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 | |
|---|---|---|---|---|---|---|
6001
Kelly Services Class A
KELYA
$556M
| $1.63M | ﹤0.01% |
124,012
+1,848
| +2% | +$25.2K |
|
6002
CALL
iShares US Telecommunications ETF
IYZ
$1.28B
| $1.63M | ﹤0.01% |
59,600
+1,800
| +3% | +$49.7K |
|
6003
PUT
NiSource
NI
$20.3B
| $1.63M | ﹤0.01% |
40,700
+32,000
| +368% | +$1.23M |
|
6004
CALL
Fortune Brands Innovations
FBIN
$5.53B
| $1.63M | ﹤0.01% |
26,800
+19,700
| +277% | +$1.32M |
|
6005
PUT
Henry Schein
HSIC
$10B
| $1.63M | ﹤0.01% |
23,800
-3,700
| -13% | -$273K |
|
6006
Jacobs Solutions
J
$16.7B
| $1.63M | ﹤0.01% |
13,615
-40,582
| -75% | -$5.22M |
|
6007
Nutrien
NTR
$32.8B
| $1.63M | ﹤0.01% |
32,805
-77,094
| -70% | -$3.94M |
|
6008
CALL
HealthEquity
HQY
$8.62B
| $1.63M | ﹤0.01% |
18,400
-46,600
| -72% | -$4.78M |
|
6009
Vanguard High Dividend Yield ETF
VYM
$83.9B
| $1.63M | ﹤0.01% |
+12,607
| New | +$1.65M |
|
6010
PUT
Philips
PHG
$26.5B
| $1.63M | ﹤0.01% |
69,185
+50,808
| +276% | +$1.24M |
|
|
JBTM
6011
CALL
JBT Marel
JBTM
$6.18B
| $1.63M | ﹤0.01% |
13,300
+600
| +5% | +$76K |
|
|
NNDM
6012
CALL
Nano Dimension
NNDM
$346M
| $1.62M | ﹤0.01% |
1,020,900
+939,300
| +1,151% | +$2.13M |
|
6013
MiMedx Group
MDXG
$617M
| $1.62M | ﹤0.01% |
213,559
-123,466
| -37% | -$1.03M |
|
6014
CALL
iShares Expanded Tech Sector ETF
IGM
$10.9B
| $1.62M | ﹤0.01% |
17,900
-104,500
| -85% | -$10.6M |
|
|
CMRX
6015
CALL
DELISTED
Chimerix, Inc.
CMRX
| $1.62M | ﹤0.01% |
190,700
+61,000
| +47% | +$337K |
|
6016
Fiverr
FVRR
$316M
| $1.62M | ﹤0.01% |
68,512
-5,181
| -7% | -$151K |
|
6017
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5.13B
| $1.62M | ﹤0.01% |
20,684
-25,699
| -55% | -$2.18M |
|
|
BTCZ
6018
T-Rex 2X Inverse Bitcoin Daily Target ETF
BTCZ
$22.1M
| $1.62M | ﹤0.01% |
246,899
+168,266
| +214% | +$951K |
|
6019
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.57B
| $1.62M | ﹤0.01% |
30,565
-18,213
| -37% | -$995K |
|
6020
CALL
Anavex Life Sciences
AVXL
$295M
| $1.62M | ﹤0.01% |
188,800
-24,800
| -12% | -$234K |
|
6021
PUT
ARK 21Shares Bitcoin ETF
ARKB
$2.42B
| $1.62M | ﹤0.01% |
59,100
-45,000
| -43% | -$1.39M |
|
6022
CALL
Ashland
ASH
$3.39B
| $1.62M | ﹤0.01% |
27,300
+19,800
| +264% | +$1.26M |
|
|
ETHU
6023
CALL
2x Ether ETF
ETHU
$733M
| $1.62M | ﹤0.01% |
+43,980
| New | +$4.03M |
|
|
TWOX
6024
iShares Large Cap Accelerated Outcome ETF
TWOX
$22.9M
| $1.62M | ﹤0.01% |
+68,673
| New | +$1.7M |
|
6025
PROG Holdings
PRG
$1.69B
| $1.62M | ﹤0.01% |
60,775
+41,067
| +208% | +$1.45M |
|
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.