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 | |
|---|---|---|---|---|---|---|
1451
CALL
Doximity
DOCS
$4.74B
| $27.7M | ﹤0.01% |
476,900
+66,600
| +16% | +$4.21M |
|
1452
Under Armour
UAA
$2.3B
| $27.6M | ﹤0.01% |
4,415,523
+3,954,612
| +858% | +$29.4M |
|
1453
PUT
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.38B
| $27.6M | ﹤0.01% |
4,757
+1,973
| +71% | +$8.64M |
|
1454
CALL
Rocket Companies
RKT
$42.6B
| $27.6M | ﹤0.01% |
2,284,300
+1,000,100
| +78% | +$12.9M |
|
1455
CALL
Sable Offshore Corp
SOC
$773M
| $27.6M | ﹤0.01% |
1,086,100
+266,600
| +33% | +$6.83M |
|
|
SWTX
1456
DELISTED
SpringWorks Therapeutics
SWTX
| $27.5M | ﹤0.01% |
623,663
+486,638
| +355% | +$22.4M |
|
1457
Baker Hughes
BKR
$63B
| $27.5M | ﹤0.01% |
625,328
-474,771
| -43% | -$21.2M |
|
1458
CALL
Emcor
EME
$36.8B
| $27.5M | ﹤0.01% |
74,300
+5,400
| +8% | +$2.34M |
|
1459
Expedia Group
EXPE
$39.1B
| $27.4M | ﹤0.01% |
163,007
-101,968
| -38% | -$18.6M |
|
1460
CALL
T. Rowe Price
TROW
$23.8B
| $27.3M | ﹤0.01% |
297,300
-39,600
| -12% | -$4.18M |
|
1461
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $27.3M | ﹤0.01% |
51,191
+15,001
| +41% | +$8.52M |
|
1462
CALL
DaVita
DVA
$11.6B
| $27.3M | ﹤0.01% |
178,500
-162,800
| -48% | -$25.6M |
|
1463
CALL
Amphenol
APH
$204B
| $27.3M | ﹤0.01% |
416,000
+85,900
| +26% | +$5.86M |
|
1464
PUT
Argan
AGX
$8.02B
| $27.3M | ﹤0.01% |
207,800
+124,300
| +149% | +$17.3M |
|
1465
TransUnion
TRU
$15.2B
| $27.2M | ﹤0.01% |
328,051
+78,779
| +32% | +$7.2M |
|
1466
PUT
Southern Copper
SCCO
$165B
| $27.2M | ﹤0.01% |
308,701
+102,217
| +50% | +$9.07M |
|
1467
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.46B
| $27.2M | ﹤0.01% |
485,900
-332,800
| -41% | -$19.6M |
|
1468
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.89B
| $27.2M | ﹤0.01% |
2,182,188
+1,141,476
| +110% | +$21M |
|
1469
PUT
Citizens Financial Group
CFG
$31.1B
| $27.2M | ﹤0.01% |
663,000
+321,400
| +94% | +$14.3M |
|
1470
CALL
Royal Bank of Canada
RY
$297B
| $27.1M | ﹤0.01% |
240,400
-118,800
| -33% | -$14M |
|
1471
CALL
US Global Jets ETF
JETS
$832M
| $27M | ﹤0.01% |
1,302,300
-1,057,300
| -45% | -$25.9M |
|
1472
CALL
British American Tobacco
BTI
$124B
| $27M | ﹤0.01% |
653,700
-145,600
| -18% | -$5.72M |
|
1473
AngloGold Ashanti
AU
$48.1B
| $27M | ﹤0.01% |
728,043
+39,839
| +6% | +$1.22M |
|
1474
PUT
iShares MSCI China ETF
MCHI
$6.14B
| $27M | ﹤0.01% |
496,700
-31,900
| -6% | -$1.64M |
|
1475
PUT
UiPath
PATH
$8.64B
| $27M | ﹤0.01% |
2,621,200
+535,600
| +26% | +$6.89M |
|
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.