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 | |
|---|---|---|---|---|---|---|
4576
Universal Technical Institute
UTI
$1.39B
| $3.11M | ﹤0.01% |
121,249
+73,336
| +153% | +$1.98M |
|
4577
Sonos
SONO
$1.93B
| $3.11M | ﹤0.01% |
291,716
+148,197
| +103% | +$1.95M |
|
4578
PUT
MACOM Technology Solutions
MTSI
$24.2B
| $3.11M | ﹤0.01% |
31,000
+26,300
| +560% | +$3.2M |
|
4579
Ingredion
INGR
$6.63B
| $3.11M | ﹤0.01% |
23,010
+9,243
| +67% | +$1.22M |
|
4580
Vericel Corp
VCEL
$2.26B
| $3.11M | ﹤0.01% |
69,652
+44,507
| +177% | +$2.39M |
|
4581
Arrow Electronics
ARW
$10.9B
| $3.11M | ﹤0.01% |
29,930
+7,869
| +36% | +$868K |
|
4582
Acadia Realty Trust
AKR
$2.86B
| $3.11M | ﹤0.01% |
148,250
+96,128
| +184% | +$2.18M |
|
4583
CALL
Masco
MAS
$14.7B
| $3.1M | ﹤0.01% |
44,600
-6,400
| -13% | -$479K |
|
4584
Strategic Education
STRA
$1.83B
| $3.1M | ﹤0.01% |
36,938
+24,410
| +195% | +$2.24M |
|
4585
Principal Financial Group
PFG
$24.4B
| $3.1M | ﹤0.01% |
36,716
-133,250
| -78% | -$11.1M |
|
4586
CVR Partners
UAN
$1.31B
| $3.09M | ﹤0.01% |
41,123
+26,634
| +184% | +$2.08M |
|
4587
CALL
Morningstar
MORN
$7.78B
| $3.09M | ﹤0.01% |
10,300
-1,400
| -12% | -$441K |
|
4588
CALL
United States Copper Index Fund
CPER
$774M
| $3.08M | ﹤0.01% |
97,600
+89,000
| +1,035% | +$2.56M |
|
4589
Progress Software
PRGS
$1.79B
| $3.08M | ﹤0.01% |
59,854
+32,979
| +123% | +$1.89M |
|
4590
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.11B
| $3.08M | ﹤0.01% |
+54,597
| New | +$3.24M |
|
4591
PUT
Federal Realty Investment Trust
FRT
$10.3B
| $3.08M | ﹤0.01% |
31,500
+11,900
| +61% | +$1.24M |
|
|
4592
Masco
MAS
$14.7B
| $3.08M | ﹤0.01% |
44,303
-78,436
| -64% | -$5.87M |
|
4593
UGI
UGI
$7.59B
| $3.08M | ﹤0.01% |
93,123
+40,762
| +78% | +$1.29M |
|
|
LINE
4594
CALL
Lineage Inc
LINE
$9.51B
| $3.08M | ﹤0.01% |
52,500
+19,900
| +61% | +$1.16M |
|
4595
PUT
ASP Isotopes
ASPI
$538M
| $3.08M | ﹤0.01% |
655,900
+132,700
| +25% | +$662K |
|
|
TSSI
4596
TSS Inc
TSSI
$273M
| $3.07M | ﹤0.01% |
391,412
+358,216
| +1,079% | +$4.26M |
|
4597
First Trust Health Care AlphaDEX Fund
FXH
$1.11B
| $3.07M | ﹤0.01% |
29,600
+3,576
| +14% | +$383K |
|
|
VBTX
4598
CALL
DELISTED
Veritex Holdings
VBTX
| $3.07M | ﹤0.01% |
+122,800
| New | +$3.16M |
|
4599
Barnes & Noble Education
BNED
$421M
| $3.07M | ﹤0.01% |
292,007
+278,202
| +2,015% | +$2.87M |
|
4600
WisdomTree Global High Dividend Fund
DEW
$157M
| $3.06M | ﹤0.01% |
54,588
+14,272
| +35% | +$779K |
|
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.