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 | |
|---|---|---|---|---|---|---|
1451
PUT
Restaurant Brands International
QSR
$26.7B
| $25.3M | 0.01% |
377,500
-403,300
| -52% | -$26.3M |
|
1452
Kinder Morgan
KMI
$71.4B
| $25.3M | 0.01% |
1,447,166
+359,583
| +33% | +$6.4M |
|
|
SPLK
1453
DELISTED
Splunk Inc
SPLK
| $25.3M | 0.01% |
264,071
+55,466
| +27% | +$5.32M |
|
1454
CALL
Vanguard Morningstar Growth ETF
VUG
$231B
| $25.3M | 0.01% |
609,000
+172,800
| +40% | +$6.72M |
|
1455
CALL
Invesco NASDAQ 100 ETF
QQQM
$104B
| $25.3M | 0.01% |
191,500
+103,700
| +118% | +$12.6M |
|
1456
Amphenol
APH
$204B
| $25.2M | 0.01% |
617,886
+146,008
| +31% | +$5.77M |
|
1457
Baker Hughes
BKR
$63B
| $25.2M | 0.01% |
874,684
+212,647
| +32% | +$6.43M |
|
1458
CALL
Vistra
VST
$49.1B
| $25.2M | 0.01% |
1,049,800
+561,200
| +115% | +$13M |
|
1459
CALL
Universal Display
OLED
$4.18B
| $25.2M | 0.01% |
162,400
+16,200
| +11% | +$2.18M |
|
1460
CALL
Xcel Energy
XEL
$49.3B
| $25.1M | 0.01% |
372,900
+310,400
| +497% | +$20.9M |
|
1461
PUT
Ecolab
ECL
$77.4B
| $25.1M | 0.01% |
151,900
+38,600
| +34% | +$6.02M |
|
1462
CALL
Ovintiv
OVV
$17.2B
| $25.1M | 0.01% |
696,300
+230,900
| +50% | +$10.2M |
|
1463
PUT
Schwab US Dividend Equity ETF
SCHD
$108B
| $25.1M | 0.01% |
1,029,300
-80,700
| -7% | -$2.02M |
|
1464
CALL
MP Materials
MP
$9.91B
| $25.1M | 0.01% |
890,400
-617,300
| -41% | -$18.7M |
|
1465
Idexx Laboratories
IDXX
$44.7B
| $25.1M | 0.01% |
50,192
+1,590
| +3% | +$761K |
|
1466
Baxter International
BAX
$14B
| $25.1M | 0.01% |
618,041
+278,250
| +82% | +$11.8M |
|
1467
PUT
Paychex
PAYX
$44.6B
| $25.1M | 0.01% |
218,700
+52,700
| +32% | +$6M |
|
1468
Biogen
BIIB
$31.1B
| $25.1M | 0.01% |
90,118
-126,619
| -58% | -$35M |
|
1469
CALL
Match Group
MTCH
$8.56B
| $25M | 0.01% |
651,600
-917,900
| -58% | -$40M |
|
1470
PUT
Bio-Rad Laboratories Class A
BIO
$9.66B
| $25M | 0.01% |
52,200
+9,000
| +21% | +$4.21M |
|
1471
PUT
KE Holdings
BEKE
$18.7B
| $25M | 0.01% |
1,326,500
-226,400
| -15% | -$4.19M |
|
1472
PUT
Illinois Tool Works
ITW
$82.9B
| $25M | 0.01% |
102,600
-218,300
| -68% | -$50.9M |
|
1473
Cincinnati Financial
CINF
$26.5B
| $24.9M | 0.01% |
222,285
+93,796
| +73% | +$10.7M |
|
1474
PUT
Ralph Lauren
RL
$23.1B
| $24.9M | 0.01% |
213,500
-40,900
| -16% | -$4.82M |
|
1475
Molina Healthcare
MOH
$10.7B
| $24.9M | 0.01% |
93,102
+66,020
| +244% | +$19M |
|
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.