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 | |
|---|---|---|---|---|---|---|
1576
CALL
Trane Technologies
TT
$105B
| $24.1M | ﹤0.01% |
71,600
-97,500
| -58% | -$35.2M |
|
1577
PUT
BioNTech
BNTX
$23.1B
| $24.1M | ﹤0.01% |
264,300
-134,300
| -34% | -$15M |
|
1578
PUT
Gartner
IT
$11.6B
| $24.1M | ﹤0.01% |
57,300
+36,300
| +173% | +$17.9M |
|
1579
Mobileye
MBLY
$7.57B
| $24M | ﹤0.01% |
1,669,449
+1,494,050
| +852% | +$24.4M |
|
|
1580
CALL
Gartner
IT
$11.6B
| $24M | ﹤0.01% |
57,200
+35,600
| +165% | +$17.5M |
|
1581
Archer Aviation
ACHR
$5.37B
| $24M | ﹤0.01% |
3,375,518
+3,233,419
| +2,275% | +$28.7M |
|
1582
PUT
GoDaddy
GDDY
$12.7B
| $24M | ﹤0.01% |
133,000
-325,300
| -71% | -$62.2M |
|
1583
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.3M
| $23.9M | ﹤0.01% |
604,511
+541,258
| +856% | +$28M |
|
1584
C3.ai
AI
$1.58B
| $23.9M | ﹤0.01% |
1,136,898
+320,180
| +39% | +$9.09M |
|
1585
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.8B
| $23.9M | ﹤0.01% |
292,103
+259,914
| +807% | +$21M |
|
1586
Gold Fields
GFI
$35.4B
| $23.8M | ﹤0.01% |
1,078,289
+723,934
| +204% | +$13.2M |
|
1587
State Street SPDR S&P Retail ETF
XRT
$643M
| $23.8M | ﹤0.01% |
344,216
+91,621
| +36% | +$6.92M |
|
1588
CALL
Thomson Reuters
TRI
$46B
| $23.7M | ﹤0.01% |
135,279
+119,428
| +753% | +$20.6M |
|
1589
CALL
Jabil
JBL
$38.8B
| $23.7M | ﹤0.01% |
174,400
-191,500
| -52% | -$29.4M |
|
1590
CALL
Grayscale Bitcoin Trust
GBTC
$9.51B
| $23.7M | ﹤0.01% |
364,000
-318,100
| -47% | -$23.4M |
|
1591
CALL
Arbor Realty Trust
ABR
$981M
| $23.7M | ﹤0.01% |
2,015,600
+524,200
| +35% | +$6.78M |
|
1592
AGNC Investment
AGNC
$13B
| $23.7M | ﹤0.01% |
2,471,692
+527,651
| +27% | +$5.27M |
|
1593
HEICO Corp Class A
HEI.A
$38B
| $23.7M | ﹤0.01% |
112,160
-35,287
| -24% | -$6.84M |
|
1594
PUT
Scorpio Tankers
STNG
$3.81B
| $23.6M | ﹤0.01% |
629,200
+14,900
| +2% | +$667K |
|
1595
PUT
MSCI
MSCI
$40.9B
| $23.6M | ﹤0.01% |
41,800
-58,300
| -58% | -$33.9M |
|
1596
CALL
Xylem
XYL
$28.5B
| $23.6M | ﹤0.01% |
197,600
-67,200
| -25% | -$8.33M |
|
1597
PUT
Emcor
EME
$36.7B
| $23.6M | ﹤0.01% |
63,800
+13,400
| +27% | +$5.8M |
|
1598
CALL
PENN Entertainment
PENN
$2.57B
| $23.5M | ﹤0.01% |
1,442,800
-98,700
| -6% | -$1.93M |
|
1599
PUT
Qorvo
QRVO
$8.67B
| $23.5M | ﹤0.01% |
324,800
-30,000
| -8% | -$2.28M |
|
1600
Bilibili
BILI
$7.14B
| $23.5M | ﹤0.01% |
1,230,442
+654,618
| +114% | +$12.6M |
|
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.