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 | |
|---|---|---|---|---|---|---|
5851
CALL
Leggett & Platt
LEG
$1.32B
| $1.73M | ﹤0.01% |
218,700
-90,000
| -29% | -$853K |
|
5852
CALL
GraniteShares ETF Trust GraniteShares 2x Long META Daily ETF
FBL
$185M
| $1.73M | ﹤0.01% |
+56,700
| New | +$2.23M |
|
5853
Dorian LPG
LPG
$2.03B
| $1.73M | ﹤0.01% |
77,323
+14,179
| +22% | +$328K |
|
5854
VanEck Digital India ETF
DGIN
$15.8M
| $1.73M | ﹤0.01% |
44,294
+33,863
| +325% | +$1.37M |
|
5855
CALL
Diebold Nixdorf
DBD
$2.48B
| $1.73M | ﹤0.01% |
+39,500
| New | +$1.72M |
|
5856
XPEL
XPEL
$1.38B
| $1.73M | ﹤0.01% |
58,768
+46,610
| +383% | +$1.75M |
|
|
ONIT
5857
PUT
Onity Group
ONIT
$328M
| $1.73M | ﹤0.01% |
+53,400
| New | +$1.77M |
|
5858
Virtus Investment Partners
VRTS
$1.13B
| $1.73M | ﹤0.01% |
10,012
+4,696
| +88% | +$897K |
|
5859
PUT
TORM
TRMD
$3.08B
| $1.73M | ﹤0.01% |
104,700
-47,500
| -31% | -$919K |
|
5860
Phreesia
PHR
$759M
| $1.72M | ﹤0.01% |
67,487
+42,133
| +166% | +$1.15M |
|
5861
FlexShares International Quality Dividend Dynamic Index Fund
IQDY
$114M
| $1.72M | ﹤0.01% |
59,326
-10,208
| -15% | -$295K |
|
5862
PUT
Cheniere Energy
CQP
$33.4B
| $1.72M | ﹤0.01% |
26,100
-22,900
| -47% | -$1.42M |
|
5863
UDR
UDR
$12.2B
| $1.72M | ﹤0.01% |
38,140
-157,003
| -80% | -$6.72M |
|
5864
PUT
NCR Atleos
NATL
$3.47B
| $1.72M | ﹤0.01% |
65,300
-138,000
| -68% | -$4.1M |
|
5865
PUT
Aramark
ARMK
$16.4B
| $1.72M | ﹤0.01% |
49,900
-33,200
| -40% | -$1.22M |
|
|
VNET
5866
PUT
VNET Group
VNET
$2.16B
| $1.72M | ﹤0.01% |
+210,000
| New | +$1.93M |
|
5867
Myomo
MYO
$68.1M
| $1.72M | ﹤0.01% |
357,913
+80,552
| +29% | +$459K |
|
5868
D-Wave Quantum Inc
QBTS
$7.88B
| $1.72M | ﹤0.01% |
226,507
-1,557,522
| -87% | -$10.5M |
|
5869
Greif
GEF
$4.97B
| $1.72M | ﹤0.01% |
31,270
+18,668
| +148% | +$1.1M |
|
5870
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.42B
| $1.72M | ﹤0.01% |
15,600
-9,000
| -37% | -$990K |
|
5871
PUT
Coeur Mining
CDE
$19.3B
| $1.72M | ﹤0.01% |
290,300
+83,900
| +41% | +$518K |
|
5872
First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF
FPXI
$301M
| $1.72M | ﹤0.01% |
36,487
-5,121
| -12% | -$254K |
|
5873
CALL
Pacific Biosciences
PACB
$357M
| $1.72M | ﹤0.01% |
+1,456,100
| New | +$2.23M |
|
5874
CALL
ZipRecruiter
ZIP
$386M
| $1.72M | ﹤0.01% |
+291,500
| New | +$1.94M |
|
5875
Stepan Co
SCL
$1.48B
| $1.72M | ﹤0.01% |
31,191
+21,066
| +208% | +$1.29M |
|
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.