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 | |
|---|---|---|---|---|---|---|
4926
Aecom
ACM
$8.12B
| $2.64M | ﹤0.01% |
28,416
-14,229
| -33% | -$1.44M |
|
4927
Ingersoll Rand
IR
$32.3B
| $2.63M | ﹤0.01% |
32,919
-119,292
| -78% | -$10.4M |
|
4928
Roivant Sciences
ROIV
$26.1B
| $2.63M | ﹤0.01% |
261,058
+134,271
| +106% | +$1.45M |
|
4929
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$430M
| $2.63M | ﹤0.01% |
97,300
-109,300
| -53% | -$2.98M |
|
4930
Diodes
DIOD
$4.77B
| $2.63M | ﹤0.01% |
60,950
+40,785
| +202% | +$2.2M |
|
4931
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.3B
| $2.63M | ﹤0.01% |
31,573
-12,048
| -28% | -$1.09M |
|
4932
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.18B
| $2.63M | ﹤0.01% |
116,495
+60,191
| +107% | +$1.35M |
|
4933
CALL
Beyond Meat
BYND
$232M
| $2.63M | ﹤0.01% |
28,730
+4,203
| +17% | +$464K |
|
4934
Supernus Pharmaceuticals
SUPN
$2.81B
| $2.63M | ﹤0.01% |
80,253
+48,963
| +156% | +$1.74M |
|
4935
Apogee Therapeutics
APGE
$10.2B
| $2.63M | ﹤0.01% |
70,338
+39,050
| +125% | +$1.51M |
|
4936
Nuveen ESG Large-Cap Growth ETF
NULG
$2.8B
| $2.63M | ﹤0.01% |
33,560
+22,396
| +201% | +$1.9M |
|
|
OPRA
4937
PUT
Opera Ltd
OPRA
$1.82B
| $2.63M | ﹤0.01% |
164,800
-67,600
| -29% | -$1.25M |
|
4938
VICI Properties
VICI
$29B
| $2.63M | ﹤0.01% |
80,525
-525,699
| -87% | -$16.2M |
|
|
OPLN
4939
Openlane
OPLN
$4.33B
| $2.62M | ﹤0.01% |
136,148
+78,509
| +136% | +$1.62M |
|
4940
First Trust Active Factor Large Cap ETF
AFLG
$738M
| $2.62M | ﹤0.01% |
77,882
+36,597
| +89% | +$1.28M |
|
4941
CALL
ATI
ATI
$31.1B
| $2.62M | ﹤0.01% |
50,400
+32,300
| +178% | +$1.83M |
|
4942
PUT
Applied Optoelectronics
AAOI
$12.7B
| $2.62M | ﹤0.01% |
170,800
-340,400
| -67% | -$8.56M |
|
4943
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.72B
| $2.62M | ﹤0.01% |
31,013
+4,573
| +17% | +$430K |
|
4944
PUT
AppFolio
APPF
$7.23B
| $2.62M | ﹤0.01% |
11,900
+2,800
| +31% | +$642K |
|
4945
WisdomTree US MidCap Dividend Fund
DON
$4.13B
| $2.62M | ﹤0.01% |
52,826
-5,557
| -10% | -$283K |
|
4946
Lennox International
LII
$14.6B
| $2.61M | ﹤0.01% |
4,662
-42,481
| -90% | -$25.7M |
|
4947
CALL
JFrog
FROG
$11.6B
| $2.61M | ﹤0.01% |
81,700
+56,100
| +219% | +$1.95M |
|
4948
Calix
CALX
$2.49B
| $2.61M | ﹤0.01% |
73,753
+40,148
| +119% | +$1.49M |
|
4949
Invesco Global Listed Private Equity ETF
PSP
$250M
| $2.61M | ﹤0.01% |
40,790
+24,920
| +157% | +$1.7M |
|
|
RDFN
4950
DELISTED
Redfin
RDFN
| $2.61M | ﹤0.01% |
283,753
+121,141
| +74% | +$1.04M |
|
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.