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 | |
|---|---|---|---|---|---|---|
4301
CALL
ProShares Short Bitcoin Strategy ETF
BITI
$121M
| $3.59M | ﹤0.01% |
136,500
-176,100
| -56% | -$4.21M |
|
4302
CALL
Pilgrim's Pride
PPC
$6.64B
| $3.59M | ﹤0.01% |
65,800
-26,500
| -29% | -$1.33M |
|
4303
Atlanta Braves Holdings Series B
BATRK
$3.44B
| $3.58M | ﹤0.01% |
89,599
+52,503
| +142% | +$2.05M |
|
4304
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.62B
| $3.58M | ﹤0.01% |
+84,201
| New | +$3.61M |
|
4305
Western New England Bancorp
WNEB
$278M
| $3.57M | ﹤0.01% |
383,373
+99,150
| +35% | +$915K |
|
4306
Yelp
YELP
$1.34B
| $3.56M | ﹤0.01% |
96,263
-21,241
| -18% | -$799K |
|
4307
Crown Castle
CCI
$32.3B
| $3.56M | ﹤0.01% |
34,163
-271,819
| -89% | -$25.4M |
|
4308
PUT
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $3.56M | ﹤0.01% |
64,900
+22,900
| +55% | +$1.22M |
|
4309
PUT
Fiverr
FVRR
$324M
| $3.56M | ﹤0.01% |
150,300
-147,100
| -49% | -$4.28M |
|
4310
iShares Russell Mid-Cap Value ETF
IWS
$16.1B
| $3.56M | ﹤0.01% |
+28,252
| New | +$3.68M |
|
4311
Griffon
GFF
$4.72B
| $3.56M | ﹤0.01% |
49,765
+33,505
| +206% | +$2.47M |
|
4312
Viavi Solutions
VIAV
$10.7B
| $3.56M | ﹤0.01% |
317,956
+223,476
| +237% | +$2.49M |
|
4313
Fox Class B
FOX
$25.8B
| $3.56M | ﹤0.01% |
67,447
-6,811
| -9% | -$338K |
|
4314
PUT
Evercore
EVR
$11.8B
| $3.56M | ﹤0.01% |
17,800
+5,400
| +44% | +$1.35M |
|
|
HEES
4315
CALL
DELISTED
H&E Equipment Services
HEES
| $3.55M | ﹤0.01% |
37,500
+13,600
| +57% | +$1.18M |
|
|
VRNT
4316
CALL
DELISTED
Verint Systems
VRNT
| $3.55M | ﹤0.01% |
199,100
-161,500
| -45% | -$3.86M |
|
4317
JPMorgan Diversified Return International Equity ETF
JPIN
$375M
| $3.55M | ﹤0.01% |
62,161
-14,257
| -19% | -$801K |
|
4318
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$39.8M
| $3.55M | ﹤0.01% |
37,659
-13,453
| -26% | -$985K |
|
4319
National Vision
EYE
$1.53B
| $3.55M | ﹤0.01% |
277,833
+149,492
| +116% | +$1.77M |
|
4320
CALL
Target Hospitality
TH
$1.74B
| $3.55M | ﹤0.01% |
539,500
-186,500
| -26% | -$1.5M |
|
4321
Otis Worldwide
OTIS
$27.6B
| $3.55M | ﹤0.01% |
34,397
-182,279
| -84% | -$17.8M |
|
4322
CALL
Jack in the Box
JACK
$327M
| $3.55M | ﹤0.01% |
130,400
+32,200
| +33% | +$1.18M |
|
4323
CALL
Immunocore
IMCR
$1.76B
| $3.54M | ﹤0.01% |
119,400
+111,800
| +1,471% | +$3.35M |
|
4324
Pacira BioSciences
PCRX
$917M
| $3.54M | ﹤0.01% |
142,533
-43,887
| -24% | -$1.05M |
|
4325
PagSeguro Digital
PAGS
$2.4B
| $3.54M | ﹤0.01% |
464,191
+351,535
| +312% | +$2.62M |
|
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.