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 | |
|---|---|---|---|---|---|---|
4776
CALL
Arvinas
ARVN
$587M
| $2.82M | ﹤0.01% |
402,400
+391,100
| +3,461% | +$6.13M |
|
4777
Cadeler
CDLR
$2.22B
| $2.82M | ﹤0.01% |
143,679
-9,004
| -6% | -$181K |
|
4778
CALL
LCI Industries
LCII
$2.58B
| $2.82M | ﹤0.01% |
32,300
+23,200
| +255% | +$2.33M |
|
|
PRMB
4779
PUT
Primo Brands
PRMB
$8.94B
| $2.82M | ﹤0.01% |
79,500
+60,000
| +308% | +$1.96M |
|
4780
PUT
Post Holdings
POST
$3.67B
| $2.82M | ﹤0.01% |
24,200
-28,300
| -54% | -$3.14M |
|
4781
Invesco
IVZ
$14.4B
| $2.81M | ﹤0.01% |
185,528
-81,631
| -31% | -$1.39M |
|
4782
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.27B
| $2.81M | ﹤0.01% |
13,678
-6,125
| -31% | -$1.33M |
|
|
MOMO
4783
Hello Group
MOMO
$850M
| $2.81M | ﹤0.01% |
445,890
+248,569
| +126% | +$1.8M |
|
4784
CALL
RingCentral
RNG
$5.39B
| $2.81M | ﹤0.01% |
113,500
-68,900
| -38% | -$2.15M |
|
4785
PUT
XPO
XPO
$24.7B
| $2.81M | ﹤0.01% |
26,100
-116,800
| -82% | -$14.8M |
|
4786
CALL
Direxion Daily TSLA Bear 1X ETF
TSLS
$73.4M
| $2.81M | ﹤0.01% |
25,080
+21,860
| +679% | +$2.12M |
|
4787
Aramark
ARMK
$16.4B
| $2.81M | ﹤0.01% |
81,272
+12,479
| +18% | +$460K |
|
4788
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
$410M
| $2.8M | ﹤0.01% |
40,949
+26,339
| +180% | +$1.77M |
|
4789
PUT
Concentrix
CNXC
$1.49B
| $2.8M | ﹤0.01% |
50,400
+8,800
| +21% | +$421K |
|
4790
Neuronetics
STIM
$230M
| $2.8M | ﹤0.01% |
+761,911
| New | +$2.78M |
|
4791
VanEck Agribusiness ETF
MOO
$976M
| $2.8M | ﹤0.01% |
41,294
-26,238
| -39% | -$1.78M |
|
4792
Outfront Media
OUT
$5.33B
| $2.8M | ﹤0.01% |
173,690
+99,817
| +135% | +$1.78M |
|
4793
PUT
Dycom Industries
DY
$12.6B
| $2.8M | ﹤0.01% |
18,400
-16,000
| -47% | -$2.76M |
|
|
PLTD
4794
Direxion Dailly PLTR Bear 1X ETF
PLTD
$32.7M
| $2.8M | ﹤0.01% |
+161,841
| New | +$3.05M |
|
4795
CALL
Shoals Technologies Group
SHLS
$1.42B
| $2.8M | ﹤0.01% |
843,300
+339,900
| +68% | +$1.41M |
|
4796
PUT
Sixth Street Specialty
TSLX
$1.78B
| $2.8M | ﹤0.01% |
125,000
+80,000
| +178% | +$1.78M |
|
4797
Green Brick Partners
GRBK
$3.03B
| $2.8M | ﹤0.01% |
47,975
+14,230
| +42% | +$841K |
|
4798
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| $2.8M | ﹤0.01% |
51,800
+31,500
| +155% | +$1.7M |
|
4799
Quanta Services
PWR
$103B
| $2.79M | ﹤0.01% |
10,994
-45,712
| -81% | -$13.2M |
|
4800
Blue Owl Capital
OWL
$19.1B
| $2.79M | ﹤0.01% |
139,227
-86,885
| -38% | -$1.95M |
|
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.