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 | |
|---|---|---|---|---|---|---|
601
CALL
Apollo Global Management
APO
$76B
| $96.7M | 0.02% |
1,530,900
+329,700
| +27% | +$22.1M |
|
602
PUT
Avis
CAR
$4.9B
| $96.5M | 0.02% |
495,400
-72,200
| -13% | -$14.5M |
|
603
PUT
Kimberly-Clark
KMB
$35.9B
| $95.9M | 0.02% |
714,700
+251,700
| +54% | +$32.7M |
|
604
PUT
Okta
OKTA
$26.2B
| $95.8M | 0.02% |
1,110,600
-28,600
| -3% | -$2.18M |
|
605
Abbott
ABT
$188B
| $95.7M | 0.02% |
945,357
+213,676
| +29% | +$22.6M |
|
606
CALL
Chewy
CHWY
$9.25B
| $95.5M | 0.02% |
2,554,600
-517,700
| -17% | -$21.4M |
|
607
PUT
Sarepta Therapeutics
SRPT
$1.81B
| $95.3M | 0.02% |
691,600
+494,800
| +251% | +$64.2M |
|
608
Lockheed Martin
LMT
$139B
| $95.3M | 0.02% |
201,577
+91,016
| +82% | +$42.7M |
|
609
CALL
Southern Company
SO
$105B
| $95.3M | 0.02% |
1,369,000
+557,900
| +69% | +$37.6M |
|
610
Ford
F
$55.8B
| $95.1M | 0.02% |
7,546,666
+318,021
| +4% | +$3.98M |
|
611
PUT
Philip Morris
PM
$290B
| $94.8M | 0.02% |
975,100
+188,500
| +24% | +$18.8M |
|
612
CALL
Prudential Financial
PRU
$42.1B
| $94.8M | 0.02% |
1,145,900
+381,200
| +50% | +$36.4M |
|
613
PUT
Marvell Technology
MRVL
$187B
| $94.7M | 0.02% |
2,186,800
-50,600
| -2% | -$2.13M |
|
614
PUT
Futu Holdings
FUTU
$15.2B
| $94.2M | 0.02% |
1,817,700
+114,800
| +7% | +$5.58M |
|
615
RTX Corp
RTX
$302B
| $94M | 0.02% |
959,825
+220,980
| +30% | +$21.8M |
|
616
Northrop Grumman
NOC
$82.1B
| $93.3M | 0.02% |
202,043
+113,600
| +128% | +$52.7M |
|
617
PUT
Capital One
COF
$134B
| $93.1M | 0.02% |
967,800
+311,100
| +47% | +$32.6M |
|
618
CALL
iShares Gold Trust
IAU
$65.1B
| $92.8M | 0.02% |
2,482,800
+2,275,600
| +1,098% | +$81.7M |
|
619
PUT
Southwest Airlines
LUV
$22B
| $92.7M | 0.02% |
2,849,200
+1,453,100
| +104% | +$49.4M |
|
620
CALL
BHP
BHP
$230B
| $92.4M | 0.02% |
1,456,500
-94,900
| -6% | -$6.12M |
|
621
CALL
Kinder Morgan
KMI
$69.9B
| $92.3M | 0.02% |
5,270,100
+83,400
| +2% | +$1.48M |
|
|
622
CALL
Philip Morris
PM
$290B
| $92.2M | 0.02% |
948,100
-70,600
| -7% | -$7.04M |
|
623
PUT
Clorox
CLX
$13B
| $92M | 0.02% |
581,300
-72,900
| -11% | -$10.9M |
|
|
FISV
624
CALL
Fiserv Inc
FISV
$27.8B
| $91.6M | 0.02% |
810,600
-61,800
| -7% | -$6.8M |
|
625
CALL
Crocs
CROX
$6.63B
| $91.5M | 0.02% |
723,500
+69,800
| +11% | +$8.43M |
|
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.