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 | |
|---|---|---|---|---|---|---|
2826
PUT
JetBlue
JBLU
$2.13B
| $8.09M | ﹤0.01% |
1,677,700
+452,400
| +37% | +$2.97M |
|
2827
Realty Income
O
$59.4B
| $8.06M | ﹤0.01% |
139,000
-266,731
| -66% | -$14.8M |
|
2828
PUT
Old Dominion Freight Line
ODFL
$43.7B
| $8.04M | ﹤0.01% |
48,600
-19,000
| -28% | -$3.45M |
|
2829
PUT
Novavax
NVAX
$1.33B
| $8.04M | ﹤0.01% |
1,254,000
+257,500
| +26% | +$2.13M |
|
2830
PUT
Cheesecake Factory
CAKE
$5.64B
| $8.03M | ﹤0.01% |
165,100
+120,700
| +272% | +$6.18M |
|
|
IPG
2831
DELISTED
Interpublic Group of Companies
IPG
| $8.02M | ﹤0.01% |
295,446
+6,820
| +2% | +$187K |
|
2832
CALL
EPR Properties
EPR
$4.69B
| $8.02M | ﹤0.01% |
152,500
+48,500
| +47% | +$2.38M |
|
2833
Zions Bancorporation
ZION
$10.5B
| $8.02M | ﹤0.01% |
160,899
+91,076
| +130% | +$4.9M |
|
2834
CALL
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $8.01M | ﹤0.01% |
191,500
-27,300
| -12% | -$1.14M |
|
2835
Universal Display
OLED
$4.09B
| $8.01M | ﹤0.01% |
57,450
+44,189
| +333% | +$6.6M |
|
2836
Grocery Outlet
GO
$1.1B
| $8.01M | ﹤0.01% |
572,860
+505,505
| +751% | +$7.48M |
|
|
CMRX
2837
DELISTED
Chimerix, Inc.
CMRX
| $8M | ﹤0.01% |
940,133
+846,685
| +906% | +$4.67M |
|
2838
CALL
American Eagle Outfitters
AEO
$2.71B
| $7.99M | ﹤0.01% |
687,800
+66,200
| +11% | +$946K |
|
2839
CALL
Blue Owl Capital
OBDC
$5.78B
| $7.99M | ﹤0.01% |
545,100
+366,400
| +205% | +$5.5M |
|
2840
Group 1 Automotive
GPI
$3.15B
| $7.97M | ﹤0.01% |
20,869
+8,973
| +75% | +$3.93M |
|
2841
CALL
Nordson
NDSN
$17.2B
| $7.97M | ﹤0.01% |
39,500
-2,500
| -6% | -$529K |
|
2842
PUT
Star Bulk Carriers
SBLK
$3.24B
| $7.97M | ﹤0.01% |
512,000
-258,900
| -34% | -$4.04M |
|
2843
CALL
BlackBerry
BB
$5.22B
| $7.96M | ﹤0.01% |
2,111,300
-151,300
| -7% | -$689K |
|
2844
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.3B
| $7.96M | ﹤0.01% |
32,519
+30,491
| +1,504% | +$7.93M |
|
2845
CALL
Sociedad Química y Minera de Chile
SQM
$21.2B
| $7.95M | ﹤0.01% |
200,200
-126,600
| -39% | -$5.08M |
|
2846
SentinelOne
S
$7.92B
| $7.94M | ﹤0.01% |
436,649
+252,505
| +137% | +$5.48M |
|
|
PR
2847
CALL
Permian Resources
PR
$18B
| $7.93M | ﹤0.01% |
572,800
-198,400
| -26% | -$2.84M |
|
2848
Essent Group
ESNT
$6.25B
| $7.93M | ﹤0.01% |
137,370
+76,101
| +124% | +$4.31M |
|
2849
CALL
Ares Management
ARES
$32.5B
| $7.89M | ﹤0.01% |
53,800
-103,600
| -66% | -$17.9M |
|
|
CBL
2850
CALL
CBL Properties
CBL
$1.8B
| $7.89M | ﹤0.01% |
296,700
+285,800
| +2,622% | +$8.4M |
|
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.