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 | |
|---|---|---|---|---|---|---|
3676
MGE Energy Inc
MGEE
$3.09B
| $4.94M | ﹤0.01% |
53,101
-25,742
| -33% | -$2.34M |
|
3677
Brown & Brown
BRO
$23.6B
| $4.94M | ﹤0.01% |
39,678
-51,785
| -57% | -$5.79M |
|
3678
iShares MSCI ACWI ETF
ACWI
$33.6B
| $4.93M | ﹤0.01% |
42,391
+32,876
| +346% | +$3.94M |
|
3679
Sweetgreen
SG
$748M
| $4.93M | ﹤0.01% |
197,114
+151,207
| +329% | +$4.17M |
|
3680
Repligen
RGEN
$9.42B
| $4.93M | ﹤0.01% |
38,729
+14,948
| +63% | +$2.3M |
|
3681
StepStone Group
STEP
$4.15B
| $4.93M | ﹤0.01% |
94,332
+44,886
| +91% | +$2.64M |
|
3682
iShares US Tech Independence Focused ETF
IETC
$729M
| $4.92M | ﹤0.01% |
65,704
+45,810
| +230% | +$3.84M |
|
3683
Shift4
FOUR
$3.58B
| $4.92M | ﹤0.01% |
60,249
+54,484
| +945% | +$5.61M |
|
3684
CALL
Advanced Drainage Systems
WMS
$11.4B
| $4.92M | ﹤0.01% |
45,300
+25,100
| +124% | +$2.93M |
|
3685
Voya Financial
VOYA
$9.2B
| $4.91M | ﹤0.01% |
72,534
-156,088
| -68% | -$10.9M |
|
3686
Sabra Healthcare REIT
SBRA
$5.19B
| $4.91M | ﹤0.01% |
281,128
+163,898
| +140% | +$2.76M |
|
3687
PUT
Red Cat Holdings
RCAT
$1.7B
| $4.91M | ﹤0.01% |
834,800
-868,200
| -51% | -$6.96M |
|
|
GTLS
3688
PUT
DELISTED
Chart Industries
GTLS
| $4.91M | ﹤0.01% |
34,000
-24,100
| -41% | -$4.44M |
|
3689
Dimensional International Core Equity 2 ETF
DFIC
$15.3B
| $4.9M | ﹤0.01% |
176,572
+111,989
| +173% | +$3.06M |
|
3690
CALL
PagerDuty
PD
$918M
| $4.9M | ﹤0.01% |
268,100
+222,600
| +489% | +$4.08M |
|
3691
CALL
AGCO
AGCO
$7.1B
| $4.9M | ﹤0.01% |
52,900
-9,700
| -15% | -$947K |
|
3692
Republic Services
RSG
$65.7B
| $4.9M | ﹤0.01% |
20,217
-60,480
| -75% | -$13.6M |
|
3693
Boise Cascade
BCC
$2.9B
| $4.9M | ﹤0.01% |
49,909
+30,757
| +161% | +$3.48M |
|
3694
Vanguard S&P 500 Value ETF
VOOV
$6.81B
| $4.9M | ﹤0.01% |
+26,576
| New | +$4.97M |
|
3695
InvenTrust Properties
IVT
$2.62B
| $4.89M | ﹤0.01% |
166,638
+62,834
| +61% | +$1.85M |
|
3696
CALL
Fidelity National Financial
FNF
$13.3B
| $4.89M | ﹤0.01% |
75,200
+63,300
| +532% | +$3.8M |
|
3697
Summit Therapeutics
SMMT
$10.6B
| $4.89M | ﹤0.01% |
253,499
+176,275
| +228% | +$3.54M |
|
3698
OneSpaWorld
OSW
$2.73B
| $4.89M | ﹤0.01% |
291,045
+125,787
| +76% | +$2.45M |
|
3699
ASE Group
ASX
$103B
| $4.89M | ﹤0.01% |
557,652
+385,701
| +224% | +$3.92M |
|
3700
Helmerich & Payne
HP
$4.42B
| $4.88M | ﹤0.01% |
186,953
+8,397
| +5% | +$244K |
|
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.