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 | |
|---|---|---|---|---|---|---|
3576
PUT
Tencent Music
TME
$14.5B
| $5.22M | ﹤0.01% |
362,200
+72,200
| +25% | +$901K |
|
3577
PUT
Northern Trust
NTRS
$35B
| $5.21M | ﹤0.01% |
52,800
+42,400
| +408% | +$4.5M |
|
3578
Amylyx Pharmaceuticals
AMLX
$2.41B
| $5.21M | ﹤0.01% |
1,470,925
+602,543
| +69% | +$2.14M |
|
|
VISN
3579
CALL
Vistance Networks Inc
VISN
$2.66B
| $5.2M | ﹤0.01% |
980,100
-1,514,000
| -61% | -$8.04M |
|
|
3580
Northern Trust
NTRS
$35B
| $5.19M | ﹤0.01% |
52,648
-54,334
| -51% | -$5.77M |
|
3581
iShares Russell Mid-Cap Growth ETF
IWP
$21.1B
| $5.19M | ﹤0.01% |
44,183
+30,769
| +229% | +$3.96M |
|
3582
CALL
Virgin Galactic
SPCE
$503M
| $5.19M | ﹤0.01% |
1,712,800
-654,500
| -28% | -$2.87M |
|
3583
Federal Agricultural Mortgage
AGM
$2.53B
| $5.19M | ﹤0.01% |
27,664
+9,334
| +51% | +$1.83M |
|
3584
PUT
Invesco KBW Bank ETF
KBWB
$6.87B
| $5.18M | ﹤0.01% |
+82,600
| New | +$5.56M |
|
3585
VanEck Uranium + Nuclear Energy ETF
NLR
$4.18B
| $5.18M | ﹤0.01% |
70,696
+44,330
| +168% | +$3.72M |
|
3586
Xcel Energy
XEL
$49.5B
| $5.17M | ﹤0.01% |
73,061
-249,605
| -77% | -$17M |
|
3587
CALL
Viking Holdings
VIK
$43.7B
| $5.17M | ﹤0.01% |
130,100
-2,300
| -2% | -$106K |
|
3588
CNO Financial Group
CNO
$5.11B
| $5.17M | ﹤0.01% |
124,115
+70,498
| +131% | +$2.81M |
|
3589
Scholar Rock
SRRK
$6.4B
| $5.17M | ﹤0.01% |
160,774
+46,436
| +41% | +$1.79M |
|
3590
CALL
California Resources
CRC
$4.73B
| $5.17M | ﹤0.01% |
117,500
-49,500
| -30% | -$2.35M |
|
3591
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14.1B
| $5.17M | ﹤0.01% |
75,946
+72,096
| +1,873% | +$5.16M |
|
3592
PUT
Ericsson
ERIC
$33.6B
| $5.16M | ﹤0.01% |
665,300
-202,300
| -23% | -$1.63M |
|
3593
CALL
PJT Partners
PJT
$4.46B
| $5.16M | ﹤0.01% |
37,400
+1,400
| +4% | +$220K |
|
3594
PUT
BlackBerry
BB
$5.22B
| $5.14M | ﹤0.01% |
1,364,300
-396,800
| -23% | -$1.81M |
|
3595
Texas Roadhouse
TXRH
$13.6B
| $5.14M | ﹤0.01% |
30,856
+29,050
| +1,609% | +$5.14M |
|
3596
The Bancorp
TBBK
$2.84B
| $5.14M | ﹤0.01% |
97,269
+61,362
| +171% | +$3.41M |
|
3597
Medpace
MEDP
$16.1B
| $5.14M | ﹤0.01% |
16,856
+5,463
| +48% | +$1.84M |
|
3598
Pacer Global Cash Cows Dividend ETF
GCOW
$3.49B
| $5.14M | ﹤0.01% |
138,871
+78,266
| +129% | +$2.8M |
|
3599
PUT
Carlyle Group
CG
$17.6B
| $5.13M | ﹤0.01% |
117,800
-55,100
| -32% | -$2.73M |
|
|
PPLI
3600
People Inc
PPLI
$3.01B
| $5.13M | ﹤0.01% |
136,178
-7,534
| -5% | -$275K |
|
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.