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 | |
|---|---|---|---|---|---|---|
4026
CALL
Cedar Fair
FUN
$1.68B
| $4.11M | ﹤0.01% |
115,200
-64,000
| -36% | -$2.72M |
|
4027
iShares MSCI France ETF
EWQ
$332M
| $4.11M | ﹤0.01% |
103,222
+13,742
| +15% | +$540K |
|
4028
PUT
Essex Property Trust
ESS
$18.5B
| $4.11M | ﹤0.01% |
13,400
+2,500
| +23% | +$730K |
|
4029
CALL
Sportradar
SRAD
$4.09B
| $4.11M | ﹤0.01% |
190,000
+101,500
| +115% | +$2.12M |
|
4030
PUT
WillScot Mobile Mini Holdings
WSC
$4.31B
| $4.11M | ﹤0.01% |
147,700
-313,900
| -68% | -$10.7M |
|
4031
LCI Industries
LCII
$2.58B
| $4.11M | ﹤0.01% |
46,963
+29,999
| +177% | +$3.01M |
|
4032
Pilgrim's Pride
PPC
$6.64B
| $4.1M | ﹤0.01% |
75,283
+63,536
| +541% | +$3.18M |
|
4033
Keurig Dr Pepper
KDP
$42.8B
| $4.1M | ﹤0.01% |
119,869
-407,562
| -77% | -$13.2M |
|
4034
CALL
iShares Russell 3000 ETF
IWV
$20.5B
| $4.1M | ﹤0.01% |
12,900
+1,100
| +9% | +$369K |
|
4035
CALL
Fastly Inc
FSLY
$4.77B
| $4.1M | ﹤0.01% |
647,300
-776,000
| -55% | -$6.48M |
|
4036
First Busey Corp
BUSE
$2.58B
| $4.1M | ﹤0.01% |
189,643
+148,060
| +356% | +$3.44M |
|
4037
PUT
Vanguard FTSE All-World ex-US ETF
VEU
$70.6B
| $4.09M | ﹤0.01% |
67,400
+63,600
| +1,674% | +$3.83M |
|
|
BLD
4038
CALL
DELISTED
TopBuild
BLD
| $4.09M | ﹤0.01% |
13,400
+6,100
| +84% | +$1.95M |
|
4039
CALL
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.3B
| $4.09M | ﹤0.01% |
16,700
+500
| +3% | +$130K |
|
4040
Rush Enterprises Class A
RUSHA
$9.6B
| $4.09M | ﹤0.01% |
76,492
+45,170
| +144% | +$2.59M |
|
4041
WisdomTree US LargeCap Dividend Fund
DLN
$6.45B
| $4.08M | ﹤0.01% |
51,448
+24,255
| +89% | +$1.94M |
|
4042
HighPeak Energy
HPK
$940M
| $4.08M | ﹤0.01% |
322,524
+29,887
| +10% | +$402K |
|
4043
PUT
Global X Copper Miners ETF NEW
COPX
$7.98B
| $4.08M | ﹤0.01% |
104,500
-11,600
| -10% | -$464K |
|
4044
Frontdoor
FTDR
$5.96B
| $4.08M | ﹤0.01% |
106,190
-64,800
| -38% | -$3.3M |
|
4045
CALL
Autoliv
ALV
$8.94B
| $4.08M | ﹤0.01% |
46,100
+9,200
| +25% | +$876K |
|
4046
PUT
Macerich
MAC
$7.01B
| $4.08M | ﹤0.01% |
237,400
-31,200
| -12% | -$597K |
|
4047
CALL
Dropbox
DBX
$7.48B
| $4.07M | ﹤0.01% |
152,500
-175,300
| -53% | -$5.1M |
|
4048
Otter Tail
OTTR
$3.9B
| $4.07M | ﹤0.01% |
50,671
+32,192
| +174% | +$2.55M |
|
4049
CALL
Zillow
ZG
$7.91B
| $4.07M | ﹤0.01% |
60,900
-78,800
| -56% | -$5.82M |
|
4050
GMO US Quality ETF
QLTY
$5.08B
| $4.06M | ﹤0.01% |
129,965
+99,839
| +331% | +$3.26M |
|
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.