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 | |
|---|---|---|---|---|---|---|
3651
ESCO Technologies
ESE
$7.92B
| $5M | ﹤0.01% |
31,440
+19,953
| +174% | +$2.99M |
|
3652
CALL
Core & Main
CNM
$8.61B
| $5M | ﹤0.01% |
103,500
+40,100
| +63% | +$2.08M |
|
3653
State Street SPDR S&P Metals & Mining ETF
XME
$4.53B
| $5M | ﹤0.01% |
89,252
+18,735
| +27% | +$1.1M |
|
3654
CALL
Atour Lifestyle Holdings
ATAT
$4.65B
| $4.99M | ﹤0.01% |
176,000
-102,300
| -37% | -$2.92M |
|
3655
VanEck Junior Gold Miners ETF
GDXJ
$8.49B
| $4.99M | ﹤0.01% |
87,211
-996,442
| -92% | -$50.2M |
|
3656
Johnson Controls International
JCI
$93.1B
| $4.99M | ﹤0.01% |
62,239
-207,602
| -77% | -$17.1M |
|
3657
Dave Inc
DAVE
$4.27B
| $4.99M | ﹤0.01% |
60,312
+53,734
| +817% | +$5.04M |
|
3658
PUT
Watsco Inc
WSO
$12.9B
| $4.98M | ﹤0.01% |
9,800
-5,900
| -38% | -$2.91M |
|
3659
Avista
AVA
$3.28B
| $4.97M | ﹤0.01% |
118,791
+81,780
| +221% | +$3.1M |
|
3660
Public Storage
PSA
$60.9B
| $4.97M | ﹤0.01% |
16,616
-51,748
| -76% | -$15.5M |
|
3661
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$50.4M
| $4.97M | ﹤0.01% |
13,810
+10,840
| +365% | +$5.27M |
|
|
AMTM
3662
CALL
Amentum Holdings
AMTM
$5.25B
| $4.96M | ﹤0.01% |
272,600
+204,700
| +301% | +$4.17M |
|
3663
Lumen
LUMN
$6.93B
| $4.96M | ﹤0.01% |
1,265,404
+567,110
| +81% | +$2.83M |
|
|
JKS
3664
PUT
JinkoSolar
JKS
$877M
| $4.96M | ﹤0.01% |
266,100
+111,200
| +72% | +$2.48M |
|
3665
Marqeta
MQ
$1.7B
| $4.96M | ﹤0.01% |
300,846
+104,983
| +54% | +$1.65M |
|
|
CNH
3666
CALL
CNH Industrial
CNH
$16.8B
| $4.96M | ﹤0.01% |
403,600
-383,300
| -49% | -$4.81M |
|
3667
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $4.95M | ﹤0.01% |
44,951
-15,711
| -26% | -$1.73M |
|
3668
Vanguard Total International Bond ETF
BNDX
$82.7B
| $4.95M | ﹤0.01% |
101,380
-10,400
| -9% | -$509K |
|
3669
CALL
New Oriental
EDU
$8.36B
| $4.95M | ﹤0.01% |
103,500
-133,500
| -56% | -$6.86M |
|
3670
Liberty Global Class C
LBTYK
$3.49B
| $4.95M | ﹤0.01% |
413,351
+339,479
| +460% | +$4.08M |
|
3671
CALL
Tradr 1.25X NVDA Bear Daily ETF
NVDS
$12.6M
| $4.95M | ﹤0.01% |
56,200
-4,500
| -7% | -$342K |
|
3672
PUT
Pitney Bowes
PBI
$2.25B
| $4.94M | ﹤0.01% |
546,200
+63,900
| +13% | +$579K |
|
|
PDCO
3673
DELISTED
Patterson Companies, Inc.
PDCO
| $4.94M | ﹤0.01% |
158,220
-100,680
| -39% | -$3.13M |
|
3674
Boston Beer
SAM
$1.91B
| $4.94M | ﹤0.01% |
20,675
+17,479
| +547% | +$4.26M |
|
3675
PUT
Dover
DOV
$27.9B
| $4.94M | ﹤0.01% |
28,100
+6,600
| +31% | +$1.27M |
|
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.