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 | |
|---|---|---|---|---|---|---|
6126
MediaAlpha
MAX
$777M
| $1.55M | ﹤0.01% |
168,032
+136,779
| +438% | +$1.46M |
|
|
KLG
6127
DELISTED
WK Kellogg Co
KLG
| $1.55M | ﹤0.01% |
77,880
+42,735
| +122% | +$779K |
|
6128
Fidelity Total Bond ETF
FBND
$27.3B
| $1.55M | ﹤0.01% |
+33,994
| New | +$1.54M |
|
6129
CALL
iShares Core Dividend Growth ETF
DGRO
$43.6B
| $1.55M | ﹤0.01% |
25,100
+7,000
| +39% | +$439K |
|
6130
FT Vest US Equity Buffer ETF October
FOCT
$1.18B
| $1.55M | ﹤0.01% |
+37,364
| New | +$1.6M |
|
6131
CALL
Gaotu Techedu
GOTU
$398M
| $1.55M | ﹤0.01% |
477,100
+116,100
| +32% | +$321K |
|
6132
ProShares UltraPro Short Russell2000
SRTY
$66.1M
| $1.55M | ﹤0.01% |
15,669
+12,732
| +434% | +$1.02M |
|
6133
PUT
iShares Mortgage Real Estate ETF
REM
$547M
| $1.55M | ﹤0.01% |
69,000
-98,000
| -59% | -$2.21M |
|
6134
PUT
NOV
NOV
$7.6B
| $1.55M | ﹤0.01% |
101,700
+70,900
| +230% | +$1.06M |
|
|
VRN
6135
PUT
DELISTED
Veren
VRN
| $1.55M | ﹤0.01% |
233,600
-150,900
| -39% | -$835K |
|
6136
PUT
Asbury Automotive
ABG
$3.74B
| $1.55M | ﹤0.01% |
7,000
-1,600
| -19% | -$418K |
|
6137
Winmark
WINA
$1.24B
| $1.55M | ﹤0.01% |
4,863
+466
| +11% | +$166K |
|
|
AIOT
6138
PowerFleet Inc
AIOT
$395M
| $1.55M | ﹤0.01% |
281,461
+240,544
| +588% | +$1.54M |
|
6139
ProShares Ultra Semiconductors
USD
$3.07B
| $1.55M | ﹤0.01% |
76,566
+54,626
| +249% | +$1.57M |
|
6140
CALL
T-Rex 2X Inverse Tesla Daily Target ETF
TSLZ
$28M
| $1.54M | ﹤0.01% |
+18,390
| New | +$1.28M |
|
6141
Innovator Equity Managed Floor ETF
SFLR
$2.17B
| $1.54M | ﹤0.01% |
49,210
+30,283
| +160% | +$990K |
|
6142
CALL
Under Armour
UAA
$2.27B
| $1.54M | ﹤0.01% |
247,000
-220,600
| -47% | -$1.64M |
|
|
DFUS
6143
Dimensional US Equity ETF
DFUS
$21.8B
| $1.54M | ﹤0.01% |
25,515
+5,299
| +26% | +$339K |
|
6144
Invesco CEF Income Composite ETF
PCEF
$820M
| $1.54M | ﹤0.01% |
+81,833
| New | +$1.59M |
|
6145
PUT
Eastman Chemical
EMN
$8.36B
| $1.54M | ﹤0.01% |
17,500
+10,500
| +150% | +$991K |
|
6146
First Trust Intermediate Duration Investment Grade Corporate ETF
FIIG
$644M
| $1.54M | ﹤0.01% |
74,288
+62,535
| +532% | +$1.29M |
|
6147
iShares GNMA Bond ETF
GNMA
$432M
| $1.54M | ﹤0.01% |
35,095
+23,050
| +191% | +$998K |
|
6148
Innovator US Equity Power Buffer ETF May
PMAY
$817M
| $1.54M | ﹤0.01% |
43,029
+20,468
| +91% | +$740K |
|
6149
Adaptive Alpha Opportunities ETF
AGOX
$393M
| $1.54M | ﹤0.01% |
+62,928
| New | +$1.7M |
|
6150
Sonic Automotive
SAH
$2.57B
| $1.54M | ﹤0.01% |
27,020
-5,127
| -16% | -$345K |
|
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.