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 | |
|---|---|---|---|---|---|---|
5601
PUT
Elanco Animal Health
ELAN
$11.8B
| $1.95M | ﹤0.01% |
186,000
+48,900
| +36% | +$553K |
|
5602
iShares Russell Top 200 Value ETF
IWX
$4.04B
| $1.95M | ﹤0.01% |
23,715
+9,769
| +70% | +$804K |
|
5603
PUT
Brighthouse Financial
BHF
$3.37B
| $1.94M | ﹤0.01% |
33,500
+23,200
| +225% | +$1.3M |
|
|
QQA
5604
Invesco QQQ Income Advantage ETF
QQA
$832M
| $1.94M | ﹤0.01% |
42,349
+10,367
| +32% | +$512K |
|
5605
Gogo Inc
GOGO
$383M
| $1.94M | ﹤0.01% |
225,182
+22,012
| +11% | +$172K |
|
5606
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.74B
| $1.94M | ﹤0.01% |
58,501
+29,176
| +99% | +$961K |
|
5607
PUT
Visteon
VC
$2.89B
| $1.94M | ﹤0.01% |
25,000
-32,900
| -57% | -$2.77M |
|
5608
CALL
Vita Coco
COCO
$3.77B
| $1.94M | ﹤0.01% |
63,300
+8,900
| +16% | +$317K |
|
5609
Dime Commercial Bancshares
DCOM
$1.81B
| $1.94M | ﹤0.01% |
69,536
+49,207
| +242% | +$1.49M |
|
|
ARI
5610
Apollo Commercial Real Estate
ARI
$876M
| $1.94M | ﹤0.01% |
202,446
+93,294
| +85% | +$886K |
|
5611
Diamondrock Hospitality Co
DRH
$2.53B
| $1.94M | ﹤0.01% |
250,665
+130,067
| +108% | +$1.1M |
|
|
ZAUG
5612
Innovator Equity Defined Protection ETF - 1 Yr August
ZAUG
$123M
| $1.93M | ﹤0.01% |
78,356
+56,391
| +257% | +$1.41M |
|
5613
Liberty Media Series C
FWONK
$26B
| $1.93M | ﹤0.01% |
+21,486
| New | +$1.99M |
|
5614
PUT
iShares US Transportation ETF
IYT
$2.28B
| $1.93M | ﹤0.01% |
30,200
-57,900
| -66% | -$3.99M |
|
5615
Southern Copper
SCCO
$156B
| $1.93M | ﹤0.01% |
21,940
-23,646
| -52% | -$2.1M |
|
5616
PUT
Healthpeak Properties
DOC
$14.3B
| $1.93M | ﹤0.01% |
95,600
+76,400
| +398% | +$1.55M |
|
5617
CALL
Tiptree Inc
TIPT
$672M
| $1.93M | ﹤0.01% |
+80,200
| New | +$1.71M |
|
5618
CALL
Bausch Health
BHC
$2.43B
| $1.93M | ﹤0.01% |
298,500
-1,056,400
| -78% | -$7.59M |
|
5619
Valvoline
VVV
$4.36B
| $1.93M | ﹤0.01% |
55,457
-528
| -0.9% | -$19.3K |
|
5620
Amplify Mobile Payments ETF
IPAY
$188M
| $1.93M | ﹤0.01% |
36,271
-26,605
| -42% | -$1.53M |
|
5621
Pediatrix Medical
MD
$2.16B
| $1.93M | ﹤0.01% |
133,092
+70,407
| +112% | +$1M |
|
5622
ChargePoint
CHPT
$160M
| $1.93M | ﹤0.01% |
159,351
-4,839
| -3% | -$80.7K |
|
5623
CALL
Orion
OEC
$364M
| $1.93M | ﹤0.01% |
149,100
+118,500
| +387% | +$1.68M |
|
5624
Upbound Group
UPBD
$1.14B
| $1.93M | ﹤0.01% |
80,426
+24,691
| +44% | +$678K |
|
5625
Kimco Realty
KIM
$16.4B
| $1.93M | ﹤0.01% |
90,677
-237,971
| -72% | -$5.19M |
|
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.