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 | |
|---|---|---|---|---|---|---|
|
CPRX
3401
DELISTED
Catalyst Pharmaceutical
CPRX
| $5.72M | ﹤0.01% |
235,872
+136,659
| +138% | +$3.08M |
|
3402
PUT
PTC Therapeutics
PTCT
$5.98B
| $5.72M | ﹤0.01% |
112,200
-96,000
| -46% | -$4.79M |
|
3403
First Trust Financials AlphaDEX Fund
FXO
$1.15B
| $5.72M | ﹤0.01% |
107,831
+102,520
| +1,930% | +$5.61M |
|
3404
PUT
Ball Corp
BALL
$16.4B
| $5.71M | ﹤0.01% |
109,700
+22,100
| +25% | +$1.16M |
|
3405
Onto Innovation
ONTO
$20.3B
| $5.71M | ﹤0.01% |
47,035
+32,794
| +230% | +$5.52M |
|
3406
CALL
Knight Transportation
KNX
$11.8B
| $5.71M | ﹤0.01% |
131,200
-283,800
| -68% | -$14.6M |
|
3407
Carlyle Group
CG
$17.6B
| $5.7M | ﹤0.01% |
130,820
+105,919
| +425% | +$5.25M |
|
3408
iShares Core Dividend ETF
DIVB
$1.8B
| $5.7M | ﹤0.01% |
117,499
+96,712
| +465% | +$4.74M |
|
|
RNAM
3409
DELISTED
Avidity Biosciences
RNAM
| $5.7M | ﹤0.01% |
193,063
+118,171
| +158% | +$3.68M |
|
|
GTM
3410
ZoomInfo Technologies
GTM
$1.18B
| $5.69M | ﹤0.01% |
569,287
+232,963
| +69% | +$2.44M |
|
3411
Zurn Elkay Water Solutions
ZWS
$8.45B
| $5.69M | ﹤0.01% |
172,542
+111,518
| +183% | +$4.02M |
|
|
CUK
3412
DELISTED
Carnival PLC
CUK
| $5.67M | ﹤0.01% |
323,300
-83,785
| -21% | -$1.8M |
|
3413
PUT
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.41B
| $5.67M | ﹤0.01% |
193,800
+64,100
| +49% | +$1.82M |
|
3414
CALL
InterDigital
IDCC
$8.87B
| $5.66M | ﹤0.01% |
27,400
+15,900
| +138% | +$3.2M |
|
3415
PUT
Vodafone
VOD
$37.9B
| $5.66M | ﹤0.01% |
604,100
-139,300
| -19% | -$1.22M |
|
3416
PUT
Equinor
EQNR
$96.8B
| $5.66M | ﹤0.01% |
214,000
-101,500
| -32% | -$2.46M |
|
3417
CALL
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $5.66M | ﹤0.01% |
45,500
+34,100
| +299% | +$4.14M |
|
3418
Bank of Hawaii
BOH
$3.17B
| $5.66M | ﹤0.01% |
82,062
+57,766
| +238% | +$4.1M |
|
3419
iShares Micro-Cap ETF
IWC
$1.52B
| $5.66M | ﹤0.01% |
51,020
+41,845
| +456% | +$5.21M |
|
3420
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.3B
| $5.66M | ﹤0.01% |
70,373
-24,939
| -26% | -$2.18M |
|
3421
NexGen Energy
NXE
$6.97B
| $5.65M | ﹤0.01% |
1,259,329
+842,085
| +202% | +$4.98M |
|
3422
Itron
ITRI
$4.45B
| $5.65M | ﹤0.01% |
53,974
+32,801
| +155% | +$3.44M |
|
|
VTLE
3423
CALL
DELISTED
Vital Energy
VTLE
| $5.65M | ﹤0.01% |
266,300
+4,600
| +2% | +$133K |
|
3424
PUT
VanEck Agribusiness ETF
MOO
$976M
| $5.65M | ﹤0.01% |
83,200
-25,100
| -23% | -$1.7M |
|
3425
PUT
Polaris
PII
$3.95B
| $5.65M | ﹤0.01% |
137,900
+32,800
| +31% | +$1.56M |
|
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.