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 | |
|---|---|---|---|---|---|---|
251
Johnson & Johnson
JNJ
$626B
| $297M | 0.06% |
1,917,680
+872,593
| +83% | +$141M |
|
252
PUT
Merck
MRK
$322B
| $297M | 0.06% |
2,789,700
-351,000
| -11% | -$37.9M |
|
253
PUT
CrowdStrike
CRWD
$229B
| $295M | 0.06% |
8,592,800
+4,105,600
| +91% | +$119M |
|
254
CALL
Vanguard S&P 500 ETF
VOO
$1.03T
| $294M | 0.06% |
782,600
+352,200
| +82% | +$129M |
|
255
CALL
iShares China Large-Cap ETF
FXI
$4.35B
| $293M | 0.06% |
9,908,200
-3,781,900
| -28% | -$114M |
|
256
PUT
iShares Semiconductor ETF
SOXX
$45.3B
| $289M | 0.06% |
1,947,000
+321,600
| +20% | +$43.8M |
|
257
PUT
IBM
IBM
$223B
| $288M | 0.06% |
2,199,400
-1,952,600
| -47% | -$261M |
|
258
CALL
BP
BP
$111B
| $288M | 0.06% |
7,598,900
-1,104,000
| -13% | -$41.2M |
|
259
ExxonMobil
XOM
$663B
| $287M | 0.06% |
2,614,465
+895,379
| +52% | +$99M |
|
260
PUT
Coinbase
COIN
$39.3B
| $285M | 0.06% |
4,222,800
-1,585,600
| -27% | -$94.9M |
|
|
261
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.6B
| $285M | 0.06% |
2,599,700
+578,700
| +29% | +$62.7M |
|
262
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $284M | 0.06% |
1,025,900
-288,400
| -22% | -$88.2M |
|
263
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.7B
| $282M | 0.06% |
3,776,400
+1,246,200
| +49% | +$89.3M |
|
|
264
PUT
iShares China Large-Cap ETF
FXI
$4.35B
| $282M | 0.06% |
9,552,200
+2,274,500
| +31% | +$68.3M |
|
265
CALL
Las Vegas Sands
LVS
$29.5B
| $280M | 0.06% |
4,870,700
+755,500
| +18% | +$42.3M |
|
266
PUT
Oracle
ORCL
$434B
| $279M | 0.06% |
3,004,100
-418,000
| -12% | -$36.7M |
|
267
CALL
Applied Materials
AMAT
$420B
| $276M | 0.06% |
2,247,300
+217,800
| +11% | +$25M |
|
268
CALL
Ford
F
$56B
| $274M | 0.06% |
21,709,000
+5,712,900
| +36% | +$71.5M |
|
269
PUT
United Parcel Service
UPS
$88.8B
| $269M | 0.06% |
1,387,300
+362,300
| +35% | +$66.5M |
|
270
CALL
Accenture
ACN
$110B
| $268M | 0.06% |
937,200
+297,500
| +47% | +$81.1M |
|
271
PUT
Strategy Inc
MSTR
$37.2B
| $268M | 0.06% |
9,156,000
-2,503,000
| -21% | -$61.1M |
|
272
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$43.8B
| $267M | 0.06% |
2,064,400
+431,900
| +26% | +$56.4M |
|
|
273
CALL
iShares Semiconductor ETF
SOXX
$45.3B
| $267M | 0.06% |
1,798,500
-373,200
| -17% | -$50.9M |
|
274
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $265M | 0.06% |
3,478,900
-1,660,500
| -32% | -$138M |
|
275
PUT
Northrop Grumman
NOC
$82.3B
| $264M | 0.06% |
571,400
+15,700
| +3% | +$7.29M |
|
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.