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 | |
|---|---|---|---|---|---|---|
4101
CALL
uniQure
QURE
$3.37B
| $3.94M | ﹤0.01% |
372,000
-11,700
| -3% | -$164K |
|
4102
First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
$161M
| $3.94M | ﹤0.01% |
42,028
+17,807
| +74% | +$1.71M |
|
4103
CALL
Valmont Industries
VMI
$9.56B
| $3.94M | ﹤0.01% |
13,800
+1,100
| +9% | +$359K |
|
4104
C.H. Robinson
CHRW
$17.4B
| $3.93M | ﹤0.01% |
38,381
-37,703
| -50% | -$3.81M |
|
4105
CALL
ODDITY Tech
ODD
$605M
| $3.93M | ﹤0.01% |
90,800
+7,600
| +9% | +$338K |
|
|
MOMO
4106
PUT
Hello Group
MOMO
$850M
| $3.93M | ﹤0.01% |
622,400
+374,100
| +151% | +$2.7M |
|
4107
PUT
Installed Building Products
IBP
$6.39B
| $3.93M | ﹤0.01% |
22,900
+6,600
| +40% | +$1.19M |
|
4108
Unifirst Corp
UNF
$5.19B
| $3.93M | ﹤0.01% |
22,565
+15,759
| +232% | +$3.29M |
|
|
RNAM
4109
CALL
DELISTED
Avidity Biosciences
RNAM
| $3.92M | ﹤0.01% |
132,900
+83,500
| +169% | +$2.6M |
|
4110
Cogent Communications
CCOI
$579M
| $3.92M | ﹤0.01% |
63,971
+44,534
| +229% | +$3.28M |
|
4111
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.72B
| $3.92M | ﹤0.01% |
110,643
+25,158
| +29% | +$943K |
|
4112
CF Industries
CF
$17.9B
| $3.91M | ﹤0.01% |
50,094
-94,234
| -65% | -$7.9M |
|
4113
Lamb Weston
LW
$7.3B
| $3.91M | ﹤0.01% |
73,439
-26,024
| -26% | -$1.47M |
|
4114
Walker & Dunlop
WD
$1.46B
| $3.91M | ﹤0.01% |
45,760
+28,591
| +167% | +$2.56M |
|
4115
JPMorgan BetaBuilders US Equity ETF
BBUS
$9.26B
| $3.91M | ﹤0.01% |
38,709
-22,104
| -36% | -$2.35M |
|
4116
CALL
Appian
APPN
$2.54B
| $3.9M | ﹤0.01% |
135,500
+1,500
| +1% | +$49.1K |
|
4117
CALL
Bank of Hawaii
BOH
$3.17B
| $3.9M | ﹤0.01% |
56,600
+26,200
| +86% | +$1.86M |
|
4118
BlackLine
BL
$1.77B
| $3.9M | ﹤0.01% |
80,563
+21,625
| +37% | +$1.18M |
|
|
SKX
4119
DELISTED
Skechers
SKX
| $3.9M | ﹤0.01% |
68,701
-12,089
| -15% | -$786K |
|
4120
CALL
Alkermes
ALKS
$8.23B
| $3.9M | ﹤0.01% |
118,100
+81,900
| +226% | +$2.67M |
|
4121
CALL
Itaú Unibanco
ITUB
$81.6B
| $3.9M | ﹤0.01% |
729,930
+243,080
| +50% | +$1.22M |
|
|
OKLO
4122
Oklo
OKLO
$8.26B
| $3.9M | ﹤0.01% |
180,099
-768,867
| -81% | -$26M |
|
4123
CALL
Direxion Daily AMZN Bull 2X ETF
AMZU
$309M
| $3.89M | ﹤0.01% |
130,000
+49,200
| +61% | +$1.99M |
|
|
KALV
4124
CALL
DELISTED
KalVista Pharmaceuticals
KALV
| $3.89M | ﹤0.01% |
+337,400
| New | +$3.44M |
|
4125
Nexstar Media Group
NXST
$5.84B
| $3.89M | ﹤0.01% |
21,712
+8,650
| +66% | +$1.4M |
|
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.