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 | |
|---|---|---|---|---|---|---|
6501
CALL
Lincoln Electric
LECO
$15.6B
| $1.34M | ﹤0.01% |
7,100
+2,300
| +48% | +$452K |
|
6502
CALL
CAE Inc
CAE
$8.73B
| $1.34M | ﹤0.01% |
+54,600
| New | +$1.33M |
|
6503
CALL
iShares MSCI Turkey ETF
TUR
$221M
| $1.34M | ﹤0.01% |
40,900
+2,600
| +7% | +$92.1K |
|
6504
Arrow Dow Jones Global Yield ETF
GYLD
$37.7M
| $1.34M | ﹤0.01% |
103,863
-20,516
| -16% | -$260K |
|
6505
VictoryShares US Multi-Factor Minimum Volatility ETF
VSMV
$158M
| $1.34M | ﹤0.01% |
27,703
+7,977
| +40% | +$389K |
|
6506
PUT
Principal Financial Group
PFG
$24.2B
| $1.34M | ﹤0.01% |
15,900
+7,400
| +87% | +$615K |
|
6507
PUT
Medifast
MED
$128M
| $1.34M | ﹤0.01% |
99,500
+27,400
| +38% | +$412K |
|
6508
CALL
Harmony Gold Mining
HMY
$12.5B
| $1.34M | ﹤0.01% |
90,800
+15,200
| +20% | +$169K |
|
6509
Gentherm
THRM
$1.33B
| $1.34M | ﹤0.01% |
50,146
+32,992
| +192% | +$1.16M |
|
6510
CALL
La-Z-Boy
LZB
$1.66B
| $1.34M | ﹤0.01% |
34,300
-44,800
| -57% | -$1.94M |
|
6511
PUT
Silicon Laboratories
SLAB
$7.32B
| $1.34M | ﹤0.01% |
11,900
+5,000
| +72% | +$676K |
|
6512
CALL
Metropolitan Bank Holding Corp
MCB
$1.16B
| $1.34M | ﹤0.01% |
23,900
-38,400
| -62% | -$2.28M |
|
6513
CALL
LegalZoom.com
LZ
$932M
| $1.34M | ﹤0.01% |
155,300
-33,400
| -18% | -$299K |
|
6514
Carriage Services
CSV
$552M
| $1.34M | ﹤0.01% |
34,488
+17,461
| +103% | +$693K |
|
6515
PUT
Vanguard Energy ETF
VDE
$10.7B
| $1.34M | ﹤0.01% |
10,300
+1,300
| +14% | +$164K |
|
6516
CALL
Brink's
BCO
$4.58B
| $1.34M | ﹤0.01% |
15,500
+5,100
| +49% | +$463K |
|
6517
iShares Latin America 40 ETF
ILF
$3.78B
| $1.33M | ﹤0.01% |
56,684
-103,789
| -65% | -$2.38M |
|
6518
CALL
Blue Bird Corp
BLBD
$2.02B
| $1.33M | ﹤0.01% |
41,200
-61,800
| -60% | -$2.26M |
|
6519
CALL
BRC Group Holdings
RILY
$286M
| $1.33M | ﹤0.01% |
344,600
-178,900
| -34% | -$811K |
|
|
SNV
6520
PUT
DELISTED
Synovus
SNV
| $1.33M | ﹤0.01% |
28,500
-2,800
| -9% | -$145K |
|
6521
Ambev
ABEV
$42.9B
| $1.33M | ﹤0.01% |
571,653
-14,558
| -2% | -$29.1K |
|
6522
PUT
Tennant Co
TNC
$1.15B
| $1.33M | ﹤0.01% |
16,700
+1,300
| +8% | +$110K |
|
6523
Adaptive Biotechnologies
ADPT
$3.94B
| $1.33M | ﹤0.01% |
179,248
+127,683
| +248% | +$981K |
|
6524
Heritage Financial
HFWA
$1.21B
| $1.33M | ﹤0.01% |
54,722
+36,708
| +204% | +$895K |
|
6525
iShares MSCI South Africa ETF
EZA
$566M
| $1.33M | ﹤0.01% |
27,629
-21,567
| -44% | -$974K |
|
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.