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 | |
|---|---|---|---|---|---|---|
951
CALL
Aflac
AFL
$61B
| $49.4M | 0.01% |
766,400
-388,000
| -34% | -$26.6M |
|
952
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$22.4B
| $49.4M | 0.01% |
2,701,858
+2,547,155
| +1,646% | +$37.9M |
|
953
Ecolab
ECL
$79.9B
| $49.4M | 0.01% |
298,634
+164,240
| +122% | +$25.6M |
|
954
PUT
Moody's
MCO
$82.5B
| $49.3M | 0.01% |
161,200
+57,400
| +55% | +$17.3M |
|
955
CALL
LyondellBasell Industries
LYB
$20.6B
| $49.2M | 0.01% |
523,700
+215,700
| +70% | +$20.1M |
|
956
Take-Two Interactive
TTWO
$46.9B
| $49.1M | 0.01% |
411,932
+179,081
| +77% | +$20M |
|
957
Twilio
TWLO
$39.4B
| $49.1M | 0.01% |
737,539
+42,289
| +6% | +$2.61M |
|
958
CALL
Cboe Global Markets
CBOE
$29.5B
| $48.9M | 0.01% |
364,400
+58,800
| +19% | +$7.38M |
|
959
PUT
Hasbro
HAS
$13.7B
| $48.9M | 0.01% |
910,500
-203,000
| -18% | -$11.6M |
|
960
PUT
United States Natural Gas Fund
UNG
$495M
| $48.9M | 0.01% |
1,742,900
+743,750
| +74% | +$27M |
|
961
NIO
NIO
$11.5B
| $48.8M | 0.01% |
4,646,190
+1,926,961
| +71% | +$19.7M |
|
962
SLB Ltd
SLB
$79.4B
| $48.8M | 0.01% |
994,377
-407,694
| -29% | -$21.6M |
|
|
FITB
963
PUT
Fifth Third Bancorp
FITB
$52.2B
| $48.6M | 0.01% |
1,825,400
+1,456,500
| +395% | +$48.4M |
|
964
PUT
Kroger
KR
$34.2B
| $48.6M | 0.01% |
983,700
+102,200
| +12% | +$4.67M |
|
965
Albemarle
ALB
$15.4B
| $48.6M | 0.01% |
219,697
+113,564
| +107% | +$28M |
|
966
PUT
Skyworks Solutions
SWKS
$10.3B
| $48.5M | 0.01% |
411,200
-401,900
| -49% | -$44.5M |
|
967
CALL
C.H. Robinson
CHRW
$17B
| $48.2M | 0.01% |
485,500
-94,700
| -16% | -$9.32M |
|
|
968
CALL
Kroger
KR
$34.2B
| $48.1M | 0.01% |
974,800
-219,500
| -18% | -$10M |
|
969
CALL
Vanguard High Dividend Yield ETF
VYM
$83.7B
| $48.1M | 0.01% |
456,100
+26,100
| +6% | +$2.81M |
|
970
CALL
Monolithic Power Systems
MPWR
$68.7B
| $48.1M | 0.01% |
96,000
+60,300
| +169% | +$27.7M |
|
971
PUT
Kraft Heinz
KHC
$29.2B
| $48M | 0.01% |
1,240,500
-16,200
| -1% | -$641K |
|
|
972
CALL
United States Natural Gas Fund
UNG
$495M
| $47.9M | 0.01% |
1,709,250
+167,825
| +11% | +$6.09M |
|
973
CALL
BILL Holdings
BILL
$4.93B
| $47.9M | 0.01% |
590,300
-175,700
| -23% | -$16.3M |
|
974
TJX Companies
TJX
$173B
| $47.8M | 0.01% |
610,364
-16,184
| -3% | -$1.27M |
|
975
PUT
Becton Dickinson
BDX
$49.4B
| $47.8M | 0.01% |
192,900
-48,200
| -20% | -$11.8M |
|
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.