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 | |
|---|---|---|---|---|---|---|
1551
PUT
J.M. Smucker
SJM
$12.9B
| $23.3M | 0.01% |
148,100
+70,700
| +91% | +$10.7M |
|
1552
PUT
Apollo Global Management
APO
$84.8B
| $23.3M | 0.01% |
368,800
-13,300
| -3% | -$891K |
|
|
WBA
1553
DELISTED
Walgreens Boots Alliance
WBA
| $23.3M | 0.01% |
673,601
+263,850
| +64% | +$9.36M |
|
1554
Cloudflare
NET
$118B
| $23.3M | ﹤0.01% |
377,378
+61,251
| +19% | +$3.35M |
|
|
FITB
1555
CALL
Fifth Third Bancorp
FITB
$52.5B
| $23.2M | ﹤0.01% |
871,700
+517,700
| +146% | +$17.2M |
|
|
DCP
1556
DELISTED
DCP Midstream, LP
DCP
| $23.2M | ﹤0.01% |
556,053
+215,847
| +63% | +$8.99M |
|
1557
CALL
Axsome Therapeutics
AXSM
$11.2B
| $23.2M | ﹤0.01% |
376,000
-152,700
| -29% | -$10M |
|
1558
Mercado Libre
MELI
$92.7B
| $23M | ﹤0.01% |
17,480
+4,123
| +31% | +$4.69M |
|
|
SKX
1559
DELISTED
Skechers
SKX
| $23M | ﹤0.01% |
483,998
+340,280
| +237% | +$15.4M |
|
1560
Alnylam Pharmaceuticals
ALNY
$30.4B
| $22.9M | ﹤0.01% |
114,401
+83,736
| +273% | +$17.6M |
|
1561
InMode
INMD
$875M
| $22.9M | ﹤0.01% |
715,313
+547,660
| +327% | +$18.8M |
|
1562
PUT
Teladoc Health
TDOC
$1.26B
| $22.9M | ﹤0.01% |
882,500
-13,800
| -2% | -$369K |
|
1563
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$402M
| $22.8M | ﹤0.01% |
30,914
+20,620
| +200% | +$29.4M |
|
1564
PUT
Vanguard Total World Stock ETF
VT
$81.9B
| $22.7M | ﹤0.01% |
246,700
+225,100
| +1,042% | +$20.4M |
|
1565
PUT
NetApp
NTAP
$40.2B
| $22.7M | ﹤0.01% |
355,800
+106,700
| +43% | +$6.89M |
|
1566
CALL
KKR & Co
KKR
$103B
| $22.7M | ﹤0.01% |
432,300
+81,800
| +23% | +$4.39M |
|
|
ANSS
1567
CALL
DELISTED
Ansys
ANSS
| $22.7M | ﹤0.01% |
68,200
+24,600
| +56% | +$6.94M |
|
1568
Dollar Tree
DLTR
$24.9B
| $22.7M | ﹤0.01% |
158,008
-339,328
| -68% | -$49.2M |
|
1569
CALL
Keysight
KEYS
$60.5B
| $22.7M | ﹤0.01% |
140,400
+77,600
| +124% | +$13.2M |
|
1570
PUT
VF Corp
VFC
$5.79B
| $22.6M | ﹤0.01% |
987,600
-208,500
| -17% | -$5.48M |
|
1571
Arista Networks
ANET
$257B
| $22.6M | ﹤0.01% |
539,072
+29,784
| +6% | +$1.02M |
|
1572
Noble Corp
NE
$7.07B
| $22.6M | ﹤0.01% |
572,686
+120,900
| +27% | +$4.84M |
|
1573
PUT
Carvana
CVNA
$81B
| $22.6M | ﹤0.01% |
11,544,000
-5,585,500
| -33% | -$9.69M |
|
1574
CALL
Vail Resorts
MTN
$5.18B
| $22.6M | ﹤0.01% |
96,700
+63,600
| +192% | +$15.3M |
|
1575
Hartford Financial Services
HIG
$37.8B
| $22.6M | ﹤0.01% |
323,902
-112,938
| -26% | -$8.39M |
|
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.