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 | 1.35% |
| 4 | Healthcare | 1.15% |
| 5 | Communication Services | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2151
Vornado Realty Trust
VNO
$7.41B
| $12.7M | ﹤0.01% |
823,780
+757,656
| +1,146% | +$15.3M |
|
2152
State Street SPDR S&P Homebuilders ETF
XHB
$1.59B
| $12.7M | ﹤0.01% |
186,704
+93,484
| +100% | +$6.24M |
|
2153
PUT
Coherent
COHR
$66.1B
| $12.6M | ﹤0.01% |
332,000
+21,400
| +7% | +$871K |
|
2154
CALL
MarketAxess Holdings
MKTX
$5.72B
| $12.6M | ﹤0.01% |
32,300
+20,300
| +169% | +$7.19M |
|
2155
CALL
US Foods
USFD
$23.7B
| $12.6M | ﹤0.01% |
341,800
-50,000
| -13% | -$1.85M |
|
2156
PUT
Aptiv
APTV
$10.3B
| $12.6M | ﹤0.01% |
112,500
-187,700
| -63% | -$20.7M |
|
2157
CALL
Madison Square Garden
MSGS
$9.96B
| $12.6M | ﹤0.01% |
64,700
+34,200
| +112% | +$6.37M |
|
2158
PUT
Bumble
BMBL
$364M
| $12.6M | ﹤0.01% |
644,400
-518,400
| -45% | -$11.7M |
|
2159
CALL
Deutsche Bank
DB
$72.1B
| $12.6M | ﹤0.01% |
1,233,300
-3,428,700
| -74% | -$41M |
|
2160
Western Union
WU
$2.29B
| $12.6M | ﹤0.01% |
1,129,227
+1,109,449
| +5,610% | +$14.4M |
|
|
PPL
2161
PUT
PPL Corp
PPL
$26.8B
| $12.6M | ﹤0.01% |
452,500
+232,800
| +106% | +$6.59M |
|
2162
AGCO
AGCO
$6.97B
| $12.6M | ﹤0.01% |
93,000
+27,856
| +43% | +$3.77M |
|
2163
PUT
Paylocity
PCTY
$7.89B
| $12.6M | ﹤0.01% |
63,200
+2,400
| +4% | +$472K |
|
2164
CALL
GoDaddy
GDDY
$12.3B
| $12.5M | ﹤0.01% |
161,300
-4,500
| -3% | -$347K |
|
2165
PUT
Ameriprise Financial
AMP
$50.2B
| $12.5M | ﹤0.01% |
40,900
+24,900
| +156% | +$8.16M |
|
2166
PUT
Kohl's
KSS
$2.2B
| $12.5M | ﹤0.01% |
532,400
-291,300
| -35% | -$8.22M |
|
2167
PUT
Brinker International
EAT
$10.2B
| $12.5M | ﹤0.01% |
329,800
+211,700
| +179% | +$8.01M |
|
2168
CALL
Aramark
ARMK
$16.4B
| $12.5M | ﹤0.01% |
484,750
+144,455
| +42% | +$4.11M |
|
2169
Ventas
VTR
$46.5B
| $12.5M | ﹤0.01% |
288,660
+136,458
| +90% | +$6.58M |
|
2170
CALL
Lincoln National
LNC
$8.77B
| $12.5M | ﹤0.01% |
556,200
+184,500
| +50% | +$5.49M |
|
2171
Petrobras Class A
PBR.A
$104B
| $12.5M | ﹤0.01% |
1,345,219
+84,464
| +7% | +$815K |
|
2172
Sea Limited
SE
$74.7B
| $12.5M | ﹤0.01% |
144,039
-76,568
| -35% | -$5.23M |
|
2173
Willis Towers Watson
WTW
$30.6B
| $12.5M | ﹤0.01% |
53,646
+9,690
| +22% | +$2.34M |
|
2174
Labcorp
LH
$25.9B
| $12.5M | ﹤0.01% |
63,184
+13,428
| +27% | +$2.76M |
|
2175
CALL
First Majestic Silver
AG
$9.53B
| $12.5M | ﹤0.01% |
1,727,000
+788,900
| +84% | +$5.81M |
|
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.