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 | |
|---|---|---|---|---|---|---|
1076
Republic Services
RSG
$65.9B
| $40.8M | 0.01% |
301,836
+223,383
| +285% | +$28.5M |
|
1077
PUT
Halliburton
HAL
$28.2B
| $40.8M | 0.01% |
1,289,500
+123,600
| +11% | +$4.58M |
|
|
PXD
1078
DELISTED
Pioneer Natural Resource Co.
PXD
| $40.7M | 0.01% |
199,441
+90,692
| +83% | +$19.5M |
|
1079
CALL
Oneok
OKE
$57.7B
| $40.7M | 0.01% |
640,500
-64,900
| -9% | -$4.31M |
|
1080
CALL
ZIM Integrated Shipping Services
ZIM
$2.96B
| $40.6M | 0.01% |
1,721,400
+673,900
| +64% | +$14.2M |
|
1081
CALL
Norwegian Cruise Line
NCLH
$8.59B
| $40.6M | 0.01% |
3,015,000
-2,011,100
| -40% | -$30.1M |
|
1082
PUT
iShares MSCI Canada ETF
EWC
$6.48B
| $40.5M | 0.01% |
1,185,700
-193,500
| -14% | -$6.63M |
|
1083
PUT
Cenovus Energy
CVE
$55B
| $40.5M | 0.01% |
2,319,700
+433,600
| +23% | +$7.96M |
|
1084
CALL
NetApp
NTAP
$38.9B
| $40.5M | 0.01% |
633,600
+159,500
| +34% | +$10.3M |
|
|
LSI
1085
PUT
DELISTED
Life Storage, Inc.
LSI
| $40.4M | 0.01% |
308,500
+299,600
| +3,366% | +$34.7M |
|
1086
CALL
Dominion Energy
D
$59.9B
| $40.4M | 0.01% |
722,700
+72,200
| +11% | +$4.23M |
|
1087
CALL
PG&E
PCG
$38.1B
| $40.2M | 0.01% |
2,487,000
-136,700
| -5% | -$2.16M |
|
1088
PUT
Live Nation Entertainment
LYV
$42.7B
| $40.1M | 0.01% |
572,300
+70,900
| +14% | +$5.2M |
|
1089
Snowflake
SNOW
$116B
| $40M | 0.01% |
259,412
+169,197
| +188% | +$24.8M |
|
1090
PUT
Alnylam Pharmaceuticals
ALNY
$29.6B
| $40M | 0.01% |
199,500
-37,300
| -16% | -$7.84M |
|
1091
CALL
Novartis
NVS
$294B
| $39.9M | 0.01% |
434,000
-423,400
| -49% | -$37M |
|
1092
PUT
Canadian Solar
CSIQ
$1.08B
| $39.9M | 0.01% |
1,002,700
-66,000
| -6% | -$2.62M |
|
|
RETA
1093
PUT
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $39.8M | 0.01% |
437,200
+183,600
| +72% | +$10.8M |
|
1094
Corteva
CTVA
$50.9B
| $39.6M | 0.01% |
657,258
+347,246
| +112% | +$21.2M |
|
1095
PACCAR
PCAR
$69.8B
| $39.6M | 0.01% |
540,862
+283,705
| +110% | +$20.3M |
|
1096
PUT
GitLab
GTLB
$7.11B
| $39.6M | 0.01% |
1,154,400
+896,900
| +348% | +$39.4M |
|
1097
Cencora
COR
$63.7B
| $39.5M | 0.01% |
246,955
+183,062
| +287% | +$29M |
|
1098
O'Reilly Automotive
ORLY
$74.9B
| $39.5M | 0.01% |
698,415
+4,455
| +0.6% | +$244K |
|
1099
PUT
Transocean
RIG
$6.49B
| $39.3M | 0.01% |
6,181,400
-255,600
| -4% | -$1.64M |
|
1100
CALL
Five Below
FIVE
$13B
| $39.3M | 0.01% |
190,800
-170,200
| -47% | -$33.5M |
|
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.