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 | |
|---|---|---|---|---|---|---|
3426
CALL
Weibo
WB
$1.88B
| $5.65M | ﹤0.01% |
596,100
-344,800
| -37% | -$3.5M |
|
3427
CALL
Sabre
SABR
$900M
| $5.64M | ﹤0.01% |
2,006,700
-176,100
| -8% | -$623K |
|
|
MSTU
3428
PUT
T-Rex 2X Long MSTR Daily Target ETF
MSTU
$296M
| $5.64M | ﹤0.01% |
103,250
-306,810
| -75% | -$24.7M |
|
3429
First Trust Technology AlphaDEX Fund
FXL
$2.88B
| $5.63M | ﹤0.01% |
42,606
+34,248
| +410% | +$5.07M |
|
3430
Fair Isaac
FICO
$23.5B
| $5.63M | ﹤0.01% |
3,055
-9,643
| -76% | -$17.9M |
|
3431
CALL
Schrodinger
SDGR
$1.32B
| $5.63M | ﹤0.01% |
285,400
+140,300
| +97% | +$3.16M |
|
3432
PUT
iRhythm Holdings
IRTC
$4.17B
| $5.63M | ﹤0.01% |
53,800
-2,400
| -4% | -$254K |
|
3433
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $5.63M | ﹤0.01% |
17,296
+13,908
| +411% | +$5.04M |
|
3434
CALL
Tencent Music
TME
$14.5B
| $5.63M | ﹤0.01% |
390,600
-537,800
| -58% | -$6.71M |
|
3435
CALL
CoinShares Bitcoin Mining ETF
WGMI
$243M
| $5.63M | ﹤0.01% |
440,700
+238,300
| +118% | +$4.76M |
|
3436
CALL
Ambarella
AMBA
$3.6B
| $5.63M | ﹤0.01% |
111,800
-90,800
| -45% | -$6.21M |
|
3437
PUT
MarketAxess Holdings
MKTX
$5.72B
| $5.63M | ﹤0.01% |
26,000
-30,400
| -54% | -$6.39M |
|
3438
Novanta
NOVT
$6.3B
| $5.62M | ﹤0.01% |
43,966
+28,631
| +187% | +$4.12M |
|
3439
General Dynamics
GD
$107B
| $5.62M | ﹤0.01% |
20,623
-129,343
| -86% | -$33.6M |
|
|
JNPR
3440
DELISTED
Juniper Networks
JNPR
| $5.62M | ﹤0.01% |
155,296
-43,771
| -22% | -$1.6M |
|
3441
PUT
Genesis Energy
GEL
$1.93B
| $5.62M | ﹤0.01% |
358,200
+101,900
| +40% | +$1.24M |
|
3442
Tyler Technologies
TYL
$13.5B
| $5.62M | ﹤0.01% |
9,661
-7,389
| -43% | -$4.39M |
|
|
EVBN
3443
DELISTED
Evans Bancorp Inc
EVBN
| $5.61M | ﹤0.01% |
143,904
+29,931
| +26% | +$1.26M |
|
3444
CALL
Infosys
INFY
$49B
| $5.61M | ﹤0.01% |
307,200
-105,200
| -26% | -$2.18M |
|
3445
Conagra Brands
CAG
$7.5B
| $5.61M | ﹤0.01% |
210,164
-48,104
| -19% | -$1.24M |
|
3446
CALL
Glaukos
GKOS
$10.9B
| $5.6M | ﹤0.01% |
56,900
-36,500
| -39% | -$4.87M |
|
3447
PUT
iShares Russell 1000 Growth ETF
IWF
$128B
| $5.6M | ﹤0.01% |
62,000
-97,600
| -61% | -$9.63M |
|
|
JWN
3448
DELISTED
Nordstrom
JWN
| $5.59M | ﹤0.01% |
228,833
-163,739
| -42% | -$3.97M |
|
3449
Dropbox
DBX
$7.48B
| $5.58M | ﹤0.01% |
209,032
-41,411
| -17% | -$1.2M |
|
3450
Surgery Partners
SGRY
$1.97B
| $5.58M | ﹤0.01% |
235,078
-134,479
| -36% | -$3.18M |
|
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.