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 | |
|---|---|---|---|---|---|---|
1126
PUT
AutoNation
AN
$6.89B
| $38.2M | 0.01% |
284,400
-11,200
| -4% | -$1.44M |
|
1127
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.72B
| $38.1M | 0.01% |
945,200
-2,883,600
| -75% | -$117M |
|
1128
CALL
BJs Wholesale Club
BJ
$12B
| $38M | 0.01% |
499,700
+300,000
| +150% | +$21.8M |
|
1129
PUT
Yum! Brands
YUM
$39.5B
| $37.7M | 0.01% |
285,100
+142,300
| +100% | +$18.3M |
|
1130
PUT
Plains All American Pipeline
PAA
$16.3B
| $37.6M | 0.01% |
3,017,500
-1,128,100
| -27% | -$14.1M |
|
|
ATVI
1131
CALL
DELISTED
Activision Blizzard
ATVI
| $37.6M | 0.01% |
439,200
-2,246,100
| -84% | -$174M |
|
1132
CALL
Hasbro
HAS
$13.7B
| $37.6M | 0.01% |
699,500
+355,400
| +103% | +$20.3M |
|
1133
PUT
Scorpio Tankers
STNG
$3.72B
| $37.6M | 0.01% |
666,900
+176,700
| +36% | +$9.67M |
|
1134
PUT
Duke Energy
DUK
$96.1B
| $37.5M | 0.01% |
389,200
+245,900
| +172% | +$24.3M |
|
1135
PUT
C3.ai
AI
$1.65B
| $37.5M | 0.01% |
1,117,700
+660,100
| +144% | +$13.5M |
|
1136
Eaton
ETN
$178B
| $37.4M | 0.01% |
218,534
+69,813
| +47% | +$11.6M |
|
1137
Prudential Financial
PRU
$42.2B
| $37.4M | 0.01% |
451,709
+263,585
| +140% | +$25.2M |
|
1138
CALL
Alnylam Pharmaceuticals
ALNY
$29.6B
| $37.4M | 0.01% |
186,500
+16,400
| +10% | +$3.45M |
|
1139
PUT
GSK
GSK
$102B
| $37.3M | 0.01% |
1,049,400
+103,000
| +11% | +$3.6M |
|
1140
CALL
Global Payments
GPN
$22.7B
| $37.3M | 0.01% |
354,000
-144,900
| -29% | -$15.7M |
|
1141
McKesson
MCK
$105B
| $37.2M | 0.01% |
104,474
+13,666
| +15% | +$4.94M |
|
1142
Canadian Natural Resources
CNQ
$98.1B
| $37.1M | 0.01% |
+1,340,840
| New | +$38M |
|
|
RETA
1143
CALL
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $37.1M | 0.01% |
408,000
+265,600
| +187% | +$15.6M |
|
1144
CALL
Iron Mountain
IRM
$36.4B
| $37M | 0.01% |
700,200
+120,600
| +21% | +$6.32M |
|
1145
PUT
On Holding
ONON
$10.3B
| $37M | 0.01% |
1,193,500
+847,900
| +245% | +$19.2M |
|
1146
CALL
Moody's
MCO
$82.5B
| $37M | 0.01% |
121,000
+80,900
| +202% | +$24.4M |
|
1147
Extra Space Storage
EXR
$31B
| $37M | 0.01% |
227,081
+175,816
| +343% | +$27.6M |
|
1148
United States Natural Gas Fund
UNG
$494M
| $36.9M | 0.01% |
1,316,996
+1,241,996
| +1,656% | +$45.1M |
|
1149
PUT
Sysco
SYY
$40.3B
| $36.9M | 0.01% |
477,900
+231,000
| +94% | +$17.7M |
|
1150
First Solar
FSLR
$25.9B
| $36.9M | 0.01% |
169,440
-145,250
| -46% | -$26.5M |
|
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.