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 | |
|---|---|---|---|---|---|---|
6426
First Trust Small Cap Core AlphaDEX Fund
FYX
$1.42B
| $1.38M | ﹤0.01% |
15,324
-14,590
| -49% | -$1.43M |
|
6427
Vitesse Energy
VTS
$700M
| $1.38M | ﹤0.01% |
56,135
+38,906
| +226% | +$996K |
|
|
ETHE
6428
Grayscale Ethereum Staking ETF Shares
ETHE
$1.45B
| $1.38M | ﹤0.01% |
90,673
+50,902
| +128% | +$1.12M |
|
6429
PUT
Avantor
AVTR
$9.13B
| $1.38M | ﹤0.01% |
85,100
-578,000
| -87% | -$10.9M |
|
6430
Teucrium Agricultural Fund
TAGS
$20.1M
| $1.38M | ﹤0.01% |
54,664
-2,019
| -4% | -$52.1K |
|
6431
PRA Group
PRAA
$762M
| $1.38M | ﹤0.01% |
66,894
+41,979
| +168% | +$890K |
|
6432
PUT
Red Rock Resorts
RRR
$3.74B
| $1.38M | ﹤0.01% |
+31,800
| New | +$1.5M |
|
6433
FS KKR Capital
FSK
$3.32B
| $1.38M | ﹤0.01% |
65,814
-29,167
| -31% | -$652K |
|
6434
CALL
National Grid
NGG
$81.7B
| $1.38M | ﹤0.01% |
21,924
-18,896
| -46% | -$1.11M |
|
6435
PUT
Delek US
DK
$4.12B
| $1.38M | ﹤0.01% |
91,400
-91,900
| -50% | -$1.59M |
|
6436
PUT
Hilton Grand Vacations
HGV
$3.49B
| $1.38M | ﹤0.01% |
+36,800
| New | +$1.47M |
|
6437
PUT
iShares MSCI South Africa ETF
EZA
$566M
| $1.38M | ﹤0.01% |
28,600
+7,900
| +38% | +$357K |
|
6438
CALL
Radian Group
RDN
$4.95B
| $1.38M | ﹤0.01% |
41,600
-1,200
| -3% | -$39.1K |
|
|
BERY
6439
PUT
DELISTED
Berry Global Group, Inc.
BERY
| $1.38M | ﹤0.01% |
19,700
+11,800
| +149% | +$820K |
|
6440
Redwire
RDW
$3.35B
| $1.37M | ﹤0.01% |
165,779
+8,949
| +6% | +$148K |
|
|
KREF
6441
PUT
KKR Real Estate Finance Trust
KREF
$480M
| $1.37M | ﹤0.01% |
127,200
+23,800
| +23% | +$256K |
|
6442
Fidelity Value Factor ETF
FVAL
$1.36B
| $1.37M | ﹤0.01% |
23,037
+303
| +1% | +$18.8K |
|
6443
Sprinklr
CXM
$1.57B
| $1.37M | ﹤0.01% |
164,402
-100,135
| -38% | -$876K |
|
|
CPNJ
6444
Calamos Nasdaq-100 Structured Alt Protection ETF - June
CPNJ
$41.6M
| $1.37M | ﹤0.01% |
55,821
+7,475
| +15% | +$187K |
|
6445
Innovator US Equity Accelerated Plus ETF April
XTAP
$23.2M
| $1.37M | ﹤0.01% |
38,578
+14,393
| +60% | +$505K |
|
6446
Plains GP Holdings
PAGP
$5.1B
| $1.37M | ﹤0.01% |
64,224
+44,807
| +231% | +$943K |
|
6447
Interface
TILE
$2.2B
| $1.37M | ﹤0.01% |
69,135
-6,956
| -9% | -$152K |
|
6448
PUT
Agilysys
AGYS
$3.14B
| $1.37M | ﹤0.01% |
18,900
+12,000
| +174% | +$1.1M |
|
6449
Simplify Hedged Equity ETF
HEQT
$304M
| $1.37M | ﹤0.01% |
+47,966
| New | +$1.42M |
|
6450
Camping World
CWH
$642M
| $1.37M | ﹤0.01% |
84,758
+12,345
| +17% | +$252K |
|
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.