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 | |
|---|---|---|---|---|---|---|
3801
Pitney Bowes
PBI
$2.25B
| $4.6M | ﹤0.01% |
508,631
+342,397
| +206% | +$3.1M |
|
3802
PUT
Fidelity Wise Origin Bitcoin Fund
FBTC
$11.7B
| $4.6M | ﹤0.01% |
63,900
+19,600
| +44% | +$1.59M |
|
3803
PUT
Sibanye-Stillwater
SBSW
$7.62B
| $4.6M | ﹤0.01% |
1,004,100
+133,400
| +15% | +$506K |
|
3804
Omnicom Group
OMC
$24B
| $4.6M | ﹤0.01% |
55,466
-70,311
| -56% | -$5.87M |
|
3805
PUT
Rithm Capital
RITM
$5.79B
| $4.6M | ﹤0.01% |
401,400
+98,400
| +32% | +$1.14M |
|
3806
CALL
ICICI Bank
IBN
$107B
| $4.6M | ﹤0.01% |
145,800
-474,200
| -76% | -$13.8M |
|
3807
CALL
Saic
SAIC
$5.36B
| $4.59M | ﹤0.01% |
40,900
+1,100
| +3% | +$119K |
|
3808
Defiance Quantum ETF
QTUM
$5.84B
| $4.59M | ﹤0.01% |
61,569
-29,712
| -33% | -$2.4M |
|
3809
Bumble
BMBL
$358M
| $4.59M | ﹤0.01% |
1,057,220
-646,378
| -38% | -$4.21M |
|
3810
Enterprise Financial Services Corp
EFSC
$2.4B
| $4.59M | ﹤0.01% |
85,343
+31,171
| +58% | +$1.79M |
|
3811
Magnite
MGNI
$3.55B
| $4.58M | ﹤0.01% |
401,797
-144,928
| -27% | -$2.31M |
|
3812
CALL
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.9M
| $4.58M | ﹤0.01% |
86,300
+32,100
| +59% | +$1.61M |
|
3813
PUT
Praxis Precision Medicines
PRAX
$10.2B
| $4.58M | ﹤0.01% |
121,000
-6,600
| -5% | -$412K |
|
|
CVSA
3814
Covista Inc
CVSA
$4.49B
| $4.58M | ﹤0.01% |
45,512
-948
| -2% | -$94.5K |
|
3815
CALL
Vanguard Health Care ETF
VHT
$18.9B
| $4.58M | ﹤0.01% |
17,300
-7,800
| -31% | -$2.08M |
|
3816
PUT
Intuitive Machines
LUNR
$3.05B
| $4.58M | ﹤0.01% |
614,600
-749,400
| -55% | -$11.8M |
|
3817
PUT
Applied Industrial Technologies
AIT
$13.3B
| $4.57M | ﹤0.01% |
20,300
+10,400
| +105% | +$2.56M |
|
3818
CALL
Mercury Insurance
MCY
$5.84B
| $4.57M | ﹤0.01% |
81,800
+72,300
| +761% | +$3.9M |
|
3819
CALL
Arcutis Biotherapeutics
ARQT
$3.29B
| $4.57M | ﹤0.01% |
292,100
+50,600
| +21% | +$713K |
|
3820
PUT
Alliance Resource Partners
ARLP
$3.27B
| $4.56M | ﹤0.01% |
167,300
-20,800
| -11% | -$556K |
|
3821
CALL
Vanguard FTSE Europe ETF
VGK
$31.1B
| $4.56M | ﹤0.01% |
65,000
+27,100
| +72% | +$1.87M |
|
3822
CVB Financial
CVBF
$4.09B
| $4.56M | ﹤0.01% |
247,131
+168,200
| +213% | +$3.35M |
|
3823
CALL
Limbach Holdings
LMB
$543M
| $4.56M | ﹤0.01% |
61,200
-24,200
| -28% | -$2.11M |
|
3824
First Trust Water ETF
FIW
$1.92B
| $4.55M | ﹤0.01% |
45,212
+33,469
| +285% | +$3.46M |
|
3825
Prosperity Bancshares
PB
$9.02B
| $4.55M | ﹤0.01% |
63,796
+22,929
| +56% | +$1.74M |
|
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.