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 | |
|---|---|---|---|---|---|---|
1501
Moody's
MCO
$84.6B
| $24.3M | 0.01% |
79,457
+19,980
| +34% | +$6.04M |
|
1502
PUT
Tapestry
TPR
$25.9B
| $24.3M | 0.01% |
563,300
+137,900
| +32% | +$5.92M |
|
1503
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$199M
| $24.3M | 0.01% |
77,920
-125,850
| -62% | -$37.4M |
|
1504
CALL
VeriSign
VRSN
$26B
| $24.2M | 0.01% |
114,600
-5,100
| -4% | -$1.05M |
|
1505
Edison International
EIX
$27.2B
| $24.2M | 0.01% |
342,927
+186,770
| +120% | +$12.6M |
|
1506
PUT
XPeng
XPEV
$11.3B
| $24.2M | 0.01% |
2,175,800
-556,000
| -20% | -$5.37M |
|
1507
Academy Sports + Outdoors
ASO
$3.03B
| $24.2M | 0.01% |
370,411
+257,596
| +228% | +$15.2M |
|
1508
CALL
Universal Health Services
UHS
$10.1B
| $24.1M | 0.01% |
189,500
+155,700
| +461% | +$21.5M |
|
1509
Exelon
EXC
$47B
| $24.1M | 0.01% |
574,572
+85,877
| +18% | +$3.58M |
|
|
EXAS
1510
PUT
DELISTED
Exact Sciences
EXAS
| $24M | 0.01% |
354,500
-180,900
| -34% | -$11.6M |
|
1511
PUT
BioMarin Pharmaceuticals
BMRN
$13.3B
| $24M | 0.01% |
246,900
+24,300
| +11% | +$2.52M |
|
1512
PUT
Bausch Health
BHC
$2.37B
| $24M | 0.01% |
2,962,500
+883,300
| +42% | +$7.09M |
|
1513
PUT
British American Tobacco
BTI
$124B
| $24M | 0.01% |
683,000
+207,700
| +44% | +$7.83M |
|
1514
CALL
Dutch Bros
BROS
$8.93B
| $24M | 0.01% |
758,200
+125,700
| +20% | +$4.25M |
|
1515
UBS Group
UBS
$176B
| $23.9M | 0.01% |
1,121,602
+790,216
| +238% | +$16.5M |
|
1516
Copart
CPRT
$27.2B
| $23.9M | 0.01% |
635,902
+187,322
| +42% | +$6.37M |
|
1517
First Citizens BancShares
FCNCA
$25.6B
| $23.9M | 0.01% |
24,566
-4,680
| -16% | -$3.48M |
|
1518
C3.ai
AI
$1.58B
| $23.9M | 0.01% |
711,717
+381,134
| +115% | +$7.8M |
|
1519
PUT
Markel Group
MKL
$22.8B
| $23.9M | 0.01% |
18,700
-1,600
| -8% | -$2.13M |
|
1520
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$248M
| $23.9M | 0.01% |
776,400
-371,600
| -32% | -$12.7M |
|
1521
CALL
Robinhood
HOOD
$89.3B
| $23.8M | 0.01% |
2,454,700
-2,195,900
| -47% | -$20.9M |
|
1522
PUT
CVR Partners
UAN
$1.26B
| $23.8M | 0.01% |
266,800
+179,300
| +205% | +$17.4M |
|
1523
CALL
Navios Maritime Partners
NMM
$2.31B
| $23.8M | 0.01% |
985,900
-93,800
| -9% | -$2.42M |
|
1524
CALL
First Horizon
FHN
$12.3B
| $23.8M | 0.01% |
1,337,200
+1,303,100
| +3,821% | +$29M |
|
1525
Roper Technologies
ROP
$39.3B
| $23.8M | 0.01% |
53,906
-1,441
| -3% | -$623K |
|
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.