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 |
Tesla
TSLA
|
+$2.17B |
| 2 |
Microsoft
MSFT
|
+$619M |
| 3 |
Apple
AAPL
|
+$377M |
| 4 |
Booking.com
BKNG
|
+$319M |
| 5 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$270M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.48B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$896M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$599M |
| 4 |
Citigroup
C
|
+$467M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$430M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.06% |
| 2 | Consumer Discretionary | 1.55% |
| 3 | Financials | 1.15% |
| 4 | Healthcare | 0.96% |
| 5 | Communication Services | 0.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
CALL
Workday
WDAY
$44.4B
| $349M | 0.09% |
2,088,100
+442,900
| +27% | +$69.1M |
|
202
PUT
Merck
MRK
$318B
| $348M | 0.09% |
3,140,700
+93,500
| +3% | +$9.56M |
|
203
CALL
Thermo Fisher Scientific
TMO
$220B
| $343M | 0.09% |
623,000
+2,600
| +0.4% | +$1.38M |
|
204
PUT
VanEck Gold Miners ETF
GDX
$27.4B
| $342M | 0.09% |
11,859,400
-2,697,200
| -19% | -$72.1M |
|
205
CALL
Micron Technology
MU
$991B
| $339M | 0.09% |
6,783,600
+2,492,700
| +58% | +$136M |
|
206
Walt Disney
DIS
$181B
| $337M | 0.09% |
3,884,643
-1,138,930
| -23% | -$109M |
|
207
CALL
Intuitive Surgical
ISRG
$134B
| $333M | 0.08% |
1,255,900
+227,000
| +22% | +$55.3M |
|
208
PUT
TSMC
TSM
$2.18T
| $333M | 0.08% |
4,466,500
+641,700
| +17% | +$46.4M |
|
209
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $330M | 0.08% |
3,978,900
-1,116,900
| -22% | -$90.4M |
|
210
PUT
Pinduoduo
PDD
$131B
| $327M | 0.08% |
4,007,100
+614,600
| +18% | +$42.8M |
|
211
PUT
Snowflake
SNOW
$115B
| $323M | 0.08% |
2,252,800
-298,200
| -12% | -$45.5M |
|
212
PUT
Texas Instruments
TXN
$261B
| $323M | 0.08% |
1,954,500
+485,000
| +33% | +$80.9M |
|
213
PUT
Airbnb
ABNB
$107B
| $323M | 0.08% |
3,774,100
-887,100
| -19% | -$89.6M |
|
214
PUT
Procter & Gamble
PG
$339B
| $322M | 0.08% |
2,126,700
-537,500
| -20% | -$75.3M |
|
215
CALL
United Parcel Service
UPS
$88.9B
| $322M | 0.08% |
1,852,200
-2,281,100
| -55% | -$395M |
|
216
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.43B
| $317M | 0.08% |
2,329,700
-797,600
| -26% | -$116M |
|
217
Bank of America
BAC
$442B
| $311M | 0.08% |
9,399,917
+2,275,463
| +32% | +$78.4M |
|
218
PUT
PepsiCo
PEP
$190B
| $311M | 0.08% |
1,720,800
+613,100
| +55% | +$109M |
|
219
PUT
Deere & Co
DE
$168B
| $310M | 0.08% |
723,900
-115,900
| -14% | -$47.1M |
|
220
Cigna
CI
$74.6B
| $309M | 0.08% |
932,447
+850,626
| +1,040% | +$269M |
|
221
CALL
BP
BP
$107B
| $304M | 0.08% |
8,702,900
+10,400
| +0.1% | +$346K |
|
222
CALL
lululemon athletica
LULU
$14.6B
| $303M | 0.08% |
947,200
+334,400
| +55% | +$110M |
|
223
PUT
Northrop Grumman
NOC
$81.2B
| $303M | 0.08% |
555,700
+167,200
| +43% | +$87.2M |
|
224
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $300M | 0.08% |
2,845,400
-8,123,600
| -74% | -$850M |
|
225
CALL
Biogen
BIIB
$30.7B
| $300M | 0.08% |
1,081,800
-366,600
| -25% | -$104M |
|
Similar funds
Susquehanna International Group's Q4 2022 Portfolio in Review
As of Q4 2022, Susquehanna International Group held 14,748 positions worth $395B, up 2.2% from $387B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Susquehanna International Group's Q4 2022 filing shows 1,670 new, 4,599 increased, 5,766 reduced and 2,485 closed positions. Its largest new stake was Vanguard FTSE All-World ex-US ETF: 2,560,357 shares worth $128M. The largest sale was Amazon, an estimated $1.48B.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 1.9% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q4 2022 buy was Vanguard FTSE All-World ex-US ETF: 2,560,357 shares worth $128M.
- Susquehanna International Group added most to Tesla in Q4 2022, an estimated $2.17B increase.
- Susquehanna International Group's biggest Q4 2022 reduction was Amazon, cutting an estimated $1.48B.
- Susquehanna International Group fully exited Twitter, Inc. in Q4 2022, selling an estimated $76M.
- Susquehanna International Group's ten largest holdings make up 27% of its $395B portfolio in Q4 2022.
- Susquehanna International Group opened 1,670 new positions and closed 2,485 in Q4 2022.
- Susquehanna International Group's portfolio value rose 2.2% quarter-over-quarter to $395B.
Based on Susquehanna International Group's 13F filing for Q4 2022, filed 14 Feb 2023.