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 | |
|---|---|---|---|---|---|---|
2626
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$273M
| $8.67M | ﹤0.01% |
7,456
-17,116
| -70% | -$22.9M |
|
2627
CALL
Winnebago Industries
WGO
$892M
| $8.67M | ﹤0.01% |
150,200
-18,200
| -11% | -$1.11M |
|
2628
CALL
Kyndryl
KD
$2.87B
| $8.67M | ﹤0.01% |
587,100
+137,900
| +31% | +$1.96M |
|
2629
CALL
SL Green Realty
SLG
$3.97B
| $8.66M | ﹤0.01% |
368,400
+212,100
| +136% | +$7.16M |
|
2630
PUT
Eastman Chemical
EMN
$8.47B
| $8.66M | ﹤0.01% |
102,700
+63,800
| +164% | +$5.48M |
|
2631
PUT
LKQ Corp
LKQ
$6.43B
| $8.66M | ﹤0.01% |
152,500
-6,700
| -4% | -$378K |
|
2632
CALL
Innovative Industrial Properties
IIPR
$1.62B
| $8.66M | ﹤0.01% |
113,900
-10,100
| -8% | -$892K |
|
2633
CALL
Fortive
FTV
$18.6B
| $8.65M | ﹤0.01% |
168,396
+114,785
| +214% | +$5.77M |
|
|
CIVI
2634
CALL
DELISTED
Civitas Resources
CIVI
| $8.65M | ﹤0.01% |
126,500
+42,600
| +51% | +$2.76M |
|
2635
Madison Square Garden
MSGS
$9.8B
| $8.63M | ﹤0.01% |
+44,304
| New | +$8.25M |
|
2636
PUT
Super Micro Computer
SMCI
$25.8B
| $8.63M | ﹤0.01% |
810,000
-2,861,000
| -78% | -$25.8M |
|
2637
CALL
ProShares UltraShort Bloomberg Crude Oil
SCO
$594M
| $8.63M | ﹤0.01% |
85,525
-26,250
| -23% | -$2.7M |
|
2638
JPMorgan BetaBuilders International Equity ETF
BBIN
$6.58B
| $8.62M | ﹤0.01% |
+160,038
| New | +$8.46M |
|
2639
Snap-on
SNA
$20.9B
| $8.62M | ﹤0.01% |
34,906
+14,824
| +74% | +$3.62M |
|
2640
CALL
Icahn Enterprises
IEP
$5.27B
| $8.61M | ﹤0.01% |
166,600
+89,300
| +116% | +$4.72M |
|
2641
CALL
Waters Corp
WAT
$40.5B
| $8.61M | ﹤0.01% |
27,800
-27,500
| -50% | -$8.9M |
|
2642
PUT
Neurocrine Biosciences
NBIX
$15.5B
| $8.6M | ﹤0.01% |
85,000
+79,500
| +1,445% | +$8.27M |
|
|
ISEE
2643
PUT
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $8.6M | ﹤0.01% |
353,600
+157,400
| +80% | +$3.45M |
|
2644
Flowers Foods
FLO
$1.59B
| $8.6M | ﹤0.01% |
313,680
-406,084
| -56% | -$11.2M |
|
2645
Franco-Nevada
FNV
$45.2B
| $8.59M | ﹤0.01% |
58,885
+36,862
| +167% | +$5.14M |
|
2646
CALL
Rocket Companies
RKT
$41.8B
| $8.58M | ﹤0.01% |
947,100
+385,500
| +69% | +$3.32M |
|
2647
Macerich
MAC
$7.01B
| $8.58M | ﹤0.01% |
808,975
-89,343
| -10% | -$1.06M |
|
2648
CALL
Western Midstream Partners
WES
$20.2B
| $8.57M | ﹤0.01% |
325,000
-286,300
| -47% | -$7.69M |
|
2649
PUT
Equity Residential
EQR
$24.7B
| $8.57M | ﹤0.01% |
142,800
+16,100
| +13% | +$988K |
|
2650
PUT
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.3B
| $8.56M | ﹤0.01% |
154,600
+132,000
| +584% | +$6.99M |
|
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.