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 | |
|---|---|---|---|---|---|---|
6976
PUT
Alpha and Omega Semiconductor
AOSL
$931M
| $1.11M | ﹤0.01% |
44,800
-25,200
| -36% | -$843K |
|
6977
Northeast Bank
NBN
$1.16B
| $1.11M | ﹤0.01% |
12,166
+7,933
| +187% | +$775K |
|
|
FNA
6978
DELISTED
Paragon 28, Inc.
FNA
| $1.11M | ﹤0.01% |
85,261
+40,235
| +89% | +$501K |
|
6979
Leslie's
LESL
$6.44M
| $1.11M | ﹤0.01% |
75,684
+52,564
| +227% | +$1.61M |
|
6980
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.42B
| $1.11M | ﹤0.01% |
21,768
-75,499
| -78% | -$3.81M |
|
6981
Schwab Fundamental US Small Company Index ETF
FNDA
$9.4B
| $1.11M | ﹤0.01% |
40,626
+10,972
| +37% | +$321K |
|
|
INVX
6982
Innovex International
INVX
$2.19B
| $1.11M | ﹤0.01% |
61,925
+19,824
| +47% | +$337K |
|
6983
Zevia
ZVIA
$101M
| $1.11M | ﹤0.01% |
514,535
+402,424
| +359% | +$1.32M |
|
6984
CALL
Skyward Specialty Insurance
SKWD
$2.39B
| $1.11M | ﹤0.01% |
21,000
-2,500
| -11% | -$120K |
|
6985
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.23B
| $1.11M | ﹤0.01% |
17,306
+1,835
| +12% | +$118K |
|
|
DEA
6986
PUT
Easterly Government Properties
DEA
$1.16B
| $1.11M | ﹤0.01% |
41,920
+8,960
| +27% | +$246K |
|
6987
loanDepot
LDI
$298M
| $1.11M | ﹤0.01% |
932,707
+627,904
| +206% | +$1.02M |
|
6988
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.19B
| $1.11M | ﹤0.01% |
38,255
+13,220
| +53% | +$412K |
|
6989
Westlake Corp
WLK
$10.1B
| $1.11M | ﹤0.01% |
11,084
+6,774
| +157% | +$750K |
|
6990
argenx
ARGX
$61.4B
| $1.11M | ﹤0.01% |
1,873
+1,207
| +181% | +$762K |
|
6991
CALL
Genpact
G
$5.66B
| $1.11M | ﹤0.01% |
22,000
-32,900
| -60% | -$1.63M |
|
|
GENZ
6992
VanEck Digital Native Economy ETF
GENZ
$17.9M
| $1.11M | ﹤0.01% |
29,600
-1,868
| -6% | -$75.6K |
|
6993
Inhibikase Therapeutics
IKT
$332M
| $1.11M | ﹤0.01% |
+504,625
| New | +$1.27M |
|
6994
Vanguard Total International Stock ETF
VXUS
$165B
| $1.1M | ﹤0.01% |
+17,790
| New | +$1.1M |
|
|
SBR
6995
Sabine Royalty Trust
SBR
$1.06B
| $1.1M | ﹤0.01% |
+16,318
| New | +$1.09M |
|
6996
United States Brent Oil Fund
BNO
$630M
| $1.1M | ﹤0.01% |
35,498
-4,410
| -11% | -$135K |
|
6997
iPath Series B Carbon Exchange-Traded Notes
GRN
$23.9M
| $1.1M | ﹤0.01% |
41,345
+5,169
| +14% | +$151K |
|
6998
Vontier
VNT
$4.4B
| $1.1M | ﹤0.01% |
33,602
-23,832
| -41% | -$868K |
|
6999
Innovator Premium Income 20 Barrier ETF October
OCTH
$18.1M
| $1.1M | ﹤0.01% |
+46,657
| New | +$1.12M |
|
7000
PUT
FormFactor
FORM
$10.7B
| $1.1M | ﹤0.01% |
39,000
+12,800
| +49% | +$471K |
|
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.