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 | |
|---|---|---|---|---|---|---|
5376
CALL
VanEck Biotech ETF
BBH
$424M
| $2.14M | ﹤0.01% |
+13,600
| New | +$2.21M |
|
5377
GraniteShares 2x Short TSLA Daily ETF
TSDD
$25.9M
| $2.14M | ﹤0.01% |
37,179
+1,995
| +6% | +$94.5K |
|
5378
GXO Logistics
GXO
$5.59B
| $2.14M | ﹤0.01% |
54,731
+11,829
| +28% | +$494K |
|
5379
CALL
Virtu Financial
VIRT
$5.3B
| $2.14M | ﹤0.01% |
56,100
-49,800
| -47% | -$1.85M |
|
|
VRNA
5380
DELISTED
Verona Pharma
VRNA
| $2.14M | ﹤0.01% |
33,655
-77,690
| -70% | -$4.65M |
|
5381
Xtrackers S&P 500 ESG ETF
SNPE
$2.79B
| $2.13M | ﹤0.01% |
42,332
+12,294
| +41% | +$652K |
|
5382
CALL
YieldMax MSTR Option Income Strategy ETF
MSTY
$723M
| $2.13M | ﹤0.01% |
21,000
+11,800
| +128% | +$1.46M |
|
5383
Huntington Ingalls Industries
HII
$12.9B
| $2.13M | ﹤0.01% |
10,456
-28,654
| -73% | -$5.44M |
|
5384
Addus HomeCare
ADUS
$2.17B
| $2.13M | ﹤0.01% |
21,568
+13,554
| +169% | +$1.51M |
|
|
MASI
5385
CALL
DELISTED
Masimo
MASI
| $2.13M | ﹤0.01% |
12,800
-18,000
| -58% | -$3.12M |
|
5386
PUT
CNX Resources
CNX
$5.28B
| $2.13M | ﹤0.01% |
67,700
+24,300
| +56% | +$732K |
|
|
PDCO
5387
PUT
DELISTED
Patterson Companies, Inc.
PDCO
| $2.13M | ﹤0.01% |
68,200
-104,900
| -61% | -$3.26M |
|
5388
CALL
Banco Bradesco
BBD
$34.2B
| $2.13M | ﹤0.01% |
955,400
-1,341,200
| -58% | -$2.78M |
|
|
LADR
5389
Ladder Capital
LADR
$1.27B
| $2.13M | ﹤0.01% |
186,707
+99,076
| +113% | +$1.13M |
|
5390
KULR Technology Group
KULR
$122M
| $2.13M | ﹤0.01% |
201,724
+124,525
| +161% | +$1.94M |
|
5391
Spire Global
SPIR
$567M
| $2.13M | ﹤0.01% |
263,281
+176,411
| +203% | +$2.34M |
|
5392
CALL
Q2 Holdings
QTWO
$4.04B
| $2.13M | ﹤0.01% |
26,600
-38,500
| -59% | -$3.4M |
|
5393
IDEAYA Biosciences
IDYA
$3.49B
| $2.13M | ﹤0.01% |
129,735
+79,108
| +156% | +$1.69M |
|
5394
Innovator Equity Defined Protection ETF - 2 Yr to July 2027
TJUL
$116M
| $2.12M | ﹤0.01% |
75,671
+64,754
| +593% | +$1.81M |
|
5395
BJs Wholesale Club
BJ
$11.9B
| $2.12M | ﹤0.01% |
18,604
-7,357
| -28% | -$758K |
|
5396
CALL
ProShares Ultra Dow30
DDM
$542M
| $2.12M | ﹤0.01% |
46,400
-1,400
| -3% | -$68.5K |
|
5397
NETSCOUT
NTCT
$2.88B
| $2.12M | ﹤0.01% |
101,014
+70,225
| +228% | +$1.58M |
|
5398
World Kinect Corp
WKC
$1.85B
| $2.12M | ﹤0.01% |
74,812
-65,866
| -47% | -$1.87M |
|
5399
Global Net Lease
GNL
$2.03B
| $2.12M | ﹤0.01% |
263,755
+25,409
| +11% | +$191K |
|
5400
PUT
Enpro
NPO
$7.27B
| $2.12M | ﹤0.01% |
13,100
+11,900
| +992% | +$2.14M |
|
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.