health, Inc.
OSH
| $12M | ﹤0.01% |
310,400
+263,200
| +558% | +$8.49M |
|
2214
PUT
Corpay
CPAY
$27.4B
| $12M | ﹤0.01% |
56,900
+15,700
| +38% | +$3.19M |
|
2215
PUT
Alaska Air
ALK
$5.13B
| $12M | ﹤0.01% |
285,900
+74,600
| +35% | +$3.5M |
|
2216
Navios Maritime Partners
NMM
$2.33B
| $12M | ﹤0.01% |
495,912
+336,836
| +212% | +$8.69M |
|
2217
CALL
Factset
FDS
$10.1B
| $12M | ﹤0.01% |
28,800
-16,300
| -36% | -$6.79M |
|
2218
PUT
Kinsale Capital Group
KNSL
$8.64B
| $11.9M | ﹤0.01% |
39,800
+1,400
| +4% | +$410K |
|
2219
PUT
Frontline
FRO
$9.17B
| $11.9M | ﹤0.01% |
721,300
-637,100
| -47% | -$10M |
|
2220
CALL
B2Gold
BTG
$6.79B
| $11.9M | ﹤0.01% |
3,031,500
+2,067,700
| +215% | +$7.69M |
|
2221
CALL
Academy Sports + Outdoors
ASO
$2.98B
| $11.9M | ﹤0.01% |
182,800
-126,100
| -41% | -$7.43M |
|
2222
iShares Expanded Tech Sector ETF
IGM
$10.9B
| $11.9M | ﹤0.01% |
210,840
+5,100
| +2% | +$266K |
|
2223
CALL
Gartner
IT
$11.4B
| $11.9M | ﹤0.01% |
36,600
-302,300
| -89% | -$99.9M |
|
2224
CALL
Shake Shack
SHAK
$3.02B
| $11.9M | ﹤0.01% |
214,500
-88,600
| -29% | -$4.89M |
|
2225
CALL
ArcBest
ARCB
$3.19B
| $11.9M | ﹤0.01% |
128,700
+92,600
| +257% | +$8.32M |
|
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.