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 | |
|---|---|---|---|---|---|---|
3501
PUT
Dropbox
DBX
$7.48B
| $5.43M | ﹤0.01% |
203,200
-4,200
| -2% | -$122K |
|
3502
CALL
CVR Partners
UAN
$1.31B
| $5.43M | ﹤0.01% |
72,200
-67,500
| -48% | -$5.27M |
|
3503
PUT
Casey's General Stores
CASY
$31.3B
| $5.43M | ﹤0.01% |
12,500
-11,800
| -49% | -$4.84M |
|
3504
Federal Signal
FSS
$7.68B
| $5.42M | ﹤0.01% |
73,732
+44,133
| +149% | +$3.94M |
|
|
OTLY
3505
CALL
Oatly Group
OTLY
$441M
| $5.42M | ﹤0.01% |
551,600
+548,835
| +19,849% | +$5.94M |
|
3506
Teck Resources
TECK
$31.2B
| $5.42M | ﹤0.01% |
148,806
-85,230
| -36% | -$3.54M |
|
3507
Steel Dynamics
STLD
$36.7B
| $5.42M | ﹤0.01% |
43,326
-65,551
| -60% | -$8.31M |
|
3508
Ardelyx
ARDX
$1.05B
| $5.42M | ﹤0.01% |
1,103,324
+116,881
| +12% | +$628K |
|
3509
Harley-Davidson
HOG
$2.89B
| $5.41M | ﹤0.01% |
214,452
+180,555
| +533% | +$4.83M |
|
3510
CALL
BorgWarner
BWA
$14B
| $5.41M | ﹤0.01% |
189,000
-2,900
| -2% | -$88K |
|
3511
ProShares VIX Short-Term Futures ETF
VIXY
$188M
| $5.41M | ﹤0.01% |
107,711
+53,278
| +98% | +$2.42M |
|
3512
CALL
Dave & Buster's
PLAY
$354M
| $5.41M | ﹤0.01% |
308,100
-100,200
| -25% | -$2.37M |
|
|
SII
3513
PUT
Sprott
SII
$3B
| $5.41M | ﹤0.01% |
120,600
+84,100
| +230% | +$3.62M |
|
3514
PUT
Hartford Financial Services
HIG
$37.8B
| $5.41M | ﹤0.01% |
43,700
+30,900
| +241% | +$3.54M |
|
3515
Sanmina
SANM
$11.3B
| $5.41M | ﹤0.01% |
70,974
+44,132
| +164% | +$3.58M |
|
3516
PTC Therapeutics
PTCT
$5.98B
| $5.41M | ﹤0.01% |
106,067
+4,398
| +4% | +$219K |
|
3517
CALL
Atlas Energy Solutions
AESI
$1.56B
| $5.4M | ﹤0.01% |
302,900
-213,600
| -41% | -$4.44M |
|
3518
Becton Dickinson
BDX
$50B
| $5.4M | ﹤0.01% |
23,584
-115,809
| -83% | -$26.9M |
|
3519
CALL
Northern Oil and Gas
NOG
$2.61B
| $5.4M | ﹤0.01% |
178,700
-38,100
| -18% | -$1.31M |
|
3520
Box
BOX
$4.52B
| $5.39M | ﹤0.01% |
174,819
+113,607
| +186% | +$3.68M |
|
3521
CALL
Lifestance Health
LFST
$4.75B
| $5.39M | ﹤0.01% |
809,000
-217,100
| -21% | -$1.65M |
|
3522
Franklin Electric
FELE
$4.68B
| $5.38M | ﹤0.01% |
57,342
+33,532
| +141% | +$3.34M |
|
|
TPC
3523
PUT
Tutor Perini Cor
TPC
$5.09B
| $5.38M | ﹤0.01% |
232,200
+100,500
| +76% | +$2.48M |
|
3524
CALL
Ionis Pharmaceuticals
IONS
$9.51B
| $5.38M | ﹤0.01% |
178,400
+39,300
| +28% | +$1.29M |
|
3525
New Fortress Energy
NFE
$92.6M
| $5.38M | ﹤0.01% |
647,489
+392,291
| +154% | +$4.83M |
|
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.