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 | |
|---|---|---|---|---|---|---|
551
CALL
Digital Realty Trust
DLR
$70.8B
| $126M | 0.02% |
880,800
+208,600
| +31% | +$33.9M |
|
552
CALL
Cameco
CCJ
$42.4B
| $126M | 0.02% |
3,062,400
-1,549,500
| -34% | -$72.9M |
|
553
PUT
Take-Two Interactive
TTWO
$47.4B
| $126M | 0.02% |
607,800
-759,000
| -56% | -$152M |
|
554
CALL
BP
BP
$110B
| $126M | 0.02% |
3,724,500
+267,500
| +8% | +$8.73M |
|
555
CALL
Kimberly-Clark
KMB
$35.9B
| $126M | 0.02% |
883,700
+201,900
| +30% | +$27.2M |
|
556
PUT
Elevance Health
ELV
$86.2B
| $126M | 0.02% |
288,800
+13,100
| +5% | +$5.26M |
|
|
B
557
Barrick Mining
B
$68.5B
| $126M | 0.02% |
6,459,219
+3,117,695
| +93% | +$54.6M |
|
558
PUT
Roblox
RBLX
$26.5B
| $125M | 0.02% |
2,149,400
+448,600
| +26% | +$28.2M |
|
559
CALL
Rocket Lab Corp
RKLB
$50B
| $125M | 0.02% |
6,991,500
-24,600
| -0.4% | -$589K |
|
560
PUT
Valero Energy
VLO
$90.7B
| $125M | 0.02% |
944,300
-512,400
| -35% | -$68M |
|
561
CALL
C3.ai
AI
$1.62B
| $125M | 0.02% |
5,921,500
+49,600
| +0.8% | +$1.41M |
|
562
PUT
Wynn Resorts
WYNN
$10.6B
| $125M | 0.02% |
1,491,400
+184,500
| +14% | +$15.7M |
|
563
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.4B
| $124M | 0.02% |
3,156,600
+19,600
| +0.6% | +$766K |
|
564
PUT
Williams Companies
WMB
$87.9B
| $124M | 0.02% |
2,077,900
+244,000
| +13% | +$14M |
|
565
CALL
Enterprise Products Partners
EPD
$82B
| $123M | 0.02% |
3,611,000
+288,300
| +9% | +$9.6M |
|
566
Wells Fargo
WFC
$265B
| $123M | 0.02% |
1,716,922
-1,007,115
| -37% | -$75.6M |
|
567
PUT
Medtronic
MDT
$114B
| $123M | 0.02% |
1,369,400
+393,700
| +40% | +$35.2M |
|
568
CALL
SiriusXM
SIRI
$9.7B
| $123M | 0.02% |
5,439,100
+619,300
| +13% | +$14.6M |
|
569
CALL
VanEck Oil Services ETF
OIH
$1.95B
| $123M | 0.02% |
467,700
+71,700
| +18% | +$19.5M |
|
570
PUT
Nucor
NUE
$62.5B
| $122M | 0.02% |
1,017,100
+373,700
| +58% | +$48.1M |
|
571
Humana
HUM
$46.3B
| $122M | 0.02% |
462,471
+172,390
| +59% | +$46.6M |
|
572
CALL
Aon
AON
$75.7B
| $122M | 0.02% |
305,800
+2,900
| +1% | +$1.11M |
|
573
PUT
NextEra Energy
NEE
$177B
| $121M | 0.02% |
1,706,900
-467,600
| -22% | -$33M |
|
574
First Solar
FSLR
$25.7B
| $121M | 0.02% |
954,417
+784,189
| +461% | +$122M |
|
|
AXON
575
CALL
Axon Enterprise
AXON
$48.4B
| $120M | 0.02% |
229,000
-114,400
| -33% | -$67M |
|
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.