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 | |
|---|---|---|---|---|---|---|
4476
Genuine Parts
GPC
$18.6B
| $3.28M | ﹤0.01% |
27,567
-47,881
| -63% | -$5.76M |
|
4477
PUT
iShares Russell 1000 ETF
IWB
$50.4B
| $3.28M | ﹤0.01% |
10,700
-101,600
| -90% | -$32.9M |
|
4478
PUT
Levi Strauss
LEVI
$8.68B
| $3.28M | ﹤0.01% |
210,500
-10,200
| -5% | -$178K |
|
4479
State Street SPDR NYSE Technology ETF
XNTK
$2.26B
| $3.28M | ﹤0.01% |
17,103
+8,367
| +96% | +$1.74M |
|
|
HAPN
4480
CALL
Happen Inc
HAPN
$2.26B
| $3.28M | ﹤0.01% |
317,700
-431,600
| -58% | -$5.79M |
|
4481
LXP Industrial Trust
LXP
$3.57B
| $3.28M | ﹤0.01% |
75,800
+49,745
| +191% | +$2.13M |
|
4482
PTC
PTC
$16.2B
| $3.28M | ﹤0.01% |
21,153
-33,730
| -61% | -$5.8M |
|
|
RNAM
4483
PUT
DELISTED
Avidity Biosciences
RNAM
| $3.28M | ﹤0.01% |
111,000
+98,900
| +817% | +$3.08M |
|
|
ONT
4484
PUT
Onterris Inc
ONT
$619M
| $3.28M | ﹤0.01% |
229,700
+51,900
| +29% | +$988K |
|
4485
PUT
Mattel
MAT
$4.29B
| $3.27M | ﹤0.01% |
168,400
-63,100
| -27% | -$1.25M |
|
4486
ArcelorMittal
MT
$55.7B
| $3.27M | ﹤0.01% |
+113,392
| New | +$3.13M |
|
4487
CALL
Varonis Systems
VRNS
$5.17B
| $3.27M | ﹤0.01% |
80,800
-45,700
| -36% | -$1.97M |
|
4488
Cars.com
CARS
$663M
| $3.27M | ﹤0.01% |
289,724
+248,197
| +598% | +$3.77M |
|
|
KC
4489
CALL
Kingsoft Cloud Holdings
KC
$3.51B
| $3.26M | ﹤0.01% |
227,300
+57,500
| +34% | +$861K |
|
4490
PUT
Calix
CALX
$2.49B
| $3.26M | ﹤0.01% |
92,100
-417,100
| -82% | -$15.5M |
|
4491
CALL
RenaissanceRe
RNR
$13.4B
| $3.26M | ﹤0.01% |
13,600
+3,700
| +37% | +$895K |
|
|
SGI
4492
PUT
Somnigroup International
SGI
$13.9B
| $3.26M | ﹤0.01% |
54,400
-60,300
| -53% | -$3.65M |
|
|
MESO
4493
Mesoblast
MESO
$2.02B
| $3.26M | ﹤0.01% |
260,941
+106,962
| +69% | +$1.76M |
|
4494
CALL
VanEck High Yield Muni ETF
HYD
$4.4B
| $3.26M | ﹤0.01% |
63,600
+25,500
| +67% | +$1.32M |
|
4495
Trinity Industries
TRN
$2.36B
| $3.25M | ﹤0.01% |
115,941
+72,018
| +164% | +$2.41M |
|
4496
Expensify
EXFY
$210M
| $3.25M | ﹤0.01% |
1,069,716
+204,721
| +24% | +$711K |
|
4497
Innospec
IOSP
$2.31B
| $3.25M | ﹤0.01% |
34,303
+22,676
| +195% | +$2.4M |
|
4498
CALL
nVent Electric
NVT
$27.7B
| $3.25M | ﹤0.01% |
62,000
-33,200
| -35% | -$2.1M |
|
4499
PUT
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $3.25M | ﹤0.01% |
56,400
+10,900
| +24% | +$614K |
|
4500
Alignment Healthcare
ALHC
$2.9B
| $3.25M | ﹤0.01% |
174,494
+113,135
| +184% | +$1.69M |
|
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.