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 | |
|---|---|---|---|---|---|---|
1176
PUT
T. Rowe Price
TROW
$24.3B
| $35.6M | 0.01% |
315,700
+140,200
| +80% | +$16M |
|
1177
MGM Resorts International
MGM
$11.1B
| $35.6M | 0.01% |
801,262
+251,555
| +46% | +$10.5M |
|
1178
Invesco S&P 500 Equal Weight ETF
RSP
$99.4B
| $35.6M | 0.01% |
245,940
+230,455
| +1,488% | +$33.7M |
|
1179
CALL
Tractor Supply
TSCO
$18.4B
| $35.6M | 0.01% |
756,500
-721,000
| -49% | -$32.8M |
|
1180
CALL
Conagra Brands
CAG
$7.14B
| $35.5M | 0.01% |
945,800
-90,700
| -9% | -$3.36M |
|
1181
CALL
Sony
SONY
$138B
| $35.5M | 0.01% |
1,955,500
+508,000
| +35% | +$8.8M |
|
1182
PUT
Cintas
CTAS
$82.1B
| $35.4M | 0.01% |
306,000
+46,400
| +18% | +$5.11M |
|
1183
PUT
Enovix
ENVX
$1.05B
| $35.4M | 0.01% |
2,711,314
+2,131,885
| +368% | +$17.5M |
|
1184
PUT
Antero Resources
AR
$11.6B
| $35.4M | 0.01% |
1,531,100
-343,100
| -18% | -$9.04M |
|
1185
PUT
Hertz
HTZ
$873M
| $35.3M | 0.01% |
2,169,800
+1,629,300
| +301% | +$28.4M |
|
1186
Dollar General
DG
$26.5B
| $35.3M | 0.01% |
167,654
+65,900
| +65% | +$14.8M |
|
1187
CALL
British American Tobacco
BTI
$122B
| $35.3M | 0.01% |
1,004,200
+161,300
| +19% | +$6.08M |
|
1188
EQT Corp
EQT
$34B
| $35.1M | 0.01% |
1,099,215
+358,698
| +48% | +$11.5M |
|
1189
AutoZone
AZO
$49.7B
| $35M | 0.01% |
14,257
-1,597
| -10% | -$3.89M |
|
1190
PUT
Keurig Dr Pepper
KDP
$39.7B
| $35M | 0.01% |
992,100
+592,000
| +148% | +$20.8M |
|
|
WCC
1191
CALL
WESCO International
WCC
$17.8B
| $35M | 0.01% |
226,400
+121,200
| +115% | +$18.2M |
|
1192
Newmont
NEM
$124B
| $34.9M | 0.01% |
712,706
+46,282
| +7% | +$2.24M |
|
1193
CALL
American International
AIG
$40.4B
| $34.9M | 0.01% |
693,400
-199,500
| -22% | -$11.7M |
|
1194
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.21B
| $34.9M | 0.01% |
477,100
-58,200
| -11% | -$4.02M |
|
1195
PUT
argenx
ARGX
$54.1B
| $34.9M | 0.01% |
93,700
+3,500
| +4% | +$1.3M |
|
1196
Cadence Design Systems
CDNS
$90.2B
| $34.9M | 0.01% |
166,015
+33,205
| +25% | +$6.28M |
|
1197
CALL
Halliburton
HAL
$28.2B
| $34.8M | 0.01% |
1,100,700
-784,600
| -42% | -$29.1M |
|
1198
Emerson Electric
EMR
$91.7B
| $34.8M | 0.01% |
399,017
+170,124
| +74% | +$14.9M |
|
1199
CALL
Hyatt Hotels
H
$16.3B
| $34.8M | 0.01% |
310,900
+211,700
| +213% | +$23.2M |
|
1200
PUT
InMode
INMD
$870M
| $34.8M | 0.01% |
1,087,300
+291,900
| +37% | +$10M |
|
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.