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 | |
|---|---|---|---|---|---|---|
1651
CALL
Insulet
PODD
$10.1B
| $22.2M | ﹤0.01% |
84,700
-18,500
| -18% | -$5.01M |
|
1652
CALL
Procore
PCOR
$9.45B
| $22.2M | ﹤0.01% |
336,800
-30,700
| -8% | -$2.32M |
|
1653
PUT
Credo Technology Group
CRDO
$49.6B
| $22.2M | ﹤0.01% |
553,300
+239,100
| +76% | +$14.9M |
|
1654
PUT
Commault Systems
CVLT
$6.26B
| $22.1M | ﹤0.01% |
140,400
+85,900
| +158% | +$14.1M |
|
1655
PUT
SolarEdge
SEDG
$1.98B
| $22.1M | ﹤0.01% |
1,367,400
-542,000
| -28% | -$8.43M |
|
1656
PUT
Pan American Silver
PAAS
$19.9B
| $22.1M | ﹤0.01% |
856,000
+305,200
| +55% | +$7.3M |
|
1657
McKesson
MCK
$102B
| $22.1M | ﹤0.01% |
32,853
-28,803
| -47% | -$17.8M |
|
1658
PUT
Fastenal
FAST
$59.9B
| $22.1M | ﹤0.01% |
570,200
+180,400
| +46% | +$6.76M |
|
|
BPMC
1659
CALL
DELISTED
Blueprint Medicines
BPMC
| $22.1M | ﹤0.01% |
249,600
+78,300
| +46% | +$7.64M |
|
1660
Patterson-UTI
PTEN
$4.16B
| $22.1M | ﹤0.01% |
2,686,043
-86,098
| -3% | -$722K |
|
1661
Fox Class A
FOXA
$27.5B
| $22.1M | ﹤0.01% |
389,900
+205,087
| +111% | +$10.8M |
|
1662
SS&C Technologies
SSNC
$18.8B
| $22M | ﹤0.01% |
263,957
+34,599
| +15% | +$2.86M |
|
1663
CALL
Vanguard Total World Stock ETF
VT
$81.9B
| $22M | ﹤0.01% |
189,800
+164,000
| +636% | +$19.6M |
|
1664
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$6.47B
| $22M | ﹤0.01% |
375,300
+114,000
| +44% | +$9.28M |
|
1665
PUT
Weibo
WB
$1.88B
| $22M | ﹤0.01% |
2,320,700
+705,000
| +44% | +$7.16M |
|
|
SLNO
1666
PUT
DELISTED
Soleno Therapeutics
SLNO
| $21.9M | ﹤0.01% |
307,100
-1,203,900
| -80% | -$58.6M |
|
1667
PUT
Macy's
M
$6.26B
| $21.9M | ﹤0.01% |
1,746,300
-1,172,800
| -40% | -$17M |
|
1668
CALL
PennyMac Financial
PFSI
$4B
| $21.9M | ﹤0.01% |
218,500
+18,400
| +9% | +$1.89M |
|
1669
PUT
Ollie's Bargain Outlet
OLLI
$4.73B
| $21.9M | ﹤0.01% |
187,900
-106,500
| -36% | -$11.3M |
|
1670
Devon Energy
DVN
$48.8B
| $21.9M | ﹤0.01% |
584,231
-1,320,182
| -69% | -$46.9M |
|
1671
CALL
GeneDx Holdings
WGS
$2.36B
| $21.8M | ﹤0.01% |
246,400
+151,500
| +160% | +$13.1M |
|
1672
Ares Management
ARES
$32.1B
| $21.8M | ﹤0.01% |
148,791
+38,235
| +35% | +$6.61M |
|
1673
Fidelity National Financial
FNF
$12.8B
| $21.8M | ﹤0.01% |
334,329
-80,280
| -19% | -$4.82M |
|
1674
Parker-Hannifin
PH
$134B
| $21.7M | ﹤0.01% |
35,741
-16,779
| -32% | -$11M |
|
1675
British American Tobacco
BTI
$124B
| $21.7M | ﹤0.01% |
524,430
+508,267
| +3,145% | +$20M |
|
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.