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 | |
|---|---|---|---|---|---|---|
|
FL
2151
DELISTED
Foot Locker
FL
| $13.6M | ﹤0.01% |
966,513
+553,189
| +134% | +$10.3M |
|
|
FITB
2152
CALL
Fifth Third Bancorp
FITB
$52.7B
| $13.6M | ﹤0.01% |
347,500
-490,900
| -59% | -$20.7M |
|
2153
Corcept Therapeutics
CORT
$12.4B
| $13.6M | ﹤0.01% |
119,230
+82,496
| +225% | +$5.02M |
|
2154
PUT
Grayscale Bitcoin Trust
GBTC
$9.44B
| $13.6M | ﹤0.01% |
208,900
+151,000
| +261% | +$11.1M |
|
2155
Sony
SONY
$142B
| $13.6M | ﹤0.01% |
535,717
+382,833
| +250% | +$8.85M |
|
2156
PUT
Sysco
SYY
$39.7B
| $13.6M | ﹤0.01% |
181,200
+60,500
| +50% | +$4.43M |
|
|
EMBJ
2157
Embraer S.A. ADS
EMBJ
$13.4B
| $13.6M | ﹤0.01% |
+294,044
| New | +$13.1M |
|
2158
CALL
TransUnion
TRU
$15.4B
| $13.6M | ﹤0.01% |
163,500
-103,100
| -39% | -$9.42M |
|
2159
iShares Biotechnology ETF
IBB
$9.73B
| $13.5M | ﹤0.01% |
105,933
+17,743
| +20% | +$2.41M |
|
2160
PUT
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.39B
| $13.5M | ﹤0.01% |
96,700
+92,600
| +2,259% | +$13.8M |
|
2161
PUT
HEICO Corp
HEI
$52.4B
| $13.5M | ﹤0.01% |
50,700
-29,600
| -37% | -$7.21M |
|
2162
PUT
Universal Display
OLED
$4.09B
| $13.5M | ﹤0.01% |
97,100
+51,400
| +112% | +$7.68M |
|
2163
Matthews Emerging Markets Equity Active ETF
MEM
$53.2M
| $13.5M | ﹤0.01% |
461,966
+389,387
| +537% | +$11.5M |
|
2164
CALL
SS&C Technologies
SSNC
$19.1B
| $13.5M | ﹤0.01% |
162,100
+15,800
| +11% | +$1.31M |
|
2165
CALL
International Flavors & Fragrances
IFF
$21.5B
| $13.5M | ﹤0.01% |
174,300
-263,400
| -60% | -$21.7M |
|
2166
CALL
Applied Digital
APLD
$8.98B
| $13.5M | ﹤0.01% |
2,400,400
+524,400
| +28% | +$4.12M |
|
2167
PUT
Invesco Solar ETF
TAN
$1.36B
| $13.5M | ﹤0.01% |
442,700
-135,700
| -23% | -$4.54M |
|
2168
CALL
Matador Resources
MTDR
$6.64B
| $13.4M | ﹤0.01% |
263,000
-365,600
| -58% | -$20.2M |
|
2169
PUT
Globe Life
GL
$14.1B
| $13.4M | ﹤0.01% |
102,000
+49,800
| +95% | +$6.09M |
|
2170
CALL
-1x Short VIX Futures ETF
SVIX
$173M
| $13.4M | ﹤0.01% |
660,300
-124,800
| -16% | -$3.01M |
|
2171
PUT
iShares MSCI India ETF
INDA
$6.56B
| $13.4M | ﹤0.01% |
260,800
+90,400
| +53% | +$4.55M |
|
2172
CALL
Dynatrace
DT
$14.2B
| $13.4M | ﹤0.01% |
284,700
-111,700
| -28% | -$6.11M |
|
|
2173
CALL
Universal Display
OLED
$4.09B
| $13.4M | ﹤0.01% |
96,000
-36,600
| -28% | -$5.47M |
|
2174
CALL
Diageo
DEO
$53.1B
| $13.4M | ﹤0.01% |
127,700
-24,300
| -16% | -$2.75M |
|
2175
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $13.4M | ﹤0.01% |
60,100
+4,800
| +9% | +$1.18M |
|
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.