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 | |
|---|---|---|---|---|---|---|
4051
Innovator US Equity Power Buffer ETF June
PJUN
$978M
| $4.06M | ﹤0.01% |
109,638
+61,036
| +126% | +$2.3M |
|
4052
Syndax Pharmaceuticals
SNDX
$1.77B
| $4.05M | ﹤0.01% |
329,906
+202,349
| +159% | +$2.85M |
|
4053
Genworth Financial
GNW
$3.84B
| $4.05M | ﹤0.01% |
571,199
-121,267
| -18% | -$843K |
|
4054
Restaurant Brands International
QSR
$27.1B
| $4.05M | ﹤0.01% |
60,752
-8,054
| -12% | -$519K |
|
4055
CALL
Invesco
IVZ
$14.4B
| $4.05M | ﹤0.01% |
266,800
+97,200
| +57% | +$1.66M |
|
|
ACLX
4056
DELISTED
Arcellx
ACLX
| $4.04M | ﹤0.01% |
61,623
+19,083
| +45% | +$1.29M |
|
4057
Insperity
NSP
$1.99B
| $4.04M | ﹤0.01% |
45,297
-39,519
| -47% | -$3.28M |
|
4058
PUT
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.29B
| $4.04M | ﹤0.01% |
56,400
-25,000
| -31% | -$1.75M |
|
4059
Avient
AVNT
$4.25B
| $4.04M | ﹤0.01% |
108,670
+65,054
| +149% | +$2.69M |
|
4060
PUT
Procept Biorobotics
PRCT
$1.24B
| $4.04M | ﹤0.01% |
69,300
+12,100
| +21% | +$826K |
|
4061
CALL
Oshkosh
OSK
$9.44B
| $4.04M | ﹤0.01% |
42,900
-7,100
| -14% | -$711K |
|
4062
CALL
Genesis Energy
GEL
$1.93B
| $4.03M | ﹤0.01% |
257,100
+198,200
| +337% | +$2.41M |
|
4063
State Street SPDR S&P Pharmaceuticals ETF
XPH
$518M
| $4.03M | ﹤0.01% |
92,045
+43,146
| +88% | +$1.9M |
|
4064
First Trust Nasdaq Semiconductor ETF
FTXL
$1.38B
| $4.03M | ﹤0.01% |
53,353
+1,521
| +3% | +$131K |
|
|
SERV
4065
CALL
Serve Robotics
SERV
$433M
| $4.03M | ﹤0.01% |
700,800
-506,100
| -42% | -$6.64M |
|
4066
Columbia Banking Systems
COLB
$9.25B
| $4.03M | ﹤0.01% |
161,519
+78,812
| +95% | +$2.1M |
|
4067
CALL
Impinj
PI
$5.28B
| $4.03M | ﹤0.01% |
44,400
-27,900
| -39% | -$3.13M |
|
4068
PUT
Service Corp International
SCI
$11.5B
| $4.03M | ﹤0.01% |
50,200
-15,300
| -23% | -$1.2M |
|
4069
VanEck Bitcoin Trust
HODL
$1.05B
| $4.02M | ﹤0.01% |
172,288
+163,304
| +1,818% | +$4.3M |
|
|
AKRO
4070
PUT
DELISTED
Akero Therapeutics
AKRO
| $4.02M | ﹤0.01% |
99,200
+36,000
| +57% | +$1.53M |
|
4071
CALL
Ultragenyx Pharmaceutical
RARE
$2.61B
| $4.01M | ﹤0.01% |
110,700
+5,800
| +6% | +$241K |
|
4072
CALL
Repligen
RGEN
$9.42B
| $4.01M | ﹤0.01% |
31,500
-6,900
| -18% | -$1.06M |
|
4073
PUT
iShares MSCI Turkey ETF
TUR
$222M
| $4.01M | ﹤0.01% |
122,100
-42,700
| -26% | -$1.51M |
|
4074
WEC Energy
WEC
$36B
| $4.01M | ﹤0.01% |
36,769
-97,556
| -73% | -$9.96M |
|
4075
Canadian National Railway
CNI
$76.7B
| $4M | ﹤0.01% |
41,034
+37,565
| +1,083% | +$3.8M |
|
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.