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 | |
|---|---|---|---|---|---|---|
2601
Pultegroup
PHM
$24.8B
| $9.47M | ﹤0.01% |
92,157
-22,530
| -20% | -$2.43M |
|
2602
Tradr TSLA Bear Daily ETF
TSLQ
$98.6M
| $9.47M | ﹤0.01% |
68,943
-566
| -0.8% | -$64K |
|
2603
Direxion Daily Technology Bear 3x ETF
TECS
$59.6M
| $9.45M | ﹤0.01% |
14,940
+11,428
| +325% | +$5.78M |
|
2604
PUT
ArcelorMittal
MT
$55.7B
| $9.43M | ﹤0.01% |
327,000
+97,300
| +42% | +$2.68M |
|
2605
PUT
US Global Jets ETF
JETS
$824M
| $9.43M | ﹤0.01% |
454,000
+80,600
| +22% | +$1.98M |
|
|
P
2606
PUT
Everpure Inc
P
$39.3B
| $9.41M | ﹤0.01% |
212,600
-137,600
| -39% | -$8.3M |
|
|
PTIR
2607
PUT
GraniteShares 2x Long PLTR Daily ETF
PTIR
$419M
| $9.4M | ﹤0.01% |
+1,060,500
| New | +$11.6M |
|
2608
Range Resources
RRC
$9.42B
| $9.4M | ﹤0.01% |
235,358
+54,993
| +30% | +$2.12M |
|
2609
CALL
Agree Realty
ADC
$9.3B
| $9.39M | ﹤0.01% |
121,700
+74,500
| +158% | +$5.46M |
|
|
PPLI
2610
CALL
People Inc
PPLI
$3.01B
| $9.39M | ﹤0.01% |
249,164
+158,714
| +175% | +$5.79M |
|
2611
Chewy
CHWY
$9.18B
| $9.38M | ﹤0.01% |
288,448
+172,772
| +149% | +$6.2M |
|
2612
PUT
Verisk Analytics
VRSK
$23.6B
| $9.38M | ﹤0.01% |
31,500
+7,400
| +31% | +$2.13M |
|
2613
CALL
Ball Corp
BALL
$16.4B
| $9.37M | ﹤0.01% |
179,900
-35,700
| -17% | -$1.87M |
|
2614
Vanguard Russell 1000 Growth ETF
VONG
$46.1B
| $9.36M | ﹤0.01% |
100,923
+84,913
| +530% | +$8.62M |
|
2615
Kodak
KODK
$979M
| $9.36M | ﹤0.01% |
1,481,086
+563,032
| +61% | +$3.91M |
|
|
OSG
2616
CALL
Octave Specialty Group
OSG
$221M
| $9.35M | ﹤0.01% |
1,068,900
+253,200
| +31% | +$2.67M |
|
2617
CALL
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $9.35M | ﹤0.01% |
170,500
+12,300
| +8% | +$658K |
|
2618
Primoris Services
PRIM
$4.48B
| $9.34M | ﹤0.01% |
162,776
+25,456
| +19% | +$1.84M |
|
2619
CALL
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $9.33M | ﹤0.01% |
161,900
-33,700
| -17% | -$1.9M |
|
2620
CALL
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $9.33M | ﹤0.01% |
182,600
+17,800
| +11% | +$923K |
|
2621
CALL
CoreCivic
CXW
$3.25B
| $9.32M | ﹤0.01% |
459,100
-355,600
| -44% | -$7.16M |
|
2622
VSE Corp
VSEC
$6.79B
| $9.31M | ﹤0.01% |
77,568
+29,142
| +60% | +$3.12M |
|
2623
Protagonist Therapeutics
PTGX
$10B
| $9.3M | ﹤0.01% |
192,239
+122,302
| +175% | +$5.12M |
|
2624
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $9.29M | ﹤0.01% |
205,200
-166,500
| -45% | -$7.49M |
|
2625
CALL
BigBear.ai
BBAI
$1.57B
| $9.27M | ﹤0.01% |
3,242,400
+5,600
| +0.2% | +$26.7K |
|
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.