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 | |
|---|---|---|---|---|---|---|
3026
PUT
Jazz Pharmaceuticals
JAZZ
$15.9B
| $7.05M | ﹤0.01% |
56,800
+21,600
| +61% | +$2.82M |
|
3027
CALL
UBS Group
UBS
$176B
| $7.05M | ﹤0.01% |
230,200
-500,900
| -69% | -$16.7M |
|
3028
CALL
Madison Square Garden
MSGS
$9.8B
| $7.05M | ﹤0.01% |
36,200
+19,200
| +113% | +$3.97M |
|
3029
Macerich
MAC
$7.01B
| $7.04M | ﹤0.01% |
409,951
+304,258
| +288% | +$5.82M |
|
3030
CALL
Zebra Technologies
ZBRA
$17.8B
| $7.04M | ﹤0.01% |
24,900
-2,700
| -10% | -$923K |
|
3031
Motorola Solutions
MSI
$77.2B
| $7.03M | ﹤0.01% |
16,050
-45,707
| -74% | -$20.4M |
|
3032
PUT
Corebridge Financial
CRBG
$15.4B
| $7.02M | ﹤0.01% |
222,500
-146,200
| -40% | -$4.73M |
|
3033
CALL
BBVA Argentina
BBAR
$3.13B
| $7.02M | ﹤0.01% |
387,500
-256,200
| -40% | -$5.22M |
|
3034
RUM Group Inc
RUM
$3.7B
| $7.02M | ﹤0.01% |
992,748
+574,913
| +138% | +$6M |
|
|
TXNM
3035
TXNM Energy Inc
TXNM
$5.91B
| $7.02M | ﹤0.01% |
131,217
+72,697
| +124% | +$3.65M |
|
3036
PUT
Vital Farms
VITL
$468M
| $7.02M | ﹤0.01% |
230,300
+219,400
| +2,013% | +$7.89M |
|
3037
Antero Resources
AR
$11.5B
| $7.01M | ﹤0.01% |
173,294
-39,066
| -18% | -$1.5M |
|
3038
Dimensional US Small Cap ETF
DFAS
$16B
| $6.99M | ﹤0.01% |
+117,050
| New | +$7.53M |
|
3039
Champion Homes
SKY
$5.13B
| $6.99M | ﹤0.01% |
73,744
+35,447
| +93% | +$3.4M |
|
3040
AdaptHealth
AHCO
$775M
| $6.99M | ﹤0.01% |
644,484
+199,958
| +45% | +$2.01M |
|
|
PRA
3041
PUT
DELISTED
ProAssurance
PRA
| $6.98M | ﹤0.01% |
299,000
+54,000
| +22% | +$875K |
|
3042
CALL
Lear
LEA
$8.32B
| $6.98M | ﹤0.01% |
79,100
+10,100
| +15% | +$958K |
|
|
PRMB
3043
CALL
Primo Brands
PRMB
$8.94B
| $6.97M | ﹤0.01% |
196,500
+139,800
| +247% | +$4.57M |
|
3044
Installed Building Products
IBP
$6.39B
| $6.97M | ﹤0.01% |
40,668
+19,664
| +94% | +$3.55M |
|
3045
Q2 Holdings
QTWO
$4.04B
| $6.97M | ﹤0.01% |
87,135
+49,162
| +129% | +$4.34M |
|
3046
Laureate Education
LAUR
$5.18B
| $6.97M | ﹤0.01% |
340,856
+168,543
| +98% | +$3.26M |
|
3047
CALL
Brookfield Renewable
BEP
$10.4B
| $6.96M | ﹤0.01% |
314,200
+234,000
| +292% | +$5.23M |
|
3048
CALL
ARK 21Shares Bitcoin ETF
ARKB
$2.4B
| $6.96M | ﹤0.01% |
254,100
-200,400
| -44% | -$6.21M |
|
|
BCPC
3049
Balchem Corp
BCPC
$5.69B
| $6.95M | ﹤0.01% |
41,893
+27,691
| +195% | +$4.54M |
|
3050
CALL
Amplify Junior Silver Miners ETF
SILJ
$3.95B
| $6.95M | ﹤0.01% |
573,500
+467,000
| +438% | +$5.27M |
|
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.