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 | |
|---|---|---|---|---|---|---|
3826
PJT Partners
PJT
$4.46B
| $4.55M | ﹤0.01% |
32,999
+19,340
| +142% | +$3.04M |
|
3827
PUT
NextDecade
NEXT
$1.91B
| $4.55M | ﹤0.01% |
584,600
+144,800
| +33% | +$1.17M |
|
3828
PUT
CenterPoint Energy
CNP
$26.9B
| $4.55M | ﹤0.01% |
+125,500
| New | +$4.21M |
|
3829
PUT
Lattice Semiconductor
LSCC
$18.5B
| $4.54M | ﹤0.01% |
86,500
-141,000
| -62% | -$8.39M |
|
3830
PUT
Magnite
MGNI
$3.55B
| $4.54M | ﹤0.01% |
397,600
+186,000
| +88% | +$2.97M |
|
3831
PUT
New Fortress Energy
NFE
$92.6M
| $4.54M | ﹤0.01% |
545,900
-557,700
| -51% | -$6.87M |
|
3832
CALL
Popular Inc
BPOP
$11.3B
| $4.54M | ﹤0.01% |
49,100
+41,100
| +514% | +$4M |
|
3833
ProShares Short QQQ
PSQ
$636M
| $4.53M | ﹤0.01% |
111,541
+63,968
| +134% | +$2.42M |
|
3834
CALL
Teledyne Technologies
TDY
$31.5B
| $4.53M | ﹤0.01% |
9,100
+2,100
| +30% | +$1.04M |
|
3835
Peabody Energy
BTU
$3.11B
| $4.53M | ﹤0.01% |
334,202
-10,504
| -3% | -$169K |
|
3836
CALL
Travel + Leisure Co
TNL
$4.63B
| $4.53M | ﹤0.01% |
97,800
-19,100
| -16% | -$1M |
|
3837
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $4.53M | ﹤0.01% |
86,437
+68,385
| +379% | +$3.56M |
|
|
TGNA
3838
DELISTED
TEGNA Inc
TGNA
| $4.52M | ﹤0.01% |
248,353
+129,637
| +109% | +$2.34M |
|
3839
Certara
CERT
$1.22B
| $4.52M | ﹤0.01% |
457,037
+428,812
| +1,519% | +$5.21M |
|
3840
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $4.52M | ﹤0.01% |
+42,846
| New | +$4.53M |
|
3841
California Water Service
CWT
$3.12B
| $4.52M | ﹤0.01% |
93,279
+65,391
| +234% | +$2.97M |
|
3842
International Seaways
INSW
$4.81B
| $4.52M | ﹤0.01% |
136,140
+79,388
| +140% | +$2.91M |
|
3843
PUT
Sphere Entertainment
SPHR
$6.03B
| $4.52M | ﹤0.01% |
138,100
+56,900
| +70% | +$2.31M |
|
3844
Crown Holdings
CCK
$12.9B
| $4.52M | ﹤0.01% |
50,607
+19,452
| +62% | +$1.7M |
|
3845
CALL
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.6B
| $4.52M | ﹤0.01% |
71,700
-26,200
| -27% | -$1.74M |
|
3846
Renasant Corp
RNST
$3.98B
| $4.52M | ﹤0.01% |
133,094
+93,866
| +239% | +$3.4M |
|
3847
PUT
Sun Communities
SUI
$15B
| $4.52M | ﹤0.01% |
35,100
-26,400
| -43% | -$3.38M |
|
3848
CALL
Range Resources
RRC
$9.42B
| $4.51M | ﹤0.01% |
113,000
-195,200
| -63% | -$7.51M |
|
3849
PUT
Vipshop
VIPS
$6.81B
| $4.51M | ﹤0.01% |
287,600
-359,100
| -56% | -$5.43M |
|
3850
Duolingo
DUOL
$6.21B
| $4.51M | ﹤0.01% |
14,518
+13,860
| +2,106% | +$4.74M |
|
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.