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 | |
|---|---|---|---|---|---|---|
501
PUT
Stryker
SYK
$133B
| $126M | 0.03% |
442,600
+201,400
| +83% | +$53.4M |
|
502
PUT
PNC Financial Services
PNC
$100B
| $126M | 0.03% |
994,000
+419,200
| +73% | +$63.2M |
|
503
CALL
Cheniere Energy
LNG
$54.9B
| $126M | 0.03% |
801,400
+250,700
| +46% | +$37.9M |
|
504
CALL
ProShares UltraShort Bloomberg Natural Gas
KOLD
$98.3M
| $125M | 0.03% |
3,451,600
+771,400
| +29% | +$21.2M |
|
505
Netflix
NFLX
$318B
| $125M | 0.03% |
3,613,530
+361,410
| +11% | +$12M |
|
|
506
CALL
Stryker
SYK
$133B
| $125M | 0.03% |
436,200
+96,300
| +28% | +$25.5M |
|
507
CALL
iShares Biotechnology ETF
IBB
$9.82B
| $124M | 0.03% |
963,900
+656,200
| +213% | +$85.9M |
|
508
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$22.2B
| $124M | 0.03% |
6,781,300
+2,252,000
| +50% | +$33.5M |
|
509
PUT
Alcoa
AA
$13.6B
| $123M | 0.03% |
2,881,700
-558,500
| -16% | -$26.9M |
|
510
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$146M
| $122M | 0.03% |
680,675
+302,381
| +80% | +$58.5M |
|
511
CALL
Strategy Inc
MSTR
$37.4B
| $122M | 0.03% |
4,180,000
-1,670,000
| -29% | -$40.8M |
|
512
Intuit
INTU
$91.5B
| $122M | 0.03% |
273,478
+105,310
| +63% | +$43.2M |
|
513
PUT
Altria Group
MO
$109B
| $122M | 0.03% |
2,728,600
-644,700
| -19% | -$29.6M |
|
514
Caterpillar
CAT
$385B
| $122M | 0.03% |
530,973
-61,802
| -10% | -$14.9M |
|
515
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.29B
| $120M | 0.03% |
1,643,300
+832,500
| +103% | +$57.5M |
|
516
CALL
AMC Entertainment Holdings
AMC
$2.16B
| $120M | 0.03% |
2,397,790
+263,490
| +12% | +$14M |
|
517
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $120M | 0.03% |
261,900
-208,100
| -44% | -$97M |
|
518
Cisco
CSCO
$483B
| $120M | 0.03% |
2,292,428
-384,116
| -14% | -$18.8M |
|
|
XYZ
519
Block Inc
XYZ
$47.5B
| $119M | 0.03% |
1,731,560
+230,113
| +15% | +$17.2M |
|
520
CALL
Okta
OKTA
$26.2B
| $118M | 0.03% |
1,373,700
-106,000
| -7% | -$8.07M |
|
521
CALL
Automatic Data Processing
ADP
$109B
| $118M | 0.03% |
531,800
+81,200
| +18% | +$18.3M |
|
522
Payoneer
PAYO
$2.4B
| $118M | 0.03% |
18,819,651
+18,797,758
| +85,862% | +$112M |
|
523
CALL
Marvell Technology
MRVL
$187B
| $118M | 0.03% |
2,717,900
-118,600
| -4% | -$4.99M |
|
524
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.62B
| $118M | 0.03% |
922,072
+715,728
| +347% | +$95M |
|
525
PUT
State Street SPDR S&P Retail ETF
XRT
$652M
| $117M | 0.02% |
1,847,200
+430,500
| +30% | +$28.3M |
|
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.