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 | |
|---|---|---|---|---|---|---|
2676
PUT
East-West Bancorp
EWBC
$18.7B
| $8.44M | ﹤0.01% |
+152,100
| New | +$10.5M |
|
2677
CALL
Watsco Inc
WSO
$12.9B
| $8.43M | ﹤0.01% |
26,500
+18,200
| +219% | +$5.35M |
|
2678
LKQ Corp
LKQ
$6.43B
| $8.43M | ﹤0.01% |
148,469
-29,648
| -17% | -$1.67M |
|
2679
CALL
AvalonBay Communities
AVB
$26.3B
| $8.42M | ﹤0.01% |
50,100
+14,200
| +40% | +$2.42M |
|
2680
CALL
Church & Dwight Co
CHD
$24B
| $8.42M | ﹤0.01% |
95,200
+34,200
| +56% | +$2.85M |
|
2681
CALL
iShares Core MSCI EAFE ETF
IEFA
$196B
| $8.41M | ﹤0.01% |
125,800
+28,400
| +29% | +$1.86M |
|
|
RVNC
2682
CALL
DELISTED
Revance Therapeutics, Inc.
RVNC
| $8.4M | ﹤0.01% |
260,900
-374,700
| -59% | -$11.7M |
|
2683
CALL
TechnipFMC
FTI
$30.8B
| $8.4M | ﹤0.01% |
615,600
+416,200
| +209% | +$5.64M |
|
2684
PUT
Equinor
EQNR
$96.8B
| $8.4M | ﹤0.01% |
295,400
+113,800
| +63% | +$3.43M |
|
2685
PUT
Yum China
YUMC
$16.3B
| $8.39M | ﹤0.01% |
132,400
-900
| -0.7% | -$54.3K |
|
|
GOOS
2686
PUT
Canada Goose Holdings
GOOS
$854M
| $8.39M | ﹤0.01% |
435,600
+156,900
| +56% | +$3.1M |
|
2687
CALL
Textron
TXT
$15.3B
| $8.38M | ﹤0.01% |
118,600
-104,100
| -47% | -$7.42M |
|
2688
PUT
Cheesecake Factory
CAKE
$5.64B
| $8.37M | ﹤0.01% |
238,700
-87,700
| -27% | -$3.26M |
|
2689
PUT
Aehr Test Systems
AEHR
$4.37B
| $8.37M | ﹤0.01% |
269,700
+171,800
| +175% | +$5.53M |
|
2690
CALL
Commercial Metals
CMC
$7.92B
| $8.36M | ﹤0.01% |
170,900
-99,000
| -37% | -$5.13M |
|
2691
CALL
Carlyle Group
CG
$17.6B
| $8.36M | ﹤0.01% |
269,000
-151,800
| -36% | -$5.06M |
|
2692
iShares Gold Trust Micro
IAUM
$6.93B
| $8.35M | ﹤0.01% |
424,233
-368,446
| -46% | -$6.96M |
|
|
JKS
2693
PUT
JinkoSolar
JKS
$877M
| $8.35M | ﹤0.01% |
163,700
+83,500
| +104% | +$4.37M |
|
2694
CALL
TG Therapeutics
TGTX
$7.46B
| $8.35M | ﹤0.01% |
555,100
-142,200
| -20% | -$2.16M |
|
2695
CALL
Ares Management
ARES
$32.5B
| $8.34M | ﹤0.01% |
100,000
+16,300
| +19% | +$1.3M |
|
2696
CALL
New York Times
NYT
$10.4B
| $8.34M | ﹤0.01% |
214,600
+120,600
| +128% | +$4.44M |
|
2697
CALL
Concentrix
CNXC
$1.49B
| $8.31M | ﹤0.01% |
68,400
+30,700
| +81% | +$4.17M |
|
|
SGI
2698
CALL
Somnigroup International
SGI
$13.9B
| $8.3M | ﹤0.01% |
210,300
-555,200
| -73% | -$22.1M |
|
|
ARNC
2699
PUT
DELISTED
Arconic Corporation
ARNC
| $8.3M | ﹤0.01% |
316,500
+277,100
| +703% | +$6.81M |
|
2700
Magnolia Oil & Gas
MGY
$6.22B
| $8.29M | ﹤0.01% |
378,856
+191,580
| +102% | +$4.25M |
|
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.