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 | |
|---|---|---|---|---|---|---|
3726
Invesco S&P SmallCap Momentum ETF
XSMO
$3.14B
| $4.81M | ﹤0.01% |
+76,725
| New | +$5.05M |
|
3727
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $4.81M | ﹤0.01% |
48,148
+35,972
| +295% | +$3.5M |
|
3728
CenterPoint Energy
CNP
$26.9B
| $4.81M | ﹤0.01% |
132,753
-221,733
| -63% | -$7.43M |
|
3729
CALL
Amcor
AMCR
$21.3B
| $4.81M | ﹤0.01% |
99,100
-4,560
| -4% | -$225K |
|
3730
Korn Ferry
KFY
$4.32B
| $4.8M | ﹤0.01% |
70,772
+44,662
| +171% | +$3.02M |
|
3731
Equitable Holdings
EQH
$14.5B
| $4.8M | ﹤0.01% |
92,147
+32,358
| +54% | +$1.69M |
|
3732
Papa John's
PZZA
$799M
| $4.8M | ﹤0.01% |
116,760
+44,873
| +62% | +$1.92M |
|
3733
Invesco Solar ETF
TAN
$1.36B
| $4.8M | ﹤0.01% |
157,451
-12,323
| -7% | -$412K |
|
3734
CALL
GFL Environmental
GFL
$15.1B
| $4.79M | ﹤0.01% |
99,100
+5,600
| +6% | +$254K |
|
3735
PUT
Lumen
LUMN
$6.93B
| $4.79M | ﹤0.01% |
1,220,700
-1,025,300
| -46% | -$5.11M |
|
3736
PUT
BCE
BCE
$21.9B
| $4.78M | ﹤0.01% |
208,400
-800
| -0.4% | -$18.8K |
|
3737
CALL
East-West Bancorp
EWBC
$18.7B
| $4.78M | ﹤0.01% |
53,300
-15,800
| -23% | -$1.51M |
|
3738
CALL
Vipshop
VIPS
$6.81B
| $4.78M | ﹤0.01% |
304,800
-368,700
| -55% | -$5.57M |
|
3739
CALL
Xenon Pharmaceuticals
XENE
$6.03B
| $4.77M | ﹤0.01% |
142,300
+70,900
| +99% | +$2.69M |
|
3740
CALL
iRhythm Holdings
IRTC
$4.17B
| $4.77M | ﹤0.01% |
45,600
+5,100
| +13% | +$540K |
|
3741
Ecolab
ECL
$77.4B
| $4.77M | ﹤0.01% |
18,816
-133,193
| -88% | -$33.6M |
|
3742
PUT
Direxion Daily GOOGL Bull 2X ETF
GGLL
$954M
| $4.77M | ﹤0.01% |
+166,200
| New | +$6.84M |
|
3743
Seadrill
SDRL
$3B
| $4.76M | ﹤0.01% |
190,420
+118,711
| +166% | +$3.68M |
|
3744
Organon & Co
OGN
$3.6B
| $4.76M | ﹤0.01% |
319,685
+96,691
| +43% | +$1.49M |
|
3745
CALL
Fabrinet
FN
$20.4B
| $4.76M | ﹤0.01% |
24,100
+13,500
| +127% | +$2.95M |
|
3746
CALL
Hess Midstream
HESM
$5.2B
| $4.76M | ﹤0.01% |
112,500
+29,700
| +36% | +$1.21M |
|
3747
CALL
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.8B
| $4.75M | ﹤0.01% |
36,900
+34,700
| +1,577% | +$4.49M |
|
|
SERV
3748
Serve Robotics
SERV
$433M
| $4.75M | ﹤0.01% |
826,665
+807,494
| +4,212% | +$10.6M |
|
3749
Dimensional US Core Equity 1 ETF
DCOR
$3.48B
| $4.75M | ﹤0.01% |
77,450
+56,310
| +266% | +$3.63M |
|
3750
PUT
Innodata
INOD
$2.09B
| $4.75M | ﹤0.01% |
132,200
+18,100
| +16% | +$795K |
|
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.