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 | |
|---|---|---|---|---|---|---|
651
Lowe's Companies
LOW
$123B
| $88.4M | 0.02% |
442,148
+107,582
| +32% | +$21.9M |
|
|
X
652
PUT
DELISTED
US Steel
X
| $88.3M | 0.02% |
3,381,700
-2,537,200
| -43% | -$70.5M |
|
653
Airbnb
ABNB
$111B
| $88.1M | 0.02% |
708,259
+97,189
| +16% | +$11.1M |
|
654
CALL
Vertex Pharmaceuticals
VRTX
$133B
| $87.7M | 0.02% |
278,200
-44,500
| -14% | -$13.3M |
|
655
PUT
Take-Two Interactive
TTWO
$47.4B
| $87.6M | 0.02% |
734,300
-30,700
| -4% | -$3.42M |
|
656
PUT
ProShares Bitcoin Strategy ETF
BITO
$1.44B
| $87.4M | 0.02% |
4,986,300
+3,309,600
| +197% | +$47.5M |
|
657
PUT
ZIM Integrated Shipping Services
ZIM
$3.04B
| $87.1M | 0.02% |
3,691,900
+2,123,200
| +135% | +$44.6M |
|
658
PUT
SLB Ltd
SLB
$78.9B
| $87M | 0.02% |
1,771,700
-957,700
| -35% | -$50.9M |
|
659
PUT
Waste Management
WM
$90.6B
| $86.8M | 0.02% |
531,800
+231,300
| +77% | +$35.4M |
|
660
CALL
Vanguard Information Technology ETF
VGT
$147B
| $86.4M | 0.02% |
1,792,800
-335,200
| -16% | -$14.8M |
|
661
PUT
Dow Inc
DOW
$22.1B
| $85.8M | 0.02% |
1,565,200
+136,000
| +10% | +$7.65M |
|
662
CALL
Snap
SNAP
$9.05B
| $85.8M | 0.02% |
7,652,200
-2,734,200
| -26% | -$28.7M |
|
663
CALL
Progressive
PGR
$124B
| $85.7M | 0.02% |
599,000
+137,100
| +30% | +$18.9M |
|
664
PUT
KraneShares CSI China Internet ETF
KWEB
$5.76B
| $85.6M | 0.02% |
2,745,500
-731,100
| -21% | -$23.4M |
|
665
CALL
MGM Resorts International
MGM
$10.9B
| $85.3M | 0.02% |
1,919,400
+827,400
| +76% | +$34.4M |
|
666
CALL
First Citizens BancShares
FCNCA
$25.2B
| $85.2M | 0.02% |
87,600
+65,900
| +304% | +$48.9M |
|
667
PUT
AstraZeneca
AZN
$251B
| $85M | 0.02% |
612,500
-140,950
| -19% | -$19M |
|
|
FRC
668
PUT
DELISTED
First Republic Bank
FRC
| $84.8M | 0.02% |
6,063,700
+6,027,700
| +16,744% | +$618M |
|
|
669
PUT
MGM Resorts International
MGM
$10.9B
| $83.7M | 0.02% |
1,885,100
+724,400
| +62% | +$30.1M |
|
670
CALL
CME Group
CME
$94.8B
| $83.4M | 0.02% |
435,400
+107,100
| +33% | +$19.4M |
|
671
PUT
NXP Semiconductors
NXPI
$58.9B
| $83.3M | 0.02% |
446,600
-40,900
| -8% | -$7.29M |
|
|
CTRA
672
CALL
DELISTED
Coterra Energy
CTRA
| $83.3M | 0.02% |
3,392,700
+655,600
| +24% | +$16.1M |
|
673
CALL
D.R. Horton
DHI
$41B
| $82.8M | 0.02% |
847,200
-325,500
| -28% | -$31M |
|
674
PUT
GameStop
GME
$8.43B
| $82.7M | 0.02% |
3,594,600
-6,570,400
| -65% | -$131M |
|
675
Uber
UBER
$159B
| $82.4M | 0.02% |
2,599,968
+201,176
| +8% | +$6.38M |
|
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.