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 |
Tesla
TSLA
|
+$2.17B |
| 2 |
Microsoft
MSFT
|
+$619M |
| 3 |
Apple
AAPL
|
+$377M |
| 4 |
Booking.com
BKNG
|
+$319M |
| 5 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$270M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.48B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$896M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$599M |
| 4 |
Citigroup
C
|
+$467M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$430M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.06% |
| 2 | Consumer Discretionary | 1.55% |
| 3 | Financials | 1.15% |
| 4 | Healthcare | 0.96% |
| 5 | Communication Services | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$43.7B
| $222M | 0.06% |
1,632,500
-595,300
| -27% | -$78.9M |
|
302
CALL
Danaher
DHR
$145B
| $220M | 0.06% |
936,240
+138,180
| +17% | +$32M |
|
303
Alibaba
BABA
$312B
| $219M | 0.06% |
2,487,030
+1,390,222
| +127% | +$110M |
|
304
PUT
United Airlines
UAL
$41B
| $219M | 0.06% |
5,798,000
+1,053,600
| +22% | +$42.8M |
|
305
CALL
Ulta Beauty
ULTA
$23.8B
| $218M | 0.06% |
463,900
-88,500
| -16% | -$38.2M |
|
306
Marriott International
MAR
$91.2B
| $216M | 0.05% |
1,452,883
+328,331
| +29% | +$50.6M |
|
307
CALL
SolarEdge
SEDG
$1.97B
| $215M | 0.05% |
760,600
+104,700
| +16% | +$27.8M |
|
308
PUT
Cigna
CI
$74.5B
| $215M | 0.05% |
649,900
-561,100
| -46% | -$178M |
|
309
PUT
Albemarle
ALB
$15.6B
| $214M | 0.05% |
989,000
+465,400
| +89% | +$124M |
|
310
PUT
American Express
AXP
$228B
| $214M | 0.05% |
1,447,600
-534,300
| -27% | -$79.2M |
|
311
PUT
JD.com
JD
$44.8B
| $214M | 0.05% |
3,743,400
+766,400
| +26% | +$38.6M |
|
|
PXD
312
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $213M | 0.05% |
934,800
+262,000
| +39% | +$63.7M |
|
313
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $213M | 0.05% |
2,021,000
-729,200
| -27% | -$76.3M |
|
314
CALL
Rio Tinto
RIO
$165B
| $213M | 0.05% |
2,991,100
+1,337,600
| +81% | +$84M |
|
315
CALL
Phillips 66
PSX
$83.8B
| $210M | 0.05% |
2,018,400
+317,400
| +19% | +$32.5M |
|
316
Wells Fargo
WFC
$264B
| $210M | 0.05% |
5,080,816
-930,388
| -15% | -$41.2M |
|
317
CALL
TJX Companies
TJX
$177B
| $210M | 0.05% |
2,632,700
+1,083,700
| +70% | +$80M |
|
318
CALL
Northrop Grumman
NOC
$82.1B
| $209M | 0.05% |
383,300
-32,000
| -8% | -$16.7M |
|
319
PUT
iShares US Real Estate ETF
IYR
$4.51B
| $209M | 0.05% |
2,482,300
-336,900
| -12% | -$28.3M |
|
320
PUT
Ford
F
$55.2B
| $209M | 0.05% |
17,957,200
-7,565,300
| -30% | -$97.2M |
|
321
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.1B
| $208M | 0.05% |
470,000
+24,600
| +6% | +$10.9M |
|
322
CALL
Newmont
NEM
$121B
| $207M | 0.05% |
4,367,900
-238,100
| -5% | -$10.6M |
|
323
UnitedHealth
UNH
$372B
| $207M | 0.05% |
389,613
+262,450
| +206% | +$139M |
|
324
PUT
iShares China Large-Cap ETF
FXI
$4.33B
| $206M | 0.05% |
7,277,700
-2,759,100
| -27% | -$71.3M |
|
325
PUT
CVS Health
CVS
$122B
| $206M | 0.05% |
2,206,100
+756,300
| +52% | +$73M |
|
Similar funds
Susquehanna International Group's Q4 2022 Portfolio in Review
As of Q4 2022, Susquehanna International Group held 14,748 positions worth $395B, up 2.2% from $387B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Susquehanna International Group's Q4 2022 filing shows 1,670 new, 4,599 increased, 5,766 reduced and 2,485 closed positions. Its largest new stake was Vanguard FTSE All-World ex-US ETF: 2,560,357 shares worth $128M. The largest sale was Amazon, an estimated $1.48B.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 1.9% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q4 2022 buy was Vanguard FTSE All-World ex-US ETF: 2,560,357 shares worth $128M.
- Susquehanna International Group added most to Tesla in Q4 2022, an estimated $2.17B increase.
- Susquehanna International Group's biggest Q4 2022 reduction was Amazon, cutting an estimated $1.48B.
- Susquehanna International Group fully exited Twitter, Inc. in Q4 2022, selling an estimated $76M.
- Susquehanna International Group's ten largest holdings make up 27% of its $395B portfolio in Q4 2022.
- Susquehanna International Group opened 1,670 new positions and closed 2,485 in Q4 2022.
- Susquehanna International Group's portfolio value rose 2.2% quarter-over-quarter to $395B.
Based on Susquehanna International Group's 13F filing for Q4 2022, filed 14 Feb 2023.