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 | |
|---|---|---|---|---|---|---|
2976
FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
$3.48B
| $7.27M | ﹤0.01% |
143,874
+54,178
| +60% | +$2.75M |
|
2977
NiSource
NI
$20.4B
| $7.27M | ﹤0.01% |
181,290
-44,098
| -20% | -$1.7M |
|
2978
Associated Banc-Corp
ASB
$6.11B
| $7.26M | ﹤0.01% |
322,290
+210,920
| +189% | +$5.06M |
|
2979
Broadstone Net Lease
BNL
$4.38B
| $7.26M | ﹤0.01% |
426,067
-29,775
| -7% | -$483K |
|
2980
First Trust Smith Unconstrained Bond ETF
UCON
$3.28B
| $7.24M | ﹤0.01% |
292,453
+282,197
| +2,752% | +$6.98M |
|
2981
Vestis
VSTS
$1.76B
| $7.24M | ﹤0.01% |
730,872
+707,328
| +3,004% | +$9.39M |
|
2982
CALL
Credit Acceptance
CACC
$6.1B
| $7.23M | ﹤0.01% |
14,000
+3,600
| +35% | +$1.78M |
|
2983
PUT
Herc Holdings
HRI
$5.8B
| $7.22M | ﹤0.01% |
53,800
+40,100
| +293% | +$6.83M |
|
2984
Hamilton Lane
HLNE
$5.74B
| $7.22M | ﹤0.01% |
48,537
+16,350
| +51% | +$2.49M |
|
2985
PUT
Labcorp
LH
$25.8B
| $7.21M | ﹤0.01% |
31,000
-86,000
| -74% | -$20.9M |
|
2986
Dow Inc
DOW
$22.4B
| $7.21M | ﹤0.01% |
206,569
-510,550
| -71% | -$19.6M |
|
2987
Teledyne Technologies
TDY
$31.5B
| $7.21M | ﹤0.01% |
14,486
-5,781
| -29% | -$2.86M |
|
2988
Commercial Metals
CMC
$7.92B
| $7.21M | ﹤0.01% |
156,654
+84,369
| +117% | +$4.1M |
|
2989
Arthur J. Gallagher & Co
AJG
$64.4B
| $7.2M | ﹤0.01% |
20,867
-131,232
| -86% | -$41.5M |
|
2990
Kratos Defense & Security Solutions
KTOS
$12.1B
| $7.2M | ﹤0.01% |
242,366
-94,033
| -28% | -$2.85M |
|
2991
PUT
Plug Power
PLUG
$3.24B
| $7.19M | ﹤0.01% |
5,328,600
-864,500
| -14% | -$1.64M |
|
2992
PUT
Lucid Motors
LCID
$2.45B
| $7.19M | ﹤0.01% |
297,070
-360,710
| -55% | -$9.64M |
|
|
MSTZ
2993
CALL
T-Rex 2X Inverse MSTR Daily Target ETF
MSTZ
$103M
| $7.19M | ﹤0.01% |
512,300
+285,700
| +126% | +$5.01M |
|
2994
Star Bulk Carriers
SBLK
$3.24B
| $7.19M | ﹤0.01% |
461,912
-204,926
| -31% | -$3.2M |
|
2995
Merit Medical Systems
MMSI
$5.42B
| $7.18M | ﹤0.01% |
67,962
+33,011
| +94% | +$3.41M |
|
2996
PUT
Ametek
AME
$58.4B
| $7.18M | ﹤0.01% |
41,700
+37,200
| +827% | +$6.76M |
|
2997
Powell Industries
POWL
$7.78B
| $7.17M | ﹤0.01% |
126,231
+29,997
| +31% | +$2.09M |
|
2998
PUT
AllianceBernstein
AB
$3.41B
| $7.16M | ﹤0.01% |
187,000
+129,300
| +224% | +$4.87M |
|
|
SII
2999
Sprott
SII
$3B
| $7.15M | ﹤0.01% |
159,454
+79,459
| +99% | +$3.42M |
|
|
SKX
3000
CALL
DELISTED
Skechers
SKX
| $7.15M | ﹤0.01% |
125,900
-51,000
| -29% | -$3.32M |
|
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.