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 | |
|---|---|---|---|---|---|---|
6601
Syntax Stratified US Total Market Hedged ETF
SHUS
$25.3M
| $1.3M | ﹤0.01% |
30,660
+14,283
| +87% | +$614K |
|
6602
Byline Bancorp
BY
$1.78B
| $1.3M | ﹤0.01% |
49,505
+29,454
| +147% | +$828K |
|
6603
First Trust Enhanced Short Maturity ETF
FTSM
$6.53B
| $1.29M | ﹤0.01% |
+21,626
| New | +$1.3M |
|
|
ZEUS
6604
DELISTED
Olympic Steel
ZEUS
| $1.29M | ﹤0.01% |
41,034
-20,137
| -33% | -$677K |
|
6605
PUT
Viasat
VSAT
$11.2B
| $1.29M | ﹤0.01% |
124,100
-112,700
| -48% | -$1.09M |
|
6606
Energy Recovery
ERII
$416M
| $1.29M | ﹤0.01% |
81,368
+50,630
| +165% | +$770K |
|
6607
PUT
EVgo
EVGO
$487M
| $1.29M | ﹤0.01% |
486,000
-364,100
| -43% | -$1.13M |
|
6608
NB Bancorp
NBBK
$1B
| $1.29M | ﹤0.01% |
71,537
+33,615
| +89% | +$625K |
|
6609
Xperi
XPER
$317M
| $1.29M | ﹤0.01% |
167,386
+102,400
| +158% | +$895K |
|
6610
PUT
O-I Glass
OI
$1.02B
| $1.29M | ﹤0.01% |
+112,600
| New | +$1.28M |
|
6611
Innovator International Developed Power Buffer ETF April
IAPR
$202M
| $1.29M | ﹤0.01% |
46,868
+22,272
| +91% | +$614K |
|
6612
PUT
Acadia Pharmaceuticals
ACAD
$5B
| $1.29M | ﹤0.01% |
77,700
-62,700
| -45% | -$1.14M |
|
|
LTC
6613
CALL
LTC Properties
LTC
$2.18B
| $1.29M | ﹤0.01% |
36,400
+2,200
| +6% | +$76.5K |
|
6614
iShares Core Moderate Allocation ETF
AOM
$1.77B
| $1.29M | ﹤0.01% |
29,407
+18,638
| +173% | +$820K |
|
6615
Xtrackers Municipal Infrastructure Revenue Bond Active ETF
RVNU
$143M
| $1.29M | ﹤0.01% |
+52,382
| New | +$1.31M |
|
6616
PUT
American Superconductor
AMSC
$1.56B
| $1.29M | ﹤0.01% |
71,100
-128,600
| -64% | -$3.21M |
|
6617
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$456M
| $1.29M | ﹤0.01% |
9,364
+7,211
| +335% | +$1.09M |
|
6618
PUT
Aaon
AAON
$7.26B
| $1.29M | ﹤0.01% |
16,500
+100
| +0.6% | +$10.3K |
|
6619
3D Systems Corp
DDD
$605M
| $1.29M | ﹤0.01% |
607,852
+190,317
| +46% | +$647K |
|
6620
Alphatec Holdings
ATEC
$1.46B
| $1.29M | ﹤0.01% |
127,050
+75,042
| +144% | +$805K |
|
6621
First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
SHRY
$16.4M
| $1.29M | ﹤0.01% |
31,706
-10,148
| -24% | -$412K |
|
6622
Worthington Steel
WS
$1.93B
| $1.29M | ﹤0.01% |
50,764
+28,312
| +126% | +$798K |
|
6623
Encore Capital Group
ECPG
$2.2B
| $1.29M | ﹤0.01% |
37,510
+25,561
| +214% | +$1.11M |
|
6624
CALL
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.69B
| $1.29M | ﹤0.01% |
8,000
-2,900
| -27% | -$487K |
|
6625
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$457M
| $1.29M | ﹤0.01% |
16,482
+4,296
| +35% | +$374K |
|
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.