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 | |
|---|---|---|---|---|---|---|
5951
CALL
Herbalife
HLF
$1.25B
| $1.67M | ﹤0.01% |
193,300
+73,900
| +62% | +$526K |
|
5952
Invesco CurrencyShares Japanese Yen Trust
FXY
$441M
| $1.67M | ﹤0.01% |
27,100
-116,440
| -81% | -$7.06M |
|
5953
Astec Industries
ASTE
$996M
| $1.67M | ﹤0.01% |
48,378
+28,003
| +137% | +$963K |
|
5954
CTS Corp
CTS
$1.81B
| $1.67M | ﹤0.01% |
40,093
+24,281
| +154% | +$1.14M |
|
5955
PUT
OR Royalties Inc
OR
$6.33B
| $1.66M | ﹤0.01% |
78,800
+51,400
| +188% | +$987K |
|
5956
Agilon Health
AGL
$1.59B
| $1.66M | ﹤0.01% |
15,361
-367
| -2% | -$31.9K |
|
5957
PUT
GigaCloud Technology
GCT
$1.83B
| $1.66M | ﹤0.01% |
117,100
-55,200
| -32% | -$1.01M |
|
5958
iShares Treasury Floating Rate Bond ETF
TFLO
$6.69B
| $1.66M | ﹤0.01% |
32,816
-94,521
| -74% | -$4.78M |
|
5959
Valmont Industries
VMI
$9.7B
| $1.66M | ﹤0.01% |
5,823
-5,897
| -50% | -$1.92M |
|
5960
Citizens Community Bancorp
CZWI
$201M
| $1.66M | ﹤0.01% |
115,545
+21,406
| +23% | +$327K |
|
5961
PUT
uniQure
QURE
$3.29B
| $1.66M | ﹤0.01% |
156,700
-96,900
| -38% | -$1.36M |
|
5962
Columbia Sportswear
COLM
$2.89B
| $1.66M | ﹤0.01% |
21,943
+376
| +2% | +$31.4K |
|
5963
CALL
Westlake Corp
WLK
$10.1B
| $1.66M | ﹤0.01% |
16,600
-11,800
| -42% | -$1.31M |
|
5964
Perella Weinberg Partners
PWP
$1.26B
| $1.66M | ﹤0.01% |
90,243
+57,006
| +172% | +$1.29M |
|
5965
PUT
Piper Sandler
PIPR
$5.38B
| $1.66M | ﹤0.01% |
26,800
-18,800
| -41% | -$1.35M |
|
5966
Eldorado Gold
EGO
$10.9B
| $1.66M | ﹤0.01% |
98,510
-48,537
| -33% | -$729K |
|
|
ALEX
5967
DELISTED
Alexander & Baldwin
ALEX
| $1.66M | ﹤0.01% |
96,133
+63,467
| +194% | +$1.12M |
|
5968
PUT
Dave & Buster's
PLAY
$349M
| $1.66M | ﹤0.01% |
94,200
-194,500
| -67% | -$4.61M |
|
5969
PUT
GraniteShares 2x Long AMD Daily ETF
AMDL
$1.13B
| $1.65M | ﹤0.01% |
321,900
+208,000
| +183% | +$1.31M |
|
5970
PUT
Arrowhead Research
ARWR
$12.5B
| $1.65M | ﹤0.01% |
129,800
-31,100
| -19% | -$566K |
|
5971
Eversource Energy
ES
$27.2B
| $1.65M | ﹤0.01% |
26,613
-555,008
| -95% | -$33.1M |
|
5972
American Century Quality Diversified International ETF
QINT
$701M
| $1.65M | ﹤0.01% |
+31,883
| New | +$1.63M |
|
5973
Cooper-Standard Automotive
CPS
$502M
| $1.65M | ﹤0.01% |
107,821
-11,137
| -9% | -$166K |
|
5974
PUT
Arcutis Biotherapeutics
ARQT
$3.3B
| $1.65M | ﹤0.01% |
105,600
-8,300
| -7% | -$117K |
|
5975
Matthews China Innovators Active ETF
MCHS
$21.9M
| $1.65M | ﹤0.01% |
58,655
-1,821
| -3% | -$49.6K |
|
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.