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 | |
|---|---|---|---|---|---|---|
5501
CALL
Vanguard Communication Services ETF
VOX
$5.9B
| $2.03M | ﹤0.01% |
13,700
+2,200
| +19% | +$350K |
|
5502
Hartford Multifactor US Equity ETF
ROUS
$735M
| $2.03M | ﹤0.01% |
40,066
-532
| -1% | -$27.7K |
|
5503
CALL
Invesco Water Resources ETF
PHO
$2.05B
| $2.03M | ﹤0.01% |
31,500
-31,900
| -50% | -$2.12M |
|
5504
LeMaitre Vascular
LMAT
$1.88B
| $2.03M | ﹤0.01% |
24,222
+15,039
| +164% | +$1.4M |
|
5505
ProShares Ultra Financials
UYG
$860M
| $2.03M | ﹤0.01% |
22,785
+12,242
| +116% | +$1.12M |
|
|
MRP
5506
CALL
Millrose Properties Inc
MRP
$5.04B
| $2.03M | ﹤0.01% |
+76,600
| New | +$1.79M |
|
5507
OP Bancorp
OPBK
$233M
| $2.03M | ﹤0.01% |
168,921
+12,579
| +8% | +$172K |
|
5508
Fortune Brands Innovations
FBIN
$5.71B
| $2.03M | ﹤0.01% |
33,324
+7,168
| +27% | +$481K |
|
5509
Cambria Global Value ETF
GVAL
$602M
| $2.03M | ﹤0.01% |
81,955
-60,698
| -43% | -$1.4M |
|
|
EBTC
5510
DELISTED
Enterprise Bancorp
EBTC
| $2.03M | ﹤0.01% |
52,086
+40,103
| +335% | +$1.64M |
|
5511
PUT
National Grid
NGG
$81.5B
| $2.03M | ﹤0.01% |
32,259
+21,506
| +200% | +$1.26M |
|
5512
Jack Henry & Associates
JKHY
$10.9B
| $2.03M | ﹤0.01% |
11,093
-22,457
| -67% | -$3.92M |
|
5513
Honda
HMC
$41B
| $2.02M | ﹤0.01% |
74,629
-5,863
| -7% | -$167K |
|
5514
ClearBridge Dividend Strategy ESG ETF
YLDE
$173M
| $2.02M | ﹤0.01% |
39,116
+32,214
| +467% | +$1.66M |
|
5515
Lincoln Electric
LECO
$15.6B
| $2.02M | ﹤0.01% |
10,702
+2,750
| +35% | +$540K |
|
5516
PUT
Fidelity National Financial
FNF
$13.3B
| $2.02M | ﹤0.01% |
31,100
-425,900
| -93% | -$25.6M |
|
5517
QuinStreet
QNST
$1.18B
| $2.02M | ﹤0.01% |
113,415
+89,687
| +378% | +$1.88M |
|
5518
PUT
Equitable Holdings
EQH
$14.5B
| $2.02M | ﹤0.01% |
38,800
+4,000
| +11% | +$209K |
|
5519
Enviri
NVRI
$579M
| $2.02M | ﹤0.01% |
303,892
+192,557
| +173% | +$1.51M |
|
5520
CALL
Agilon Health
AGL
$1.63B
| $2.02M | ﹤0.01% |
18,664
+4,112
| +28% | +$358K |
|
|
DFTX
5521
Definium Therapeutics
DFTX
$5.73B
| $2.02M | ﹤0.01% |
345,204
+146,784
| +74% | +$1.05M |
|
5522
Helen of Troy
HELE
$704M
| $2.02M | ﹤0.01% |
37,753
+24,062
| +176% | +$1.39M |
|
5523
Westamerica Bancorp
WABC
$1.38B
| $2.02M | ﹤0.01% |
39,866
+26,992
| +210% | +$1.37M |
|
5524
PUT
Nano X Imaging
NNOX
$74.1M
| $2.02M | ﹤0.01% |
403,600
+226,900
| +128% | +$1.57M |
|
|
AL
5525
DELISTED
Air Lease Corp
AL
| $2.02M | ﹤0.01% |
41,739
+17,652
| +73% | +$828K |
|
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.