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 | |
|---|---|---|---|---|---|---|
5426
Grand Canyon Education
LOPE
$3.76B
| $2.1M | ﹤0.01% |
12,149
+7,452
| +159% | +$1.29M |
|
5427
Royal Gold
RGLD
$19.5B
| $2.1M | ﹤0.01% |
12,850
+675
| +6% | +$99K |
|
5428
CALL
Stratasys
SSYS
$781M
| $2.1M | ﹤0.01% |
214,600
+90,400
| +73% | +$929K |
|
5429
LENSAR
LNSR
$101M
| $2.1M | ﹤0.01% |
+148,600
| New | +$1.71M |
|
5430
PUT
Cogent Communications
CCOI
$579M
| $2.1M | ﹤0.01% |
34,200
+5,800
| +20% | +$428K |
|
5431
CALL
Apple Hospitality REIT
APLE
$3.79B
| $2.1M | ﹤0.01% |
162,400
+62,900
| +63% | +$919K |
|
5432
CALL
Fidelity MSCI Information Technology Index ETF
FTEC
$21.5B
| $2.1M | ﹤0.01% |
13,000
-4,500
| -26% | -$807K |
|
5433
Church & Dwight Co
CHD
$24B
| $2.1M | ﹤0.01% |
19,039
-95,914
| -83% | -$10.3M |
|
5434
Innovator US Equity Accelerated 9 Buffer ETF April
XBAP
$133M
| $2.09M | ﹤0.01% |
+59,938
| New | +$2.07M |
|
5435
Invesco DB US Dollar Index Bearish Fund
UDN
$109M
| $2.09M | ﹤0.01% |
119,199
+71,980
| +152% | +$1.23M |
|
5436
V2X
VVX
$2.6B
| $2.09M | ﹤0.01% |
42,626
+13,127
| +44% | +$643K |
|
5437
PUT
GraniteShares ETF Trust GraniteShares 2x Long META Daily ETF
FBL
$181M
| $2.09M | ﹤0.01% |
+68,600
| New | +$2.7M |
|
|
VISN
5438
PUT
Vistance Networks Inc
VISN
$2.66B
| $2.09M | ﹤0.01% |
393,200
+228,000
| +138% | +$1.21M |
|
5439
PUT
PACS Group
PACS
$7.04B
| $2.09M | ﹤0.01% |
185,700
+84,800
| +84% | +$1.11M |
|
5440
CALL
Reinsurance Group of America
RGA
$16.3B
| $2.09M | ﹤0.01% |
10,600
-12,800
| -55% | -$2.65M |
|
5441
F5
FFIV
$22.8B
| $2.09M | ﹤0.01% |
7,836
-14,780
| -65% | -$4.13M |
|
5442
CMS Energy
CMS
$22.3B
| $2.09M | ﹤0.01% |
27,778
-144,586
| -84% | -$10.1M |
|
|
LTC
5443
LTC Properties
LTC
$2.17B
| $2.09M | ﹤0.01% |
58,832
+39,414
| +203% | +$1.37M |
|
5444
PUT
Pagaya Technologies
PGY
$1.8B
| $2.09M | ﹤0.01% |
199,000
-29,800
| -13% | -$331K |
|
5445
Materion
MTRN
$5.9B
| $2.08M | ﹤0.01% |
25,539
+15,506
| +155% | +$1.46M |
|
5446
PUT
Invesco Mortgage Capital
IVR
$805M
| $2.08M | ﹤0.01% |
264,100
+31,700
| +14% | +$267K |
|
5447
Fidelity MSCI Industrials Index ETF
FIDU
$2.4B
| $2.08M | ﹤0.01% |
30,433
-20,096
| -40% | -$1.44M |
|
5448
AMC Entertainment Holdings
AMC
$2.23B
| $2.08M | ﹤0.01% |
725,879
-1,354,174
| -65% | -$4.45M |
|
5449
Xtrackers FTSE Developed ex US Multifactor ETF
DEEF
$56.7M
| $2.08M | ﹤0.01% |
69,185
-5,907
| -8% | -$175K |
|
5450
MBIA
MBI
$264M
| $2.08M | ﹤0.01% |
418,082
-72,360
| -15% | -$448K |
|
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.