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 | |
|---|---|---|---|---|---|---|
4426
iShares US Medical Devices ETF
IHI
$3.46B
| $3.35M | ﹤0.01% |
55,644
-4,656
| -8% | -$289K |
|
4427
CALL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $3.35M | ﹤0.01% |
36,500
+33,700
| +1,204% | +$3.09M |
|
4428
Vanguard FTSE Pacific ETF
VPL
$8.64B
| $3.35M | ﹤0.01% |
46,196
+38,971
| +539% | +$2.86M |
|
4429
PUT
Idacorp
IDA
$8.25B
| $3.35M | ﹤0.01% |
28,800
-13,800
| -32% | -$1.55M |
|
4430
Worthington Enterprises
WOR
$2.87B
| $3.34M | ﹤0.01% |
66,769
+45,366
| +212% | +$1.91M |
|
4431
PUT
Kaspi.kz JSC
KSPI
$18.8B
| $3.34M | ﹤0.01% |
36,000
-300
| -0.8% | -$29.4K |
|
4432
PUT
Icahn Enterprises
IEP
$5.27B
| $3.34M | ﹤0.01% |
368,900
-329,300
| -47% | -$3.17M |
|
4433
PUT
Hubbell
HUBB
$27B
| $3.34M | ﹤0.01% |
10,100
+4,800
| +91% | +$1.86M |
|
|
SEI
4434
Solaris Energy Infrastructure
SEI
$4.17B
| $3.34M | ﹤0.01% |
153,428
+85,437
| +126% | +$2.37M |
|
4435
PUT
GraniteShares 2x Long COIN Daily ETF
CONL
$402M
| $3.34M | ﹤0.01% |
240,800
-283,600
| -54% | -$9.12M |
|
4436
PUT
Apogee Therapeutics
APGE
$10.2B
| $3.34M | ﹤0.01% |
89,300
+36,100
| +68% | +$1.4M |
|
4437
CALL
AutoNation
AN
$6.92B
| $3.34M | ﹤0.01% |
20,600
-17,000
| -45% | -$3.03M |
|
4438
CALL
Remitly
RELY
$5.54B
| $3.33M | ﹤0.01% |
160,300
-2,300
| -1% | -$52.7K |
|
4439
Personalis
PSNL
$1.5B
| $3.33M | ﹤0.01% |
949,768
+76,671
| +9% | +$364K |
|
4440
PUT
TeraWulf
WULF
$8.67B
| $3.33M | ﹤0.01% |
1,220,500
-837,900
| -41% | -$3.73M |
|
4441
Owens Corning
OC
$12.2B
| $3.33M | ﹤0.01% |
23,315
-49,826
| -68% | -$8.24M |
|
|
TPC
4442
CALL
Tutor Perini Cor
TPC
$5.09B
| $3.33M | ﹤0.01% |
143,600
+113,600
| +379% | +$2.8M |
|
4443
PUT
Bausch Health
BHC
$2.43B
| $3.33M | ﹤0.01% |
514,400
-125,900
| -20% | -$904K |
|
4444
CALL
SLM Corp
SLM
$5.27B
| $3.33M | ﹤0.01% |
113,300
-7,200
| -6% | -$211K |
|
4445
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $3.33M | ﹤0.01% |
54,100
+20,300
| +60% | +$1.23M |
|
4446
PUT
Anavex Life Sciences
AVXL
$298M
| $3.33M | ﹤0.01% |
387,600
+109,700
| +39% | +$1.04M |
|
4447
CALL
Lazard
LAZ
$4.35B
| $3.33M | ﹤0.01% |
76,800
-63,100
| -45% | -$3.14M |
|
4448
Innovator US Equity Power Buffer ETF October
POCT
$975M
| $3.32M | ﹤0.01% |
+85,568
| New | +$3.4M |
|
4449
Artisan Partners
APAM
$2.99B
| $3.32M | ﹤0.01% |
84,981
+51,676
| +155% | +$2.19M |
|
4450
CALL
Syndax Pharmaceuticals
SNDX
$1.77B
| $3.32M | ﹤0.01% |
270,300
+129,500
| +92% | +$1.83M |
|
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.