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 | |
|---|---|---|---|---|---|---|
3126
PUT
Frontline
FRO
$9.17B
| $6.69M | ﹤0.01% |
450,200
+48,600
| +12% | +$803K |
|
3127
CALL
New Fortress Energy
NFE
$92.6M
| $6.68M | ﹤0.01% |
804,300
+7,900
| +1% | +$97.3K |
|
3128
iShares 0-3 Month Treasury Bond ETF
SGOV
$101B
| $6.68M | ﹤0.01% |
+66,349
| New | +$6.67M |
|
3129
Ameris Bancorp
ABCB
$6.02B
| $6.68M | ﹤0.01% |
116,000
+78,895
| +213% | +$4.92M |
|
3130
CALL
Vera Therapeutics
VERA
$2.28B
| $6.68M | ﹤0.01% |
278,000
+254,000
| +1,058% | +$8.16M |
|
|
HBI
3131
CALL
DELISTED
Hanesbrands
HBI
| $6.67M | ﹤0.01% |
1,156,400
-281,100
| -20% | -$1.97M |
|
3132
Unity
U
$20.4B
| $6.66M | ﹤0.01% |
340,030
-4,384,166
| -93% | -$99M |
|
3133
Harmony Gold Mining
HMY
$12.1B
| $6.66M | ﹤0.01% |
450,982
+281,539
| +166% | +$3.14M |
|
|
CMA
3134
DELISTED
Comerica
CMA
| $6.66M | ﹤0.01% |
112,776
-95,550
| -46% | -$6M |
|
3135
CALL
UGI
UGI
$7.59B
| $6.66M | ﹤0.01% |
201,400
+64,000
| +47% | +$2.03M |
|
|
MSTX
3136
Defiance Daily Target 2x Long MSTR ETF
MSTX
$126M
| $6.66M | ﹤0.01% |
25,812
+13,227
| +105% | +$5.02M |
|
3137
Asbury Automotive
ABG
$3.78B
| $6.66M | ﹤0.01% |
30,148
+9,071
| +43% | +$2.37M |
|
3138
GATX Corp
GATX
$6.38B
| $6.66M | ﹤0.01% |
42,879
+22,978
| +115% | +$3.66M |
|
|
CWAN
3139
CALL
DELISTED
Clearwater Analytics
CWAN
| $6.65M | ﹤0.01% |
248,300
+232,100
| +1,433% | +$6.51M |
|
3140
AerCap
AER
$24B
| $6.65M | ﹤0.01% |
65,102
+24,247
| +59% | +$2.4M |
|
3141
Shake Shack
SHAK
$3.02B
| $6.64M | ﹤0.01% |
75,364
+54,360
| +259% | +$5.9M |
|
3142
Glaukos
GKOS
$10.9B
| $6.64M | ﹤0.01% |
67,507
+45,584
| +208% | +$6.08M |
|
3143
CALL
Magnite
MGNI
$3.55B
| $6.64M | ﹤0.01% |
581,800
+73,000
| +14% | +$1.16M |
|
3144
PUT
Sabre
SABR
$900M
| $6.64M | ﹤0.01% |
2,362,300
-521,200
| -18% | -$1.84M |
|
3145
iShares Russell Top 200 ETF
IWL
$2.29B
| $6.64M | ﹤0.01% |
48,303
+16,371
| +51% | +$2.38M |
|
3146
PUT
Jacobs Solutions
J
$16.9B
| $6.64M | ﹤0.01% |
55,449
+26,361
| +91% | +$3.39M |
|
3147
Carrier Global
CARR
$51.8B
| $6.63M | ﹤0.01% |
104,542
-221,422
| -68% | -$14.7M |
|
3148
PUT
Ultragenyx Pharmaceutical
RARE
$2.61B
| $6.62M | ﹤0.01% |
182,700
-129,200
| -41% | -$5.37M |
|
3149
Atkore
ATKR
$3.17B
| $6.61M | ﹤0.01% |
110,268
+27,395
| +33% | +$1.96M |
|
3150
First Trust Rising Dividend Achievers ETF
RDVY
$25.8B
| $6.6M | ﹤0.01% |
112,824
+35,121
| +45% | +$2.13M |
|
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.