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 | |
|---|---|---|---|---|---|---|
4501
Cinemark Holdings
CNK
$4.33B
| $3.25M | ﹤0.01% |
130,512
-16,420
| -11% | -$457K |
|
4502
Axcelis
ACLS
$4.33B
| $3.25M | ﹤0.01% |
65,357
-8,698
| -12% | -$550K |
|
4503
PUT
Fastly Inc
FSLY
$4.77B
| $3.25M | ﹤0.01% |
512,800
+164,200
| +47% | +$1.37M |
|
4504
CarGurus
CARG
$3.33B
| $3.24M | ﹤0.01% |
111,335
+63,957
| +135% | +$2.24M |
|
4505
CALL
Mattel
MAT
$4.29B
| $3.24M | ﹤0.01% |
166,900
-216,900
| -57% | -$4.3M |
|
4506
Tilray
TLRY
$643M
| $3.24M | ﹤0.01% |
493,076
-555,448
| -53% | -$5.14M |
|
4507
Interparfums
IPAR
$3.67B
| $3.24M | ﹤0.01% |
28,461
+19,256
| +209% | +$2.56M |
|
4508
CALL
Qfin Holdings
QFIN
$1.49B
| $3.24M | ﹤0.01% |
72,100
+19,600
| +37% | +$811K |
|
4509
CALL
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $3.23M | ﹤0.01% |
105,200
+87,100
| +481% | +$2.75M |
|
4510
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$525M
| $3.23M | ﹤0.01% |
59,803
-16,300
| -21% | -$865K |
|
4511
Franklin International Core Dividend Tilt Index ETF
DIVI
$2.78B
| $3.23M | ﹤0.01% |
99,127
+87,550
| +756% | +$2.81M |
|
4512
Old Republic International
ORI
$10.3B
| $3.23M | ﹤0.01% |
82,327
+3,148
| +4% | +$115K |
|
4513
Ocular Therapeutix
OCUL
$2.2B
| $3.22M | ﹤0.01% |
439,444
+327,707
| +293% | +$2.52M |
|
4514
ANI Pharmaceuticals
ANIP
$1.76B
| $3.22M | ﹤0.01% |
48,061
+26,279
| +121% | +$1.57M |
|
4515
International Flavors & Fragrances
IFF
$21.5B
| $3.22M | ﹤0.01% |
41,458
-95,171
| -70% | -$7.85M |
|
4516
GS ActiveBeta US Small Cap Equity ETF
GSSC
$1.11B
| $3.22M | ﹤0.01% |
50,697
+26,726
| +111% | +$1.82M |
|
4517
PUT
Rapid7
RPD
$876M
| $3.22M | ﹤0.01% |
121,300
+91,800
| +311% | +$3.12M |
|
|
EFOR
4518
Everforth Inc
EFOR
$1.3B
| $3.21M | ﹤0.01% |
51,004
+29,546
| +138% | +$2.27M |
|
4519
First Trust Value Line Dividend Fund
FVD
$8.41B
| $3.21M | ﹤0.01% |
72,015
+56,882
| +376% | +$2.53M |
|
4520
Universal Health Services
UHS
$10B
| $3.21M | ﹤0.01% |
17,087
-17,030
| -50% | -$3.11M |
|
4521
Gossamer Bio
GOSS
$75.4M
| $3.21M | ﹤0.01% |
2,916,109
+2,338,235
| +405% | +$2.7M |
|
4522
CALL
Boise Cascade
BCC
$2.9B
| $3.21M | ﹤0.01% |
32,700
+2,700
| +9% | +$306K |
|
4523
MasTec
MTZ
$23.9B
| $3.21M | ﹤0.01% |
27,471
-2,515
| -8% | -$339K |
|
4524
CoinShares Bitcoin Mining ETF
WGMI
$243M
| $3.2M | ﹤0.01% |
250,892
-225,712
| -47% | -$4.51M |
|
4525
DT Midstream
DTM
$14B
| $3.2M | ﹤0.01% |
33,194
+14,065
| +74% | +$1.41M |
|
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.