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 | |
|---|---|---|---|---|---|---|
4701
Avis
CAR
$4.87B
| $2.93M | ﹤0.01% |
38,548
+11,060
| +40% | +$889K |
|
4702
iShares MSCI Taiwan ETF
EWT
$11.5B
| $2.93M | ﹤0.01% |
+61,616
| New | +$3.17M |
|
4703
PUT
MINISO
MNSO
$3.52B
| $2.93M | ﹤0.01% |
158,200
+141,500
| +847% | +$3.09M |
|
4704
PUT
Stantec
STN
$8.28B
| $2.92M | ﹤0.01% |
+35,300
| New | +$2.82M |
|
4705
ArcBest
ARCB
$3.19B
| $2.92M | ﹤0.01% |
41,369
+27,654
| +202% | +$2.4M |
|
4706
Wabash National
WNC
$512M
| $2.92M | ﹤0.01% |
264,217
+185,014
| +234% | +$2.49M |
|
4707
Macy's
M
$6.16B
| $2.92M | ﹤0.01% |
232,229
+149,068
| +179% | +$2.16M |
|
4708
CALL
CGI
GIB
$15.2B
| $2.92M | ﹤0.01% |
29,200
-13,100
| -31% | -$1.44M |
|
4709
CALL
Edgewise Therapeutics
EWTX
$4.8B
| $2.92M | ﹤0.01% |
132,500
+11,500
| +10% | +$302K |
|
4710
PUT
Ionis Pharmaceuticals
IONS
$9.51B
| $2.91M | ﹤0.01% |
96,500
-7,800
| -7% | -$255K |
|
4711
PUT
Navios Maritime Partners
NMM
$2.33B
| $2.91M | ﹤0.01% |
74,200
-100,400
| -58% | -$4.24M |
|
4712
CALL
Hayward Holdings
HAYW
$3.22B
| $2.91M | ﹤0.01% |
+209,000
| New | +$3.04M |
|
4713
Banco Macro
BMA
$4.96B
| $2.91M | ﹤0.01% |
38,493
+24,765
| +180% | +$2.31M |
|
4714
Reynolds Consumer Products
REYN
$5.53B
| $2.91M | ﹤0.01% |
121,804
-33,551
| -22% | -$846K |
|
4715
CALL
VanEck Morningstar Wide Moat ETF
MOAT
$12.4B
| $2.9M | ﹤0.01% |
33,000
+18,800
| +132% | +$1.73M |
|
4716
iShares iBonds Dec 2027 Term Treasury ETF
IBTH
$2.28B
| $2.9M | ﹤0.01% |
129,266
+61,716
| +91% | +$1.37M |
|
4717
PUT
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $2.9M | ﹤0.01% |
8,900
-1,600
| -15% | -$580K |
|
4718
PUT
Saic
SAIC
$5.36B
| $2.9M | ﹤0.01% |
25,800
+3,900
| +18% | +$421K |
|
4719
Vermilion Energy
VET
$1.73B
| $2.9M | ﹤0.01% |
357,579
-163,720
| -31% | -$1.46M |
|
4720
NETGEAR
NTGR
$656M
| $2.9M | ﹤0.01% |
118,410
+72,192
| +156% | +$1.9M |
|
4721
Madison Square Garden
MSGS
$9.8B
| $2.89M | ﹤0.01% |
+14,855
| New | +$3.07M |
|
4722
Warby Parker
WRBY
$3.2B
| $2.89M | ﹤0.01% |
158,554
-284,924
| -64% | -$6.8M |
|
4723
US Foods
USFD
$23.6B
| $2.89M | ﹤0.01% |
44,147
-125,534
| -74% | -$8.58M |
|
4724
PUT
MaxLinear
MXL
$7.69B
| $2.89M | ﹤0.01% |
266,100
+63,900
| +32% | +$1.07M |
|
4725
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $2.89M | ﹤0.01% |
26,200
-16,400
| -38% | -$1.8M |
|
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.