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 | |
|---|---|---|---|---|---|---|
101
CALL
Goldman Sachs
GS
$303B
| $631M | 0.13% |
1,929,900
-396,200
| -17% | -$138M |
|
102
CALL
AbbVie
ABBV
$435B
| $623M | 0.13% |
3,909,200
-237,500
| -6% | -$36.3M |
|
103
CALL
Walt Disney
DIS
$181B
| $622M | 0.13% |
6,209,600
-2,859,000
| -32% | -$288M |
|
104
PUT
Mercado Libre
MELI
$92.3B
| $619M | 0.13% |
469,900
+10,700
| +2% | +$12.2M |
|
105
CALL
Johnson & Johnson
JNJ
$625B
| $615M | 0.13% |
3,967,300
+735,500
| +23% | +$119M |
|
106
CALL
Oracle
ORCL
$423B
| $610M | 0.13% |
6,563,900
+2,048,200
| +45% | +$180M |
|
107
CALL
McDonald's
MCD
$195B
| $601M | 0.13% |
2,149,000
+500,200
| +30% | +$134M |
|
108
CALL
lululemon athletica
LULU
$14.6B
| $601M | 0.13% |
1,649,300
+702,100
| +74% | +$220M |
|
109
PUT
Visa
V
$677B
| $598M | 0.13% |
2,652,800
+289,900
| +12% | +$64.5M |
|
110
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.57B
| $596M | 0.13% |
13,587,400
+7,599,700
| +127% | +$431M |
|
111
CALL
Palo Alto Networks
PANW
$297B
| $588M | 0.13% |
5,888,800
-839,800
| -12% | -$71.2M |
|
112
CALL
Occidental Petroleum
OXY
$55.9B
| $586M | 0.12% |
9,384,200
+152,100
| +2% | +$9.45M |
|
113
PUT
Adobe
ADBE
$105B
| $582M | 0.12% |
1,511,500
-121,600
| -7% | -$43.2M |
|
114
PUT
SPDR Gold Trust
GLD
$142B
| $581M | 0.12% |
3,170,100
+1,106,400
| +54% | +$195M |
|
115
PUT
Lam Research
LRCX
$390B
| $578M | 0.12% |
10,895,000
+1,814,000
| +20% | +$89M |
|
116
American Express
AXP
$230B
| $574M | 0.12% |
3,481,197
+764,274
| +28% | +$127M |
|
117
PUT
State Street Financial Select Sector SPDR ETF
XLF
$58.8B
| $573M | 0.12% |
17,835,600
-6,653,100
| -27% | -$231M |
|
118
PUT
Mastercard
MA
$493B
| $569M | 0.12% |
1,566,700
-205,400
| -12% | -$74.6M |
|
119
PUT
iShares MSCI Brazil ETF
EWZ
$8.95B
| $569M | 0.12% |
20,789,400
+4,322,200
| +26% | +$121M |
|
120
CALL
IBM
IBM
$224B
| $565M | 0.12% |
4,313,400
-77,300
| -2% | -$10.3M |
|
|
121
TSMC
TSM
$2.18T
| $557M | 0.12% |
5,993,334
+3,310,692
| +123% | +$297M |
|
122
CALL
Morgan Stanley
MS
$340B
| $552M | 0.12% |
6,291,700
+639,100
| +11% | +$59.6M |
|
|
123
Bank of America
BAC
$442B
| $550M | 0.12% |
19,220,942
+9,821,025
| +104% | +$324M |
|
124
PUT
PayPal
PYPL
$50.5B
| $548M | 0.12% |
7,218,900
+1,927,300
| +36% | +$148M |
|
125
PUT
Humana
HUM
$46.2B
| $547M | 0.12% |
1,126,500
+195,700
| +21% | +$96.7M |
|
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.