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
|
+$1.98B |
| 2 |
Meta Platforms (Facebook)
META
|
+$997M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$860M |
| 4 |
Workday
WDAY
|
+$691M |
| 5 |
Amazon
AMZN
|
+$616M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$498M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$420M |
| 3 |
FedEx
FDX
|
+$350M |
| 4 |
Vale
VALE
|
+$340M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$322M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.07% |
| 2 | Consumer Discretionary | 1.49% |
| 3 | Financials | 1.11% |
| 4 | Communication Services | 1.07% |
| 5 | Healthcare | 0.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
CALL
General Motors
GM
$76.8B
| $540M | 0.09% |
12,345,100
-418,700
| -3% | -$20.9M |
|
|
PARA
152
DELISTED
Paramount Global Class B
PARA
| $528M | 0.09% |
13,965,860
+423,292
| +3% | +$14.4M |
|
153
PUT
Morgan Stanley
MS
$340B
| $524M | 0.09% |
5,990,900
-1,700,500
| -22% | -$164M |
|
154
PUT
Vanguard S&P 500 ETF
VOO
$1.03T
| $523M | 0.09% |
1,260,100
-359,800
| -22% | -$147M |
|
155
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $522M | 0.09% |
5,753,000
+1,908,200
| +50% | +$176M |
|
156
CALL
iShares Silver Trust
SLV
$30.9B
| $521M | 0.09% |
22,766,400
+1,323,800
| +6% | +$29.4M |
|
157
PUT
Mastercard
MA
$493B
| $520M | 0.09% |
1,456,200
-968,100
| -40% | -$348M |
|
158
CALL
CrowdStrike
CRWD
$218B
| $518M | 0.09% |
9,116,400
+218,000
| +2% | +$10.2M |
|
159
iShares MSCI Emerging Markets ETF
EEM
$30B
| $517M | 0.09% |
11,443,466
+8,520,419
| +291% | +$402M |
|
160
PUT
Ford
F
$55.7B
| $511M | 0.09% |
30,192,000
-4,409,600
| -13% | -$83.8M |
|
161
CALL
McDonald's
MCD
$195B
| $501M | 0.09% |
2,024,900
+58,400
| +3% | +$14.5M |
|
162
CALL
Sea Limited
SE
$69.5B
| $495M | 0.09% |
4,130,900
+418,700
| +11% | +$59M |
|
163
PUT
iShares China Large-Cap ETF
FXI
$4.31B
| $493M | 0.09% |
15,409,700
+6,061,100
| +65% | +$214M |
|
|
164
PUT
Sea Limited
SE
$69.5B
| $493M | 0.09% |
4,112,600
+821,700
| +25% | +$116M |
|
165
CALL
KraneShares CSI China Internet ETF
KWEB
$5.67B
| $489M | 0.08% |
17,147,800
+6,263,400
| +58% | +$210M |
|
166
PUT
Uber
UBER
$153B
| $487M | 0.08% |
13,652,500
-2,909,200
| -18% | -$105M |
|
167
PUT
SPDR Gold Trust
GLD
$142B
| $486M | 0.08% |
2,691,300
-490,000
| -15% | -$86M |
|
168
CALL
Lam Research
LRCX
$390B
| $483M | 0.08% |
8,983,000
-136,000
| -1% | -$7.92M |
|
169
CALL
Cleveland-Cliffs
CLF
$6.99B
| $480M | 0.08% |
14,895,700
+647,700
| +5% | +$14.8M |
|
170
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.57B
| $478M | 0.08% |
6,934,500
+976,000
| +16% | +$71.1M |
|
|
ATVI
171
CALL
DELISTED
Activision Blizzard
ATVI
| $477M | 0.08% |
5,958,700
-2,896,500
| -33% | -$226M |
|
172
PUT
Intel
INTC
$513B
| $475M | 0.08% |
9,583,200
-5,113,200
| -35% | -$253M |
|
173
CALL
ServiceNow
NOW
$129B
| $474M | 0.08% |
4,257,500
-876,500
| -17% | -$98.2M |
|
174
PUT
GE Aerospace
GE
$384B
| $474M | 0.08% |
8,312,616
-11,425,855
| -58% | -$682M |
|
175
PUT
Verizon
VZ
$196B
| $472M | 0.08% |
9,161,100
+3,086,700
| +51% | +$164M |
|
Similar funds
Susquehanna International Group's Q1 2022 Portfolio in Review
As of Q1 2022, Susquehanna International Group held 14,706 positions worth $578B, down 13% from $667B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Susquehanna International Group withdrew a net $42.9B in Q1 2022, closing 1,835 positions and reducing 6,001 holdings. Its most notable exit was Xilinx Inc, an estimated $217M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in iShares JPMorgan USD Emerging Markets Bond ETF worth $107M.
- Susquehanna International Group's largest Q1 2022 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 1,089,723 shares worth $107M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $1.98B increase.
- Susquehanna International Group's biggest Q1 2022 reduction was Walt Disney, cutting an estimated $498M.
- Susquehanna International Group fully exited Xilinx Inc in Q1 2022, selling an estimated $217M.
- Susquehanna International Group's ten largest holdings make up 34% of its $578B portfolio in Q1 2022.
- Susquehanna International Group opened 1,658 new positions and closed 1,835 in Q1 2022.
- Susquehanna International Group's portfolio value fell 13% quarter-over-quarter to $578B.
Based on Susquehanna International Group's 13F filing for Q1 2022, filed 16 May 2022.