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 | |
|---|---|---|---|---|---|---|
5776
iShares Global Utilities ETF
JXI
$308M
| $1.78M | ﹤0.01% |
25,831
-11,457
| -31% | -$761K |
|
5777
Apogee Enterprises
APOG
$889M
| $1.78M | ﹤0.01% |
38,516
+16,091
| +72% | +$822K |
|
|
DESP
5778
PUT
DELISTED
Despegar.com
DESP
| $1.78M | ﹤0.01% |
94,900
+5,200
| +6% | +$99.8K |
|
5779
State Street SPDR S&P Global Infrastructure ETF
GII
$931M
| $1.78M | ﹤0.01% |
+28,760
| New | +$1.75M |
|
5780
Gentex
GNTX
$5.03B
| $1.78M | ﹤0.01% |
76,522
+38,142
| +99% | +$975K |
|
5781
Invesco MSCI USA ETF
PBUS
$11.9B
| $1.78M | ﹤0.01% |
31,797
+23,067
| +264% | +$1.36M |
|
5782
Invesco S&P 500 Pure Value ETF
RPV
$1.75B
| $1.78M | ﹤0.01% |
+19,282
| New | +$1.77M |
|
5783
Vanguard Russell 1000 ETF
VONE
$8.72B
| $1.78M | ﹤0.01% |
7,011
+3,642
| +108% | +$975K |
|
|
LAC
5784
CALL
Lithium Americas
LAC
$1.23B
| $1.78M | ﹤0.01% |
655,900
-274,100
| -29% | -$826K |
|
5785
Fidelity Enhanced Mid Cap Core ETF
FMDE
$8.41B
| $1.78M | ﹤0.01% |
56,680
+34,289
| +153% | +$1.14M |
|
|
TBNK
5786
DELISTED
Territorial Bancorp Inc.
TBNK
| $1.78M | ﹤0.01% |
211,971
+26,721
| +14% | +$232K |
|
|
KCAI
5787
KraneShares China Alpha Index ETF
KCAI
$3.25M
| $1.78M | ﹤0.01% |
65,459
+519
| +0.8% | +$14K |
|
5788
Ascendis Pharma A/S
ASND
$16.3B
| $1.78M | ﹤0.01% |
11,395
-18,465
| -62% | -$2.64M |
|
|
VISN
5789
Vistance Networks Inc
VISN
$2.66B
| $1.78M | ﹤0.01% |
334,380
+132,882
| +66% | +$706K |
|
5790
iShares Gold Trust
IAU
$64.9B
| $1.78M | ﹤0.01% |
+30,111
| New | +$1.63M |
|
5791
Omeros
OMER
$1.24B
| $1.78M | ﹤0.01% |
215,974
+139,851
| +184% | +$1.23M |
|
5792
CALL
Sun Communities
SUI
$15B
| $1.78M | ﹤0.01% |
13,800
-300
| -2% | -$38.4K |
|
5793
Tencent Music
TME
$14.5B
| $1.77M | ﹤0.01% |
123,166
+111,812
| +985% | +$1.4M |
|
5794
PUT
LendingTree
TREE
$458M
| $1.77M | ﹤0.01% |
35,300
-79,300
| -69% | -$3.53M |
|
5795
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$149M
| $1.77M | ﹤0.01% |
+72,975
| New | +$1.81M |
|
5796
PUT
Blue Owl Capital
OBDC
$5.78B
| $1.77M | ﹤0.01% |
120,900
-17,400
| -13% | -$261K |
|
5797
Origin Bancorp
OBK
$1.68B
| $1.77M | ﹤0.01% |
51,115
+33,069
| +183% | +$1.22M |
|
5798
VictoryShares US Value Momentum ETF
ULVM
$273M
| $1.77M | ﹤0.01% |
22,058
+1,241
| +6% | +$102K |
|
5799
PUT
NewAmsterdam Pharma
NAMS
$3.23B
| $1.77M | ﹤0.01% |
86,500
+47,900
| +124% | +$1.06M |
|
5800
Hanover Insurance
THG
$7.84B
| $1.77M | ﹤0.01% |
10,179
-3,890
| -28% | -$630K |
|
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.