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 | |
|---|---|---|---|---|---|---|
4126
PUT
ProShares UltraPro Dow 30
UDOW
$924M
| $3.89M | ﹤0.01% |
88,600
-122,200
| -58% | -$5.98M |
|
|
PTIR
4127
GraniteShares 2x Long PLTR Daily ETF
PTIR
$419M
| $3.89M | ﹤0.01% |
438,825
+219,600
| +100% | +$2.39M |
|
4128
CALL
Old Republic International
ORI
$10.3B
| $3.89M | ﹤0.01% |
99,100
+34,400
| +53% | +$1.26M |
|
4129
Edgewise Therapeutics
EWTX
$4.8B
| $3.89M | ﹤0.01% |
176,666
+144,953
| +457% | +$3.8M |
|
4130
Madison Square Garden
MSGE
$4.04B
| $3.88M | ﹤0.01% |
118,603
+67,872
| +134% | +$2.37M |
|
4131
CALL
Cipher Digital
CIFR
$7.41B
| $3.88M | ﹤0.01% |
1,687,700
-608,700
| -27% | -$2.77M |
|
4132
CALL
Ouster
OUST
$3.51B
| $3.88M | ﹤0.01% |
432,200
+180,000
| +71% | +$1.78M |
|
4133
CALL
Acadia Healthcare
ACHC
$2.87B
| $3.88M | ﹤0.01% |
128,000
+71,000
| +125% | +$2.71M |
|
4134
AvePoint
AVPT
$2.85B
| $3.88M | ﹤0.01% |
268,762
+173,531
| +182% | +$2.92M |
|
4135
Vishay Intertechnology
VSH
$5.38B
| $3.88M | ﹤0.01% |
244,049
+183,847
| +305% | +$3.15M |
|
4136
CorVel
CRVL
$3.32B
| $3.88M | ﹤0.01% |
34,631
+22,489
| +185% | +$2.51M |
|
4137
Hubbell
HUBB
$27B
| $3.88M | ﹤0.01% |
11,712
-22,948
| -66% | -$8.89M |
|
4138
AdvisorShares Pure US Cannabis ETF
MSOS
$930M
| $3.87M | ﹤0.01% |
1,483,757
+156,854
| +12% | +$506K |
|
4139
RXO
RXO
$3.88B
| $3.87M | ﹤0.01% |
202,623
+133,271
| +192% | +$2.92M |
|
4140
NewMarket
NEU
$8.85B
| $3.87M | ﹤0.01% |
6,831
+3,895
| +133% | +$2.05M |
|
4141
InfraCap MLP ETF
AMZA
$484M
| $3.87M | ﹤0.01% |
81,442
-4,548
| -5% | -$213K |
|
4142
CALL
Direxion Daily Energy Bear 2X ETF
ERY
$35.4M
| $3.87M | ﹤0.01% |
188,200
+14,900
| +9% | +$340K |
|
4143
First Trust Dorsey Wright Focus 5 ETF
FV
$3.82B
| $3.87M | ﹤0.01% |
70,457
+38,876
| +123% | +$2.31M |
|
4144
Public Service Enterprise Group
PEG
$37.9B
| $3.86M | ﹤0.01% |
46,935
-146,903
| -76% | -$12.3M |
|
4145
PUT
FuboTV Inc
FUBO
$307M
| $3.86M | ﹤0.01% |
110,142
+8,159
| +8% | +$355K |
|
4146
PUT
Sociedad Química y Minera de Chile
SQM
$21.2B
| $3.86M | ﹤0.01% |
97,100
-79,100
| -45% | -$3.17M |
|
|
BWIN
4147
Baldwin Insurance Group
BWIN
$3.05B
| $3.86M | ﹤0.01% |
86,291
+57,410
| +199% | +$2.34M |
|
4148
PUT
Blackstone Secured Lending
BXSL
$5.75B
| $3.85M | ﹤0.01% |
119,100
+24,100
| +25% | +$794K |
|
4149
CALL
Louisiana-Pacific
LPX
$5.17B
| $3.85M | ﹤0.01% |
41,900
-195,900
| -82% | -$20.4M |
|
4150
CALL
OR Royalties Inc
OR
$6.25B
| $3.85M | ﹤0.01% |
182,300
+46,700
| +34% | +$897K |
|
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.