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 | |
|---|---|---|---|---|---|---|
5276
PUT
Upwork
UPWK
$1.06B
| $2.24M | ﹤0.01% |
171,400
+106,600
| +165% | +$1.62M |
|
5277
CALL
Champion Homes
SKY
$5.13B
| $2.24M | ﹤0.01% |
23,600
-1,800
| -7% | -$173K |
|
5278
CALL
Cognex
CGNX
$11B
| $2.23M | ﹤0.01% |
+74,900
| New | +$2.64M |
|
5279
Leidos
LDOS
$18B
| $2.23M | ﹤0.01% |
16,549
-109,563
| -87% | -$15.3M |
|
5280
Sensata Technologies
ST
$6.73B
| $2.23M | ﹤0.01% |
91,978
+16,489
| +22% | +$457K |
|
5281
St. Joe Company
JOE
$3.89B
| $2.23M | ﹤0.01% |
47,542
+31,312
| +193% | +$1.47M |
|
5282
CALL
ARK Blockchain & Fintech Innovation ETF
ARKF
$771M
| $2.23M | ﹤0.01% |
67,100
-142,400
| -68% | -$5.49M |
|
5283
CALL
Goosehead Insurance
GSHD
$2.35B
| $2.23M | ﹤0.01% |
18,900
-57,400
| -75% | -$6.44M |
|
5284
CALL
Direxion Daily Real Estate Bull 3X ETF
DRN
$45.4M
| $2.23M | ﹤0.01% |
216,200
+173,700
| +409% | +$1.79M |
|
5285
Erie Indemnity
ERIE
$13.4B
| $2.23M | ﹤0.01% |
5,320
-69,923
| -93% | -$28.5M |
|
|
QXO
5286
PUT
QXO Inc
QXO
$15.7B
| $2.23M | ﹤0.01% |
164,600
-45,100
| -22% | -$613K |
|
5287
US Global Jets ETF
JETS
$824M
| $2.23M | ﹤0.01% |
107,243
-527,376
| -83% | -$12.9M |
|
5288
iShares MSCI Ireland ETF
EIRL
$78.8M
| $2.23M | ﹤0.01% |
37,673
+30,342
| +414% | +$1.82M |
|
|
NNDM
5289
PUT
Nano Dimension
NNDM
$344M
| $2.22M | ﹤0.01% |
1,399,000
+1,324,500
| +1,778% | +$3M |
|
5290
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$636M
| $2.22M | ﹤0.01% |
77,679
+27,104
| +54% | +$872K |
|
5291
Alamo Group
ALG
$2.01B
| $2.22M | ﹤0.01% |
12,473
+5,965
| +92% | +$1.1M |
|
5292
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.92B
| $2.22M | ﹤0.01% |
+58,634
| New | +$2.4M |
|
5293
CALL
BOK Financial
BOKF
$8.88B
| $2.22M | ﹤0.01% |
21,300
+5,700
| +37% | +$612K |
|
5294
Par Pacific Holdings
PARR
$4.02B
| $2.22M | ﹤0.01% |
155,560
+93,543
| +151% | +$1.47M |
|
5295
Playtika
PLTK
$957M
| $2.21M | ﹤0.01% |
428,104
+400,032
| +1,425% | +$2.51M |
|
|
FSFG
5296
DELISTED
First Savings Financial Group
FSFG
| $2.21M | ﹤0.01% |
85,846
+14,229
| +20% | +$357K |
|
5297
CALL
United Natural Foods
UNFI
$2.93B
| $2.21M | ﹤0.01% |
80,700
-29,500
| -27% | -$855K |
|
5298
Travere Therapeutics
TVTX
$5.86B
| $2.21M | ﹤0.01% |
123,260
+17,215
| +16% | +$349K |
|
|
OS
5299
CALL
DELISTED
OneStream Inc
OS
| $2.21M | ﹤0.01% |
103,500
+72,000
| +229% | +$1.85M |
|
|
LNW
5300
CALL
DELISTED
Light & Wonder
LNW
| $2.21M | ﹤0.01% |
25,500
+5,100
| +25% | +$491K |
|
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.