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 | |
|---|---|---|---|---|---|---|
476
PUT
Elevance Health
ELV
$85.2B
| $138M | 0.03% |
301,200
+50,900
| +20% | +$24.2M |
|
477
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $137M | 0.03% |
1,829,300
+191,600
| +12% | +$14M |
|
478
FedEx
FDX
$76.5B
| $136M | 0.03% |
597,287
+148,513
| +33% | +$30.2M |
|
|
ATVI
479
DELISTED
Activision Blizzard
ATVI
| $136M | 0.03% |
1,593,495
+271,953
| +21% | +$21.1M |
|
480
CALL
Hilton Worldwide
HLT
$70.4B
| $136M | 0.03% |
966,000
+532,800
| +123% | +$75M |
|
481
PUT
Intuitive Surgical
ISRG
$141B
| $136M | 0.03% |
531,800
-120,300
| -18% | -$29.6M |
|
482
CALL
United Airlines
UAL
$40.9B
| $135M | 0.03% |
3,062,000
-778,500
| -20% | -$37.3M |
|
483
CALL
Royal Caribbean
RCL
$81.6B
| $135M | 0.03% |
2,066,100
-653,300
| -24% | -$43.1M |
|
484
CALL
Cameco
CCJ
$43B
| $134M | 0.03% |
5,121,200
+597,100
| +13% | +$15.8M |
|
485
McDonald's
MCD
$193B
| $133M | 0.03% |
476,117
+77,865
| +20% | +$20.9M |
|
486
Walmart Inc
WMT
$895B
| $133M | 0.03% |
2,703,972
+513,726
| +23% | +$24.4M |
|
487
CALL
American Airlines Group
AAL
$10.2B
| $132M | 0.03% |
8,945,000
-1,943,300
| -18% | -$30.3M |
|
488
State Street SPDR S&P Regional Banking ETF
KRE
$4.59B
| $132M | 0.03% |
3,003,554
+2,413,941
| +409% | +$137M |
|
489
CALL
Cigna
CI
$72.3B
| $131M | 0.03% |
514,600
+19,600
| +4% | +$5.71M |
|
490
PUT
iShares Silver Trust
SLV
$31.6B
| $131M | 0.03% |
5,902,400
-764,300
| -11% | -$15.8M |
|
491
CALL
Arista Networks
ANET
$249B
| $130M | 0.03% |
3,109,200
+465,200
| +18% | +$16M |
|
492
Thermo Fisher Scientific
TMO
$221B
| $129M | 0.03% |
224,631
+65,594
| +41% | +$37M |
|
493
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$146M
| $129M | 0.03% |
718,175
+389,169
| +118% | +$75.3M |
|
494
PUT
Colgate-Palmolive
CL
$73.6B
| $128M | 0.03% |
1,703,700
+619,100
| +57% | +$46M |
|
495
PUT
Twilio
TWLO
$39.2B
| $128M | 0.03% |
1,921,300
-101,400
| -5% | -$6.25M |
|
496
Cheniere Energy
LNG
$55.3B
| $128M | 0.03% |
810,930
+619,633
| +324% | +$93.6M |
|
|
497
PUT
Cheniere Energy
LNG
$55.3B
| $128M | 0.03% |
809,700
-15,300
| -2% | -$2.31M |
|
|
498
State Street Energy Select Sector SPDR ETF
XLE
$39.7B
| $127M | 0.03% |
3,077,884
-9,270,886
| -75% | -$396M |
|
499
PUT
NextEra Energy
NEE
$177B
| $127M | 0.03% |
1,653,300
-675,800
| -29% | -$52M |
|
500
lululemon athletica
LULU
$14.2B
| $127M | 0.03% |
348,868
+180,062
| +107% | +$56.5M |
|
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.