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 | |
|---|---|---|---|---|---|---|
5876
Cracker Barrel
CBRL
$1.29B
| $1.72M | ﹤0.01% |
44,203
+29,633
| +203% | +$1.49M |
|
5877
Invesco Global Water ETF
PIO
$275M
| $1.72M | ﹤0.01% |
42,746
-39,756
| -48% | -$1.61M |
|
5878
PUT
VinFast Auto
VFS
$7.42B
| $1.71M | ﹤0.01% |
539,200
-711,600
| -57% | -$2.65M |
|
5879
Core Alternative Capital
CCOR
$28.2M
| $1.71M | ﹤0.01% |
64,107
-17,723
| -22% | -$461K |
|
|
OSG
5880
PUT
Octave Specialty Group
OSG
$221M
| $1.71M | ﹤0.01% |
195,900
+89,700
| +84% | +$945K |
|
5881
PUT
Helmerich & Payne
HP
$4.42B
| $1.71M | ﹤0.01% |
65,600
+26,100
| +66% | +$759K |
|
5882
First Trust Indxx NextG ETF
NXTG
$576M
| $1.71M | ﹤0.01% |
20,189
-23,718
| -54% | -$2.07M |
|
5883
CALL
BGC Group
BGC
$5.33B
| $1.71M | ﹤0.01% |
186,800
+32,400
| +21% | +$304K |
|
5884
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$609M
| $1.71M | ﹤0.01% |
+22,874
| New | +$1.84M |
|
5885
KBR
KBR
$4.84B
| $1.71M | ﹤0.01% |
34,369
+22,298
| +185% | +$1.19M |
|
|
IEDI
5886
DELISTED
iShares US Consumer Focused ETF
IEDI
| $1.71M | ﹤0.01% |
33,489
-1,644
| -5% | -$88.7K |
|
5887
CALL
FirstCash
FCFS
$9.31B
| $1.71M | ﹤0.01% |
14,200
+1,600
| +13% | +$181K |
|
5888
CALL
WD-40
WDFC
$3.08B
| $1.71M | ﹤0.01% |
7,000
-17,200
| -71% | -$4.07M |
|
5889
State Street SPDR S&P Telecom ETF
XTL
$559M
| $1.71M | ﹤0.01% |
17,088
+13,805
| +420% | +$1.48M |
|
|
MFA
5890
MFA Financial
MFA
$926M
| $1.71M | ﹤0.01% |
166,360
+79,471
| +91% | +$832K |
|
5891
State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
$165M
| $1.71M | ﹤0.01% |
7,085
+3,408
| +93% | +$884K |
|
5892
Ryder
R
$10.1B
| $1.71M | ﹤0.01% |
11,867
-87,792
| -88% | -$13.7M |
|
5893
CALL
iShares S&P 100 ETF
OEF
$20.5B
| $1.71M | ﹤0.01% |
6,300
-26,800
| -81% | -$7.7M |
|
5894
CALL
CNX Resources
CNX
$5.28B
| $1.71M | ﹤0.01% |
54,200
-144,400
| -73% | -$4.35M |
|
5895
PUT
B2Gold
BTG
$6.79B
| $1.71M | ﹤0.01% |
598,600
+77,000
| +15% | +$207K |
|
5896
Adtran
ADTN
$684M
| $1.71M | ﹤0.01% |
195,572
-158,433
| -45% | -$1.59M |
|
5897
FlexShares STOXX Global ESG Select Index Fund
ESGG
$115M
| $1.71M | ﹤0.01% |
10,043
-42,800
| -81% | -$7.45M |
|
5898
G-III Apparel Group
GIII
$1.43B
| $1.7M | ﹤0.01% |
62,337
-12,728
| -17% | -$369K |
|
5899
Zimmer Biomet
ZBH
$19.2B
| $1.7M | ﹤0.01% |
15,063
-99,427
| -87% | -$10.6M |
|
5900
CALL
Matsons
MATX
$6.5B
| $1.7M | ﹤0.01% |
13,300
+6,700
| +102% | +$918K |
|
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.