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 | |
|---|---|---|---|---|---|---|
3626
CALL
SSR Mining
SSRM
$6.56B
| $5.06M | ﹤0.01% |
504,300
-62,200
| -11% | -$574K |
|
|
TPH
3627
DELISTED
Tri Pointe Homes
TPH
| $5.06M | ﹤0.01% |
158,459
+98,500
| +164% | +$3.36M |
|
3628
CALL
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.6B
| $5.06M | ﹤0.01% |
31,500
+13,100
| +71% | +$2.14M |
|
3629
PUT
Alamos Gold
AGI
$14B
| $5.05M | ﹤0.01% |
189,000
+96,000
| +103% | +$2.17M |
|
3630
Belden
BDC
$5.31B
| $5.05M | ﹤0.01% |
50,387
+31,969
| +174% | +$3.55M |
|
3631
International Paper
IP
$21.6B
| $5.05M | ﹤0.01% |
94,638
-1,648,969
| -95% | -$90.2M |
|
3632
DoubleVerify
DV
$2.04B
| $5.05M | ﹤0.01% |
377,525
+339,182
| +885% | +$6.28M |
|
3633
PUT
Procore
PCOR
$9.09B
| $5.04M | ﹤0.01% |
76,400
-146,600
| -66% | -$11.1M |
|
|
FITB
3634
Fifth Third Bancorp
FITB
$52.7B
| $5.04M | ﹤0.01% |
128,580
-170,021
| -57% | -$7.17M |
|
3635
Toro Company
TTC
$9.37B
| $5.04M | ﹤0.01% |
69,260
+41,904
| +153% | +$3.31M |
|
3636
PUT
Eldorado Gold
EGO
$10.4B
| $5.04M | ﹤0.01% |
299,400
+49,800
| +20% | +$748K |
|
|
ECG
3637
Everus Construction Group
ECG
$7.2B
| $5.03M | ﹤0.01% |
135,727
+115,589
| +574% | +$6.22M |
|
3638
PUT
OSI Systems
OSIS
$3.76B
| $5.03M | ﹤0.01% |
25,900
+12,200
| +89% | +$2.32M |
|
3639
CALL
ProShares Ultra Semiconductors
USD
$2.96B
| $5.03M | ﹤0.01% |
249,400
+85,800
| +52% | +$2.46M |
|
3640
CALL
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$602M
| $5.03M | ﹤0.01% |
100,900
+69,300
| +219% | +$3.9M |
|
3641
PUT
Scholar Rock
SRRK
$6.4B
| $5.03M | ﹤0.01% |
156,300
-154,200
| -50% | -$5.93M |
|
3642
Kontoor Brands
KTB
$4.64B
| $5.02M | ﹤0.01% |
78,299
+50,789
| +185% | +$3.94M |
|
3643
CALL
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $5.02M | ﹤0.01% |
134,000
+58,900
| +78% | +$2.13M |
|
3644
Mueller Water Products
MWA
$3.99B
| $5.02M | ﹤0.01% |
197,339
-122,897
| -38% | -$3.08M |
|
3645
PUT
Krystal Biotech
KRYS
$9.83B
| $5.01M | ﹤0.01% |
27,800
-59,400
| -68% | -$9.99M |
|
3646
NCR Atleos
NATL
$3.47B
| $5.01M | ﹤0.01% |
189,991
+2,475
| +1% | +$73.6K |
|
3647
CALL
Lightbridge
LTBR
$317M
| $5.01M | ﹤0.01% |
671,300
+520,900
| +346% | +$4.63M |
|
3648
CALL
CVR Energy
CVI
$3.54B
| $5.01M | ﹤0.01% |
258,100
-8,300
| -3% | -$162K |
|
3649
CALL
Vaxcyte
PCVX
$8.64B
| $5.01M | ﹤0.01% |
132,600
-50,800
| -28% | -$4.06M |
|
3650
NMI Holdings
NMIH
$3.44B
| $5M | ﹤0.01% |
138,829
+96,601
| +229% | +$3.51M |
|
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.