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 | |
|---|---|---|---|---|---|---|
1301
CALL
Intercontinental Exchange
ICE
$84.9B
| $30.5M | 0.01% |
292,200
-338,000
| -54% | -$35.2M |
|
1302
Fortinet
FTNT
$120B
| $30.4M | 0.01% |
457,567
+46,953
| +11% | +$2.67M |
|
|
P
1303
CALL
Everpure Inc
P
$36.2B
| $30.4M | 0.01% |
1,190,000
+600,200
| +102% | +$16.2M |
|
1304
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.3B
| $30.3M | 0.01% |
523,300
-236,400
| -31% | -$12.8M |
|
1305
PNC Financial Services
PNC
$102B
| $30.2M | 0.01% |
237,984
+59,269
| +33% | +$8.94M |
|
1306
Okta
OKTA
$26.1B
| $30.2M | 0.01% |
350,559
-30,631
| -8% | -$2.33M |
|
1307
PUT
Duolingo
DUOL
$6.06B
| $30.2M | 0.01% |
212,000
+158,300
| +295% | +$16.3M |
|
1308
CALL
Manchester United
MANU
$3.95B
| $30.2M | 0.01% |
1,363,100
-447,400
| -25% | -$10.1M |
|
|
1309
Intercontinental Exchange
ICE
$84.9B
| $30.1M | 0.01% |
288,734
+46,709
| +19% | +$4.86M |
|
|
1310
PUT
Fortinet
FTNT
$120B
| $30.1M | 0.01% |
452,800
-24,300
| -5% | -$1.38M |
|
1311
General Mills
GIS
$20.3B
| $30.1M | 0.01% |
352,062
+117,043
| +50% | +$9.35M |
|
1312
CALL
Ascendis Pharma A/S
ASND
$16.9B
| $30M | 0.01% |
279,600
+125,400
| +81% | +$14.3M |
|
1313
CALL
Cenovus Energy
CVE
$55.7B
| $29.9M | 0.01% |
1,710,900
-777,700
| -31% | -$14.3M |
|
1314
PUT
Molina Healthcare
MOH
$10.6B
| $29.8M | 0.01% |
111,500
-56,400
| -34% | -$16.2M |
|
1315
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.24B
| $29.8M | 0.01% |
710,800
-122,200
| -15% | -$4.6M |
|
1316
PUT
Upstart Holdings
UPST
$2.81B
| $29.7M | 0.01% |
1,869,100
+48,200
| +3% | +$811K |
|
|
API
1317
Agora
API
$386M
| $29.6M | 0.01% |
8,189,675
| – | – |
|
1318
iShares Semiconductor ETF
SOXX
$46.6B
| $29.6M | 0.01% |
199,716
+63,099
| +46% | +$8.6M |
|
1319
Travelers Companies
TRV
$78.2B
| $29.6M | 0.01% |
172,536
+48,408
| +39% | +$8.8M |
|
1320
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$670M
| $29.5M | 0.01% |
621,500
-116,200
| -16% | -$6.17M |
|
1321
PUT
Realty Income
O
$59.2B
| $29.5M | 0.01% |
466,100
+111,500
| +31% | +$7.22M |
|
1322
CALL
T. Rowe Price
TROW
$23.7B
| $29.4M | 0.01% |
260,300
+50,400
| +24% | +$5.76M |
|
|
MRO
1323
PUT
DELISTED
Marathon Oil Corporation
MRO
| $29.4M | 0.01% |
1,226,500
-1,098,400
| -47% | -$28.1M |
|
1324
Motorola Solutions
MSI
$77.2B
| $29.3M | 0.01% |
102,445
+31,746
| +45% | +$8.38M |
|
1325
Constellation Brands
STZ
$22.8B
| $29.3M | 0.01% |
129,717
+43,967
| +51% | +$9.78M |
|
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.