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 | |
|---|---|---|---|---|---|---|
5351
CALL
Viasat
VSAT
$11.4B
| $2.16M | ﹤0.01% |
207,400
-38,900
| -16% | -$375K |
|
5352
CALL
iShares MSCI Taiwan ETF
EWT
$11.5B
| $2.16M | ﹤0.01% |
45,500
-131,600
| -74% | -$6.77M |
|
5353
CareDx
CDNA
$2.34B
| $2.16M | ﹤0.01% |
121,706
+82,745
| +212% | +$1.78M |
|
5354
Garrett Motion
GTX
$5.41B
| $2.16M | ﹤0.01% |
258,002
+144,689
| +128% | +$1.34M |
|
|
APRQ
5355
DELISTED
Innovator Preium Income 40 Barrier ETF - April
APRQ
| $2.16M | ﹤0.01% |
88,143
+29,855
| +51% | +$739K |
|
5356
PUT
Dime Commercial Bancshares
DCOM
$1.81B
| $2.16M | ﹤0.01% |
77,400
-1,900
| -2% | -$57.5K |
|
5357
PUT
LGI Homes
LGIH
$1.39B
| $2.15M | ﹤0.01% |
32,400
-4,900
| -13% | -$396K |
|
5358
PUT
Chemed
CHE
$6.96B
| $2.15M | ﹤0.01% |
3,500
+1,200
| +52% | +$682K |
|
5359
PUT
Woodward
WWD
$21.9B
| $2.15M | ﹤0.01% |
11,800
-17,400
| -60% | -$3.22M |
|
|
RPHS
5360
DELISTED
Regents Park Hedged Market Strategy ETF
RPHS
| $2.15M | ﹤0.01% |
220,812
+8,827
| +4% | +$89.4K |
|
5361
CALL
NextDecade
NEXT
$1.91B
| $2.15M | ﹤0.01% |
276,700
-11,800
| -4% | -$95.1K |
|
5362
Quaker Houghton
KWR
$2.94B
| $2.15M | ﹤0.01% |
17,382
+8,599
| +98% | +$1.17M |
|
|
ONIT
5363
Onity Group
ONIT
$328M
| $2.15M | ﹤0.01% |
66,475
+44,908
| +208% | +$1.49M |
|
5364
PUT
B&G Foods
BGS
$294M
| $2.15M | ﹤0.01% |
312,700
+25,800
| +9% | +$172K |
|
5365
CALL
Chemours
CC
$2.39B
| $2.15M | ﹤0.01% |
158,700
-54,300
| -25% | -$902K |
|
|
HBI
5366
PUT
DELISTED
Hanesbrands
HBI
| $2.15M | ﹤0.01% |
372,000
+16,000
| +4% | +$112K |
|
|
STEL
5367
DELISTED
Stellar Bancorp
STEL
| $2.15M | ﹤0.01% |
77,597
+50,035
| +182% | +$1.41M |
|
|
STR
5368
CALL
DELISTED
Sitio Royalties
STR
| $2.15M | ﹤0.01% |
108,000
+23,700
| +28% | +$480K |
|
5369
iShares MSCI China Multisector Tech ETF
TCHI
$45.8M
| $2.15M | ﹤0.01% |
107,157
+78,432
| +273% | +$1.56M |
|
5370
MGP Ingredients
MGPI
$379M
| $2.14M | ﹤0.01% |
72,998
+55,724
| +323% | +$1.86M |
|
5371
CDW
CDW
$17.4B
| $2.14M | ﹤0.01% |
13,374
-52,734
| -80% | -$9.58M |
|
5372
Boyd Gaming
BYD
$6.11B
| $2.14M | ﹤0.01% |
32,547
+20,794
| +177% | +$1.53M |
|
5373
Direxion Daily NVDA Bull 2X ETF
NVDU
$636M
| $2.14M | ﹤0.01% |
40,710
+23,619
| +138% | +$1.84M |
|
5374
iShares Select U.S. REIT ETF
ICF
$2.12B
| $2.14M | ﹤0.01% |
34,802
+7,716
| +28% | +$472K |
|
|
ARR
5375
Armour Residential REIT
ARR
$2.37B
| $2.14M | ﹤0.01% |
125,174
+92,237
| +280% | +$1.72M |
|
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.