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 | |
|---|---|---|---|---|---|---|
3326
CALL
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$581M
| $5.95M | ﹤0.01% |
95,600
+15,800
| +20% | +$1.24M |
|
3327
Prestige Consumer Healthcare
PBH
$2.43B
| $5.94M | ﹤0.01% |
69,143
+47,954
| +226% | +$3.93M |
|
3328
Kite Realty
KRG
$5.3B
| $5.94M | ﹤0.01% |
265,660
+167,721
| +171% | +$3.83M |
|
3329
WSFS Financial
WSFS
$4.17B
| $5.94M | ﹤0.01% |
114,457
+81,717
| +250% | +$4.4M |
|
3330
Independence Realty Trust
IRT
$4.01B
| $5.93M | ﹤0.01% |
279,277
+172,097
| +161% | +$3.47M |
|
3331
PUT
IES Holdings
IESC
$15.1B
| $5.93M | ﹤0.01% |
35,900
-14,200
| -28% | -$2.96M |
|
3332
Customers Bancorp
CUBI
$2.82B
| $5.93M | ﹤0.01% |
118,060
+57,739
| +96% | +$3.03M |
|
3333
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.76B
| $5.93M | ﹤0.01% |
122,653
+114,366
| +1,380% | +$5.61M |
|
3334
Lithia Motors
LAD
$8.3B
| $5.92M | ﹤0.01% |
20,172
-3,621
| -15% | -$1.23M |
|
3335
CALL
Manhattan Associates
MANH
$11.5B
| $5.92M | ﹤0.01% |
34,200
-1,300
| -4% | -$271K |
|
3336
Gulfport Energy Corp
GPOR
$3.01B
| $5.92M | ﹤0.01% |
32,135
-15,393
| -32% | -$2.8M |
|
3337
LKQ Corp
LKQ
$6.43B
| $5.92M | ﹤0.01% |
139,064
-32,787
| -19% | -$1.3M |
|
3338
Webster Financial
WBS
$12.8B
| $5.91M | ﹤0.01% |
114,574
+46,619
| +69% | +$2.59M |
|
3339
PUT
Prospect Capital
PSEC
$1.15B
| $5.9M | ﹤0.01% |
1,438,500
+2,500
| +0.2% | +$10.8K |
|
3340
Emcor
EME
$36.9B
| $5.9M | ﹤0.01% |
15,955
+13,424
| +530% | +$5.81M |
|
3341
CALL
iShares Core MSCI EAFE ETF
IEFA
$196B
| $5.89M | ﹤0.01% |
77,900
+23,000
| +42% | +$1.72M |
|
3342
CALL
ProShares UltraPro Dow 30
UDOW
$924M
| $5.89M | ﹤0.01% |
134,200
-81,800
| -38% | -$4M |
|
3343
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$196M
| $5.89M | ﹤0.01% |
34,600
+19,710
| +132% | +$2.73M |
|
3344
Vanguard S&P 500 Growth ETF
VOOG
$27.3B
| $5.89M | ﹤0.01% |
105,606
+101,160
| +2,275% | +$6.13M |
|
3345
First Merchants
FRME
$2.74B
| $5.89M | ﹤0.01% |
145,573
+66,320
| +84% | +$2.76M |
|
|
SF
3346
CALL
Stifel
SF
$12.9B
| $5.87M | ﹤0.01% |
93,450
-68,850
| -42% | -$4.85M |
|
3347
PUT
Omega Healthcare
OHI
$14.1B
| $5.87M | ﹤0.01% |
154,200
-43,000
| -22% | -$1.6M |
|
3348
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $5.87M | ﹤0.01% |
205,600
-44,000
| -18% | -$1.28M |
|
3349
Crocs
CROX
$6.32B
| $5.86M | ﹤0.01% |
55,208
+43,879
| +387% | +$4.55M |
|
3350
iShares Global Consumer Discretionary ETF
RXI
$274M
| $5.86M | ﹤0.01% |
32,980
+30,078
| +1,036% | +$5.62M |
|
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.