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
|
+$4.05B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.61B |
| 3 |
Tesla
TSLA
|
+$636M |
| 4 |
TSMC
TSM
|
+$604M |
| 5 |
iShares Bitcoin Trust
IBIT
|
+$330M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.25B |
| 2 |
Apple
AAPL
|
+$1.13B |
| 3 |
Microsoft
MSFT
|
+$988M |
| 4 |
Meta Platforms (Facebook)
META
|
+$572M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$570M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.55% |
| 2 | Consumer Discretionary | 0.95% |
| 3 | Financials | 0.77% |
| 4 | Healthcare | 0.67% |
| 5 | Industrials | 0.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Brinker International
EAT
$10.2B
| $9.88M | ﹤0.01% |
66,311
+43,593
| +192% | +$6.7M |
|
2552
Unum
UNM
$14.8B
| $9.87M | ﹤0.01% |
121,172
+33,315
| +38% | +$2.57M |
|
2553
Clear Secure
YOU
$4.68B
| $9.87M | ﹤0.01% |
380,952
+135,748
| +55% | +$3.38M |
|
2554
Vanguard Russell 2000 Growth ETF
VTWG
$1.57B
| $9.87M | ﹤0.01% |
+52,956
| New | +$10.9M |
|
2555
CALL
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $9.85M | ﹤0.01% |
159,500
+28,500
| +22% | +$1.92M |
|
2556
CALL
Norfolk Southern
NSC
$75.1B
| $9.85M | ﹤0.01% |
41,600
-205,300
| -83% | -$50M |
|
2557
Tractor Supply
TSCO
$18.7B
| $9.85M | ﹤0.01% |
178,748
-92,839
| -34% | -$5.08M |
|
2558
CALL
Omega Healthcare
OHI
$14.1B
| $9.85M | ﹤0.01% |
258,600
-40,500
| -14% | -$1.51M |
|
2559
CALL
Hertz
HTZ
$798M
| $9.85M | ﹤0.01% |
2,498,900
+28,500
| +1% | +$114K |
|
2560
CALL
Ascendis Pharma A/S
ASND
$16.3B
| $9.83M | ﹤0.01% |
63,100
+33,700
| +115% | +$4.81M |
|
2561
PUT
Calumet Specialty Products
CLMT
$4.19B
| $9.83M | ﹤0.01% |
775,200
+307,700
| +66% | +$4.83M |
|
2562
PUT
FIVE9
FIVN
$2.47B
| $9.83M | ﹤0.01% |
362,000
+325,800
| +900% | +$11.9M |
|
|
HDV
2563
CALL
iShares Core High Dividend ETF
HDV
$15.1B
| $9.82M | ﹤0.01% |
405,500
+185,500
| +84% | +$4.34M |
|
2564
Rithm Capital
RITM
$5.79B
| $9.8M | ﹤0.01% |
855,897
-219,030
| -20% | -$2.53M |
|
2565
Deere & Co
DE
$164B
| $9.79M | ﹤0.01% |
20,857
-137,071
| -87% | -$64.1M |
|
|
MRSH
2566
Marsh
MRSH
$89.6B
| $9.78M | ﹤0.01% |
40,089
-163,471
| -80% | -$37.1M |
|
2567
PUT
iShares S&P 100 ETF
OEF
$20.5B
| $9.78M | ﹤0.01% |
36,100
-3,500
| -9% | -$1M |
|
2568
CALL
Algonquin Power & Utilities
AQN
$4.53B
| $9.73M | ﹤0.01% |
1,893,900
+628,200
| +50% | +$2.97M |
|
2569
PUT
New York Times
NYT
$10.4B
| $9.73M | ﹤0.01% |
196,200
+174,800
| +817% | +$8.79M |
|
2570
Deutsche Bank
DB
$72.5B
| $9.72M | ﹤0.01% |
407,957
+181,240
| +80% | +$3.8M |
|
2571
Acadia Healthcare
ACHC
$2.87B
| $9.72M | ﹤0.01% |
320,609
+288,350
| +894% | +$11M |
|
2572
Stellantis
STLA
$20.2B
| $9.71M | ﹤0.01% |
866,480
+157,416
| +22% | +$2.02M |
|
|
AMTM
2573
Amentum Holdings
AMTM
$5.25B
| $9.71M | ﹤0.01% |
533,567
-342,794
| -39% | -$6.98M |
|
2574
Alpha Metallurgical Resources
AMR
$2.11B
| $9.71M | ﹤0.01% |
77,529
+59,187
| +323% | +$9.63M |
|
2575
PUT
Guardant Health
GH
$21.1B
| $9.69M | ﹤0.01% |
227,400
+51,800
| +29% | +$2.23M |
|
Similar funds
Susquehanna International Group's Q1 2025 Portfolio in Review
As of Q1 2025, Susquehanna International Group held 13,842 positions worth $586B, down 12% from $663B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Susquehanna International Group withdrew a net $24.4B in Q1 2025, closing 1,483 positions and reducing 4,842 holdings. Its most notable exit was Inari Medical, Inc. Common Stock, an estimated $24M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in Brookfield Asset Management worth $86M.
- Susquehanna International Group's largest Q1 2025 buy was Brookfield Asset Management: 1,775,684 shares worth $86M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2025, an estimated $4.05B increase.
- Susquehanna International Group's biggest Q1 2025 reduction was Invesco QQQ Trust, cutting an estimated $1.25B.
- Susquehanna International Group fully exited Inari Medical, Inc. Common Stock in Q1 2025, selling an estimated $24M.
- Susquehanna International Group's ten largest holdings make up 28% of its $586B portfolio in Q1 2025.
- Susquehanna International Group opened 1,775 new positions and closed 1,483 in Q1 2025.
- Susquehanna International Group's portfolio value fell 12% quarter-over-quarter to $586B.
Based on Susquehanna International Group's 13F filing for Q1 2025, filed 14 May 2025.