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 | |
|---|---|---|---|---|---|---|
|
JAMF
5201
CALL
DELISTED
Jamf
JAMF
| $2.31M | ﹤0.01% |
190,100
+118,100
| +164% | +$1.69M |
|
5202
T-Rex 2X Inverse Tesla Daily Target ETF
TSLZ
$28M
| $2.31M | ﹤0.01% |
27,488
-27,213
| -50% | -$1.89M |
|
|
UMH
5203
UMH Properties
UMH
$1.4B
| $2.31M | ﹤0.01% |
123,470
+5,785
| +5% | +$105K |
|
5204
iShares US Insurance ETF
IAK
$539M
| $2.31M | ﹤0.01% |
16,746
+14,610
| +684% | +$1.91M |
|
5205
Microvision
MVIS
$53M
| $2.31M | ﹤0.01% |
123,981
+57,314
| +86% | +$1.2M |
|
5206
PUT
SLM Corp
SLM
$5.27B
| $2.31M | ﹤0.01% |
78,500
+8,500
| +12% | +$249K |
|
5207
Waters Corp
WAT
$40.5B
| $2.31M | ﹤0.01% |
6,255
-36,921
| -86% | -$14.3M |
|
5208
Atomera
ATOM
$219M
| $2.31M | ﹤0.01% |
576,287
-48,258
| -8% | -$376K |
|
5209
CALL
Tecnoglass Holdings
TGLS
$1.86B
| $2.3M | ﹤0.01% |
32,200
-57,600
| -64% | -$4.28M |
|
5210
CALL
Acadia Pharmaceuticals
ACAD
$4.87B
| $2.3M | ﹤0.01% |
138,700
-505,100
| -78% | -$9.18M |
|
5211
Global Partners
GLP
$1.72B
| $2.3M | ﹤0.01% |
43,134
-61,690
| -59% | -$3.33M |
|
5212
American Water Works
AWK
$27.1B
| $2.3M | ﹤0.01% |
15,604
-98,342
| -86% | -$13M |
|
5213
United States Antimony
UAMY
$825M
| $2.3M | ﹤0.01% |
1,045,940
+604,461
| +137% | +$1.05M |
|
5214
KraneShares 100% KWEB Defined Outcome January 2026 ETF
KPRO
$3.36M
| $2.3M | ﹤0.01% |
81,778
+1,187
| +1% | +$32.7K |
|
5215
iShares Core S&P Small-Cap ETF
IJR
$114B
| $2.3M | ﹤0.01% |
21,971
-34,755
| -61% | -$3.92M |
|
5216
PUT
Main Street Capital
MAIN
$5.5B
| $2.3M | ﹤0.01% |
+40,600
| New | +$2.41M |
|
5217
PUT
FuelCell Energy
FCEL
$1.79B
| $2.3M | ﹤0.01% |
500,100
-296,000
| -37% | -$2.21M |
|
|
EFOR
5218
PUT
Everforth Inc
EFOR
$1.3B
| $2.29M | ﹤0.01% |
+36,400
| New | +$2.8M |
|
5219
ProShares Ultra Russell2000
UWM
$251M
| $2.29M | ﹤0.01% |
68,543
-40,963
| -37% | -$1.64M |
|
|
SAND
5220
DELISTED
Sandstorm Gold
SAND
| $2.29M | ﹤0.01% |
303,247
-437,322
| -59% | -$2.73M |
|
5221
InMode
INMD
$872M
| $2.29M | ﹤0.01% |
129,059
-126,496
| -49% | -$2.28M |
|
5222
CALL
Freshworks
FRSH
$3.5B
| $2.29M | ﹤0.01% |
162,100
+57,800
| +55% | +$968K |
|
5223
NEOS S&P 500 High Income ETF
SPYI
$11.4B
| $2.29M | ﹤0.01% |
47,750
+25,335
| +113% | +$1.28M |
|
5224
CALL
Hallador Energy
HNRG
$762M
| $2.29M | ﹤0.01% |
186,200
+174,200
| +1,452% | +$1.96M |
|
5225
Virtus Reaves Utilities ETF
UTES
$1.33B
| $2.28M | ﹤0.01% |
35,369
-33,670
| -49% | -$2.26M |
|
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.