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 | |
|---|---|---|---|---|---|---|
2801
Liberty Global Class A
LBTYA
$3.57B
| $8.21M | ﹤0.01% |
713,394
+313,623
| +78% | +$3.65M |
|
|
SMCX
2802
PUT
Defiance Daily Target 2X Long SMCI ETF
SMCX
$305M
| $8.2M | ﹤0.01% |
126,800
+87,800
| +225% | +$8.98M |
|
2803
Vanguard Information Technology ETF
VGT
$150B
| $8.2M | ﹤0.01% |
120,920
+97,016
| +406% | +$7.31M |
|
|
JOYY
2804
CALL
JOYY Inc
JOYY
$3.68B
| $8.19M | ﹤0.01% |
195,200
+136,700
| +234% | +$6.15M |
|
2805
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.17B
| $8.19M | ﹤0.01% |
+343,233
| New | +$8.39M |
|
2806
WesBanco
WSBC
$4.09B
| $8.18M | ﹤0.01% |
264,262
+186,996
| +242% | +$6.24M |
|
2807
Kinetik
KNTK
$4.3B
| $8.17M | ﹤0.01% |
157,367
-76,730
| -33% | -$4.5M |
|
2808
CALL
Reliance Steel & Aluminium
RS
$21.8B
| $8.17M | ﹤0.01% |
28,300
+2,500
| +10% | +$715K |
|
2809
First Interstate BancSystem
FIBK
$3.73B
| $8.17M | ﹤0.01% |
285,203
+106,228
| +59% | +$3.29M |
|
2810
PUT
InMode
INMD
$872M
| $8.16M | ﹤0.01% |
460,200
+78,900
| +21% | +$1.42M |
|
2811
CALL
FuboTV Inc
FUBO
$307M
| $8.16M | ﹤0.01% |
232,975
+214,850
| +1,185% | +$9.35M |
|
2812
CALL
Parsons
PSN
$5.12B
| $8.16M | ﹤0.01% |
137,800
+76,900
| +126% | +$5.57M |
|
2813
PUT
Western Union
WU
$2.32B
| $8.16M | ﹤0.01% |
771,000
+116,500
| +18% | +$1.23M |
|
2814
PUT
KBR
KBR
$4.84B
| $8.15M | ﹤0.01% |
163,700
+131,500
| +408% | +$7.01M |
|
2815
ACI Worldwide
ACIW
$5.4B
| $8.15M | ﹤0.01% |
149,025
+65,160
| +78% | +$3.46M |
|
2816
Tyson Foods
TSN
$20.5B
| $8.15M | ﹤0.01% |
127,768
-402,433
| -76% | -$23.6M |
|
2817
PUT
Rocket Companies
RKT
$41.8B
| $8.15M | ﹤0.01% |
675,200
+454,100
| +205% | +$5.86M |
|
|
SNV
2818
DELISTED
Synovus
SNV
| $8.14M | ﹤0.01% |
174,245
+44,037
| +34% | +$2.27M |
|
2819
PUT
Plains GP Holdings
PAGP
$5.11B
| $8.14M | ﹤0.01% |
381,000
+71,400
| +23% | +$1.5M |
|
2820
CALL
SiteOne Landscape Supply
SITE
$4.3B
| $8.14M | ﹤0.01% |
67,000
+55,300
| +473% | +$7.33M |
|
2821
PUT
Tractor Supply
TSCO
$18.7B
| $8.13M | ﹤0.01% |
147,500
-428,000
| -74% | -$23.4M |
|
2822
Goodyear
GT
$1.76B
| $8.11M | ﹤0.01% |
877,862
+135,570
| +18% | +$1.24M |
|
|
FITB
2823
PUT
Fifth Third Bancorp
FITB
$52.7B
| $8.11M | ﹤0.01% |
206,800
-735,200
| -78% | -$31M |
|
2824
UFP Industries
UFPI
$4.96B
| $8.1M | ﹤0.01% |
75,716
+46,869
| +162% | +$5.23M |
|
2825
CALL
RB Global
RBA
$15.6B
| $8.1M | ﹤0.01% |
80,800
-284,400
| -78% | -$27.1M |
|
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.