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 | |
|---|---|---|---|---|---|---|
6051
iShares Agency Bond ETF
AGZ
$570M
| $1.6M | ﹤0.01% |
14,633
+10,466
| +251% | +$1.14M |
|
6052
Allot
ALLT
$376M
| $1.6M | ﹤0.01% |
280,386
+30,368
| +12% | +$213K |
|
6053
James Hardie Industries
JHX
$17.7B
| $1.6M | ﹤0.01% |
+67,896
| New | +$2.14M |
|
6054
Safety Insurance
SAFT
$1.52B
| $1.6M | ﹤0.01% |
20,260
+12,674
| +167% | +$991K |
|
6055
RCI Hospitality Holdings
RICK
$233M
| $1.6M | ﹤0.01% |
37,203
-26,001
| -41% | -$1.33M |
|
6056
PUT
Smith & Wesson
SWBI
$638M
| $1.6M | ﹤0.01% |
171,300
-3,900
| -2% | -$40.2K |
|
6057
State Street SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
$292M
| $1.6M | ﹤0.01% |
+66,069
| New | +$1.6M |
|
6058
Amplify CEF High Income ETF
YYY
$750M
| $1.6M | ﹤0.01% |
+139,881
| New | +$1.64M |
|
6059
Franklin FTSE Canada ETF
FLCA
$869M
| $1.6M | ﹤0.01% |
42,865
-35,891
| -46% | -$1.34M |
|
6060
FT Vest Fund of Nasdaq-100 Buffer ETFs
BUFQ
$1.59B
| $1.59M | ﹤0.01% |
53,354
+22,294
| +72% | +$700K |
|
|
CHCT
6061
PUT
Community Healthcare Trust
CHCT
$423M
| $1.59M | ﹤0.01% |
87,700
+66,400
| +312% | +$1.27M |
|
6062
CALL
Grand Canyon Education
LOPE
$3.7B
| $1.59M | ﹤0.01% |
9,200
+7,000
| +318% | +$1.22M |
|
6063
CALL
TD Synnex
SNX
$20.8B
| $1.59M | ﹤0.01% |
15,300
+9,000
| +143% | +$1.2M |
|
|
PHEQ
6064
Parametric Hedged Equity ETF
PHEQ
$144M
| $1.59M | ﹤0.01% |
55,587
+32,912
| +145% | +$976K |
|
|
SAGE
6065
DELISTED
Sage Therapeutics
SAGE
| $1.59M | ﹤0.01% |
199,986
+126,137
| +171% | +$924K |
|
|
CUSD
6066
DELISTED
CrossingBridge Ultra-Short Duration ETF
CUSD
| $1.59M | ﹤0.01% |
75,844
+43,648
| +136% | +$909K |
|
6067
CALL
Immersion
IMMR
$247M
| $1.59M | ﹤0.01% |
209,700
-137,500
| -40% | -$1.13M |
|
6068
Vident International Equity Strategy
VIDI
$454M
| $1.59M | ﹤0.01% |
61,002
-80,395
| -57% | -$2.08M |
|
6069
Employers Holdings
EIG
$869M
| $1.59M | ﹤0.01% |
31,369
+19,614
| +167% | +$973K |
|
6070
Janus Henderson B-BBB CLO ETF
JBBB
$1.45B
| $1.59M | ﹤0.01% |
+32,637
| New | +$1.6M |
|
6071
Labcorp
LH
$26.3B
| $1.59M | ﹤0.01% |
6,820
-68,835
| -91% | -$16.7M |
|
6072
State Street SPDR S&P Dividend ETF
SDY
$22B
| $1.59M | ﹤0.01% |
11,696
-29,664
| -72% | -$3.99M |
|
6073
PUT
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.81B
| $1.59M | ﹤0.01% |
+20,700
| New | +$1.64M |
|
6074
Dole
DOLE
$1.22B
| $1.59M | ﹤0.01% |
109,754
+77,475
| +240% | +$1.07M |
|
6075
CALL
Mercury Systems
MRCY
$6.9B
| $1.59M | ﹤0.01% |
36,800
+5,700
| +18% | +$250K |
|
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.