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 | |
|---|---|---|---|---|---|---|
2176
PUT
Lumentum
LITE
$83.5B
| $12.4M | ﹤0.01% |
230,400
+140,200
| +155% | +$7.82M |
|
2177
Cboe Global Markets
CBOE
$30.8B
| $12.4M | ﹤0.01% |
92,520
+35,188
| +61% | +$4.42M |
|
2178
PUT
iShares Russell 2000 Value ETF
IWN
$14.7B
| $12.4M | ﹤0.01% |
90,600
-52,200
| -37% | -$7.57M |
|
2179
CALL
CBRE Group
CBRE
$43.8B
| $12.4M | ﹤0.01% |
170,400
+116,000
| +213% | +$9.48M |
|
2180
United States Oil Fund
USO
$1.77B
| $12.4M | ﹤0.01% |
186,662
+20,115
| +12% | +$1.34M |
|
2181
CALL
Texas Roadhouse
TXRH
$13.6B
| $12.4M | ﹤0.01% |
114,700
-64,800
| -36% | -$6.63M |
|
2182
CALL
Vermilion Energy
VET
$1.75B
| $12.4M | ﹤0.01% |
953,000
-49,700
| -5% | -$700K |
|
2183
Danaos Corp
DAC
$2.56B
| $12.4M | ﹤0.01% |
226,180
+118,786
| +111% | +$6.74M |
|
2184
Surgery Partners
SGRY
$2.01B
| $12.3M | ﹤0.01% |
+358,252
| New | +$11.6M |
|
2185
CALL
STAAR Surgical
STAA
$1.29B
| $12.3M | ﹤0.01% |
193,100
+124,300
| +181% | +$8.11M |
|
2186
CALL
Group 1 Automotive
GPI
$3.12B
| $12.3M | ﹤0.01% |
54,500
+5,900
| +12% | +$1.25M |
|
2187
Plains GP Holdings
PAGP
$5.07B
| $12.3M | ﹤0.01% |
939,855
+614,930
| +189% | +$8.06M |
|
2188
CALL
ScottsMiracle-Gro
SMG
$3.59B
| $12.3M | ﹤0.01% |
176,500
-86,300
| -33% | -$6.21M |
|
2189
JetBlue
JBLU
$2.17B
| $12.3M | ﹤0.01% |
1,687,684
+482,703
| +40% | +$3.81M |
|
2190
PUT
Vanguard FTSE Europe ETF
VGK
$31.1B
| $12.3M | ﹤0.01% |
201,400
-1,163,300
| -85% | -$69.5M |
|
2191
Weatherford International
WFRD
$6.79B
| $12.2M | ﹤0.01% |
206,291
+138,039
| +202% | +$8.08M |
|
2192
iShares US Transportation ETF
IYT
$2.31B
| $12.2M | ﹤0.01% |
214,860
-46,624
| -18% | -$2.67M |
|
2193
Fortive
FTV
$18.6B
| $12.2M | ﹤0.01% |
238,145
+62,235
| +35% | +$3.13M |
|
2194
PUT
Bath & Body Works
BBWI
$3.93B
| $12.2M | ﹤0.01% |
334,300
-281,800
| -46% | -$11.8M |
|
2195
PennyMac Financial
PFSI
$4.12B
| $12.2M | ﹤0.01% |
205,079
+130,229
| +174% | +$8.06M |
|
2196
CALL
Samsara
IOT
$23.2B
| $12.2M | ﹤0.01% |
619,100
+96,400
| +18% | +$1.53M |
|
2197
CALL
iShares Core US Aggregate Bond ETF
AGG
$138B
| $12.2M | ﹤0.01% |
122,500
+69,500
| +131% | +$6.87M |
|
2198
iShares US Aerospace & Defense ETF
ITA
$15B
| $12.2M | ﹤0.01% |
105,982
+92,597
| +692% | +$10.5M |
|
2199
Boston Properties
BXP
$11B
| $12.2M | ﹤0.01% |
225,150
+170,643
| +313% | +$11.1M |
|
2200
CALL
Thor Industries
THO
$4.11B
| $12.2M | ﹤0.01% |
153,000
+14,200
| +10% | +$1.25M |
|
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.