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 | |
|---|---|---|---|---|---|---|
4401
CALL
ProShares UltraShort Silver
ZSL
$58M
| $3.38M | ﹤0.01% |
11,540
+8,480
| +277% | +$2.88M |
|
4402
Procept Biorobotics
PRCT
$1.24B
| $3.38M | ﹤0.01% |
58,080
+27,638
| +91% | +$1.89M |
|
4403
Alarm.com
ALRM
$2.73B
| $3.38M | ﹤0.01% |
60,785
+27,456
| +82% | +$1.65M |
|
4404
Zscaler
ZS
$29.7B
| $3.38M | ﹤0.01% |
17,042
-70,835
| -81% | -$14.1M |
|
4405
Constellium
CSTM
$4.01B
| $3.38M | ﹤0.01% |
335,037
+279,265
| +501% | +$2.97M |
|
4406
Oceaneering
OII
$5.2B
| $3.38M | ﹤0.01% |
154,981
-7,624
| -5% | -$181K |
|
4407
Thor Industries
THO
$4.11B
| $3.38M | ﹤0.01% |
44,584
+12,009
| +37% | +$1.13M |
|
4408
CALL
Utz Brands
UTZ
$1.26B
| $3.38M | ﹤0.01% |
240,000
+165,700
| +223% | +$2.28M |
|
4409
Mohawk Industries
MHK
$9.49B
| $3.38M | ﹤0.01% |
29,564
-5,441
| -16% | -$649K |
|
|
LGF.B
4410
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $3.37M | ﹤0.01% |
426,106
+39,635
| +10% | +$318K |
|
4411
Four Corners Property Trust
FCPT
$2.77B
| $3.37M | ﹤0.01% |
117,568
+73,299
| +166% | +$2.05M |
|
4412
CALL
Surgery Partners
SGRY
$1.97B
| $3.37M | ﹤0.01% |
+142,000
| New | +$3.36M |
|
4413
PUT
Aurora
AUR
$13.7B
| $3.37M | ﹤0.01% |
500,700
+123,900
| +33% | +$887K |
|
4414
Eastman Chemical
EMN
$8.47B
| $3.37M | ﹤0.01% |
38,241
-39,726
| -51% | -$3.75M |
|
4415
PUT
Stratasys
SSYS
$781M
| $3.37M | ﹤0.01% |
+344,000
| New | +$3.54M |
|
4416
DigitalOcean
DOCN
$15.3B
| $3.37M | ﹤0.01% |
100,834
+50,831
| +102% | +$1.99M |
|
4417
Legend Biotech
LEGN
$3.95B
| $3.37M | ﹤0.01% |
99,199
+15,760
| +19% | +$565K |
|
4418
Direxion Daily TSLA Bear 1X ETF
TSLS
$73.4M
| $3.37M | ﹤0.01% |
30,077
+19,366
| +181% | +$1.88M |
|
4419
Enova International
ENVA
$6.61B
| $3.36M | ﹤0.01% |
34,817
+1,564
| +5% | +$161K |
|
4420
PUT
Valley National Bancorp
VLY
$8.29B
| $3.36M | ﹤0.01% |
378,100
-367,600
| -49% | -$3.48M |
|
4421
Prospect Capital
PSEC
$1.15B
| $3.36M | ﹤0.01% |
819,628
+29,596
| +4% | +$127K |
|
4422
Pricesmart
PSMT
$5.56B
| $3.36M | ﹤0.01% |
38,235
+15,957
| +72% | +$1.42M |
|
4423
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.42B
| $3.36M | ﹤0.01% |
48,771
+34,593
| +244% | +$2.61M |
|
4424
CALL
Murphy Oil
MUR
$4.96B
| $3.35M | ﹤0.01% |
118,000
+42,300
| +56% | +$1.19M |
|
4425
FinWise Bancorp
FINW
$193M
| $3.35M | ﹤0.01% |
191,320
+68,276
| +55% | +$1.22M |
|
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.