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 | |
|---|---|---|---|---|---|---|
801
CALL
Deckers Outdoor
DECK
$12.8B
| $64.8M | 0.01% |
864,600
+357,000
| +70% | +$25M |
|
802
CALL
Archer Daniels Midland
ADM
$38.3B
| $64.8M | 0.01% |
813,100
-122,300
| -13% | -$9.99M |
|
803
Air Products & Chemicals
APD
$68.8B
| $64.8M | 0.01% |
225,465
+141,159
| +167% | +$41.2M |
|
804
PUT
iShares Core S&P 500 ETF
IVV
$904B
| $64.7M | 0.01% |
157,500
-24,000
| -13% | -$9.62M |
|
805
PUT
Western Digital
WDC
$153B
| $64.7M | 0.01% |
2,270,930
+131,242
| +6% | +$3.85M |
|
|
806
PUT
Archer Daniels Midland
ADM
$38.3B
| $64.6M | 0.01% |
811,500
+353,200
| +77% | +$28.8M |
|
807
PUT
CF Industries
CF
$18.1B
| $64.6M | 0.01% |
891,700
+73,400
| +9% | +$6M |
|
808
PUT
APA Corp
APA
$14.3B
| $64.6M | 0.01% |
1,791,500
-292,000
| -14% | -$11.7M |
|
809
Baidu
BIDU
$36B
| $64.5M | 0.01% |
427,088
-482,399
| -53% | -$68.4M |
|
810
CALL
Norfolk Southern
NSC
$75.1B
| $64.3M | 0.01% |
303,200
-93,200
| -24% | -$21.6M |
|
811
Centene
CNC
$32.8B
| $64.1M | 0.01% |
1,013,462
+800,956
| +377% | +$56.9M |
|
812
CALL
Nice
NICE
$5.99B
| $64M | 0.01% |
279,400
+238,400
| +581% | +$50.1M |
|
813
CALL
WIX.com
WIX
$2.75B
| $63.7M | 0.01% |
638,500
+267,200
| +72% | +$23.5M |
|
814
PUT
Whirlpool
WHR
$2.85B
| $63.4M | 0.01% |
480,500
+241,000
| +101% | +$34.3M |
|
815
Vanguard Real Estate ETF
VNQ
$38.4B
| $63.4M | 0.01% |
763,293
-120,718
| -14% | -$10.4M |
|
816
Ferguson
FERG
$49.1B
| $63.4M | 0.01% |
473,705
+383,036
| +422% | +$53.2M |
|
817
Analog Devices
ADI
$189B
| $63.2M | 0.01% |
320,678
-48,313
| -13% | -$8.66M |
|
|
MRSH
818
Marsh
MRSH
$91.1B
| $63.1M | 0.01% |
379,005
+172,300
| +83% | +$28.7M |
|
819
PUT
BILL Holdings
BILL
$4.96B
| $63.1M | 0.01% |
777,200
+216,700
| +39% | +$20.1M |
|
820
CALL
Autodesk
ADSK
$53.2B
| $62.9M | 0.01% |
302,200
-82,700
| -21% | -$17M |
|
|
821
PUT
Nice
NICE
$5.99B
| $62.9M | 0.01% |
274,700
+209,700
| +323% | +$44M |
|
|
HZNP
822
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $62.3M | 0.01% |
570,700
-435,000
| -43% | -$48.1M |
|
823
CALL
Unilever
UL
$134B
| $62.2M | 0.01% |
1,065,244
+184,888
| +21% | +$10.5M |
|
|
BNY
824
CALL
Bank of New York Mellon
BNY
$109B
| $62M | 0.01% |
1,364,000
+768,300
| +129% | +$37.3M |
|
825
PUT
Advance Auto Parts
AAP
$3.33B
| $61.9M | 0.01% |
509,300
+69,800
| +16% | +$9.77M |
|
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.