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 | |
|---|---|---|---|---|---|---|
2651
CALL
AllianceBernstein
AB
$3.41B
| $9.11M | ﹤0.01% |
237,800
+117,300
| +97% | +$4.42M |
|
2652
CALL
A.O. Smith
AOS
$8.45B
| $9.1M | ﹤0.01% |
139,300
+53,200
| +62% | +$3.6M |
|
2653
PUT
Bank OZK
OZK
$5.72B
| $9.09M | ﹤0.01% |
209,300
+22,200
| +12% | +$1.05M |
|
2654
Vanguard Russell 3000 ETF
VTHR
$4.88B
| $9.09M | ﹤0.01% |
36,829
+35,721
| +3,224% | +$9.31M |
|
2655
CALL
Goodyear
GT
$1.76B
| $9.08M | ﹤0.01% |
982,200
+74,800
| +8% | +$684K |
|
2656
CALL
Essex Property Trust
ESS
$18.5B
| $9.07M | ﹤0.01% |
29,600
+4,900
| +20% | +$1.43M |
|
2657
Avantis US Equity ETF
AVUS
$14.5B
| $9.07M | ﹤0.01% |
98,223
+63,197
| +180% | +$6.16M |
|
2658
Ormat Technologies
ORA
$7.06B
| $9.07M | ﹤0.01% |
128,131
+89,762
| +234% | +$6.08M |
|
2659
PUT
Sterling Infrastructure
STRL
$17.6B
| $9.06M | ﹤0.01% |
80,000
+27,200
| +52% | +$3.83M |
|
2660
Gartner
IT
$11.4B
| $9.06M | ﹤0.01% |
21,574
-43,941
| -67% | -$21.7M |
|
2661
East-West Bancorp
EWBC
$18.7B
| $9.05M | ﹤0.01% |
100,878
+58,273
| +137% | +$5.56M |
|
2662
PUT
LKQ Corp
LKQ
$6.43B
| $9.05M | ﹤0.01% |
212,800
+204,200
| +2,374% | +$8.1M |
|
2663
CALL
Zeta Global
ZETA
$7.29B
| $9.05M | ﹤0.01% |
667,500
-448,300
| -40% | -$8.01M |
|
2664
Peloton Interactive
PTON
$2.47B
| $9.05M | ﹤0.01% |
1,431,281
+1,280,135
| +847% | +$10.1M |
|
2665
PUT
ProShares UltraShort S&P500
SDS
$366M
| $9.04M | ﹤0.01% |
84,280
+52,220
| +163% | +$5.15M |
|
|
SEI
2666
CALL
Solaris Energy Infrastructure
SEI
$4.17B
| $9.03M | ﹤0.01% |
415,200
+331,500
| +396% | +$9.19M |
|
2667
CALL
MasTec
MTZ
$23.9B
| $9.03M | ﹤0.01% |
77,400
-2,100
| -3% | -$283K |
|
2668
Diageo
DEO
$53.1B
| $9.03M | ﹤0.01% |
86,169
+75,799
| +731% | +$8.57M |
|
2669
CALL
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $9.02M | ﹤0.01% |
177,400
+73,800
| +71% | +$3.73M |
|
2670
CALL
SiTime
SITM
$21.4B
| $9M | ﹤0.01% |
58,900
+35,600
| +153% | +$6.83M |
|
2671
Oneok
OKE
$59.9B
| $9M | ﹤0.01% |
90,690
-351,670
| -79% | -$34.9M |
|
2672
PUT
ADMA Biologics
ADMA
$2.12B
| $9M | ﹤0.01% |
453,400
-233,500
| -34% | -$4.04M |
|
2673
Dover
DOV
$27.9B
| $8.99M | ﹤0.01% |
51,150
-12,717
| -20% | -$2.45M |
|
|
ECHO
2674
EchoStar
ECHO
$26.7B
| $8.98M | ﹤0.01% |
350,904
+289,307
| +470% | +$7.87M |
|
2675
PUT
RUM Group Inc
RUM
$3.7B
| $8.97M | ﹤0.01% |
1,268,300
+724,300
| +133% | +$7.56M |
|
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.