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 | |
|---|---|---|---|---|---|---|
4976
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.18B
| $2.58M | ﹤0.01% |
34,739
+21,429
| +161% | +$1.61M |
|
4977
Globant
GLOB
$1.61B
| $2.57M | ﹤0.01% |
+21,866
| New | +$3.92M |
|
4978
First Commonwealth Financial
FCF
$2.18B
| $2.57M | ﹤0.01% |
165,586
+108,784
| +192% | +$1.77M |
|
|
HOLX
4979
DELISTED
Hologic
HOLX
| $2.57M | ﹤0.01% |
41,646
-395,018
| -90% | -$26.2M |
|
4980
City Holding Co
CHCO
$2.07B
| $2.57M | ﹤0.01% |
21,898
+14,776
| +207% | +$1.74M |
|
4981
CALL
Nano X Imaging
NNOX
$74.1M
| $2.57M | ﹤0.01% |
513,900
+269,600
| +110% | +$1.87M |
|
4982
iShares MSCI China A ETF
CNYA
$206M
| $2.57M | ﹤0.01% |
91,654
+77,895
| +566% | +$2.17M |
|
4983
ARS Pharmaceuticals
SPRY
$562M
| $2.57M | ﹤0.01% |
204,201
+32,816
| +19% | +$395K |
|
4984
Hawthorn Bancshares
HWBK
$275M
| $2.57M | ﹤0.01% |
90,918
+9,609
| +12% | +$295K |
|
4985
Kennametal
KMT
$2.38B
| $2.57M | ﹤0.01% |
120,463
+76,576
| +174% | +$1.74M |
|
4986
Kulicke & Soffa
KLIC
$5.19B
| $2.57M | ﹤0.01% |
77,794
+31,095
| +67% | +$1.28M |
|
4987
iShares US Financial Services ETF
IYG
$2.23B
| $2.56M | ﹤0.01% |
+32,598
| New | +$2.63M |
|
4988
Tennant Co
TNC
$1.17B
| $2.56M | ﹤0.01% |
32,098
+19,847
| +162% | +$1.68M |
|
4989
Ingles Markets
IMKTA
$1.65B
| $2.56M | ﹤0.01% |
39,301
-6,275
| -14% | -$401K |
|
4990
Schwab US Broad Market ETF
SCHB
$45.1B
| $2.56M | ﹤0.01% |
+118,874
| New | +$2.7M |
|
4991
CALL
Amplitude
AMPL
$1.63B
| $2.56M | ﹤0.01% |
251,100
+157,600
| +169% | +$1.86M |
|
4992
iShares Core 5-10 Year USD Bond ETF
IMTB
$275M
| $2.56M | ﹤0.01% |
+58,949
| New | +$2.52M |
|
4993
ProShares Ultra Bitcoin ETF
BITU
$335M
| $2.56M | ﹤0.01% |
76,780
+12,287
| +19% | +$570K |
|
4994
First Trust Consumer Staples AlphaDEX Fund
FXG
$233M
| $2.55M | ﹤0.01% |
39,055
-3,196
| -8% | -$205K |
|
4995
Lakeland Financial Corp
LKFN
$1.55B
| $2.55M | ﹤0.01% |
42,909
+29,331
| +216% | +$1.92M |
|
4996
Xylem
XYL
$27.9B
| $2.55M | ﹤0.01% |
21,347
-84,218
| -80% | -$10.4M |
|
4997
Mirum Pharmaceuticals
MIRM
$6.14B
| $2.55M | ﹤0.01% |
56,605
+30,861
| +120% | +$1.45M |
|
4998
AAR Corp
AIR
$5.85B
| $2.55M | ﹤0.01% |
45,521
+23,573
| +107% | +$1.57M |
|
4999
PUT
AnaptysBio
ANAB
$1.73B
| $2.55M | ﹤0.01% |
137,100
-216,200
| -61% | -$3.61M |
|
5000
MasterBrand
MBC
$1.86B
| $2.55M | ﹤0.01% |
195,150
+64,660
| +50% | +$983K |
|
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.