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 | |
|---|---|---|---|---|---|---|
6451
ProShares Ultra Technology
ROM
$1.32B
| $1.37M | ﹤0.01% |
25,623
+20,191
| +372% | +$1.32M |
|
6452
iShares ESG Aware MSCI USA ETF
ESGU
$18.3B
| $1.37M | ﹤0.01% |
11,226
+5,468
| +95% | +$704K |
|
6453
Invesco Preferred ETF
PGX
$3.73B
| $1.37M | ﹤0.01% |
121,946
-166,415
| -58% | -$1.93M |
|
6454
CALL
Sturm, Ruger & Co
RGR
$598M
| $1.37M | ﹤0.01% |
34,800
+17,000
| +96% | +$638K |
|
6455
Innovator US Equity Ultra Buffer ETF June
UJUN
$189M
| $1.37M | ﹤0.01% |
41,223
+28,014
| +212% | +$951K |
|
6456
Cadre Holdings
CDRE
$1.43B
| $1.37M | ﹤0.01% |
46,115
+9,459
| +26% | +$326K |
|
6457
Protolabs
PRLB
$2.17B
| $1.36M | ﹤0.01% |
38,924
+15,288
| +65% | +$603K |
|
6458
CALL
Warby Parker
WRBY
$3.16B
| $1.36M | ﹤0.01% |
74,800
-228,000
| -75% | -$5.44M |
|
6459
FT Vest US Equity Buffer ETF July
FJUL
$1.28B
| $1.36M | ﹤0.01% |
28,626
+11,902
| +71% | +$585K |
|
6460
CALL
Cabot Corp
CBT
$4.46B
| $1.36M | ﹤0.01% |
16,400
-5,300
| -24% | -$457K |
|
6461
Plug Power
PLUG
$3.19B
| $1.36M | ﹤0.01% |
1,009,805
-5,104,853
| -83% | -$9.71M |
|
6462
CALL
ESAB
ESAB
$5.11B
| $1.36M | ﹤0.01% |
11,700
-26,300
| -69% | -$3.2M |
|
6463
PUT
Genco Shipping & Trading
GNK
$1.14B
| $1.36M | ﹤0.01% |
102,000
+3,800
| +4% | +$53.9K |
|
6464
Candel Therapeutics
CADL
$930M
| $1.36M | ﹤0.01% |
241,175
-53,268
| -18% | -$435K |
|
6465
CALL
STAG Industrial
STAG
$7.1B
| $1.36M | ﹤0.01% |
37,700
+12,600
| +50% | +$439K |
|
6466
PUT
Aurinia Pharmaceuticals
AUPH
$2.03B
| $1.36M | ﹤0.01% |
169,300
-42,900
| -20% | -$348K |
|
|
MPT
6467
Medical Properties Trust
MPT
$2.42B
| $1.36M | ﹤0.01% |
225,634
+70,388
| +45% | +$356K |
|
6468
Aspen Aerogels
ASPN
$483M
| $1.36M | ﹤0.01% |
212,904
+45,695
| +27% | +$441K |
|
6469
CALL
PACS Group
PACS
$7.02B
| $1.36M | ﹤0.01% |
120,900
+30,600
| +34% | +$402K |
|
6470
CALL
Vanguard Total Bond Market
BND
$161B
| $1.36M | ﹤0.01% |
18,500
-35,100
| -65% | -$2.55M |
|
6471
Vir Biotechnology
VIR
$1.59B
| $1.36M | ﹤0.01% |
209,661
+31,523
| +18% | +$280K |
|
6472
Lennar Class B
LEN.B
$20.4B
| $1.36M | ﹤0.01% |
12,453
-11,349
| -48% | -$1.35M |
|
6473
WisdomTree International Quality Dividend Growth Fund
IQDG
$729M
| $1.36M | ﹤0.01% |
+38,063
| New | +$1.39M |
|
6474
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.6B
| $1.36M | ﹤0.01% |
29,303
-52,178
| -64% | -$2.39M |
|
6475
PUT
Brookfield Renewable
BEPC
$6.51B
| $1.36M | ﹤0.01% |
48,600
-3,300
| -6% | -$90.5K |
|
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.