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 | |
|---|---|---|---|---|---|---|
5451
iShares US Treasury Bond ETF
GOVT
$43.7B
| $2.08M | ﹤0.01% |
90,515
-91,802
| -50% | -$2.08M |
|
5452
La-Z-Boy
LZB
$1.67B
| $2.08M | ﹤0.01% |
53,202
+34,582
| +186% | +$1.5M |
|
5453
Direxion Daily AMZN Bull 2X ETF
AMZU
$309M
| $2.08M | ﹤0.01% |
69,375
-4,239
| -6% | -$171K |
|
5454
Fidelity Enhanced Large Cap Value ETF
FELV
$3.44B
| $2.08M | ﹤0.01% |
+67,611
| New | +$2.11M |
|
5455
Harmony Biosciences
HRMY
$2.22B
| $2.08M | ﹤0.01% |
62,545
+44,216
| +241% | +$1.59M |
|
5456
CALL
Iovance Biotherapeutics
IOVA
$3.16B
| $2.07M | ﹤0.01% |
623,100
+190,500
| +44% | +$982K |
|
|
EXK
5457
Endeavour Silver
EXK
$3.16B
| $2.07M | ﹤0.01% |
485,783
-54,197
| -10% | -$218K |
|
5458
PUT
Brunswick
BC
$5.36B
| $2.07M | ﹤0.01% |
38,500
+24,600
| +177% | +$1.54M |
|
5459
Innovator Growth-100 Power Buffer ETF January
NJAN
$356M
| $2.07M | ﹤0.01% |
+44,694
| New | +$2.15M |
|
|
CALY
5460
CALL
Callaway Golf Company
CALY
$2.94B
| $2.07M | ﹤0.01% |
314,400
+262,100
| +501% | +$1.92M |
|
5461
PUT
Haemonetics
HAE
$4.13B
| $2.07M | ﹤0.01% |
32,600
-104,100
| -76% | -$7.08M |
|
5462
PUT
Vanguard Total Bond Market
BND
$161B
| $2.07M | ﹤0.01% |
28,200
+23,700
| +527% | +$1.72M |
|
5463
Knowles
KN
$3.29B
| $2.07M | ﹤0.01% |
135,892
+68,396
| +101% | +$1.22M |
|
5464
Affiliated Managers Group
AMG
$9.89B
| $2.07M | ﹤0.01% |
12,291
+2,044
| +20% | +$356K |
|
5465
PUT
Vanguard Health Care ETF
VHT
$18.9B
| $2.06M | ﹤0.01% |
7,800
-2,700
| -26% | -$719K |
|
5466
PUT
Gen Digital
GEN
$17B
| $2.06M | ﹤0.01% |
77,800
-73,000
| -48% | -$2M |
|
5467
First Trust Active Global Quality Income ETF
AGQI
$56M
| $2.06M | ﹤0.01% |
147,840
+94,401
| +177% | +$1.32M |
|
5468
Essex Property Trust
ESS
$18.5B
| $2.06M | ﹤0.01% |
6,731
-18,090
| -73% | -$5.29M |
|
|
BBT
5469
Beacon Financial Corp
BBT
$2.69B
| $2.06M | ﹤0.01% |
79,044
+55,893
| +241% | +$1.56M |
|
5470
Integra LifeSciences
IART
$1.43B
| $2.06M | ﹤0.01% |
93,761
+42,965
| +85% | +$1.01M |
|
5471
CALL
Keros Therapeutics
KROS
$200M
| $2.06M | ﹤0.01% |
202,300
+182,000
| +897% | +$2.11M |
|
5472
First Trust Industrials/Producer Durables AlphaDEX Fund
FXR
$773M
| $2.06M | ﹤0.01% |
29,590
-10,909
| -27% | -$813K |
|
5473
Eagle Materials
EXP
$6.4B
| $2.06M | ﹤0.01% |
9,264
+7,433
| +406% | +$1.76M |
|
5474
PUT
Goosehead Insurance
GSHD
$2.35B
| $2.05M | ﹤0.01% |
17,400
+9,500
| +120% | +$1.07M |
|
5475
PUT
Boyd Gaming
BYD
$6.11B
| $2.05M | ﹤0.01% |
31,200
-22,100
| -41% | -$1.62M |
|
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.