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 | |
|---|---|---|---|---|---|---|
|
AISP
6151
CALL
Airship AI Holdings
AISP
$69.6M
| $1.54M | ﹤0.01% |
398,500
-88,400
| -18% | -$411K |
|
6152
Designer Brands
DBI
$296M
| $1.54M | ﹤0.01% |
421,015
+193,438
| +85% | +$909K |
|
6153
Eagle Bancorp Montana
EBMT
$187M
| $1.54M | ﹤0.01% |
91,663
+40,353
| +79% | +$655K |
|
6154
Direxion Daily Utilities Bull 3X ETF
UTSL
$45.2M
| $1.54M | ﹤0.01% |
+44,102
| New | +$1.51M |
|
|
CIM
6155
CALL
Chimera Investment
CIM
$981M
| $1.54M | ﹤0.01% |
119,700
+7,700
| +7% | +$108K |
|
6156
CALL
Vanguard Industrials ETF
VIS
$8.57B
| $1.53M | ﹤0.01% |
6,200
+4,000
| +182% | +$1.04M |
|
|
SVC
6157
Service Properties Trust
SVC
$1.04B
| $1.53M | ﹤0.01% |
117,567
+32,621
| +38% | +$442K |
|
6158
Vital Farms
VITL
$471M
| $1.53M | ﹤0.01% |
50,350
+12,032
| +31% | +$433K |
|
6159
Matrix Service
MTRX
$335M
| $1.53M | ﹤0.01% |
123,339
+105,650
| +597% | +$1.41M |
|
6160
CALL
Descartes Systems
DSGX
$6.36B
| $1.53M | ﹤0.01% |
+15,200
| New | +$1.68M |
|
6161
CALL
Nordic American Tanker
NAT
$1.44B
| $1.53M | ﹤0.01% |
622,900
+328,000
| +111% | +$864K |
|
|
DEA
6162
Easterly Government Properties
DEA
$1.16B
| $1.53M | ﹤0.01% |
57,792
+31,072
| +116% | +$854K |
|
6163
Bruker
BRKR
$8.81B
| $1.53M | ﹤0.01% |
36,688
+32,452
| +766% | +$1.69M |
|
6164
CALL
Bain Capital Specialty
BCSF
$777M
| $1.53M | ﹤0.01% |
92,200
+42,300
| +85% | +$745K |
|
6165
Innovator US Equity Power Buffer ETF August
PAUG
$982M
| $1.53M | ﹤0.01% |
40,462
-23,585
| -37% | -$912K |
|
6166
Regency Centers
REG
$14B
| $1.53M | ﹤0.01% |
20,715
-60,240
| -74% | -$4.38M |
|
6167
CALL
NB Bancorp
NBBK
$1B
| $1.53M | ﹤0.01% |
84,500
-22,400
| -21% | -$416K |
|
6168
CALL
Installed Building Products
IBP
$6.49B
| $1.53M | ﹤0.01% |
8,900
+1,500
| +20% | +$271K |
|
6169
First Trust Lunt US Factor Rotation ETF
FCTR
$56.2M
| $1.52M | ﹤0.01% |
49,314
+34,617
| +236% | +$1.14M |
|
6170
Encompass Health
EHC
$12.1B
| $1.52M | ﹤0.01% |
15,048
-6,554
| -30% | -$640K |
|
6171
CALL
Paysafe
PSFE
$343M
| $1.52M | ﹤0.01% |
97,100
-61,300
| -39% | -$1.11M |
|
6172
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$255M
| $1.52M | ﹤0.01% |
56,684
+17,966
| +46% | +$508K |
|
6173
PUT
Adient
ADNT
$1.54B
| $1.52M | ﹤0.01% |
118,400
+64,800
| +121% | +$1.04M |
|
6174
First Watch Restaurant Group
FWRG
$763M
| $1.52M | ﹤0.01% |
91,413
+54,957
| +151% | +$1.06M |
|
6175
CALL
Evolent Health
EVH
$505M
| $1.52M | ﹤0.01% |
160,700
-135,900
| -46% | -$1.37M |
|
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.