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 | |
|---|---|---|---|---|---|---|
5101
PUT
National Vision
EYE
$1.53B
| $2.44M | ﹤0.01% |
+190,600
| New | +$2.25M |
|
5102
PUT
Extra Space Storage
EXR
$31.2B
| $2.44M | ﹤0.01% |
16,400
+800
| +5% | +$121K |
|
5103
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.98B
| $2.43M | ﹤0.01% |
63,384
+49,669
| +362% | +$2.06M |
|
5104
Vera Therapeutics
VERA
$2.28B
| $2.43M | ﹤0.01% |
101,279
+74,460
| +278% | +$2.39M |
|
5105
First Hawaiian
FHB
$3.37B
| $2.43M | ﹤0.01% |
99,464
+45,185
| +83% | +$1.18M |
|
5106
PUT
Beam Therapeutics
BEAM
$2.76B
| $2.43M | ﹤0.01% |
124,400
+60,400
| +94% | +$1.58M |
|
5107
BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF
XTEN
$1.04B
| $2.43M | ﹤0.01% |
52,157
+22,196
| +74% | +$1.01M |
|
|
SA
5108
PUT
Seabridge Gold
SA
$3.62B
| $2.43M | ﹤0.01% |
208,100
-19,900
| -9% | -$236K |
|
5109
Birkenstock
BIRK
$7B
| $2.42M | ﹤0.01% |
+52,869
| New | +$2.78M |
|
5110
Fastly Inc
FSLY
$4.77B
| $2.42M | ﹤0.01% |
382,883
+56,409
| +17% | +$471K |
|
|
NUTX
5111
Nutex Health
NUTX
$1.28B
| $2.42M | ﹤0.01% |
+51,500
| New | +$2.51M |
|
5112
CALL
KULR Technology Group
KULR
$122M
| $2.42M | ﹤0.01% |
229,213
-147,200
| -39% | -$2.3M |
|
5113
Natera
NTRA
$44.7B
| $2.42M | ﹤0.01% |
17,113
-109,749
| -87% | -$17.6M |
|
5114
iShares US Real Estate ETF
IYR
$4.59B
| $2.42M | ﹤0.01% |
25,267
-107,360
| -81% | -$10.2M |
|
5115
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.1B
| $2.42M | ﹤0.01% |
36,504
+3,790
| +12% | +$289K |
|
|
THS
5116
CALL
DELISTED
Treehouse Foods
THS
| $2.42M | ﹤0.01% |
89,200
+36,000
| +68% | +$1.14M |
|
5117
Schwab US REIT ETF
SCHH
$11.4B
| $2.42M | ﹤0.01% |
+112,330
| New | +$2.4M |
|
5118
Coursera
COUR
$1.53B
| $2.41M | ﹤0.01% |
361,956
+254,496
| +237% | +$2.02M |
|
5119
Hayward Holdings
HAYW
$3.22B
| $2.41M | ﹤0.01% |
172,950
+104,661
| +153% | +$1.52M |
|
5120
CALL
Kimbell Royalty Partners
KRP
$1.52B
| $2.41M | ﹤0.01% |
171,900
+75,400
| +78% | +$1.14M |
|
|
LKFT
5121
CALL
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.8B
| $2.4M | ﹤0.01% |
95,700
-10,600
| -10% | -$268K |
|
5122
PUT
Marten Transport
MRTN
$1.24B
| $2.4M | ﹤0.01% |
+175,200
| New | +$2.61M |
|
5123
Agios Pharmaceuticals
AGIO
$2B
| $2.4M | ﹤0.01% |
81,962
-88,542
| -52% | -$2.94M |
|
5124
ResMed
RMD
$32.4B
| $2.4M | ﹤0.01% |
10,728
-49,251
| -82% | -$11.5M |
|
5125
CALL
SelectQuote
SLQT
$129M
| $2.4M | ﹤0.01% |
718,600
+226,700
| +46% | +$961K |
|
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.