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 | |
|---|---|---|---|---|---|---|
|
BTC
4751
Grayscale Bitcoin Mini Trust ETF
BTC
$3.33B
| $2.86M | ﹤0.01% |
78,267
+54,263
| +226% | +$2.24M |
|
4752
Under Armour Class C
UA
$2.26B
| $2.86M | ﹤0.01% |
479,843
+71,012
| +17% | +$484K |
|
4753
Nicolet Bankshares
NIC
$3.75B
| $2.85M | ﹤0.01% |
26,181
+17,730
| +210% | +$1.99M |
|
4754
PUT
Omnicom Group
OMC
$24B
| $2.85M | ﹤0.01% |
34,400
-54,700
| -61% | -$4.57M |
|
4755
iShares US Regional Banks ETF
IAT
$693M
| $2.85M | ﹤0.01% |
61,132
+46,822
| +327% | +$2.35M |
|
4756
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $2.85M | ﹤0.01% |
65,183
-122,773
| -65% | -$5.26M |
|
4757
PUT
Jack Henry & Associates
JKHY
$10.9B
| $2.85M | ﹤0.01% |
15,600
+2,800
| +22% | +$489K |
|
4758
CALL
Globus Medical
GMED
$11.5B
| $2.85M | ﹤0.01% |
38,900
-78,400
| -67% | -$6.48M |
|
4759
TTM Technologies
TTMI
$14.7B
| $2.85M | ﹤0.01% |
138,823
+55,614
| +67% | +$1.34M |
|
4760
UFP Technologies
UFPT
$2.49B
| $2.85M | ﹤0.01% |
14,109
+10,728
| +317% | +$2.6M |
|
4761
AMC Global Media
AMCX
$510M
| $2.84M | ﹤0.01% |
413,369
+29,595
| +8% | +$248K |
|
4762
Pacer US Large Cap Cash Cows Growth Leaders ETF
COWG
$2.34B
| $2.84M | ﹤0.01% |
92,278
+38,900
| +73% | +$1.29M |
|
4763
PUT
Spectrum Brands
SPB
$2.07B
| $2.84M | ﹤0.01% |
39,700
+17,000
| +75% | +$1.33M |
|
4764
CALL
Eversource Energy
ES
$27.2B
| $2.84M | ﹤0.01% |
45,700
+28,600
| +167% | +$1.71M |
|
4765
DoubleLine Shiller CAPE US Equities ETF
CAPE
$245M
| $2.84M | ﹤0.01% |
93,371
+54,388
| +140% | +$1.67M |
|
4766
Martin Marietta Materials
MLM
$32.9B
| $2.84M | ﹤0.01% |
5,934
-22,974
| -79% | -$11.7M |
|
4767
CALL
GXO Logistics
GXO
$5.59B
| $2.84M | ﹤0.01% |
72,600
-80,200
| -52% | -$3.35M |
|
4768
PUT
Ibotta
IBTA
$783M
| $2.84M | ﹤0.01% |
67,200
+59,300
| +751% | +$3.47M |
|
4769
Privia Health
PRVA
$2.81B
| $2.84M | ﹤0.01% |
126,314
+38,298
| +44% | +$890K |
|
|
ARIS
4770
DELISTED
Aris Water Solutions
ARIS
| $2.83M | ﹤0.01% |
88,467
-8,268
| -9% | -$235K |
|
4771
The Greenbrier Companies
GBX
$1.41B
| $2.83M | ﹤0.01% |
55,284
+32,635
| +144% | +$1.95M |
|
4772
PUT
Children's Place
PLCE
$54.3M
| $2.83M | ﹤0.01% |
323,900
-51,500
| -14% | -$479K |
|
4773
CALL
Assured Guaranty
AGO
$3.38B
| $2.83M | ﹤0.01% |
32,100
-4,700
| -13% | -$421K |
|
4774
CALL
Schwab US Large-Cap Growth ETF
SCHG
$62.9B
| $2.83M | ﹤0.01% |
112,900
-82,300
| -42% | -$2.25M |
|
4775
Assurant
AIZ
$13.9B
| $2.83M | ﹤0.01% |
13,477
-117,294
| -90% | -$24.5M |
|
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.