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 | |
|---|---|---|---|---|---|---|
|
UCB
3376
United Community Banks
UCB
$4.43B
| $5.77M | ﹤0.01% |
205,172
+129,353
| +171% | +$4.05M |
|
3377
Hyatt Hotels
H
$17.1B
| $5.77M | ﹤0.01% |
47,109
+38,814
| +468% | +$5.59M |
|
|
ONC
3378
PUT
BeOne Medicines Ltd
ONC
$39.3B
| $5.77M | ﹤0.01% |
21,200
-32,000
| -60% | -$7.48M |
|
3379
iRhythm Holdings
IRTC
$4.17B
| $5.77M | ﹤0.01% |
55,108
+28,886
| +110% | +$3.06M |
|
3380
PUT
ProShares UltraPro Short Dow 30
SDOW
$186M
| $5.77M | ﹤0.01% |
110,500
+65,100
| +143% | +$3.17M |
|
|
TEN
3381
Tsakos Energy Navigation Ltd
TEN
$1.25B
| $5.77M | ﹤0.01% |
337,985
+119,190
| +54% | +$2.08M |
|
3382
Howmet Aerospace
HWM
$115B
| $5.77M | ﹤0.01% |
44,443
-109,940
| -71% | -$14M |
|
3383
CALL
State Street SPDR S&P Semiconductor ETF
XSD
$2.93B
| $5.76M | ﹤0.01% |
28,700
-7,400
| -20% | -$1.76M |
|
3384
Sysco
SYY
$39.7B
| $5.76M | ﹤0.01% |
76,762
-181,167
| -70% | -$13.3M |
|
3385
PUT
Global Ship Lease
GSL
$1.52B
| $5.76M | ﹤0.01% |
251,900
+61,700
| +32% | +$1.38M |
|
3386
CALL
Ericsson
ERIC
$33.6B
| $5.75M | ﹤0.01% |
741,600
+317,300
| +75% | +$2.56M |
|
3387
CALL
Urban Outfitters
URBN
$6.66B
| $5.75M | ﹤0.01% |
109,800
-161,200
| -59% | -$8.84M |
|
3388
PUT
ProShares Ultra Semiconductors
USD
$2.96B
| $5.75M | ﹤0.01% |
284,800
+165,800
| +139% | +$4.75M |
|
3389
PUT
Kimco Realty
KIM
$16.4B
| $5.75M | ﹤0.01% |
270,500
+261,700
| +2,974% | +$5.71M |
|
3390
PUT
iShares MSCI Mexico ETF
EWW
$1.86B
| $5.74M | ﹤0.01% |
112,700
-372,500
| -77% | -$18.8M |
|
3391
ScottsMiracle-Gro
SMG
$3.55B
| $5.74M | ﹤0.01% |
104,616
+88,129
| +535% | +$5.7M |
|
3392
CALL
Genius Sports
GENI
$2.33B
| $5.74M | ﹤0.01% |
573,300
+300,200
| +110% | +$2.78M |
|
|
HUT
3393
Hut 8
HUT
$10.5B
| $5.74M | ﹤0.01% |
493,847
-273,925
| -36% | -$5.06M |
|
3394
ClearPoint Neuro
CLPT
$468M
| $5.74M | ﹤0.01% |
482,372
-26,792
| -5% | -$417K |
|
3395
CALL
Beam Therapeutics
BEAM
$2.76B
| $5.73M | ﹤0.01% |
293,500
+159,900
| +120% | +$4.19M |
|
3396
First Bancorp
FBP
$4.53B
| $5.73M | ﹤0.01% |
298,950
+200,258
| +203% | +$3.89M |
|
3397
Varonis Systems
VRNS
$5.17B
| $5.73M | ﹤0.01% |
141,645
+14,876
| +12% | +$640K |
|
3398
PUT
Blackstone Mortgage Trust
BXMT
$2.44B
| $5.73M | ﹤0.01% |
286,400
+8,200
| +3% | +$159K |
|
3399
CALL
Chemed
CHE
$6.96B
| $5.72M | ﹤0.01% |
9,300
+5,600
| +151% | +$3.18M |
|
3400
PUT
Canadian Imperial Bank of Commerce
CM
$113B
| $5.72M | ﹤0.01% |
101,600
-6,100
| -6% | -$368K |
|
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.