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 | |
|---|---|---|---|---|---|---|
1
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$783B
| $26.4B | 6.69% |
69,150,700
+14,729,400
| +27% | +$5.66B |
|
|
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$783B
| $25.1B | 6.36% |
65,759,600
-12,883,500
| -16% | -$4.95B |
|
|
3
CALL
Tesla
TSLA
$1.21T
| $9.52B | 2.41% |
77,255,400
+13,243,700
| +21% | +$2.51B |
|
|
4
CALL
Invesco QQQ Trust
QQQ
$445B
| $8.66B | 2.19% |
32,526,200
+4,289,900
| +15% | +$1.19B |
|
|
5
PUT
Invesco QQQ Trust
QQQ
$445B
| $7.89B | 1.99% |
29,617,100
-3,189,300
| -10% | -$882M |
|
|
6
PUT
Tesla
TSLA
$1.21T
| $7.16B | 1.81% |
58,105,500
+5,805,200
| +11% | +$1.1B |
|
|
7
CALL
Amazon
AMZN
$2.48T
| $6.74B | 1.71% |
80,271,300
+5,228,000
| +7% | +$516M |
|
|
8
State Street SPDR S&P 500 ETF Trust
SPY
$783B
| $5.85B | 1.48% |
15,296,021
-52,726
| -0.3% | -$20.3M |
|
|
9
CALL
Apple
AAPL
$4.99T
| $5.75B | 1.45% |
44,245,500
+4,222,800
| +11% | +$603M |
|
|
10
PUT
iShares Russell 2000 ETF
IWM
$80.4B
| $5.31B | 1.34% |
30,438,400
-9,290,300
| -23% | -$1.65B |
|
|
11
CALL
Microsoft
MSFT
$2.92T
| $4.66B | 1.18% |
19,450,500
+8,302,200
| +74% | +$1.99B |
|
|
12
PUT
Apple
AAPL
$4.99T
| $4.29B | 1.08% |
32,994,700
-2,197,700
| -6% | -$314M |
|
|
13
PUT
Amazon
AMZN
$2.48T
| $3.59B | 0.91% |
42,777,600
-28,512,900
| -40% | -$2.82B |
|
|
14
CALL
iShares Russell 2000 ETF
IWM
$80.4B
| $2.94B | 0.74% |
16,849,400
+4,738,600
| +39% | +$843M |
|
|
15
PUT
Microsoft
MSFT
$2.92T
| $2.87B | 0.73% |
11,986,300
+2,616,100
| +28% | +$628M |
|
16
CALL
Meta Platforms (Facebook)
META
$1.51T
| $2.77B | 0.7% |
23,027,600
+6,202,900
| +37% | +$728M |
|
|
17
PUT
Booking.com
BKNG
$154B
| $2.48B | 0.63% |
30,742,500
+9,512,500
| +45% | +$722M |
|
18
CALL
NVIDIA
NVDA
$4.77T
| $2.31B | 0.58% |
157,921,000
+51,042,000
| +48% | +$749M |
|
19
CALL
Netflix
NFLX
$301B
| $2.27B | 0.57% |
76,842,000
+17,628,000
| +30% | +$494M |
|
|
20
CALL
Alphabet (Google) Class A
GOOGL
$4.08T
| $2.09B | 0.53% |
23,612,500
-158,100
| -0.7% | -$15M |
|
|
21
PUT
Netflix
NFLX
$301B
| $2.08B | 0.53% |
70,533,000
+5,952,000
| +9% | +$167M |
|
|
22
Invesco QQQ Trust
QQQ
$445B
| $2.06B | 0.52% |
7,729,324
-2,166,550
| -22% | -$599M |
|
23
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$43.1B
| $2.04B | 0.52% |
20,523,700
+6,396,600
| +45% | +$645M |
|
24
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $1.92B | 0.49% |
5,803,900
+246,500
| +4% | +$80.1M |
|
25
CALL
Berkshire Hathaway Class B
BRK.B
$1.11T
| $1.9B | 0.48% |
6,161,600
+1,444,500
| +31% | +$429M |
|
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, 5,768 reduced and 2,484 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 2,484 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.