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 | |
|---|---|---|---|---|---|---|
4526
PUT
Manulife Financial
MFC
$73.8B
| $3.2M | ﹤0.01% |
102,800
+36,200
| +54% | +$1.09M |
|
4527
Vanguard Russell 2000 Value ETF
VTWV
$1.38B
| $3.2M | ﹤0.01% |
24,058
+8,628
| +56% | +$1.23M |
|
|
PVLA
4528
Palvella Therapeutics
PVLA
$2.25B
| $3.2M | ﹤0.01% |
+114,388
| New | +$2.2M |
|
4529
PUT
Fomento Económico Mexicano
FMX
$40.3B
| $3.2M | ﹤0.01% |
32,800
-2,300
| -7% | -$208K |
|
|
CIVI
4530
DELISTED
Civitas Resources
CIVI
| $3.2M | ﹤0.01% |
91,693
+33,896
| +59% | +$1.5M |
|
4531
Ares Capital
ARCC
$14.3B
| $3.2M | ﹤0.01% |
144,342
-19,601
| -12% | -$445K |
|
|
CALY
4532
Callaway Golf Company
CALY
$2.94B
| $3.2M | ﹤0.01% |
485,356
+375,853
| +343% | +$2.76M |
|
4533
Beyond Meat
BYND
$232M
| $3.2M | ﹤0.01% |
34,944
-1,077
| -3% | -$119K |
|
4534
CALL
Jack Henry & Associates
JKHY
$10.9B
| $3.2M | ﹤0.01% |
17,500
+14,400
| +465% | +$2.51M |
|
4535
Clearway Energy Class C
CWEN
$7.01B
| $3.19M | ﹤0.01% |
105,454
+53,092
| +101% | +$1.44M |
|
4536
PUT
Donaldson
DCI
$11.1B
| $3.19M | ﹤0.01% |
47,600
+29,800
| +167% | +$2.06M |
|
4537
Roblox
RBLX
$27.3B
| $3.18M | ﹤0.01% |
54,634
+33,874
| +163% | +$2.13M |
|
|
BERY
4538
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $3.18M | ﹤0.01% |
45,600
-22,200
| -33% | -$1.54M |
|
|
TEAD
4539
Teads Holding Co
TEAD
$66.8M
| $3.18M | ﹤0.01% |
853,330
-46,756
| -5% | -$264K |
|
4540
PUT
Penumbra
PEN
$12.9B
| $3.18M | ﹤0.01% |
11,900
-7,900
| -40% | -$2.14M |
|
4541
Lakeland Industries
LAKE
$117M
| $3.18M | ﹤0.01% |
156,537
+58,118
| +59% | +$1.34M |
|
4542
MaxLinear
MXL
$7.69B
| $3.18M | ﹤0.01% |
292,691
+48,324
| +20% | +$808K |
|
4543
Steris
STE
$22.7B
| $3.18M | ﹤0.01% |
14,020
-38,090
| -73% | -$8.38M |
|
4544
AGCO
AGCO
$7.1B
| $3.18M | ﹤0.01% |
34,325
+1,311
| +4% | +$128K |
|
|
BBBY
4545
CALL
Bed Bath & Beyond
BBBY
$415M
| $3.18M | ﹤0.01% |
602,250
+231,440
| +62% | +$1.4M |
|
4546
DTE Energy
DTE
$29.3B
| $3.17M | ﹤0.01% |
22,922
-68,960
| -75% | -$8.8M |
|
4547
PUT
International Seaways
INSW
$4.81B
| $3.17M | ﹤0.01% |
95,400
+48,000
| +101% | +$1.76M |
|
4548
PUT
Helen of Troy
HELE
$704M
| $3.17M | ﹤0.01% |
59,200
-11,600
| -16% | -$670K |
|
4549
Casey's General Stores
CASY
$31.3B
| $3.17M | ﹤0.01% |
7,295
-9,862
| -57% | -$4.04M |
|
|
HBI
4550
DELISTED
Hanesbrands
HBI
| $3.16M | ﹤0.01% |
548,481
+180,753
| +49% | +$1.27M |
|
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.