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 | |
|---|---|---|---|---|---|---|
6526
ProShares UltraPro Russell2000
URTY
$360M
| $1.33M | ﹤0.01% |
38,743
-72,643
| -65% | -$3.32M |
|
6527
Landmark Bancorp
LARK
$195M
| $1.33M | ﹤0.01% |
51,252
+31,345
| +157% | +$734K |
|
|
LPRO
6528
DELISTED
Open Lending Corp
LPRO
| $1.33M | ﹤0.01% |
481,392
+429,371
| +825% | +$2.13M |
|
6529
PUT
Host Hotels & Resorts
HST
$15.6B
| $1.33M | ﹤0.01% |
93,500
-250,000
| -73% | -$4.06M |
|
6530
National Beverage
FIZZ
$2.9B
| $1.33M | ﹤0.01% |
31,984
+5,459
| +21% | +$225K |
|
6531
Goldman Sachs Access US Aggregate Bond ETF
GCOR
$805M
| $1.33M | ﹤0.01% |
32,226
+24,561
| +320% | +$1M |
|
6532
CALL
iShares US Industrials ETF
IYJ
$1.96B
| $1.33M | ﹤0.01% |
10,200
-25,100
| -71% | -$3.4M |
|
|
BDN
6533
Brandywine Realty Trust
BDN
$518M
| $1.33M | ﹤0.01% |
297,629
+219,041
| +279% | +$1.08M |
|
6534
PUT
Camping World
CWH
$642M
| $1.33M | ﹤0.01% |
82,100
-19,600
| -19% | -$401K |
|
6535
CALL
Enpro
NPO
$7.33B
| $1.33M | ﹤0.01% |
8,200
-11,600
| -59% | -$2.08M |
|
6536
Acquirers Small and Micro Deep Value ETF
DEEP
$28.4M
| $1.33M | ﹤0.01% |
42,900
+23,116
| +117% | +$772K |
|
6537
CALL
ImmunityBio
IBRX
$8.39B
| $1.33M | ﹤0.01% |
440,700
-72,300
| -14% | -$219K |
|
|
DECU
6538
AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF
DECU
$51.7M
| $1.33M | ﹤0.01% |
+55,164
| New | +$1.36M |
|
6539
Franklin Investment Grade Corporate ETF
FLCO
$555M
| $1.32M | ﹤0.01% |
+61,797
| New | +$1.31M |
|
6540
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$100M
| $1.32M | ﹤0.01% |
12,497
+223
| +2% | +$23.6K |
|
6541
PUT
National Fuel Gas
NFG
$7.78B
| $1.32M | ﹤0.01% |
16,700
+2,500
| +18% | +$180K |
|
6542
MicroSectors Gold Miners -3x Inverse Leveraged ETN
GDXD
$605M
| $1.32M | ﹤0.01% |
+1,056
| New | +$2.13M |
|
6543
Eagle Bancorp
EGBN
$870M
| $1.32M | ﹤0.01% |
62,948
+27,701
| +79% | +$658K |
|
6544
CALL
Credicorp
BAP
$30.1B
| $1.32M | ﹤0.01% |
7,100
+1,400
| +25% | +$260K |
|
6545
Costamare
CMRE
$1.81B
| $1.32M | ﹤0.01% |
134,264
+90,641
| +208% | +$1,000K |
|
6546
CALL
Amneal Pharmaceuticals
AMRX
$6.42B
| $1.32M | ﹤0.01% |
157,600
+46,200
| +41% | +$386K |
|
6547
CALL
Protara Therapeutics
TARA
$235M
| $1.32M | ﹤0.01% |
310,000
+260,700
| +529% | +$1.16M |
|
6548
Akebia Therapeutics
AKBA
$238M
| $1.32M | ﹤0.01% |
687,279
+101,182
| +17% | +$207K |
|
6549
iShares Mortgage Real Estate ETF
REM
$545M
| $1.32M | ﹤0.01% |
58,792
-22,006
| -27% | -$496K |
|
6550
PUT
Reinsurance Group of America
RGA
$16.1B
| $1.32M | ﹤0.01% |
6,700
+4,000
| +148% | +$829K |
|
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.