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 | |
|---|---|---|---|---|---|---|
2626
DexCom
DXCM
$33.9B
| $9.27M | ﹤0.01% |
135,758
-276,679
| -67% | -$22.6M |
|
2627
Immunome
IMNM
$3.09B
| $9.27M | ﹤0.01% |
1,377,053
+1,294,458
| +1,567% | +$12.4M |
|
2628
PUT
Patterson-UTI
PTEN
$4.34B
| $9.25M | ﹤0.01% |
1,124,700
+156,300
| +16% | +$1.31M |
|
2629
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $9.24M | ﹤0.01% |
+91,834
| New | +$9.23M |
|
2630
Synaptics
SYNA
$4.25B
| $9.24M | ﹤0.01% |
144,974
+104,271
| +256% | +$7.56M |
|
2631
PUT
MasTec
MTZ
$23.9B
| $9.23M | ﹤0.01% |
79,100
-12,100
| -13% | -$1.63M |
|
2632
Banc of California
BANC
$3.13B
| $9.23M | ﹤0.01% |
650,544
+329,882
| +103% | +$4.99M |
|
2633
Jackson Financial
JXN
$9.17B
| $9.23M | ﹤0.01% |
110,176
+59,287
| +117% | +$5.26M |
|
2634
Medtronic
MDT
$117B
| $9.23M | ﹤0.01% |
102,671
-502,297
| -83% | -$44.9M |
|
2635
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $9.22M | ﹤0.01% |
181,414
-1,471,108
| -89% | -$74.4M |
|
2636
Airbnb
ABNB
$110B
| $9.22M | ﹤0.01% |
77,145
-233,270
| -75% | -$31.3M |
|
2637
Nokia
NOK
$60.1B
| $9.19M | ﹤0.01% |
1,744,135
-1,083,613
| -38% | -$5.3M |
|
2638
CALL
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $9.19M | ﹤0.01% |
36,500
-5,300
| -13% | -$1.47M |
|
2639
CALL
Chord Energy
CHRD
$7.51B
| $9.19M | ﹤0.01% |
81,500
+46,300
| +132% | +$5.26M |
|
2640
EXL Service
EXLS
$5.28B
| $9.17M | ﹤0.01% |
194,278
+126,392
| +186% | +$6.08M |
|
2641
MetLife
MET
$62.1B
| $9.17M | ﹤0.01% |
114,179
-272,948
| -71% | -$22.7M |
|
2642
CALL
DigitalOcean
DOCN
$15.3B
| $9.15M | ﹤0.01% |
273,900
-99,700
| -27% | -$3.9M |
|
2643
PUT
ProShares Ultra Silver
AGQ
$1.43B
| $9.14M | ﹤0.01% |
198,100
-48,900
| -20% | -$2M |
|
2644
CALL
Broadridge
BR
$19.5B
| $9.14M | ﹤0.01% |
37,700
+16,500
| +78% | +$3.88M |
|
2645
iShares Global Tech ETF
IXN
$9.42B
| $9.13M | ﹤0.01% |
120,541
+57,418
| +91% | +$4.75M |
|
2646
RenaissanceRe
RNR
$13.4B
| $9.13M | ﹤0.01% |
38,031
+10,684
| +39% | +$2.59M |
|
2647
Alcoa
AA
$13.2B
| $9.13M | ﹤0.01% |
299,222
+106,321
| +55% | +$3.72M |
|
2648
Rapid7
RPD
$876M
| $9.12M | ﹤0.01% |
344,083
-206,365
| -37% | -$7.02M |
|
2649
CALL
AeroVironment
AVAV
$9.76B
| $9.12M | ﹤0.01% |
76,500
-68,800
| -47% | -$10.6M |
|
2650
Enovis
ENOV
$1.5B
| $9.11M | ﹤0.01% |
238,488
+126,428
| +113% | +$5.36M |
|
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.