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 | |
|---|---|---|---|---|---|---|
4451
Wolverine World Wide
WWW
$1.73B
| $3.32M | ﹤0.01% |
238,708
+173,146
| +264% | +$3.16M |
|
4452
Douglas Emmett
DEI
$1.96B
| $3.32M | ﹤0.01% |
207,526
+66,857
| +48% | +$1.13M |
|
4453
PUT
ProShares UltraPro Short S&P 500
SPXU
$380M
| $3.32M | ﹤0.01% |
32,500
+14,375
| +79% | +$1.3M |
|
4454
LegalZoom.com
LZ
$963M
| $3.32M | ﹤0.01% |
385,307
-222,660
| -37% | -$1.99M |
|
4455
ARK Blockchain & Fintech Innovation ETF
ARKF
$771M
| $3.32M | ﹤0.01% |
99,671
+13,278
| +15% | +$512K |
|
4456
FerroAtlántica
GSM
$820M
| $3.31M | ﹤0.01% |
892,838
+879,560
| +6,624% | +$3.39M |
|
4457
L3Harris
LHX
$54.3B
| $3.31M | ﹤0.01% |
15,812
-67,169
| -81% | -$14.1M |
|
4458
Park National Corp
PRK
$3.75B
| $3.31M | ﹤0.01% |
21,857
+13,928
| +176% | +$2.29M |
|
4459
Factset
FDS
$10.1B
| $3.31M | ﹤0.01% |
7,276
-67,283
| -90% | -$30.6M |
|
|
NNDM
4460
Nano Dimension
NNDM
$344M
| $3.31M | ﹤0.01% |
2,080,203
+776,021
| +60% | +$1.76M |
|
|
AKRO
4461
CALL
DELISTED
Akero Therapeutics
AKRO
| $3.31M | ﹤0.01% |
81,700
-94,400
| -54% | -$4M |
|
4462
eHealth
EHTH
$39.1M
| $3.3M | ﹤0.01% |
494,674
+263,538
| +114% | +$2.4M |
|
4463
PUT
Chemours
CC
$2.39B
| $3.3M | ﹤0.01% |
244,200
+132,000
| +118% | +$2.19M |
|
4464
CALL
Cheesecake Factory
CAKE
$5.64B
| $3.3M | ﹤0.01% |
67,900
+16,100
| +31% | +$824K |
|
4465
Cushman & Wakefield Ltd
CWK
$3.38B
| $3.3M | ﹤0.01% |
323,039
+178,344
| +123% | +$2.17M |
|
4466
Banco Santander
SAN
$210B
| $3.3M | ﹤0.01% |
492,734
+110,735
| +29% | +$648K |
|
4467
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $3.3M | ﹤0.01% |
53,435
-78,645
| -60% | -$5.31M |
|
4468
PUT
iShares S&P 500 Value ETF
IVE
$50.3B
| $3.3M | ﹤0.01% |
17,300
-8,600
| -33% | -$1.66M |
|
|
NBSD
4469
Neuberger Short Duration Income ETF
NBSD
$1.23B
| $3.29M | ﹤0.01% |
64,631
-27,097
| -30% | -$1.38M |
|
4470
PUT
RingCentral
RNG
$5.39B
| $3.29M | ﹤0.01% |
133,000
+26,600
| +25% | +$830K |
|
4471
Twist Bioscience
TWST
$7.44B
| $3.29M | ﹤0.01% |
83,865
+41,422
| +98% | +$1.87M |
|
4472
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
| $3.29M | ﹤0.01% |
30,279
-1,018,647
| -97% | -$110M |
|
4473
CALL
Energy Fuels
UUUU
$3.77B
| $3.29M | ﹤0.01% |
881,500
-90,600
| -9% | -$434K |
|
4474
CALL
Defiance Quantum ETF
QTUM
$5.84B
| $3.29M | ﹤0.01% |
44,100
+15,100
| +52% | +$1.22M |
|
4475
Patrick Industries
PATK
$2.76B
| $3.29M | ﹤0.01% |
38,849
+11,723
| +43% | +$1.05M |
|
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.