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 | |
|---|---|---|---|---|---|---|
4626
CALL
Allison Transmission
ALSN
$10.4B
| $3.03M | ﹤0.01% |
31,700
-15,100
| -32% | -$1.6M |
|
4627
PUT
Remitly
RELY
$5.54B
| $3.03M | ﹤0.01% |
145,500
+121,700
| +511% | +$2.79M |
|
|
VRN
4628
DELISTED
Veren
VRN
| $3.03M | ﹤0.01% |
457,149
-477,943
| -51% | -$2.64M |
|
4629
CALL
Century Communities
CCS
$2.01B
| $3.03M | ﹤0.01% |
45,100
+39,000
| +639% | +$2.82M |
|
4630
HNI Corp
HNI
$3.53B
| $3.03M | ﹤0.01% |
68,222
+46,115
| +209% | +$2.18M |
|
4631
YieldMax TSLA Option Income Strategy ETF
TSLY
$674M
| $3.03M | ﹤0.01% |
73,437
+61,328
| +506% | +$3.43M |
|
4632
Corvus Pharmaceuticals
CRVS
$1.25B
| $3.03M | ﹤0.01% |
951,343
-63,740
| -6% | -$300K |
|
4633
Crescent Energy
CRGY
$4.03B
| $3.02M | ﹤0.01% |
269,128
+92,890
| +53% | +$1.28M |
|
|
TSSI
4634
CALL
TSS Inc
TSSI
$273M
| $3.02M | ﹤0.01% |
385,300
+130,400
| +51% | +$1.55M |
|
4635
PUT
Middleby
MIDD
$5.33B
| $3.02M | ﹤0.01% |
19,900
+900
| +5% | +$141K |
|
|
VRNT
4636
DELISTED
Verint Systems
VRNT
| $3.02M | ﹤0.01% |
169,385
-85,678
| -34% | -$2.05M |
|
4637
CALL
KBR
KBR
$4.84B
| $3.02M | ﹤0.01% |
60,700
-143,200
| -70% | -$7.64M |
|
4638
Avantis US Small Cap Equity ETF
AVSC
$3.19B
| $3.02M | ﹤0.01% |
+62,420
| New | +$3.3M |
|
4639
Simplify Enhanced Income ETF
HIGH
$66.9M
| $3.02M | ﹤0.01% |
137,685
+81,926
| +147% | +$1.87M |
|
4640
CALL
Banco Santander
SAN
$210B
| $3.02M | ﹤0.01% |
450,200
+437,800
| +3,531% | +$2.56M |
|
4641
CALL
WEX
WEX
$6.54B
| $3.01M | ﹤0.01% |
19,200
+2,700
| +16% | +$445K |
|
4642
Ambarella
AMBA
$3.6B
| $3.01M | ﹤0.01% |
59,835
+42,084
| +237% | +$2.88M |
|
4643
YieldMax MSTR Option Income Strategy ETF
MSTY
$723M
| $3.01M | ﹤0.01% |
29,620
-12,589
| -30% | -$1.56M |
|
|
MESO
4644
PUT
Mesoblast
MESO
$2.02B
| $3.01M | ﹤0.01% |
240,800
+92,200
| +62% | +$1.52M |
|
4645
First Community Corp
FCCO
$323M
| $3M | ﹤0.01% |
133,182
+41,449
| +45% | +$1.01M |
|
4646
Intuitive Machines
LUNR
$3.05B
| $3M | ﹤0.01% |
403,300
-226,936
| -36% | -$3.57M |
|
|
PTVE
4647
CALL
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $3M | ﹤0.01% |
166,800
+143,400
| +613% | +$2.55M |
|
4648
Jazz Pharmaceuticals
JAZZ
$15.9B
| $3M | ﹤0.01% |
24,192
+12,518
| +107% | +$1.63M |
|
4649
Jack in the Box
JACK
$327M
| $3M | ﹤0.01% |
110,382
-18,209
| -14% | -$670K |
|
4650
PUT
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.74B
| $3M | ﹤0.01% |
39,500
+7,500
| +23% | +$566K |
|
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.