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 | |
|---|---|---|---|---|---|---|
|
SPYM
2126
PUT
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $13.9M | ﹤0.01% |
211,600
-58,100
| -22% | -$4.02M |
|
2127
CALL
Peloton Interactive
PTON
$2.47B
| $13.9M | ﹤0.01% |
2,201,600
-1,509,800
| -41% | -$11.9M |
|
2128
PUT
CRISPR Therapeutics
CRSP
$5.18B
| $13.9M | ﹤0.01% |
408,600
-126,000
| -24% | -$5.34M |
|
2129
Etsy
ETSY
$7.33B
| $13.9M | ﹤0.01% |
294,680
+191,433
| +185% | +$9.8M |
|
2130
PUT
SentinelOne
S
$7.92B
| $13.9M | ﹤0.01% |
764,000
-314,900
| -29% | -$6.83M |
|
2131
Vanguard Russell 2000 ETF
VTWO
$17.6B
| $13.9M | ﹤0.01% |
172,135
+126,375
| +276% | +$11.1M |
|
2132
PUT
Trane Technologies
TT
$106B
| $13.9M | ﹤0.01% |
41,200
-42,500
| -51% | -$15.4M |
|
2133
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $13.9M | ﹤0.01% |
134,298
+85,174
| +173% | +$9.66M |
|
2134
CALL
Kyndryl
KD
$2.87B
| $13.9M | ﹤0.01% |
441,400
-782,100
| -64% | -$29.3M |
|
2135
iShares California Muni Bond ETF
CMF
$4.62B
| $13.8M | ﹤0.01% |
+245,782
| New | +$14M |
|
2136
iShares Emerging Markets Dividend ETF
DVYE
$1.21B
| $13.8M | ﹤0.01% |
506,750
-183,103
| -27% | -$4.88M |
|
2137
AstraZeneca
AZN
$243B
| $13.8M | ﹤0.01% |
93,954
-183,667
| -66% | -$26.6M |
|
2138
CALL
Bank OZK
OZK
$5.72B
| $13.8M | ﹤0.01% |
317,600
-7,700
| -2% | -$364K |
|
2139
Oxford Industries
OXM
$543M
| $13.8M | ﹤0.01% |
235,104
+169,662
| +259% | +$12.2M |
|
2140
CALL
Ormat Technologies
ORA
$7.06B
| $13.8M | ﹤0.01% |
194,500
+177,500
| +1,044% | +$12M |
|
2141
PUT
ACM Research
ACMR
$5.6B
| $13.7M | ﹤0.01% |
589,000
-192,600
| -25% | -$4.4M |
|
|
BRSL
2142
CALL
Brightstar Lottery PLC
BRSL
$2.17B
| $13.7M | ﹤0.01% |
844,300
+261,500
| +45% | +$4.51M |
|
2143
Mondelez International
MDLZ
$81.2B
| $13.7M | ﹤0.01% |
202,084
-609,498
| -75% | -$37.6M |
|
2144
CALL
Carrier Global
CARR
$51.8B
| $13.7M | ﹤0.01% |
216,200
-695,400
| -76% | -$46.2M |
|
2145
Rio Tinto
RIO
$156B
| $13.7M | ﹤0.01% |
227,957
+41,717
| +22% | +$2.57M |
|
2146
CALL
Jazz Pharmaceuticals
JAZZ
$15.9B
| $13.7M | ﹤0.01% |
110,200
+57,400
| +109% | +$7.49M |
|
|
GOGL
2147
DELISTED
Golden Ocean Group
GOGL
| $13.7M | ﹤0.01% |
1,712,776
+1,659,839
| +3,135% | +$14.7M |
|
2148
Cadence Design Systems
CDNS
$89.5B
| $13.7M | ﹤0.01% |
53,678
-62,656
| -54% | -$17.4M |
|
2149
Carlisle Companies
CSL
$14.7B
| $13.6M | ﹤0.01% |
40,081
+14,566
| +57% | +$5.22M |
|
2150
CALL
Plug Power
PLUG
$3.24B
| $13.6M | ﹤0.01% |
10,107,400
+7,702,800
| +320% | +$14.6M |
|
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.