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 | |
|---|---|---|---|---|---|---|
5551
Boston Properties
BXP
$10.9B
| $1.99M | ﹤0.01% |
29,679
-51,136
| -63% | -$3.59M |
|
5552
JPMorgan BetaBuilders Emerging Markets Equity ETF
BBEM
$858M
| $1.99M | ﹤0.01% |
37,828
-27,794
| -42% | -$1.46M |
|
5553
CALL
Sigma Lithium
SGML
$1.34B
| $1.99M | ﹤0.01% |
191,400
+5,800
| +3% | +$66.6K |
|
5554
Healthpeak Properties
DOC
$14.3B
| $1.99M | ﹤0.01% |
98,417
-294,549
| -75% | -$5.96M |
|
5555
PUT
Clearway Energy Class C
CWEN
$7.01B
| $1.99M | ﹤0.01% |
65,700
+34,600
| +111% | +$941K |
|
5556
PUT
The RealReal
REAL
$1.39B
| $1.99M | ﹤0.01% |
368,900
-81,700
| -18% | -$620K |
|
5557
CRA International
CRAI
$1.06B
| $1.99M | ﹤0.01% |
11,480
+5,002
| +77% | +$926K |
|
5558
PUT
Churchill Downs
CHDN
$6.33B
| $1.99M | ﹤0.01% |
17,900
+14,000
| +359% | +$1.67M |
|
|
UNIT
5559
Uniti Group
UNIT
$2.43B
| $1.99M | ﹤0.01% |
394,072
+129,022
| +49% | +$696K |
|
5560
CorMedix
CRMD
$588M
| $1.99M | ﹤0.01% |
322,350
+295,623
| +1,106% | +$3.06M |
|
|
TSSI
5561
PUT
TSS Inc
TSSI
$273M
| $1.98M | ﹤0.01% |
252,800
+225,000
| +809% | +$2.68M |
|
5562
Annaly Capital Management
NLY
$17.6B
| $1.98M | ﹤0.01% |
97,636
-566,621
| -85% | -$11.7M |
|
5563
First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF
CARZ
$49.2M
| $1.98M | ﹤0.01% |
+37,084
| New | +$2.16M |
|
5564
iShares High Yield Corporate Bond BuyWrite Strategy ETF
HYGW
$112M
| $1.98M | ﹤0.01% |
62,996
+13,168
| +26% | +$418K |
|
5565
Aehr Test Systems
AEHR
$4.37B
| $1.98M | ﹤0.01% |
271,728
+92,969
| +52% | +$1.03M |
|
5566
DHT Holdings
DHT
$3.15B
| $1.98M | ﹤0.01% |
188,601
-158,794
| -46% | -$1.71M |
|
5567
PUT
Ginkgo Bioworks
DNA
$457M
| $1.98M | ﹤0.01% |
347,400
-1,300
| -0.4% | -$13.2K |
|
5568
CALL
Atlanta Braves Holdings Series A
BATRA
$3.68B
| $1.98M | ﹤0.01% |
45,100
+13,100
| +41% | +$557K |
|
5569
ProShares Pet Care ETF
PAWZ
$33.8M
| $1.98M | ﹤0.01% |
37,869
-4,353
| -10% | -$235K |
|
5570
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$19.8M
| $1.98M | ﹤0.01% |
6,138
+2,766
| +82% | +$1.22M |
|
|
KBAB
5571
KraneShares 2x Long BABA Daily ETF
KBAB
$3.46M
| $1.98M | ﹤0.01% |
+88,291
| New | +$2.15M |
|
5572
CALL
Buckle
BKE
$2.27B
| $1.98M | ﹤0.01% |
51,600
+34,700
| +205% | +$1.5M |
|
5573
Olin
OLN
$2.18B
| $1.98M | ﹤0.01% |
81,567
+30,490
| +60% | +$858K |
|
5574
WisdomTree International Multifactor Fund
DWMF
$34.4M
| $1.98M | ﹤0.01% |
67,685
-111
| -0.2% | -$3.13K |
|
|
GLDD
5575
DELISTED
Great Lakes Dredge & Dock
GLDD
| $1.98M | ﹤0.01% |
227,235
+192,624
| +557% | +$1.92M |
|
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.