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 | |
|---|---|---|---|---|---|---|
351
PUT
Spotify
SPOT
$105B
| $199M | 0.04% |
1,487,000
+579,300
| +64% | +$66.3M |
|
352
IBM
IBM
$223B
| $197M | 0.04% |
1,503,903
+510,510
| +51% | +$68.3M |
|
353
Las Vegas Sands
LVS
$29.4B
| $197M | 0.04% |
3,427,415
+3,196,878
| +1,387% | +$179M |
|
354
CALL
MongoDB
MDB
$33.5B
| $196M | 0.04% |
840,100
-1,077,600
| -56% | -$226M |
|
355
PUT
Constellation Brands
STZ
$22.8B
| $195M | 0.04% |
865,400
+360,900
| +72% | +$80.3M |
|
356
CALL
Charter Communications
CHTR
$18.3B
| $195M | 0.04% |
546,300
-618,100
| -53% | -$231M |
|
357
Costco
COST
$423B
| $194M | 0.04% |
391,264
-178,249
| -31% | -$87.4M |
|
358
Chevron
CVX
$382B
| $194M | 0.04% |
1,190,754
+179,433
| +18% | +$30.1M |
|
359
Qualcomm
QCOM
$170B
| $194M | 0.04% |
1,521,365
-601,559
| -28% | -$74.8M |
|
360
State Street SPDR S&P Retail ETF
XRT
$652M
| $193M | 0.04% |
3,050,825
+1,300,403
| +74% | +$85.5M |
|
361
PUT
Amgen
AMGN
$226B
| $193M | 0.04% |
798,200
+55,400
| +7% | +$13.6M |
|
362
CALL
EOG Resources
EOG
$74.6B
| $192M | 0.04% |
1,675,400
-68,300
| -4% | -$8.28M |
|
363
CALL
Intuitive Surgical
ISRG
$139B
| $192M | 0.04% |
750,800
-505,100
| -40% | -$124M |
|
364
CALL
Energy Transfer Partners
ET
$70.9B
| $192M | 0.04% |
15,358,400
+6,366,500
| +71% | +$80.5M |
|
365
CALL
Phillips 66
PSX
$86B
| $191M | 0.04% |
1,884,600
-133,800
| -7% | -$13.6M |
|
366
Wynn Resorts
WYNN
$10.6B
| $191M | 0.04% |
1,703,899
+1,551,473
| +1,018% | +$162M |
|
|
AYX
367
PUT
DELISTED
Alteryx Inc
AYX
| $191M | 0.04% |
3,240,200
+333,300
| +11% | +$19.4M |
|
368
PUT
Sea Limited
SE
$70.3B
| $190M | 0.04% |
2,197,100
+685,700
| +45% | +$46.8M |
|
369
PUT
Marathon Petroleum
MPC
$90B
| $190M | 0.04% |
1,409,100
+318,500
| +29% | +$39.9M |
|
370
CALL
MetLife
MET
$61.7B
| $190M | 0.04% |
3,271,200
+999,600
| +44% | +$67.5M |
|
371
Shopify
SHOP
$200B
| $189M | 0.04% |
3,940,815
-3,617,604
| -48% | -$159M |
|
372
CALL
Trade Desk
TTD
$6.29B
| $188M | 0.04% |
3,090,200
+9,500
| +0.3% | +$506K |
|
373
CALL
Roku
ROKU
$22.5B
| $185M | 0.04% |
2,809,900
+1,054,900
| +60% | +$61.7M |
|
374
CALL
Marriott International
MAR
$90.9B
| $185M | 0.04% |
1,113,100
-44,200
| -4% | -$7.36M |
|
375
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $185M | 0.04% |
666,800
-167,800
| -20% | -$51.3M |
|
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.