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 | |
|---|---|---|---|---|---|---|
2051
CALL
Bitdeer Technologies
BTDR
$2.47B
| $14.9M | ﹤0.01% |
1,688,800
-877,000
| -34% | -$13.1M |
|
2052
PUT
Boston Properties
BXP
$10.9B
| $14.9M | ﹤0.01% |
221,900
-72,100
| -25% | -$5.06M |
|
2053
CALL
Credo Technology Group
CRDO
$48B
| $14.9M | ﹤0.01% |
371,200
-341,400
| -48% | -$21.2M |
|
2054
Cenovus Energy
CVE
$57.3B
| $14.9M | ﹤0.01% |
1,071,473
+581,851
| +119% | +$8.38M |
|
2055
CALL
SharkNinja
SN
$26.2B
| $14.9M | ﹤0.01% |
178,300
+13,600
| +8% | +$1.38M |
|
2056
NRG Energy
NRG
$26.4B
| $14.9M | ﹤0.01% |
155,750
+50,403
| +48% | +$5.1M |
|
2057
PUT
Logitech
LOGI
$14.8B
| $14.8M | ﹤0.01% |
175,900
+44,500
| +34% | +$4.19M |
|
2058
PUT
Jabil
JBL
$38.2B
| $14.8M | ﹤0.01% |
109,100
-175,500
| -62% | -$27M |
|
2059
Amphenol
APH
$207B
| $14.8M | ﹤0.01% |
226,094
-273,812
| -55% | -$18.7M |
|
2060
PUT
Nextpower Inc
NXT
$15.5B
| $14.8M | ﹤0.01% |
351,900
+266,400
| +312% | +$11.8M |
|
2061
Scorpio Tankers
STNG
$3.97B
| $14.8M | ﹤0.01% |
393,881
+191,437
| +95% | +$8.57M |
|
|
AMTM
2062
PUT
Amentum Holdings
AMTM
$5.25B
| $14.8M | ﹤0.01% |
813,100
+119,200
| +17% | +$2.43M |
|
2063
CALL
WillScot Mobile Mini Holdings
WSC
$4.36B
| $14.8M | ﹤0.01% |
532,100
-846,500
| -61% | -$28.8M |
|
2064
CALL
NetEase
NTES
$79.9B
| $14.8M | ﹤0.01% |
143,700
-215,600
| -60% | -$21.7M |
|
2065
The Ensign Group
ENSG
$10.6B
| $14.8M | ﹤0.01% |
114,172
+17,701
| +18% | +$2.34M |
|
2066
CALL
GlobalFoundries
GFS
$29.8B
| $14.8M | ﹤0.01% |
400,000
-62,600
| -14% | -$2.53M |
|
2067
CALL
Boot Barn
BOOT
$4.95B
| $14.8M | ﹤0.01% |
137,300
+91,600
| +200% | +$12.2M |
|
|
JOYY
2068
PUT
JOYY Inc
JOYY
$3.69B
| $14.7M | ﹤0.01% |
351,100
+238,800
| +213% | +$10.7M |
|
2069
PUT
Veralto
VLTO
$23.8B
| $14.7M | ﹤0.01% |
150,800
+107,900
| +252% | +$10.8M |
|
|
ECHO
2070
PUT
EchoStar
ECHO
$26.6B
| $14.7M | ﹤0.01% |
574,100
-89,000
| -13% | -$2.42M |
|
2071
CALL
Booz Allen Hamilton
BAH
$9.3B
| $14.6M | ﹤0.01% |
140,000
+6,300
| +5% | +$759K |
|
|
2072
CALL
Nextpower Inc
NXT
$15.5B
| $14.6M | ﹤0.01% |
347,200
+189,900
| +121% | +$8.44M |
|
2073
PUT
Grab
GRAB
$14.8B
| $14.6M | ﹤0.01% |
3,229,600
+1,058,400
| +49% | +$4.94M |
|
2074
PUT
Kyndryl
KD
$2.88B
| $14.5M | ﹤0.01% |
463,300
+113,700
| +33% | +$4.26M |
|
2075
PUT
TripAdvisor
TRIP
$1.26B
| $14.5M | ﹤0.01% |
1,026,600
+27,400
| +3% | +$429K |
|
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.