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 | |
|---|---|---|---|---|---|---|
|
MZTI
4001
The Marzetti Company
MZTI
$3.18B
| $4.17M | ﹤0.01% |
23,801
+12,397
| +109% | +$2.24M |
|
4002
Atmos Energy
ATO
$28.7B
| $4.16M | ﹤0.01% |
26,932
-55,811
| -67% | -$8.14M |
|
4003
McCormick & Company Non-Voting
MKC
$14.7B
| $4.16M | ﹤0.01% |
50,568
-61,550
| -55% | -$4.82M |
|
4004
Boot Barn
BOOT
$4.95B
| $4.16M | ﹤0.01% |
38,716
+18,544
| +92% | +$2.48M |
|
4005
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.19B
| $4.16M | ﹤0.01% |
21,755
-9,052
| -29% | -$1.78M |
|
4006
Banner Corp
BANR
$2.52B
| $4.16M | ﹤0.01% |
65,161
+43,238
| +197% | +$2.91M |
|
|
LNW
4007
DELISTED
Light & Wonder
LNW
| $4.15M | ﹤0.01% |
47,972
+43,096
| +884% | +$4.15M |
|
4008
CALL
Teekay Tankers
TNK
$2.95B
| $4.15M | ﹤0.01% |
108,500
+103,400
| +2,027% | +$4.19M |
|
4009
PUT
Kratos Defense & Security Solutions
KTOS
$12.1B
| $4.15M | ﹤0.01% |
139,700
+25,000
| +22% | +$759K |
|
4010
Simply Good Foods
SMPL
$1B
| $4.14M | ﹤0.01% |
119,987
+80,784
| +206% | +$2.92M |
|
4011
Globe Life
GL
$14.1B
| $4.13M | ﹤0.01% |
31,367
-39,054
| -55% | -$4.78M |
|
4012
Ametek
AME
$58.4B
| $4.13M | ﹤0.01% |
24,001
-83,750
| -78% | -$15.2M |
|
4013
Nu Skin
NUS
$234M
| $4.13M | ﹤0.01% |
569,069
-133,058
| -19% | -$967K |
|
4014
BGC Group
BGC
$5.33B
| $4.13M | ﹤0.01% |
450,403
+243,358
| +118% | +$2.28M |
|
4015
Emergent Biosolutions
EBS
$235M
| $4.13M | ﹤0.01% |
849,373
-71,410
| -8% | -$591K |
|
4016
CALL
National Fuel Gas
NFG
$7.79B
| $4.13M | ﹤0.01% |
52,100
+18,200
| +54% | +$1.31M |
|
4017
C&F Financial
CFFI
$287M
| $4.13M | ﹤0.01% |
61,218
+22,107
| +57% | +$1.65M |
|
4018
PUT
Harmony Gold Mining
HMY
$12.1B
| $4.12M | ﹤0.01% |
279,200
+205,900
| +281% | +$2.3M |
|
4019
Keysight
KEYS
$61.1B
| $4.12M | ﹤0.01% |
27,531
-94,208
| -77% | -$15.6M |
|
|
PWOD
4020
DELISTED
Penns Woods Bancorp
PWOD
| $4.12M | ﹤0.01% |
147,720
+53,847
| +57% | +$1.61M |
|
4021
Amdocs
DOX
$6.18B
| $4.12M | ﹤0.01% |
45,039
-33,136
| -42% | -$2.89M |
|
4022
PUT
Allot
ALLT
$383M
| $4.11M | ﹤0.01% |
720,200
+556,100
| +339% | +$3.89M |
|
4023
PUT
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $4.11M | ﹤0.01% |
30,300
+7,700
| +34% | +$1.04M |
|
4024
CALL
Krystal Biotech
KRYS
$9.83B
| $4.11M | ﹤0.01% |
22,800
-99,700
| -81% | -$16.8M |
|
4025
Pinnacle West Capital
PNW
$12.3B
| $4.11M | ﹤0.01% |
43,154
-16,147
| -27% | -$1.44M |
|
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.