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 | |
|---|---|---|---|---|---|---|
1476
CF Industries
CF
$17.7B
| $24.8M | 0.01% |
342,583
+107,301
| +46% | +$8.77M |
|
1477
TE Connectivity
TEL
$62.2B
| $24.8M | 0.01% |
189,189
+37,480
| +25% | +$4.74M |
|
1478
American International
AIG
$39.8B
| $24.8M | 0.01% |
492,303
+103,016
| +26% | +$6.02M |
|
1479
CALL
Pool Corp
POOL
$7.29B
| $24.8M | 0.01% |
72,300
+25,100
| +53% | +$8.91M |
|
1480
Global Payments
GPN
$25.1B
| $24.7M | 0.01% |
235,140
+122,421
| +109% | +$13.3M |
|
1481
CALL
iShares US Home Construction ETF
ITB
$2.37B
| $24.7M | 0.01% |
351,900
-74,600
| -17% | -$5.04M |
|
1482
CALL
NetEase
NTES
$78.5B
| $24.7M | 0.01% |
279,600
+54,700
| +24% | +$4.72M |
|
1483
PUT
Madrigal Pharmaceuticals
MDGL
$11.7B
| $24.7M | 0.01% |
102,000
-300,800
| -75% | -$82M |
|
1484
PUT
Ares Management
ARES
$33.7B
| $24.7M | 0.01% |
295,800
+222,600
| +304% | +$17.7M |
|
1485
PUT
Pultegroup
PHM
$24.9B
| $24.6M | 0.01% |
422,800
+213,900
| +102% | +$11.6M |
|
|
GAP
1486
PUT
The Gap Inc
GAP
$7.34B
| $24.6M | 0.01% |
2,448,300
+1,067,900
| +77% | +$13M |
|
1487
CALL
Chubb
CB
$133B
| $24.5M | 0.01% |
126,400
-16,200
| -11% | -$3.4M |
|
|
ARCH
1488
CALL
DELISTED
Arch Resources, Inc.
ARCH
| $24.5M | 0.01% |
186,500
+6,800
| +4% | +$984K |
|
1489
CALL
MSCI
MSCI
$41.8B
| $24.5M | 0.01% |
43,800
+29,300
| +202% | +$15.5M |
|
1490
PUT
Peloton Interactive
PTON
$2.44B
| $24.5M | 0.01% |
2,160,900
-338,800
| -14% | -$4.07M |
|
1491
CALL
iShares Russell 1000 Value ETF
IWD
$84.3B
| $24.5M | 0.01% |
160,900
+98,000
| +156% | +$15.1M |
|
1492
CALL
Boston Beer
SAM
$1.9B
| $24.5M | 0.01% |
74,500
-93,800
| -56% | -$32.3M |
|
1493
CALL
Constellation Energy
CEG
$98.7B
| $24.5M | 0.01% |
311,700
+59,300
| +23% | +$4.8M |
|
1494
CALL
International Flavors & Fragrances
IFF
$21.4B
| $24.5M | 0.01% |
265,900
+113,900
| +75% | +$11.3M |
|
1495
CALL
FIVE9
FIVN
$2.53B
| $24.4M | 0.01% |
338,100
+71,700
| +27% | +$5.13M |
|
1496
CALL
Teladoc Health
TDOC
$1.26B
| $24.4M | 0.01% |
942,800
-807,300
| -46% | -$21.6M |
|
1497
CALL
Motorola Solutions
MSI
$77B
| $24.4M | 0.01% |
85,300
+12,500
| +17% | +$3.3M |
|
|
JWN
1498
PUT
DELISTED
Nordstrom
JWN
| $24.4M | 0.01% |
1,499,100
-963,600
| -39% | -$18M |
|
1499
iShares MSCI South Korea ETF
EWY
$27.6B
| $24.4M | 0.01% |
398,011
+82,917
| +26% | +$5.04M |
|
1500
Domino's
DPZ
$11.6B
| $24.3M | 0.01% |
73,714
+43,396
| +143% | +$14.4M |
|
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.