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 | |
|---|---|---|---|---|---|---|
|
AXON
726
CALL
Axon Enterprise
AXON
$50.4B
| $75.3M | 0.02% |
334,700
+78,700
| +31% | +$15.6M |
|
727
3M
MMM
$94.8B
| $75.1M | 0.02% |
854,482
+260,778
| +44% | +$24.6M |
|
728
ConocoPhillips
COP
$149B
| $75M | 0.02% |
756,191
+131,365
| +21% | +$14.4M |
|
729
CALL
Caesars Entertainment
CZR
$6.1B
| $75M | 0.02% |
1,536,600
+467,000
| +44% | +$22.9M |
|
730
CALL
Take-Two Interactive
TTWO
$47.5B
| $74.8M | 0.02% |
627,000
-660,100
| -51% | -$73.6M |
|
731
PUT
Prologis
PLD
$132B
| $74M | 0.02% |
592,900
+261,800
| +79% | +$32.2M |
|
732
CALL
eBay
EBAY
$47.2B
| $73.7M | 0.02% |
1,661,800
+339,200
| +26% | +$15.5M |
|
733
CALL
APA Corp
APA
$14.2B
| $73.1M | 0.02% |
2,027,900
+60,300
| +3% | +$2.42M |
|
734
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.75B
| $73.1M | 0.02% |
99,568
-91,048
| -48% | -$89.5M |
|
735
PUT
Global Payments
GPN
$22.8B
| $73.1M | 0.02% |
694,300
+331,000
| +91% | +$35.9M |
|
736
PUT
TransDigm Group
TDG
$68.7B
| $72.8M | 0.02% |
98,800
+61,600
| +166% | +$44M |
|
737
Medtronic
MDT
$115B
| $72.8M | 0.02% |
902,554
+369,730
| +69% | +$30.1M |
|
738
CALL
Ross Stores
ROST
$81B
| $72.7M | 0.02% |
685,100
-53,200
| -7% | -$5.98M |
|
739
Waste Management
WM
$91.5B
| $72.7M | 0.02% |
445,262
+275,811
| +163% | +$42.2M |
|
740
CALL
Cummins
CMI
$88.8B
| $72.5M | 0.02% |
303,500
-70,600
| -19% | -$17.2M |
|
741
Mondelez International
MDLZ
$78.3B
| $72.5M | 0.02% |
1,039,854
+310,073
| +42% | +$20.5M |
|
742
PUT
General Mills
GIS
$20B
| $72.3M | 0.02% |
846,300
+364,600
| +76% | +$29.1M |
|
743
PUT
Nutanix
NTNX
$17.5B
| $72.3M | 0.02% |
2,782,000
+1,715,500
| +161% | +$46.4M |
|
744
CALL
DuPont de Nemours
DD
$19.7B
| $72.3M | 0.02% |
802,323
+302,654
| +61% | +$27.6M |
|
745
CALL
Super Micro Computer
SMCI
$20.6B
| $71.8M | 0.02% |
6,741,000
+1,806,000
| +37% | +$16.3M |
|
746
CALL
Zoetis
ZTS
$31.2B
| $71.8M | 0.02% |
431,500
-78,100
| -15% | -$12.8M |
|
747
Diamondback Energy
FANG
$56.4B
| $71.8M | 0.02% |
531,035
+334,101
| +170% | +$46.5M |
|
|
HES
748
PUT
DELISTED
Hess
HES
| $71.6M | 0.02% |
541,100
-47,700
| -8% | -$6.64M |
|
749
Target
TGT
$70.2B
| $71.5M | 0.02% |
431,772
-232,034
| -35% | -$38.1M |
|
750
CALL
Burlington
BURL
$23B
| $71.4M | 0.02% |
353,200
-378,000
| -52% | -$82.6M |
|
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.