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 | |
|---|---|---|---|---|---|---|
776
PUT
TJX Companies
TJX
$173B
| $68.8M | 0.01% |
877,800
-284,500
| -24% | -$22.4M |
|
|
FINV
777
FinVolution Group
FINV
$1.08B
| $68.8M | 0.01% |
16,493,362
+4,400
| +0% | +$22.3K |
|
778
PUT
Norfolk Southern
NSC
$75.1B
| $68.4M | 0.01% |
322,600
+166,600
| +107% | +$38.5M |
|
779
CALL
General Dynamics
GD
$106B
| $68.4M | 0.01% |
299,600
+29,700
| +11% | +$6.86M |
|
780
Charter Communications
CHTR
$18.4B
| $68.3M | 0.01% |
191,104
-19,214
| -9% | -$7.18M |
|
|
MMP
781
CALL
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $68.3M | 0.01% |
1,257,900
+201,000
| +19% | +$10.7M |
|
782
PUT
Hilton Worldwide
HLT
$70.6B
| $68.1M | 0.01% |
483,400
-345,200
| -42% | -$48.6M |
|
783
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $67.4M | 0.01% |
780,800
-7,300
| -0.9% | -$629K |
|
784
PUT
Sherwin-Williams
SHW
$88.2B
| $67.1M | 0.01% |
298,400
-55,600
| -16% | -$12.7M |
|
785
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.51B
| $66.7M | 0.01% |
1,689,200
-1,335,600
| -44% | -$49.3M |
|
786
CALL
Idexx Laboratories
IDXX
$46.4B
| $66.7M | 0.01% |
133,400
-62,400
| -32% | -$29.9M |
|
|
EA
787
PUT
DELISTED
Electronic Arts
EA
| $66.7M | 0.01% |
553,400
-247,700
| -31% | -$29.1M |
|
788
CALL
Fidelity National Information Services
FIS
$22.1B
| $66.4M | 0.01% |
1,221,900
+149,600
| +14% | +$9.74M |
|
789
PUT
EQT Corp
EQT
$33.7B
| $66M | 0.01% |
2,069,500
-1,565,200
| -43% | -$50.2M |
|
790
Elevance Health
ELV
$85.2B
| $65.9M | 0.01% |
143,354
+48,100
| +50% | +$22.9M |
|
791
CALL
TotalEnergies
TTE
$196B
| $65.9M | 0.01% |
1,115,700
+148,400
| +15% | +$9.13M |
|
792
PUT
DexCom
DXCM
$33.5B
| $65.8M | 0.01% |
566,500
-397,500
| -41% | -$44.5M |
|
793
PUT
O'Reilly Automotive
ORLY
$75.4B
| $65.8M | 0.01% |
1,162,500
-196,500
| -14% | -$10.8M |
|
794
Marvell Technology
MRVL
$189B
| $65.3M | 0.01% |
1,508,588
-219,179
| -13% | -$9.23M |
|
|
WBA
795
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $65.2M | 0.01% |
1,886,200
+477,500
| +34% | +$16.9M |
|
796
CALL
State Street SPDR S&P Bank ETF
KBE
$1.72B
| $65.2M | 0.01% |
1,759,100
+1,514,600
| +619% | +$68.1M |
|
797
CALL
US Bancorp
USB
$99.9B
| $65.1M | 0.01% |
1,805,400
+415,300
| +30% | +$18.5M |
|
798
PUT
Zillow
Z
$7.76B
| $65M | 0.01% |
1,462,600
+21,300
| +1% | +$905K |
|
799
Southwest Airlines
LUV
$22.3B
| $65M | 0.01% |
1,996,342
+1,775,113
| +802% | +$60.4M |
|
|
800
PUT
US Bancorp
USB
$99.9B
| $64.8M | 0.01% |
1,797,000
+1,098,000
| +157% | +$48.9M |
|
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.