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 | |
|---|---|---|---|---|---|---|
1851
FedEx
FDX
$79.5B
| $17.8M | ﹤0.01% |
73,044
-42,234
| -37% | -$10.9M |
|
1852
Dollar General
DG
$27.3B
| $17.8M | ﹤0.01% |
202,391
-168,944
| -45% | -$12.8M |
|
1853
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.39B
| $17.8M | ﹤0.01% |
80,104
+45,204
| +130% | +$11.1M |
|
1854
PUT
Universal Health Services
UHS
$10B
| $17.7M | ﹤0.01% |
94,400
+67,600
| +252% | +$12.3M |
|
1855
CALL
Pan American Silver
PAAS
$20B
| $17.7M | ﹤0.01% |
685,600
-606,400
| -47% | -$14.5M |
|
1856
CALL
Symbotic
SYM
$5.54B
| $17.7M | ﹤0.01% |
876,100
+90,500
| +12% | +$2.31M |
|
1857
CALL
Rubrik
RBRK
$21.1B
| $17.7M | ﹤0.01% |
290,300
-168,000
| -37% | -$11.5M |
|
1858
PUT
Roper Technologies
ROP
$39.4B
| $17.7M | ﹤0.01% |
30,000
+11,200
| +60% | +$6.29M |
|
1859
Futu Holdings
FUTU
$14.7B
| $17.6M | ﹤0.01% |
172,226
+19,595
| +13% | +$2.01M |
|
1860
SoundHound AI
SOUN
$3.35B
| $17.6M | ﹤0.01% |
2,169,984
+2,025,332
| +1,400% | +$25.2M |
|
1861
CALL
ArcelorMittal
MT
$55.5B
| $17.5M | ﹤0.01% |
608,300
+93,900
| +18% | +$2.59M |
|
1862
CALL
Globe Life
GL
$14.1B
| $17.5M | ﹤0.01% |
133,200
+18,900
| +17% | +$2.31M |
|
1863
CALL
Toll Brothers
TOL
$13.8B
| $17.5M | ﹤0.01% |
166,000
-203,700
| -55% | -$24.5M |
|
1864
CALL
Lumentum
LITE
$81.9B
| $17.5M | ﹤0.01% |
280,900
-44,300
| -14% | -$3.41M |
|
1865
PUT
Papa John's
PZZA
$797M
| $17.5M | ﹤0.01% |
425,800
+206,100
| +94% | +$8.81M |
|
1866
Sable Offshore Corp
SOC
$798M
| $17.5M | ﹤0.01% |
688,687
+370,324
| +116% | +$9.48M |
|
1867
PUT
BridgeBio Pharma
BBIO
$15.6B
| $17.5M | ﹤0.01% |
505,300
-51,400
| -9% | -$1.73M |
|
1868
Bunge Global
BG
$21.7B
| $17.5M | ﹤0.01% |
228,414
+123,821
| +118% | +$9.27M |
|
1869
PUT
Agilent Technologies
A
$42B
| $17.5M | ﹤0.01% |
149,200
-9,800
| -6% | -$1.32M |
|
1870
PUT
Blue Owl Capital
OWL
$19.3B
| $17.4M | ﹤0.01% |
870,400
+164,700
| +23% | +$3.7M |
|
1871
State Street Communication Services Select Sector SPDR ETF
XLC
$22.9B
| $17.4M | ﹤0.01% |
180,766
+165,487
| +1,083% | +$16.5M |
|
1872
CALL
Vanguard Morningstar Value ETF
VTV
$194B
| $17.4M | ﹤0.01% |
100,800
+46,900
| +87% | +$8.18M |
|
1873
Skyworks Solutions
SWKS
$10.4B
| $17.4M | ﹤0.01% |
268,665
+130,497
| +94% | +$9.94M |
|
1874
CALL
Huntington Ingalls Industries
HII
$12.9B
| $17.4M | ﹤0.01% |
85,100
+16,200
| +24% | +$3.07M |
|
1875
CALL
Check Point Software Technologies
CHKP
$13.5B
| $17.3M | ﹤0.01% |
76,100
+7,100
| +10% | +$1.5M |
|
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.