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 | |
|---|---|---|---|---|---|---|
|
CIL
6326
DELISTED
VictoryShares International Volatility Wtd ETF
CIL
| $1.43M | ﹤0.01% |
31,637
+1,802
| +6% | +$79.8K |
|
6327
PUT
AAR Corp
AIR
$6.19B
| $1.43M | ﹤0.01% |
25,600
-12,200
| -32% | -$811K |
|
6328
POET Technologies
POET
$1.62B
| $1.43M | ﹤0.01% |
+378,834
| New | +$1.72M |
|
|
MTLS
6329
PUT
Materialise
MTLS
$389M
| $1.43M | ﹤0.01% |
+290,900
| New | +$2M |
|
6330
PUT
QuidelOrtho
QDEL
$1B
| $1.43M | ﹤0.01% |
40,900
-30,700
| -43% | -$1.25M |
|
6331
PUT
Candel Therapeutics
CADL
$930M
| $1.43M | ﹤0.01% |
253,100
-117,100
| -32% | -$957K |
|
6332
AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF
SIXJ
$149M
| $1.43M | ﹤0.01% |
+47,726
| New | +$1.46M |
|
6333
AllianzIM U.S. Equity Buffer20 Dec ETF
DECW
$230M
| $1.43M | ﹤0.01% |
+47,709
| New | +$1.46M |
|
6334
CALL
Liberty Broadband Class A
LBRDA
$4.87B
| $1.43M | ﹤0.01% |
16,800
+14,100
| +522% | +$1.12M |
|
6335
Alliant Energy
LNT
$18.2B
| $1.43M | ﹤0.01% |
22,176
-75,554
| -77% | -$4.62M |
|
6336
PUT
Fluence Energy
FLNC
$2.33B
| $1.43M | ﹤0.01% |
294,200
+27,300
| +10% | +$261K |
|
6337
Koppers
KOP
$897M
| $1.43M | ﹤0.01% |
50,953
+38,976
| +325% | +$1.17M |
|
|
ATSG
6338
DELISTED
Air Transport Services Group
ATSG
| $1.43M | ﹤0.01% |
63,556
+11,658
| +22% | +$259K |
|
6339
AllianzIM U.S. Equity Buffer20 Jul ETF
JULW
$252M
| $1.42M | ﹤0.01% |
41,343
+16,717
| +68% | +$589K |
|
6340
PUT
RB Global
RBA
$15.2B
| $1.42M | ﹤0.01% |
14,200
+6,900
| +95% | +$658K |
|
6341
CALL
Paylocity
PCTY
$7.71B
| $1.42M | ﹤0.01% |
7,600
-41,900
| -85% | -$8.37M |
|
6342
Asana
ASAN
$2.03B
| $1.42M | ﹤0.01% |
97,696
-134,160
| -58% | -$2.54M |
|
6343
CALL
Grupo Cibest SA
CIB
$22.8B
| $1.42M | ﹤0.01% |
+35,400
| New | +$1.39M |
|
6344
VanEck Steel ETF
SLX
$177M
| $1.42M | ﹤0.01% |
23,139
-806
| -3% | -$49.8K |
|
6345
PUT
Box
BOX
$4.47B
| $1.42M | ﹤0.01% |
46,100
-93,000
| -67% | -$3.01M |
|
6346
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.57B
| $1.42M | ﹤0.01% |
34,994
+1,597
| +5% | +$63.9K |
|
6347
Intrepid Potash
IPI
$493M
| $1.42M | ﹤0.01% |
48,374
+37,224
| +334% | +$983K |
|
6348
CALL
Birkenstock
BIRK
$6.74B
| $1.42M | ﹤0.01% |
31,000
-174,500
| -85% | -$9.19M |
|
|
XDOC
6349
DELISTED
Innovator US Equity Accelerated ETF October
XDOC
| $1.42M | ﹤0.01% |
48,577
+40,892
| +532% | +$1.24M |
|
6350
Invesco S&P MidCap Momentum ETF
XMMO
$7.76B
| $1.42M | ﹤0.01% |
12,463
-143
| -1% | -$17.6K |
|
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.