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 | |
|---|---|---|---|---|---|---|
1701
PUT
Brown-Forman Class B
BF.B
$12.9B
| $21.2M | ﹤0.01% |
624,000
+507,500
| +436% | +$17.1M |
|
1702
PUT
Diageo
DEO
$53.1B
| $21.1M | ﹤0.01% |
201,700
+22,300
| +12% | +$2.52M |
|
1703
Warner Bros
WBD
$69.7B
| $21.1M | ﹤0.01% |
1,967,064
-680,567
| -26% | -$7.12M |
|
1704
CALL
Macy's
M
$6.16B
| $21.1M | ﹤0.01% |
1,680,200
-1,194,100
| -42% | -$17.3M |
|
1705
CALL
Global X Copper Miners ETF NEW
COPX
$8.02B
| $21.1M | ﹤0.01% |
540,100
+335,600
| +164% | +$13.4M |
|
1706
Pegasystems
PEGA
$5.45B
| $21M | ﹤0.01% |
604,646
+290,298
| +92% | +$12.8M |
|
1707
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.23B
| $20.9M | ﹤0.01% |
336,300
-180,100
| -35% | -$8.85M |
|
1708
Valaris
VAL
$6B
| $20.8M | ﹤0.01% |
531,022
+205,157
| +63% | +$8.79M |
|
1709
PUT
Deutsche Bank
DB
$72.1B
| $20.8M | ﹤0.01% |
874,700
+625,600
| +251% | +$13.1M |
|
1710
PUT
SS&C Technologies
SSNC
$19.1B
| $20.8M | ﹤0.01% |
249,100
+244,400
| +5,200% | +$20.2M |
|
1711
PUT
Sprouts Farmers Market
SFM
$7.66B
| $20.8M | ﹤0.01% |
136,100
-21,600
| -14% | -$3.22M |
|
1712
PUT
Public Storage
PSA
$61.3B
| $20.8M | ﹤0.01% |
69,400
+18,400
| +36% | +$5.5M |
|
1713
PUT
Keysight
KEYS
$60.7B
| $20.7M | ﹤0.01% |
138,300
+49,300
| +55% | +$8.14M |
|
1714
Capital Group Dividend Value ETF
CGDV
$39B
| $20.7M | ﹤0.01% |
+580,516
| New | +$21.1M |
|
1715
CALL
Carlyle Group
CG
$18.1B
| $20.7M | ﹤0.01% |
474,600
-174,200
| -27% | -$8.64M |
|
1716
Accenture
ACN
$108B
| $20.7M | ﹤0.01% |
66,257
-236,109
| -78% | -$83.4M |
|
1717
CALL
Sanofi
SNY
$104B
| $20.7M | ﹤0.01% |
372,600
+55,400
| +17% | +$3M |
|
1718
APi Group
APG
$18.9B
| $20.7M | ﹤0.01% |
866,271
+186,763
| +27% | +$4.68M |
|
1719
Ferguson
FERG
$47.8B
| $20.7M | ﹤0.01% |
128,889
-21,335
| -14% | -$3.7M |
|
1720
PUT
GSK
GSK
$98.2B
| $20.6M | ﹤0.01% |
530,800
+71,100
| +15% | +$2.6M |
|
1721
The GEO Group
GEO
$4.03B
| $20.6M | ﹤0.01% |
703,738
+129,691
| +23% | +$3.72M |
|
1722
CALL
SL Green Realty
SLG
$4.1B
| $20.5M | ﹤0.01% |
355,900
+93,300
| +36% | +$5.88M |
|
1723
PUT
Bath & Body Works
BBWI
$3.86B
| $20.4M | ﹤0.01% |
674,100
-320,200
| -32% | -$11.3M |
|
1724
PUT
Doximity
DOCS
$4.62B
| $20.4M | ﹤0.01% |
351,500
+165,800
| +89% | +$10.5M |
|
1725
iShares Expanded Tech-Software Sector ETF
IGV
$15.1B
| $20.4M | ﹤0.01% |
228,717
+118,621
| +108% | +$11.7M |
|
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.