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 | |
|---|---|---|---|---|---|---|
2926
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$273M
| $7.5M | ﹤0.01% |
63,986
+48,754
| +320% | +$5.04M |
|
2927
CALL
Semtech
SMTC
$13.1B
| $7.5M | ﹤0.01% |
217,900
+81,600
| +60% | +$4.03M |
|
2928
CALL
ZTO Express
ZTO
$17.4B
| $7.5M | ﹤0.01% |
377,800
-453,400
| -55% | -$8.85M |
|
2929
PUT
Manhattan Associates
MANH
$11.5B
| $7.49M | ﹤0.01% |
43,300
+34,100
| +371% | +$7.1M |
|
2930
PUT
Global X Silver Miners ETF NEW
SIL
$4.79B
| $7.49M | ﹤0.01% |
189,900
-35,500
| -16% | -$1.28M |
|
2931
Loews
L
$23.1B
| $7.49M | ﹤0.01% |
81,473
-46,393
| -36% | -$3.97M |
|
2932
PUT
PureCycle Technologies
PCT
$1.4B
| $7.49M | ﹤0.01% |
1,081,700
+743,200
| +220% | +$6.68M |
|
2933
Leggett & Platt
LEG
$1.32B
| $7.48M | ﹤0.01% |
945,667
+902,973
| +2,115% | +$8.56M |
|
2934
CALL
Protagonist Therapeutics
PTGX
$10B
| $7.47M | ﹤0.01% |
154,500
+105,500
| +215% | +$4.42M |
|
2935
iShares MSCI Germany ETF
EWG
$1.68B
| $7.46M | ﹤0.01% |
201,290
+61,178
| +44% | +$2.19M |
|
2936
CBIZ
CBZ
$2.96B
| $7.45M | ﹤0.01% |
98,216
+23,971
| +32% | +$1.93M |
|
2937
VanEck Intermediate Muni ETF
ITM
$2.13B
| $7.45M | ﹤0.01% |
+163,658
| New | +$7.53M |
|
2938
CALL
DHT Holdings
DHT
$3.15B
| $7.45M | ﹤0.01% |
709,100
+247,300
| +54% | +$2.66M |
|
2939
CALL
Viatris
VTRS
$18.6B
| $7.45M | ﹤0.01% |
854,800
-158,600
| -16% | -$1.67M |
|
2940
PUT
Jackson Financial
JXN
$9.17B
| $7.44M | ﹤0.01% |
88,800
+5,600
| +7% | +$497K |
|
2941
PUT
Beyond Meat
BYND
$232M
| $7.43M | ﹤0.01% |
81,243
-10,777
| -12% | -$1.19M |
|
2942
State Street Health Care Select Sector SPDR ETF
XLV
$43.8B
| $7.43M | ﹤0.01% |
50,857
-237,922
| -82% | -$34.6M |
|
2943
PUT
Tradr TSLA Bear Daily ETF
TSLQ
$98.6M
| $7.42M | ﹤0.01% |
+54,033
| New | +$6.11M |
|
2944
Monster Beverage
MNST
$91.7B
| $7.42M | ﹤0.01% |
253,520
-820,516
| -76% | -$21.4M |
|
2945
CALL
Avantor
AVTR
$9.24B
| $7.42M | ﹤0.01% |
457,600
-125,000
| -21% | -$2.37M |
|
2946
CALL
Group 1 Automotive
GPI
$3.15B
| $7.41M | ﹤0.01% |
19,400
-164,000
| -89% | -$71.9M |
|
2947
PUT
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $7.41M | ﹤0.01% |
+145,700
| New | +$7.37M |
|
|
ZK
2948
CALL
DELISTED
Zeekr
ZK
| $7.41M | ﹤0.01% |
307,400
+152,100
| +98% | +$4.04M |
|
2949
CALL
Fortuna Silver Mines
FSM
$3.16B
| $7.4M | ﹤0.01% |
1,213,900
+628,900
| +108% | +$3.13M |
|
2950
CME Group
CME
$97B
| $7.4M | ﹤0.01% |
27,891
-213,557
| -88% | -$52.7M |
|
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.