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 | |
|---|---|---|---|---|---|---|
3201
CALL
HF Sinclair
DINO
$16.7B
| $6.4M | ﹤0.01% |
194,500
-157,000
| -45% | -$5.5M |
|
3202
ECARX Holdings
ECX
$421M
| $6.39M | ﹤0.01% |
5,069,836
| – | – |
|
3203
NorthWestern Energy
NWE
$4.42B
| $6.37M | ﹤0.01% |
110,121
+82,483
| +298% | +$4.48M |
|
3204
PUT
Harley-Davidson
HOG
$2.89B
| $6.37M | ﹤0.01% |
252,300
+58,400
| +30% | +$1.56M |
|
3205
New Jersey Resources
NJR
$5.64B
| $6.36M | ﹤0.01% |
129,659
+76,855
| +146% | +$3.64M |
|
3206
National Health Investors
NHI
$3.58B
| $6.36M | ﹤0.01% |
86,064
+15,718
| +22% | +$1.11M |
|
3207
Roper Technologies
ROP
$39.5B
| $6.35M | ﹤0.01% |
10,771
-34,493
| -76% | -$19.4M |
|
3208
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.84B
| $6.34M | ﹤0.01% |
85,732
+66,674
| +350% | +$4.93M |
|
3209
MGIC Investment
MTG
$6.39B
| $6.34M | ﹤0.01% |
255,899
+168,240
| +192% | +$4.08M |
|
3210
Invesco S&P 500 Momentum ETF
SPMO
$22.3B
| $6.34M | ﹤0.01% |
68,505
+58,297
| +571% | +$5.71M |
|
3211
CALL
Mohawk Industries
MHK
$9.49B
| $6.34M | ﹤0.01% |
55,500
-5,600
| -9% | -$668K |
|
3212
Nasdaq
NDAQ
$54.2B
| $6.33M | ﹤0.01% |
83,505
-83,930
| -50% | -$6.6M |
|
3213
CALL
CSX Corp
CSX
$92.9B
| $6.33M | ﹤0.01% |
215,200
-256,200
| -54% | -$8.14M |
|
3214
CALL
Hormel Foods
HRL
$13.5B
| $6.33M | ﹤0.01% |
204,500
+18,300
| +10% | +$544K |
|
|
FL
3215
CALL
DELISTED
Foot Locker
FL
| $6.32M | ﹤0.01% |
448,300
-467,800
| -51% | -$8.67M |
|
3216
Dycom Industries
DY
$12.6B
| $6.32M | ﹤0.01% |
41,492
+28,474
| +219% | +$4.91M |
|
3217
Dick's Sporting Goods
DKS
$18.1B
| $6.31M | ﹤0.01% |
31,283
+718
| +2% | +$160K |
|
3218
Newell Brands
NWL
$2.66B
| $6.3M | ﹤0.01% |
1,015,945
+674,607
| +198% | +$5.41M |
|
3219
CALL
Vanguard Morningstar Large-Cap ETF
VV
$54.8B
| $6.3M | ﹤0.01% |
24,500
-4,900
| -17% | -$1.33M |
|
3220
PUT
AerCap
AER
$24B
| $6.29M | ﹤0.01% |
61,600
+27,100
| +79% | +$2.68M |
|
3221
PUT
Xcel Energy
XEL
$49.5B
| $6.29M | ﹤0.01% |
88,900
+80,900
| +1,011% | +$5.51M |
|
3222
PUT
Seadrill
SDRL
$3B
| $6.29M | ﹤0.01% |
251,600
+188,300
| +297% | +$5.83M |
|
3223
Global X US Infrastructure Development ETF
PAVE
$14.4B
| $6.28M | ﹤0.01% |
+166,506
| New | +$6.75M |
|
|
CSW
3224
CSW Industrials
CSW
$5.62B
| $6.28M | ﹤0.01% |
21,541
+503
| +2% | +$163K |
|
3225
Life Time Group Holdings
LTH
$10.1B
| $6.28M | ﹤0.01% |
207,849
+37,795
| +22% | +$1.11M |
|
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.