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 | |
|---|---|---|---|---|---|---|
|
GAP
1976
CALL
The Gap Inc
GAP
$7.34B
| $14.9M | ﹤0.01% |
1,486,300
-312,700
| -17% | -$3.81M |
|
1977
CALL
McCormick & Company Non-Voting
MKC
$14.6B
| $14.9M | ﹤0.01% |
179,300
+108,800
| +154% | +$8.3M |
|
1978
CALL
Enbridge
ENB
$112B
| $14.9M | ﹤0.01% |
390,900
-343,200
| -47% | -$13.5M |
|
1979
PUT
Dave & Buster's
PLAY
$361M
| $14.9M | ﹤0.01% |
405,300
-26,100
| -6% | -$1.04M |
|
1980
West Pharmaceutical
WST
$24.8B
| $14.9M | ﹤0.01% |
43,029
+15,319
| +55% | +$4.48M |
|
1981
CALL
First Trust Cloud Computing ETF
SKYY
$3.38B
| $14.9M | ﹤0.01% |
222,600
+60,900
| +38% | +$3.83M |
|
1982
PUT
Thor Industries
THO
$4.11B
| $14.9M | ﹤0.01% |
186,900
-20,800
| -10% | -$1.83M |
|
1983
CALL
ProShares UltraPro Dow 30
UDOW
$930M
| $14.9M | ﹤0.01% |
535,200
+150,600
| +39% | +$4.24M |
|
|
EXE
1984
Expand Energy Corp
EXE
$21.9B
| $14.8M | ﹤0.01% |
195,264
+26,697
| +16% | +$2.2M |
|
1985
CALL
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $14.8M | ﹤0.01% |
120,000
+26,100
| +28% | +$3.28M |
|
1986
iShares Global Clean Energy ETF
ICLN
$2.11B
| $14.8M | ﹤0.01% |
750,486
+206,934
| +38% | +$4.1M |
|
1987
Asana
ASAN
$2.28B
| $14.8M | ﹤0.01% |
700,708
+158,072
| +29% | +$2.62M |
|
1988
iShares US Real Estate ETF
IYR
$4.58B
| $14.8M | ﹤0.01% |
174,204
-67,146
| -28% | -$5.87M |
|
1989
PUT
Axsome Therapeutics
AXSM
$11.2B
| $14.7M | ﹤0.01% |
239,000
-83,300
| -26% | -$5.47M |
|
|
DISH
1990
CALL
DELISTED
DISH Network Corp.
DISH
| $14.7M | ﹤0.01% |
1,577,200
+839,900
| +114% | +$10.6M |
|
1991
CALL
2x Long VIX Futures ETF
UVIX
$204M
| $14.7M | ﹤0.01% |
460
+353
| +330% | +$14.3M |
|
1992
ZIM Integrated Shipping Services
ZIM
$3.23B
| $14.7M | ﹤0.01% |
622,427
+451,176
| +263% | +$9.48M |
|
1993
Xylem
XYL
$28.5B
| $14.7M | ﹤0.01% |
140,131
+69,899
| +100% | +$7.3M |
|
1994
Equity Residential
EQR
$24.2B
| $14.7M | ﹤0.01% |
244,339
+50,130
| +26% | +$3.08M |
|
1995
PUT
iShares Mortgage Real Estate ETF
REM
$547M
| $14.7M | ﹤0.01% |
671,000
-290,200
| -30% | -$6.93M |
|
1996
CALL
United Therapeutics
UTHR
$21.9B
| $14.6M | ﹤0.01% |
65,400
+17,500
| +37% | +$4.31M |
|
|
GOLD
1997
CALL
Gold.com Inc
GOLD
$1.27B
| $14.6M | ﹤0.01% |
422,500
+267,300
| +172% | +$8.89M |
|
|
DM
1998
PUT
DELISTED
Desktop Metal, Inc.
DM
| $14.6M | ﹤0.01% |
634,970
+466,680
| +277% | +$8.81M |
|
1999
iShares MSCI Taiwan ETF
EWT
$11.6B
| $14.6M | ﹤0.01% |
321,792
+213,710
| +198% | +$9.45M |
|
|
DEN
2000
PUT
DELISTED
Denbury Inc.
DEN
| $14.6M | ﹤0.01% |
166,400
-29,500
| -15% | -$2.48M |
|
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.