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 | |
|---|---|---|---|---|---|---|
2751
Molina Healthcare
MOH
$11.1B
| $8.49M | ﹤0.01% |
25,767
-47,502
| -65% | -$14.3M |
|
2752
ProShares Ultra Silver
AGQ
$1.43B
| $8.49M | ﹤0.01% |
+183,854
| New | +$7.54M |
|
2753
10x Genomics
TXG
$7.31B
| $8.45M | ﹤0.01% |
967,751
+879,491
| +996% | +$11.1M |
|
2754
iShares S&P 500 Growth ETF
IVW
$77.6B
| $8.44M | ﹤0.01% |
+90,950
| New | +$9.17M |
|
2755
Liberty Broadband Class A
LBRDA
$5.21B
| $8.44M | ﹤0.01% |
99,322
+638
| +0.6% | +$50.9K |
|
2756
PUT
Nexstar Media Group
NXST
$5.84B
| $8.44M | ﹤0.01% |
47,100
+5,700
| +14% | +$922K |
|
2757
MKS Inc
MKSI
$21B
| $8.44M | ﹤0.01% |
105,267
+86,432
| +459% | +$8.73M |
|
|
FLG
2758
Flagstar Bank National Association
FLG
$5.92B
| $8.44M | ﹤0.01% |
726,064
+245,325
| +51% | +$2.76M |
|
2759
PUT
Brown & Brown
BRO
$23.6B
| $8.43M | ﹤0.01% |
+67,800
| New | +$7.58M |
|
2760
VeriSign
VRSN
$25.7B
| $8.43M | ﹤0.01% |
33,212
-10,234
| -24% | -$2.33M |
|
2761
PUT
Magna International
MGA
$18.8B
| $8.43M | ﹤0.01% |
248,000
+133,000
| +116% | +$5.11M |
|
|
VNET
2762
CALL
VNET Group
VNET
$2.16B
| $8.43M | ﹤0.01% |
1,027,600
+942,400
| +1,106% | +$8.64M |
|
2763
American Tower
AMT
$81.8B
| $8.4M | ﹤0.01% |
38,618
-193,523
| -83% | -$38M |
|
2764
PUT
Franklin Resources
BEN
$17.2B
| $8.39M | ﹤0.01% |
436,100
+125,100
| +40% | +$2.51M |
|
2765
Phillips 66
PSX
$93.2B
| $8.39M | ﹤0.01% |
67,976
-296,086
| -81% | -$36.5M |
|
2766
CALL
Ventas
VTR
$46.9B
| $8.38M | ﹤0.01% |
121,900
-15,500
| -11% | -$990K |
|
2767
Glacier Bancorp
GBCI
$6.5B
| $8.37M | ﹤0.01% |
189,207
+127,725
| +208% | +$6.15M |
|
2768
PUT
Eos Energy Enterprises
EOSE
$1.46B
| $8.36M | ﹤0.01% |
2,212,600
+545,000
| +33% | +$2.66M |
|
2769
CALL
Bitwise Bitcoin ETF
BITB
$2.41B
| $8.36M | ﹤0.01% |
186,200
-74,200
| -28% | -$3.76M |
|
2770
PUT
Arthur J. Gallagher & Co
AJG
$64.4B
| $8.35M | ﹤0.01% |
24,200
-78,500
| -76% | -$24.8M |
|
2771
Duke Energy
DUK
$96.6B
| $8.35M | ﹤0.01% |
68,488
-342,098
| -83% | -$39M |
|
|
TBRG
2772
DELISTED
TruBridge
TBRG
| $8.34M | ﹤0.01% |
303,198
+93,327
| +44% | +$2.43M |
|
2773
Cintas
CTAS
$79.8B
| $8.34M | ﹤0.01% |
40,588
-248,246
| -86% | -$49.5M |
|
2774
CALL
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.29B
| $8.34M | ﹤0.01% |
116,400
+16,300
| +16% | +$1.14M |
|
2775
CALL
Jackson Financial
JXN
$9.17B
| $8.34M | ﹤0.01% |
99,500
+4,500
| +5% | +$400K |
|
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.