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 | |
|---|---|---|---|---|---|---|
3751
CALL
Brookfield Asset Management
BAM
$86.7B
| $4.74M | ﹤0.01% |
97,800
+38,200
| +64% | +$2.08M |
|
3752
Park Hotels & Resorts
PK
$3.05B
| $4.73M | ﹤0.01% |
443,255
+293,717
| +196% | +$3.72M |
|
3753
Independent Bank
INDB
$4.07B
| $4.73M | ﹤0.01% |
75,561
+48,396
| +178% | +$3.18M |
|
3754
United Microelectronic
UMC
$48B
| $4.73M | ﹤0.01% |
661,788
+395,239
| +148% | +$2.52M |
|
3755
BNY Mellon Core Bond ETF
BKAG
$2.23B
| $4.73M | ﹤0.01% |
112,306
+107,402
| +2,190% | +$4.47M |
|
3756
PUT
PBF Energy
PBF
$8.52B
| $4.73M | ﹤0.01% |
247,800
-128,900
| -34% | -$3.21M |
|
3757
CALL
FormFactor
FORM
$10.3B
| $4.73M | ﹤0.01% |
167,200
+66,000
| +65% | +$2.43M |
|
|
MSTZ
3758
T-Rex 2X Inverse MSTR Daily Target ETF
MSTZ
$103M
| $4.73M | ﹤0.01% |
337,050
+148,035
| +78% | +$2.6M |
|
3759
CALL
DigitalBridge
DBRG
$2.94B
| $4.73M | ﹤0.01% |
536,100
-441,500
| -45% | -$4.64M |
|
3760
CALL
iShares Core US Aggregate Bond ETF
AGG
$138B
| $4.73M | ﹤0.01% |
47,800
-25,900
| -35% | -$2.53M |
|
3761
Howard Hughes
HHH
$3.98B
| $4.72M | ﹤0.01% |
63,751
-54,988
| -46% | -$4.15M |
|
|
CRWV
3762
CoreWeave
CRWV
$58.1B
| $4.72M | ﹤0.01% |
+127,354
| New | +$4.91M |
|
3763
PUT
Hercules Capital
HTGC
$3.13B
| $4.72M | ﹤0.01% |
245,700
-79,800
| -25% | -$1.61M |
|
3764
Kadant
KAI
$3.95B
| $4.72M | ﹤0.01% |
13,998
-10,726
| -43% | -$3.9M |
|
3765
CALL
Dentsply Sirona
XRAY
$2.31B
| $4.71M | ﹤0.01% |
315,400
+2,800
| +0.9% | +$49.6K |
|
3766
CALL
Evergy
EVRG
$19.4B
| $4.71M | ﹤0.01% |
68,300
-34,800
| -34% | -$2.28M |
|
3767
Semtech
SMTC
$13.1B
| $4.71M | ﹤0.01% |
136,893
+104,492
| +322% | +$5.15M |
|
3768
CALL
Invitation Homes
INVH
$18B
| $4.7M | ﹤0.01% |
135,000
| – | – |
|
3769
CALL
Rhythm Pharmaceuticals
RYTM
$7.95B
| $4.7M | ﹤0.01% |
88,800
-26,500
| -23% | -$1.47M |
|
3770
Impinj
PI
$5.28B
| $4.7M | ﹤0.01% |
51,852
+33,514
| +183% | +$3.76M |
|
3771
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $4.7M | ﹤0.01% |
152,902
-435,474
| -74% | -$13.7M |
|
3772
PUT
iPath Series B S&P 500 VIX Mid-Term Futures ETN
VXZ
$30.5M
| $4.7M | ﹤0.01% |
85,200
+72,300
| +560% | +$3.77M |
|
|
NUVL
3773
CALL
DELISTED
Nuvalent
NUVL
| $4.69M | ﹤0.01% |
66,200
-147,900
| -69% | -$11.6M |
|
3774
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.92B
| $4.69M | ﹤0.01% |
27,042
+7,446
| +38% | +$1.43M |
|
|
QXO
3775
CALL
QXO Inc
QXO
$15.7B
| $4.69M | ﹤0.01% |
346,600
+155,000
| +81% | +$2.11M |
|
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.