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 | |
|---|---|---|---|---|---|---|
3776
Advanced Energy
AEIS
$13.2B
| $4.68M | ﹤0.01% |
49,154
+32,944
| +203% | +$3.76M |
|
3777
Innodata
INOD
$2.09B
| $4.68M | ﹤0.01% |
130,472
+99,075
| +316% | +$4.35M |
|
3778
PUT
Brookfield Renewable
BEP
$10.4B
| $4.68M | ﹤0.01% |
211,300
-50,400
| -19% | -$1.13M |
|
3779
Chesapeake Utilities
CPK
$3.26B
| $4.68M | ﹤0.01% |
36,453
+26,661
| +272% | +$3.31M |
|
3780
Ball Corp
BALL
$16.4B
| $4.67M | ﹤0.01% |
89,675
-84,802
| -49% | -$4.45M |
|
3781
PUT
Axcelis
ACLS
$4.33B
| $4.66M | ﹤0.01% |
93,900
-25,500
| -21% | -$1.61M |
|
3782
ICU Medical
ICUI
$4.58B
| $4.66M | ﹤0.01% |
33,525
+23,922
| +249% | +$3.71M |
|
3783
PUT
Revolution Medicines
RVMD
$43.7B
| $4.65M | ﹤0.01% |
131,600
-87,600
| -40% | -$3.56M |
|
3784
CALL
First Horizon
FHN
$12.4B
| $4.65M | ﹤0.01% |
239,500
-87,800
| -27% | -$1.81M |
|
3785
American Eagle Outfitters
AEO
$2.71B
| $4.65M | ﹤0.01% |
400,162
+119,200
| +42% | +$1.7M |
|
3786
PUT
Euronet Worldwide
EEFT
$2.74B
| $4.65M | ﹤0.01% |
43,500
+25,400
| +140% | +$2.58M |
|
3787
Veralto
VLTO
$23.8B
| $4.65M | ﹤0.01% |
47,680
-48,527
| -50% | -$4.84M |
|
3788
PUT
Direxion Daily NVDA Bull 2X ETF
NVDU
$636M
| $4.63M | ﹤0.01% |
88,100
+78,300
| +799% | +$6.09M |
|
|
PCH
3789
DELISTED
PotlatchDeltic
PCH
| $4.63M | ﹤0.01% |
102,652
+62,533
| +156% | +$2.75M |
|
3790
Crinetics Pharmaceuticals
CRNX
$8.99B
| $4.63M | ﹤0.01% |
138,035
+87,784
| +175% | +$3.28M |
|
3791
CoreCivic
CXW
$3.25B
| $4.63M | ﹤0.01% |
228,053
+41,049
| +22% | +$826K |
|
3792
American States Water
AWR
$3.53B
| $4.63M | ﹤0.01% |
58,792
+41,131
| +233% | +$3.1M |
|
3793
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.48B
| $4.62M | ﹤0.01% |
37,123
+8,772
| +31% | +$1.17M |
|
3794
CALL
Choice Hotels
CHH
$4.7B
| $4.62M | ﹤0.01% |
34,800
+6,900
| +25% | +$984K |
|
3795
PUT
Public Service Enterprise Group
PEG
$37.9B
| $4.62M | ﹤0.01% |
56,100
+18,100
| +48% | +$1.51M |
|
3796
CALL
iPath Series B S&P 500 VIX Mid-Term Futures ETN
VXZ
$30.5M
| $4.62M | ﹤0.01% |
83,700
+54,200
| +184% | +$2.83M |
|
3797
Plexus
PLXS
$7.13B
| $4.61M | ﹤0.01% |
36,011
+17,192
| +91% | +$2.42M |
|
3798
PUT
Entegris
ENTG
$24.7B
| $4.61M | ﹤0.01% |
52,700
-11,700
| -18% | -$1.18M |
|
3799
CALL
Eastman Chemical
EMN
$8.47B
| $4.61M | ﹤0.01% |
52,300
-58,300
| -53% | -$5.5M |
|
3800
CALL
MakeMyTrip
MMYT
$5.68B
| $4.61M | ﹤0.01% |
47,000
-19,400
| -29% | -$2M |
|
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.