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 | |
|---|---|---|---|---|---|---|
4651
CALL
Porch Group
PRCH
$1.97B
| $3M | ﹤0.01% |
411,100
+219,900
| +115% | +$1.19M |
|
4652
CALL
ITT
ITT
$19.6B
| $3M | ﹤0.01% |
23,200
-28,400
| -55% | -$4.04M |
|
4653
CALL
Teucrium Corn Fund
CORN
$171M
| $3M | ﹤0.01% |
+161,400
| New | +$3.13M |
|
4654
CALL
Janux Therapeutics
JANX
$986M
| $2.99M | ﹤0.01% |
110,800
+2,300
| +2% | +$86.7K |
|
|
WCC
4655
WESCO International
WCC
$17.6B
| $2.99M | ﹤0.01% |
19,256
-26,248
| -58% | -$4.7M |
|
4656
CALL
Northern Trust
NTRS
$35B
| $2.99M | ﹤0.01% |
30,300
-26,800
| -47% | -$2.84M |
|
4657
Vanguard Total World Stock ETF
VT
$81.8B
| $2.99M | ﹤0.01% |
25,771
-1,189,446
| -98% | -$142M |
|
4658
CALL
Full Truck Alliance
YMM
$9.14B
| $2.99M | ﹤0.01% |
233,900
-789,500
| -77% | -$9.51M |
|
4659
First National Corp
FXNC
$288M
| $2.99M | ﹤0.01% |
133,009
+99,901
| +302% | +$2.39M |
|
4660
CALL
Carter's
CRI
$1.42B
| $2.99M | ﹤0.01% |
73,000
+50,700
| +227% | +$2.44M |
|
4661
Agilysys
AGYS
$3.22B
| $2.98M | ﹤0.01% |
41,143
+30,730
| +295% | +$2.81M |
|
4662
Urban Edge Properties
UE
$2.76B
| $2.98M | ﹤0.01% |
156,891
+100,199
| +177% | +$2M |
|
4663
Goldman Sachs ETF Trust Goldman Sachs Nasdaq-100 Premium Income ETF
GPIQ
$5.4B
| $2.98M | ﹤0.01% |
66,776
+60,734
| +1,005% | +$2.92M |
|
4664
HEICO Corp
HEI
$52.4B
| $2.98M | ﹤0.01% |
11,144
-25,047
| -69% | -$6.1M |
|
4665
Geron
GERN
$943M
| $2.98M | ﹤0.01% |
1,872,500
+1,084,833
| +138% | +$2.64M |
|
4666
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
XTWO
$210M
| $2.98M | ﹤0.01% |
60,178
+54,798
| +1,019% | +$2.7M |
|
4667
BioCryst Pharmaceuticals
BCRX
$2.49B
| $2.98M | ﹤0.01% |
396,862
+171,162
| +76% | +$1.38M |
|
4668
CALL
Polaris
PII
$3.95B
| $2.98M | ﹤0.01% |
72,700
+53,900
| +287% | +$2.57M |
|
4669
Zebra Technologies
ZBRA
$17.8B
| $2.97M | ﹤0.01% |
10,524
-10,876
| -51% | -$3.72M |
|
4670
CALL
Piper Sandler
PIPR
$5.41B
| $2.97M | ﹤0.01% |
48,000
-32,400
| -40% | -$2.32M |
|
4671
CALL
H&R Block
HRB
$6.83B
| $2.97M | ﹤0.01% |
54,100
-88,600
| -62% | -$4.74M |
|
4672
Invesco NASDAQ 100 ETF
QQQM
$104B
| $2.97M | ﹤0.01% |
15,388
-10,427
| -40% | -$2.18M |
|
4673
CALL
ManpowerGroup
MAN
$2.71B
| $2.97M | ﹤0.01% |
51,300
+34,700
| +209% | +$2.02M |
|
4674
Penske Automotive Group
PAG
$14.4B
| $2.97M | ﹤0.01% |
20,622
+7,303
| +55% | +$1.17M |
|
4675
CALL
FS KKR Capital
FSK
$3.42B
| $2.97M | ﹤0.01% |
141,700
-158,500
| -53% | -$3.54M |
|
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.