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 | |
|---|---|---|---|---|---|---|
1801
Thomson Reuters
TRI
$44.7B
| $18.6M | ﹤0.01% |
+106,252
| New | +$18.3M |
|
1802
CALL
Transmedics
TMDX
$3.08B
| $18.6M | ﹤0.01% |
277,100
+44,000
| +19% | +$3.03M |
|
1803
CALL
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$227M
| $18.6M | ﹤0.01% |
432,800
-28,600
| -6% | -$1.15M |
|
1804
PUT
Campbell Soup
CPB
$6.92B
| $18.6M | ﹤0.01% |
466,600
-515,200
| -52% | -$20.2M |
|
1805
CALL
Consolidated Edison
ED
$40.2B
| $18.6M | ﹤0.01% |
168,300
+67,000
| +66% | +$6.57M |
|
|
SPYM
1806
CALL
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $18.6M | ﹤0.01% |
282,900
+86,000
| +44% | +$5.95M |
|
1807
Zoom
ZM
$30.8B
| $18.6M | ﹤0.01% |
252,151
+8,862
| +4% | +$706K |
|
|
CFLT
1808
PUT
DELISTED
Confluent
CFLT
| $18.6M | ﹤0.01% |
793,200
+135,400
| +21% | +$3.92M |
|
1809
Sempra
SRE
$56.8B
| $18.6M | ﹤0.01% |
260,172
+3,727
| +1% | +$290K |
|
1810
PUT
Alaska Air
ALK
$5.23B
| $18.5M | ﹤0.01% |
376,200
-353,800
| -48% | -$23.2M |
|
1811
PUT
MP Materials
MP
$10.6B
| $18.5M | ﹤0.01% |
758,300
+93,200
| +14% | +$2.17M |
|
|
HEES
1812
PUT
DELISTED
H&E Equipment Services
HEES
| $18.5M | ﹤0.01% |
195,000
+171,900
| +744% | +$15M |
|
|
SKX
1813
PUT
DELISTED
Skechers
SKX
| $18.5M | ﹤0.01% |
325,400
+98,600
| +43% | +$6.41M |
|
1814
CALL
Huntington Bancshares
HBAN
$36.2B
| $18.5M | ﹤0.01% |
1,229,400
-224,600
| -15% | -$3.62M |
|
1815
PUT
Celanese
CE
$4.97B
| $18.4M | ﹤0.01% |
324,700
-101,500
| -24% | -$6.34M |
|
1816
Trip.com Group
TCOM
$28.2B
| $18.4M | ﹤0.01% |
289,883
+4,333
| +2% | +$284K |
|
1817
CleanSpark
CLSK
$2.96B
| $18.4M | ﹤0.01% |
2,742,170
-222,633
| -8% | -$2.11M |
|
1818
T. Rowe Price
TROW
$23.5B
| $18.4M | ﹤0.01% |
200,425
+78,037
| +64% | +$8.25M |
|
1819
PUT
Invesco S&P 500 High Beta ETF
SPHB
$954M
| $18.4M | ﹤0.01% |
235,200
+231,100
| +5,637% | +$20.3M |
|
1820
CALL
GSK
GSK
$98.4B
| $18.4M | ﹤0.01% |
475,100
-274,000
| -37% | -$10M |
|
1821
Amplify Junior Silver Miners ETF
SILJ
$3.96B
| $18.4M | ﹤0.01% |
1,518,293
-606,965
| -29% | -$6.86M |
|
1822
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $18.4M | ﹤0.01% |
337,693
+41,705
| +14% | +$2.23M |
|
|
MSTX
1823
PUT
Defiance Daily Target 2x Long MSTR ETF
MSTX
$125M
| $18.3M | ﹤0.01% |
71,090
-16,270
| -19% | -$6.17M |
|
1824
AES
AES
$10.5B
| $18.3M | ﹤0.01% |
1,476,497
+252,784
| +21% | +$2.92M |
|
1825
CALL
Public Storage
PSA
$61.2B
| $18.3M | ﹤0.01% |
61,200
+17,400
| +40% | +$5.2M |
|
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.