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 | |
|---|---|---|---|---|---|---|
|
ONT
4251
CALL
Onterris Inc
ONT
$619M
| $3.67M | ﹤0.01% |
257,700
+159,300
| +162% | +$3.03M |
|
4252
CALL
Service Corp International
SCI
$11.5B
| $3.67M | ﹤0.01% |
45,800
-8,800
| -16% | -$692K |
|
4253
Dorman Products
DORM
$4.05B
| $3.67M | ﹤0.01% |
30,407
+19,185
| +171% | +$2.45M |
|
4254
FT Vest Fund of Buffer ETFs
BUFR
$10.4B
| $3.66M | ﹤0.01% |
123,427
+116,780
| +1,757% | +$3.57M |
|
4255
Amneal Pharmaceuticals
AMRX
$6.32B
| $3.66M | ﹤0.01% |
436,797
+274,488
| +169% | +$2.29M |
|
4256
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.78B
| $3.66M | ﹤0.01% |
72,870
+23,556
| +48% | +$1.18M |
|
4257
CALL
Compass
COMP
$9.99B
| $3.66M | ﹤0.01% |
419,200
-134,600
| -24% | -$1.07M |
|
4258
OFG Bancorp
OFG
$2.28B
| $3.66M | ﹤0.01% |
91,442
+62,532
| +216% | +$2.62M |
|
4259
Kroger
KR
$34.7B
| $3.66M | ﹤0.01% |
54,049
-223,867
| -81% | -$14.2M |
|
|
UNIT
4260
CALL
Uniti Group
UNIT
$2.43B
| $3.66M | ﹤0.01% |
725,200
-173,400
| -19% | -$936K |
|
4261
PUT
Immunovant
IMVT
$8.64B
| $3.65M | ﹤0.01% |
213,800
+55,400
| +35% | +$1.16M |
|
4262
CALL
Applied Industrial Technologies
AIT
$13.3B
| $3.65M | ﹤0.01% |
16,200
+1,600
| +11% | +$394K |
|
4263
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$43.8M
| $3.65M | ﹤0.01% |
141,309
+117,406
| +491% | +$2.96M |
|
4264
Caleres
CAL
$449M
| $3.65M | ﹤0.01% |
211,647
+88,354
| +72% | +$1.59M |
|
4265
PUT
Clover Health Investments
CLOV
$2.44B
| $3.65M | ﹤0.01% |
1,015,500
-402,000
| -28% | -$1.61M |
|
4266
CALL
Pitney Bowes
PBI
$2.25B
| $3.64M | ﹤0.01% |
402,700
-834,200
| -67% | -$7.56M |
|
|
TTAN
4267
PUT
ServiceTitan Inc
TTAN
$8.62B
| $3.64M | ﹤0.01% |
+38,300
| New | +$3.72M |
|
4268
ABM Industries
ABM
$2.82B
| $3.64M | ﹤0.01% |
76,900
+49,668
| +182% | +$2.55M |
|
4269
First Trust Multi Cap Value AlphaDEX Fund
FAB
$178M
| $3.64M | ﹤0.01% |
45,788
+29,717
| +185% | +$2.44M |
|
4270
CALL
Webster Financial
WBS
$12.8B
| $3.64M | ﹤0.01% |
70,600
-32,700
| -32% | -$1.82M |
|
4271
Globalstar
GSAT
$10.7B
| $3.64M | ﹤0.01% |
174,396
+149,467
| +600% | +$3.62M |
|
4272
Mercury Insurance
MCY
$5.84B
| $3.64M | ﹤0.01% |
65,062
+48,862
| +302% | +$2.63M |
|
4273
CALL
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $3.64M | ﹤0.01% |
127,400
-159,500
| -56% | -$4.64M |
|
4274
CALL
Axos Financial
AX
$5.8B
| $3.63M | ﹤0.01% |
56,300
-102,800
| -65% | -$6.97M |
|
4275
PUT
TAL Education Group
TAL
$6.46B
| $3.63M | ﹤0.01% |
274,900
-350,500
| -56% | -$4.37M |
|
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.