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 | |
|---|---|---|---|---|---|---|
3851
Cummins
CMI
$86.9B
| $4.5M | ﹤0.01% |
14,368
-65,324
| -82% | -$23M |
|
3852
PUT
A.O. Smith
AOS
$8.45B
| $4.5M | ﹤0.01% |
68,900
+6,200
| +10% | +$419K |
|
3853
PUT
Vulcan Materials
VMC
$36.5B
| $4.5M | ﹤0.01% |
19,300
+4,400
| +30% | +$1.12M |
|
3854
Vornado Realty Trust
VNO
$7.28B
| $4.5M | ﹤0.01% |
121,696
-27,261
| -18% | -$1.1M |
|
3855
CALL
Corpay
CPAY
$27.4B
| $4.5M | ﹤0.01% |
12,900
-2,800
| -18% | -$1.01M |
|
3856
CALL
Delek US
DK
$4.01B
| $4.5M | ﹤0.01% |
298,500
+21,100
| +8% | +$365K |
|
3857
CALL
TAL Education Group
TAL
$6.46B
| $4.5M | ﹤0.01% |
340,500
+113,100
| +50% | +$1.41M |
|
3858
PUT
Canadian Solar
CSIQ
$1.03B
| $4.5M | ﹤0.01% |
520,000
-223,600
| -30% | -$2.35M |
|
3859
Skyward Specialty Insurance
SKWD
$2.42B
| $4.5M | ﹤0.01% |
84,966
+7,764
| +10% | +$374K |
|
3860
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $4.49M | ﹤0.01% |
+52,830
| New | +$4.71M |
|
3861
IES Holdings
IESC
$15.1B
| $4.49M | ﹤0.01% |
27,210
+1,021
| +4% | +$213K |
|
3862
LifeVantage
LFVN
$82.9M
| $4.49M | ﹤0.01% |
308,050
+179,968
| +141% | +$3.39M |
|
3863
Remitly
RELY
$5.54B
| $4.49M | ﹤0.01% |
215,882
+110,568
| +105% | +$2.54M |
|
3864
Freshpet
FRPT
$3.5B
| $4.49M | ﹤0.01% |
53,973
-48,596
| -47% | -$5.95M |
|
3865
Newmark Group
NMRK
$2.76B
| $4.48M | ﹤0.01% |
368,424
-114,524
| -24% | -$1.53M |
|
3866
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $4.48M | ﹤0.01% |
36,022
+6,610
| +22% | +$802K |
|
3867
CALL
Western Midstream Partners
WES
$20.2B
| $4.48M | ﹤0.01% |
109,300
-34,500
| -24% | -$1.4M |
|
3868
OSI Systems
OSIS
$3.76B
| $4.47M | ﹤0.01% |
23,021
+15,304
| +198% | +$2.92M |
|
3869
Tidewater
TDW
$4.69B
| $4.47M | ﹤0.01% |
105,744
-10,791
| -9% | -$537K |
|
3870
CALL
Direxion Daily Healthcare Bull 3X ETF
CURE
$187M
| $4.47M | ﹤0.01% |
41,900
+21,700
| +107% | +$2.31M |
|
3871
Kyndryl
KD
$2.87B
| $4.46M | ﹤0.01% |
142,191
+84,103
| +145% | +$3.15M |
|
3872
PUT
AGCO
AGCO
$7.1B
| $4.46M | ﹤0.01% |
48,200
+5,500
| +13% | +$537K |
|
3873
CALL
Vermilion Energy
VET
$1.73B
| $4.46M | ﹤0.01% |
550,600
+305,700
| +125% | +$2.73M |
|
3874
United Parks & Resorts
PRKS
$2.04B
| $4.45M | ﹤0.01% |
97,879
+25,938
| +36% | +$1.34M |
|
3875
PUT
MKS Inc
MKSI
$21B
| $4.45M | ﹤0.01% |
55,500
-1,400
| -2% | -$141K |
|
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.