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 | |
|---|---|---|---|---|---|---|
5026
PUT
Utz Brands
UTZ
$1.26B
| $2.52M | ﹤0.01% |
178,700
+128,500
| +256% | +$1.77M |
|
5027
PUT
Teleflex
TFX
$5.81B
| $2.52M | ﹤0.01% |
18,200
+10,300
| +130% | +$1.67M |
|
5028
Vanguard Total Bond Market
BND
$161B
| $2.51M | ﹤0.01% |
+34,186
| New | +$2.48M |
|
5029
PUT
GlobalFoundries
GFS
$30B
| $2.51M | ﹤0.01% |
68,000
-264,600
| -80% | -$10.7M |
|
5030
Invesco DB Precious Metals Fund
DBP
$257M
| $2.51M | ﹤0.01% |
35,126
+806
| +2% | +$53.3K |
|
5031
PUT
ProShares Short S&P500
SH
$841M
| $2.51M | ﹤0.01% |
56,300
+18,300
| +48% | +$779K |
|
|
TGI
5032
DELISTED
Triumph Group
TGI
| $2.51M | ﹤0.01% |
98,998
+48,884
| +98% | +$1.13M |
|
|
HOLX
5033
PUT
DELISTED
Hologic
HOLX
| $2.51M | ﹤0.01% |
40,600
-78,000
| -66% | -$5.17M |
|
5034
iShares Paris-Aligned Climate Optimized MSCI USA ETF
PABU
$2.55B
| $2.51M | ﹤0.01% |
41,849
-3,869
| -8% | -$247K |
|
5035
PUT
Waters Corp
WAT
$40.5B
| $2.51M | ﹤0.01% |
6,800
+2,700
| +66% | +$1.05M |
|
5036
DigitalBridge
DBRG
$2.94B
| $2.51M | ﹤0.01% |
284,133
-72,275
| -20% | -$759K |
|
5037
CALL
Lamar Advertising Co
LAMR
$15.8B
| $2.5M | ﹤0.01% |
22,000
+1,100
| +5% | +$134K |
|
5038
Rockwell Automation
ROK
$49.9B
| $2.5M | ﹤0.01% |
9,685
-50,526
| -84% | -$14.1M |
|
5039
PUT
Fortis
FTS
$29B
| $2.5M | ﹤0.01% |
+54,900
| New | +$2.39M |
|
|
SKYT
5040
CALL
DELISTED
SkyWater Technology
SKYT
| $2.5M | ﹤0.01% |
352,800
-207,000
| -37% | -$2.03M |
|
5041
ACV Auctions
ACVA
$1.4B
| $2.5M | ﹤0.01% |
177,449
+112,974
| +175% | +$2.08M |
|
5042
CALL
United Microelectronic
UMC
$48B
| $2.5M | ﹤0.01% |
349,500
+325,500
| +1,356% | +$2.07M |
|
|
CALY
5043
PUT
Callaway Golf Company
CALY
$2.94B
| $2.5M | ﹤0.01% |
378,900
+147,900
| +64% | +$1.09M |
|
5044
PUT
Dave Inc
DAVE
$4.27B
| $2.5M | ﹤0.01% |
30,200
+23,800
| +372% | +$2.23M |
|
5045
Invesco Galaxy Bitcoin ETF
BTCO
$422M
| $2.5M | ﹤0.01% |
30,349
+10,165
| +50% | +$945K |
|
5046
FT Vest Growth-100 Buffer ETF March
QMAR
$583M
| $2.49M | ﹤0.01% |
88,172
+69,164
| +364% | +$2.06M |
|
5047
PUT
Oshkosh
OSK
$9.44B
| $2.49M | ﹤0.01% |
26,500
+12,400
| +88% | +$1.24M |
|
5048
PUT
Invesco
IVZ
$14.4B
| $2.49M | ﹤0.01% |
164,300
-448,600
| -73% | -$7.66M |
|
5049
CALL
Synaptics
SYNA
$4.25B
| $2.49M | ﹤0.01% |
39,100
+24,900
| +175% | +$1.8M |
|
5050
Sabre
SABR
$900M
| $2.49M | ﹤0.01% |
885,992
+501,801
| +131% | +$1.78M |
|
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.