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 | |
|---|---|---|---|---|---|---|
3076
Fidelity MSCI Information Technology Index ETF
FTEC
$21.5B
| $6.85M | ﹤0.01% |
42,455
+12,436
| +41% | +$2.23M |
|
3077
PUT
IQVIA
IQV
$39B
| $6.84M | ﹤0.01% |
38,800
+21,500
| +124% | +$4.17M |
|
3078
PUT
Noble Corp
NE
$7.2B
| $6.83M | ﹤0.01% |
288,200
-159,600
| -36% | -$4.57M |
|
3079
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $6.82M | ﹤0.01% |
148,284
+76,896
| +108% | +$3.79M |
|
3080
Aptiv
APTV
$10.3B
| $6.82M | ﹤0.01% |
114,638
-75,300
| -40% | -$4.77M |
|
3081
Toll Brothers
TOL
$13.9B
| $6.82M | ﹤0.01% |
64,590
-90,156
| -58% | -$10.8M |
|
3082
CALL
B&G Foods
BGS
$294M
| $6.82M | ﹤0.01% |
992,700
+164,800
| +20% | +$1.1M |
|
3083
NVR
NVR
$16.8B
| $6.82M | ﹤0.01% |
941
-892
| -49% | -$6.78M |
|
3084
CALL
Main Street Capital
MAIN
$5.5B
| $6.82M | ﹤0.01% |
120,500
+2,600
| +2% | +$155K |
|
3085
CALL
Wolfspeed
WOLF
$1.65B
| $6.81M | ﹤0.01% |
2,226,800
+160,800
| +8% | +$940K |
|
3086
CALL
Trupanion
TRUP
$1.34B
| $6.81M | ﹤0.01% |
182,800
-80,500
| -31% | -$3.35M |
|
3087
PUT
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
| $6.81M | ﹤0.01% |
33,700
-430,600
| -93% | -$92M |
|
3088
Rambus
RMBS
$10.9B
| $6.81M | ﹤0.01% |
131,497
+85,824
| +188% | +$5.04M |
|
|
SFBS
3089
ServisFirst Bancshares
SFBS
$4.99B
| $6.8M | ﹤0.01% |
82,373
+42,310
| +106% | +$3.68M |
|
3090
American Healthcare REIT
AHR
$10.5B
| $6.8M | ﹤0.01% |
224,452
-177,518
| -44% | -$5.12M |
|
3091
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.26B
| $6.8M | ﹤0.01% |
295,145
+277,709
| +1,593% | +$6.52M |
|
3092
PUT
Harrow
HROW
$1.5B
| $6.8M | ﹤0.01% |
255,600
-175,200
| -41% | -$5.24M |
|
3093
InterDigital
IDCC
$8.87B
| $6.8M | ﹤0.01% |
32,866
-32,832
| -50% | -$6.61M |
|
3094
PUT
Asana
ASAN
$2.11B
| $6.79M | ﹤0.01% |
466,300
+10,200
| +2% | +$193K |
|
3095
PUT
Core & Main
CNM
$8.61B
| $6.79M | ﹤0.01% |
140,600
+79,700
| +131% | +$4.13M |
|
3096
NextDecade
NEXT
$1.91B
| $6.79M | ﹤0.01% |
872,117
+671,702
| +335% | +$5.42M |
|
3097
CALL
Canadian National Railway
CNI
$76.7B
| $6.78M | ﹤0.01% |
69,600
+39,200
| +129% | +$3.96M |
|
|
3098
PUT
Wolfspeed
WOLF
$1.65B
| $6.78M | ﹤0.01% |
2,216,600
+552,900
| +33% | +$3.23M |
|
3099
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73.9M
| $6.78M | ﹤0.01% |
+99,700
| New | +$6.79M |
|
|
ARR
3100
PUT
Armour Residential REIT
ARR
$2.37B
| $6.78M | ﹤0.01% |
396,300
+186,600
| +89% | +$3.48M |
|
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.