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 | |
|---|---|---|---|---|---|---|
4551
AZZ Inc
AZZ
$4.55B
| $3.16M | ﹤0.01% |
37,812
+23,787
| +170% | +$2.12M |
|
4552
PUT
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$95.3M
| $3.16M | ﹤0.01% |
221,200
-125,700
| -36% | -$1.81M |
|
4553
PUT
CSX Corp
CSX
$92.9B
| $3.16M | ﹤0.01% |
107,400
-52,500
| -33% | -$1.67M |
|
4554
CALL
Apogee Therapeutics
APGE
$10.2B
| $3.16M | ﹤0.01% |
+84,600
| New | +$3.27M |
|
4555
Bread Financial
BFH
$4.58B
| $3.16M | ﹤0.01% |
63,091
+17,006
| +37% | +$966K |
|
4556
PUT
Birkenstock
BIRK
$7B
| $3.16M | ﹤0.01% |
68,900
-82,500
| -54% | -$4.35M |
|
4557
CALL
Immunovant
IMVT
$8.64B
| $3.16M | ﹤0.01% |
184,800
+85,700
| +86% | +$1.79M |
|
|
GRID
4558
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID
$12.2B
| $3.15M | ﹤0.01% |
27,879
+7,348
| +36% | +$880K |
|
4559
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$2.12B
| $3.15M | ﹤0.01% |
102,159
+94,069
| +1,163% | +$2.92M |
|
4560
CALL
Fox Class A
FOXA
$29B
| $3.15M | ﹤0.01% |
55,700
-143,500
| -72% | -$7.59M |
|
4561
PUT
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $3.15M | ﹤0.01% |
51,000
-106,500
| -68% | -$7.19M |
|
|
BRY
4562
DELISTED
Berry Corp
BRY
| $3.15M | ﹤0.01% |
981,463
+145,871
| +17% | +$598K |
|
4563
Amkor Technology
AMKR
$14.7B
| $3.14M | ﹤0.01% |
173,943
+123,395
| +244% | +$2.79M |
|
4564
CALL
Navios Maritime Partners
NMM
$2.33B
| $3.14M | ﹤0.01% |
80,000
-495,200
| -86% | -$20.9M |
|
4565
Invesco RAFI Strategic US ETF
IUS
$958M
| $3.14M | ﹤0.01% |
63,513
+53,893
| +560% | +$2.72M |
|
4566
CALL
Dorman Products
DORM
$4.05B
| $3.13M | ﹤0.01% |
26,000
+1,100
| +4% | +$140K |
|
4567
Electromed
ELMD
$341M
| $3.13M | ﹤0.01% |
131,351
+74,625
| +132% | +$2.18M |
|
4568
CALL
FTI Consulting
FCN
$4.19B
| $3.13M | ﹤0.01% |
19,100
+14,700
| +334% | +$2.64M |
|
4569
PUT
Kinross Gold
KGC
$32.4B
| $3.13M | ﹤0.01% |
248,100
-1,411,500
| -85% | -$15.8M |
|
4570
Rocket Companies
RKT
$41.8B
| $3.13M | ﹤0.01% |
259,159
+121,888
| +89% | +$1.57M |
|
4571
Tarsus Pharmaceuticals
TARS
$3.04B
| $3.13M | ﹤0.01% |
60,857
-3,266
| -5% | -$161K |
|
4572
SBA Communications
SBAC
$19.6B
| $3.13M | ﹤0.01% |
14,205
-33,919
| -70% | -$7.1M |
|
4573
Schwab U.S Small- Cap ETF
SCHA
$23.7B
| $3.13M | ﹤0.01% |
+133,377
| New | +$3.4M |
|
4574
Northwest Natural Holdings
NWN
$2.14B
| $3.12M | ﹤0.01% |
73,091
+52,945
| +263% | +$2.16M |
|
4575
Diebold Nixdorf
DBD
$2.48B
| $3.12M | ﹤0.01% |
71,312
+8,064
| +13% | +$351K |
|
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.