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 | |
|---|---|---|---|---|---|---|
3226
Emerson Electric
EMR
$91B
| $6.27M | ﹤0.01% |
57,207
-251,989
| -81% | -$30.4M |
|
3227
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$12.1B
| $6.27M | ﹤0.01% |
267,729
+49,357
| +23% | +$1.17M |
|
3228
Sprott Uranium Miners ETF
URNM
$2B
| $6.27M | ﹤0.01% |
193,188
+140,465
| +266% | +$5.34M |
|
3229
PUT
Ecopetrol
EC
$35.3B
| $6.26M | ﹤0.01% |
600,000
+100,900
| +20% | +$964K |
|
3230
H&R Block
HRB
$6.83B
| $6.26M | ﹤0.01% |
113,981
+87,373
| +328% | +$4.67M |
|
3231
CALL
Amkor Technology
AMKR
$14.7B
| $6.26M | ﹤0.01% |
346,400
+195,700
| +130% | +$4.42M |
|
3232
CALL
Portillo's
PTLO
$374M
| $6.25M | ﹤0.01% |
526,000
+391,700
| +292% | +$5.09M |
|
3233
Azenta
AZTA
$1.46B
| $6.25M | ﹤0.01% |
180,515
+172,744
| +2,223% | +$7.95M |
|
3234
PUT
Invesco S&P 500 Low Volatility ETF
SPLV
$7.23B
| $6.25M | ﹤0.01% |
83,600
-697,300
| -89% | -$50.4M |
|
3235
PUT
HDFC Bank
HDB
$120B
| $6.25M | ﹤0.01% |
188,000
-18,000
| -9% | -$549K |
|
3236
CALL
Vanguard Total International Stock ETF
VXUS
$164B
| $6.24M | ﹤0.01% |
100,500
+72,800
| +263% | +$4.5M |
|
3237
Skywest
SKYW
$4.18B
| $6.24M | ﹤0.01% |
71,410
+44,562
| +166% | +$4.56M |
|
3238
StoneCo
STNE
$2.32B
| $6.23M | ﹤0.01% |
594,913
-265,164
| -31% | -$2.5M |
|
3239
CALL
Regions Financial
RF
$27.2B
| $6.23M | ﹤0.01% |
286,900
-138,500
| -33% | -$3.23M |
|
3240
iShares Russell Top 200 Growth ETF
IWY
$16.7B
| $6.22M | ﹤0.01% |
29,480
+24,916
| +546% | +$5.73M |
|
|
DESP
3241
DELISTED
Despegar.com
DESP
| $6.22M | ﹤0.01% |
330,913
+15,577
| +5% | +$299K |
|
3242
SPS Commerce
SPSC
$2.86B
| $6.22M | ﹤0.01% |
46,828
+28,987
| +162% | +$4.56M |
|
3243
GraniteShares 2x Short NVDA Daily ETF
NVD
$48.6M
| $6.22M | ﹤0.01% |
179,585
+106,329
| +145% | +$3.09M |
|
3244
Quest Diagnostics
DGX
$25.9B
| $6.22M | ﹤0.01% |
36,732
-25,021
| -41% | -$4.11M |
|
3245
PUT
Amdocs
DOX
$6.18B
| $6.21M | ﹤0.01% |
67,900
-81,100
| -54% | -$7.08M |
|
3246
Sibanye-Stillwater
SBSW
$7.62B
| $6.21M | ﹤0.01% |
1,355,931
+351,741
| +35% | +$1.33M |
|
3247
PUT
iShares Russell 1000 Value ETF
IWD
$84.2B
| $6.21M | ﹤0.01% |
33,000
-110,100
| -77% | -$21M |
|
3248
Black Hills Corp
BKH
$5.66B
| $6.2M | ﹤0.01% |
102,299
+68,970
| +207% | +$4.08M |
|
3249
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $6.2M | ﹤0.01% |
148,089
-28,991
| -16% | -$1.21M |
|
|
COOP
3250
PUT
DELISTED
Mr. Cooper
COOP
| $6.2M | ﹤0.01% |
51,800
-53,000
| -51% | -$5.53M |
|
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.