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 | 1.34% |
| 4 | Healthcare | 1.15% |
| 5 | Communication Services | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
CALL
CrowdStrike
CRWD
$230B
| $334M | 0.07% |
9,731,200
+2,893,200
| +42% | +$83.7M |
|
227
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.54B
| $329M | 0.07% |
7,496,400
+4,242,300
| +130% | +$241M |
|
228
PUT
T-Mobile US
TMUS
$188B
| $329M | 0.07% |
2,268,900
+248,300
| +12% | +$36M |
|
229
PUT
Nike
NKE
$62.2B
| $327M | 0.07% |
2,664,700
-541,800
| -17% | -$66.6M |
|
230
CALL
Verizon
VZ
$194B
| $327M | 0.07% |
8,398,000
+1,862,300
| +28% | +$73.4M |
|
231
CALL
Humana
HUM
$46.3B
| $325M | 0.07% |
668,700
+101,900
| +18% | +$50.4M |
|
232
CALL
Shopify
SHOP
$199B
| $324M | 0.07% |
6,758,600
-3,436,600
| -34% | -$151M |
|
233
CALL
Baidu
BIDU
$37.1B
| $324M | 0.07% |
2,146,200
+185,800
| +9% | +$26.4M |
|
234
CALL
FedEx
FDX
$76.8B
| $324M | 0.07% |
1,416,700
+342,000
| +32% | +$69.4M |
|
235
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.4B
| $323M | 0.07% |
4,241,100
+262,200
| +7% | +$21.8M |
|
236
PUT
Airbnb
ABNB
$109B
| $316M | 0.07% |
2,539,200
-1,234,900
| -33% | -$141M |
|
237
Advanced Micro Devices
AMD
$780B
| $316M | 0.07% |
3,222,856
-1,159,143
| -26% | -$94.3M |
|
238
CALL
Coinbase
COIN
$39.5B
| $315M | 0.07% |
4,659,800
+689,500
| +17% | +$41.3M |
|
239
PUT
AutoZone
AZO
$50.3B
| $312M | 0.07% |
127,000
-18,900
| -13% | -$46.1M |
|
240
PUT
Albemarle
ALB
$15.5B
| $307M | 0.07% |
1,388,900
+399,900
| +40% | +$98.5M |
|
241
PUT
Blackstone
BX
$111B
| $306M | 0.07% |
3,485,400
-1,344,600
| -28% | -$119M |
|
242
PUT
Deere & Co
DE
$164B
| $305M | 0.06% |
739,500
+15,600
| +2% | +$6.46M |
|
243
CALL
CVS Health
CVS
$121B
| $305M | 0.06% |
4,100,400
+1,367,100
| +50% | +$115M |
|
244
PUT
Lockheed Martin
LMT
$139B
| $304M | 0.06% |
644,100
-374,900
| -37% | -$176M |
|
245
PUT
Starbucks
SBUX
$120B
| $304M | 0.06% |
2,919,200
-25,600
| -0.9% | -$2.66M |
|
246
CALL
Ulta Beauty
ULTA
$23.8B
| $303M | 0.06% |
554,900
+91,000
| +20% | +$46.7M |
|
247
PUT
Texas Instruments
TXN
$258B
| $303M | 0.06% |
1,627,200
-327,300
| -17% | -$57.5M |
|
248
Broadcom
AVGO
$2.03T
| $302M | 0.06% |
4,705,000
+1,070,260
| +29% | +$64.4M |
|
249
CALL
Bristol-Myers Squibb
BMY
$133B
| $300M | 0.06% |
4,327,700
+195,600
| +5% | +$13.8M |
|
250
CALL
Sea Limited
SE
$70B
| $300M | 0.06% |
3,464,300
+234,400
| +7% | +$16M |
|
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.