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 | |
|---|---|---|---|---|---|---|
4276
CALL
Dana Inc
DAN
$3.26B
| $3.63M | ﹤0.01% |
272,400
+162,600
| +148% | +$2.34M |
|
|
CIVI
4277
PUT
DELISTED
Civitas Resources
CIVI
| $3.63M | ﹤0.01% |
104,000
+48,900
| +89% | +$2.17M |
|
4278
COPT Defense Properties
CDP
$4.19B
| $3.63M | ﹤0.01% |
133,034
+80,032
| +151% | +$2.26M |
|
4279
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.39B
| $3.63M | ﹤0.01% |
25,892
-14,351
| -36% | -$2.13M |
|
|
LAZR
4280
PUT
DELISTED
Luminar Technologies
LAZR
| $3.63M | ﹤0.01% |
672,900
-359,500
| -35% | -$2.17M |
|
4281
Xerox
XRX
$407M
| $3.63M | ﹤0.01% |
750,713
+673,763
| +876% | +$5.06M |
|
4282
Seacoast Banking Corp of Florida
SBCF
$3.5B
| $3.63M | ﹤0.01% |
140,907
+91,350
| +184% | +$2.49M |
|
4283
Teekay Tankers
TNK
$2.95B
| $3.63M | ﹤0.01% |
94,727
+84,002
| +783% | +$3.4M |
|
4284
Abeona Therapeutics
ABEO
$342M
| $3.62M | ﹤0.01% |
761,068
+182,874
| +32% | +$995K |
|
4285
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.1B
| $3.62M | ﹤0.01% |
30,253
+13,115
| +77% | +$1.64M |
|
4286
CALL
Genworth Financial
GNW
$3.84B
| $3.62M | ﹤0.01% |
510,600
+211,700
| +71% | +$1.47M |
|
4287
Northern Oil and Gas
NOG
$2.61B
| $3.62M | ﹤0.01% |
119,593
+31,005
| +35% | +$1.06M |
|
4288
ICF International
ICFI
$1.59B
| $3.6M | ﹤0.01% |
42,425
+13,431
| +46% | +$1.41M |
|
4289
CALL
Telephone and Data Systems
TDS
$4.05B
| $3.6M | ﹤0.01% |
93,000
-125,200
| -57% | -$4.51M |
|
4290
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.98B
| $3.6M | ﹤0.01% |
45,323
+25,216
| +125% | +$2.17M |
|
4291
MINISO
MNSO
$3.52B
| $3.6M | ﹤0.01% |
194,727
-189,107
| -49% | -$4.13M |
|
4292
First United
FUNC
$293M
| $3.6M | ﹤0.01% |
119,925
+27,495
| +30% | +$927K |
|
4293
iShares MSCI Peru and Global Exposure ETF
EPU
$545M
| $3.6M | ﹤0.01% |
81,944
+30,581
| +60% | +$1.27M |
|
4294
Resideo Technologies
REZI
$3.11B
| $3.6M | ﹤0.01% |
203,137
+95,391
| +89% | +$1.96M |
|
4295
PUT
Petrobras Class A
PBR.A
$104B
| $3.6M | ﹤0.01% |
275,700
+128,600
| +87% | +$1.62M |
|
4296
Cirrus Logic
CRUS
$6.07B
| $3.59M | ﹤0.01% |
36,070
+28,655
| +386% | +$2.95M |
|
|
NLOP
4297
CALL
Net Lease Office Properties
NLOP
$172M
| $3.59M | ﹤0.01% |
114,500
+55,500
| +94% | +$1.74M |
|
|
SLNO
4298
DELISTED
Soleno Therapeutics
SLNO
| $3.59M | ﹤0.01% |
50,274
+23,742
| +89% | +$1.16M |
|
|
ORKA
4299
Oruka Therapeutics
ORKA
$7.35B
| $3.59M | ﹤0.01% |
+350,036
| New | +$4.37M |
|
4300
CALL
Revolution Medicines
RVMD
$43.7B
| $3.59M | ﹤0.01% |
101,500
-157,900
| -61% | -$6.41M |
|
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.