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 | |
|---|---|---|---|---|---|---|
6651
CALL
Philips
PHG
$26.2B
| $1.27M | ﹤0.01% |
54,159
-14,917
| -22% | -$365K |
|
|
SNDK
6652
PUT
Sandisk
SNDK
$261B
| $1.27M | ﹤0.01% |
+26,700
| New | +$1.33M |
|
|
KREF
6653
KKR Real Estate Finance Trust
KREF
$480M
| $1.27M | ﹤0.01% |
117,676
+39,145
| +50% | +$422K |
|
6654
Fidelity Enhanced Large Cap Growth ETF
FELG
$5.78B
| $1.27M | ﹤0.01% |
+40,326
| New | +$1.39M |
|
6655
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.85B
| $1.27M | ﹤0.01% |
23,807
-23,953
| -50% | -$1.32M |
|
6656
PUT
Warby Parker
WRBY
$3.16B
| $1.27M | ﹤0.01% |
69,600
-155,200
| -69% | -$3.7M |
|
6657
iShares MSCI Spain ETF
EWP
$2.25B
| $1.27M | ﹤0.01% |
33,336
-6,156
| -16% | -$215K |
|
6658
CALL
ARK Web x.0 ETF
ARKW
$1.8B
| $1.27M | ﹤0.01% |
13,400
-6,600
| -33% | -$728K |
|
6659
PUT
SelectQuote
SLQT
$128M
| $1.27M | ﹤0.01% |
379,800
+333,000
| +712% | +$1.41M |
|
6660
Canadian Natural Resources
CNQ
$102B
| $1.27M | ﹤0.01% |
41,173
+29,231
| +245% | +$886K |
|
6661
Revvity
RVTY
$13B
| $1.27M | ﹤0.01% |
11,986
-50,148
| -81% | -$5.78M |
|
6662
PUT
Open Text
OTEX
$5.79B
| $1.27M | ﹤0.01% |
50,200
+23,200
| +86% | +$637K |
|
6663
CALL
Rocket Pharmaceuticals
RCKT
$373M
| $1.27M | ﹤0.01% |
+189,900
| New | +$1.88M |
|
6664
Artivion
AORT
$1.38B
| $1.27M | ﹤0.01% |
51,531
+25,548
| +98% | +$710K |
|
6665
JPMorgan BetaBuilders US Aggregate Bond ETF
BBAG
$1.05B
| $1.27M | ﹤0.01% |
+27,451
| New | +$1.25M |
|
6666
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$10.3B
| $1.27M | ﹤0.01% |
49,559
-367,536
| -88% | -$9.27M |
|
6667
PUT
Lightbridge
LTBR
$305M
| $1.27M | ﹤0.01% |
169,600
+91,600
| +117% | +$814K |
|
6668
PIMCO Commodity Strategy Active Exchange-Traded Fund
CMDT
$833M
| $1.27M | ﹤0.01% |
47,260
+10,102
| +27% | +$265K |
|
6669
HealthStream
HSTM
$819M
| $1.27M | ﹤0.01% |
39,312
+27,267
| +226% | +$884K |
|
6670
PUT
Algonquin Power & Utilities
AQN
$4.49B
| $1.26M | ﹤0.01% |
245,900
+42,000
| +21% | +$198K |
|
6671
PUT
Primoris Services
PRIM
$4.47B
| $1.26M | ﹤0.01% |
22,000
+18,900
| +610% | +$1.37M |
|
6672
Central Pacific Financial
CPF
$989M
| $1.26M | ﹤0.01% |
46,659
+27,744
| +147% | +$783K |
|
6673
CALL
MaxLinear
MXL
$7.69B
| $1.26M | ﹤0.01% |
116,100
+62,200
| +115% | +$1.04M |
|
6674
iShares US Consumer Staples ETF
IYK
$1.4B
| $1.26M | ﹤0.01% |
17,611
+756
| +4% | +$51.3K |
|
6675
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.11B
| $1.26M | ﹤0.01% |
+17,994
| New | +$1.34M |
|
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.