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 | |
|---|---|---|---|---|---|---|
6076
Invesco MSCI Global Timber ETF
CUT
$33.4M
| $1.58M | ﹤0.01% |
51,546
+2,385
| +5% | +$76.7K |
|
6077
PUT
Constellium
CSTM
$4.03B
| $1.58M | ﹤0.01% |
157,000
+96,400
| +159% | +$1.02M |
|
6078
nVent Electric
NVT
$28.3B
| $1.58M | ﹤0.01% |
30,213
+25,859
| +594% | +$1.63M |
|
6079
CACI
CACI
$14.6B
| $1.58M | ﹤0.01% |
4,316
-1,768
| -29% | -$677K |
|
6080
PUT
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.6B
| $1.58M | ﹤0.01% |
19,700
-38,000
| -66% | -$3.32M |
|
6081
CALL
GCM Grosvenor
GCMG
$2.78B
| $1.58M | ﹤0.01% |
+119,500
| New | +$1.6M |
|
|
RDUS
6082
CALL
DELISTED
Radius Recycling
RDUS
| $1.58M | ﹤0.01% |
54,700
+18,100
| +49% | +$292K |
|
6083
FT Vest US Equity Moderate Buffer ETF July
GJUL
$410M
| $1.58M | ﹤0.01% |
43,942
+473
| +1% | +$17.4K |
|
6084
PUT
Vanguard Morningstar Mid-Cap ETF
VO
$111B
| $1.58M | ﹤0.01% |
24,400
+9,600
| +65% | +$644K |
|
|
MOMO
6085
CALL
Hello Group
MOMO
$844M
| $1.58M | ﹤0.01% |
250,000
-376,600
| -60% | -$2.72M |
|
|
CTEV
6086
Claritev Corp
CTEV
$612M
| $1.58M | ﹤0.01% |
+76,449
| New | +$1.52M |
|
6087
CALL
Fiverr
FVRR
$317M
| $1.58M | ﹤0.01% |
66,600
-319,100
| -83% | -$9.28M |
|
6088
State Street SPDR Portfolio TIPS ETF
SPIP
$1.01B
| $1.58M | ﹤0.01% |
59,743
+45,679
| +325% | +$1.18M |
|
|
SMCX
6089
Defiance Daily Target 2X Long SMCI ETF
SMCX
$252M
| $1.58M | ﹤0.01% |
24,358
+6,748
| +38% | +$690K |
|
6090
German American Bancorp
GABC
$1.92B
| $1.58M | ﹤0.01% |
42,011
+18,146
| +76% | +$714K |
|
6091
iShares Expanded Tech Sector ETF
IGM
$10.9B
| $1.57M | ﹤0.01% |
17,369
-246
| -1% | -$24.8K |
|
6092
PUT
Agree Realty
ADC
$9.22B
| $1.57M | ﹤0.01% |
20,400
+12,100
| +146% | +$887K |
|
6093
JPMorgan Municipal ETF
JMUB
$8.5B
| $1.57M | ﹤0.01% |
31,493
+8,513
| +37% | +$428K |
|
6094
West Pharmaceutical
WST
$24.6B
| $1.57M | ﹤0.01% |
7,031
-27,165
| -79% | -$7.49M |
|
|
GPGI
6095
CALL
GPGI Inc
GPGI
$3.73B
| $1.57M | ﹤0.01% |
144,800
+50,166
| +53% | +$616K |
|
6096
VanEck Vietnam ETF
VNM
$496M
| $1.57M | ﹤0.01% |
126,098
-148,298
| -54% | -$1.76M |
|
6097
ProShares Short Russell2000
RWM
$109M
| $1.57M | ﹤0.01% |
75,785
+38,071
| +101% | +$732K |
|
6098
WisdomTree
WT
$3.47B
| $1.57M | ﹤0.01% |
176,250
+71,035
| +68% | +$662K |
|
6099
Peoples Bancorp
PEBO
$1.48B
| $1.57M | ﹤0.01% |
53,001
+22,926
| +76% | +$720K |
|
|
DFTX
6100
CALL
Definium Therapeutics
DFTX
$5.99B
| $1.57M | ﹤0.01% |
268,700
+194,600
| +263% | +$1.39M |
|
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.