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 | |
|---|---|---|---|---|---|---|
7151
PUT
Virtu Financial
VIRT
$5.3B
| $1.04M | ﹤0.01% |
27,400
-33,900
| -55% | -$1.26M |
|
7152
PUT
Bausch + Lomb
BLCO
$6.09B
| $1.04M | ﹤0.01% |
72,000
+13,100
| +22% | +$215K |
|
7153
PUT
Direxion Daily Technology Bear 3x ETF
TECS
$65.5M
| $1.04M | ﹤0.01% |
1,650
+770
| +88% | +$389K |
|
7154
Fulgent Genetics
FLGT
$511M
| $1.04M | ﹤0.01% |
61,738
+34,496
| +127% | +$588K |
|
7155
PUT
CoinShares Bitcoin Mining ETF
WGMI
$241M
| $1.04M | ﹤0.01% |
81,700
-61,800
| -43% | -$1.23M |
|
|
SOFX
7156
Defiance Daily Target 2X Long SOFI ETF
SOFX
$76.8M
| $1.04M | ﹤0.01% |
+106,326
| New | +$1.75M |
|
7157
PUT
Invitation Homes
INVH
$18B
| $1.04M | ﹤0.01% |
29,900
-38,300
| -56% | -$1.24M |
|
7158
Scholastic
SCHL
$781M
| $1.04M | ﹤0.01% |
55,184
+41,115
| +292% | +$822K |
|
7159
LSB Industries
LXU
$737M
| $1.04M | ﹤0.01% |
157,810
+121,634
| +336% | +$948K |
|
7160
Independent Bank Corp
IBCP
$850M
| $1.04M | ﹤0.01% |
33,767
+19,030
| +129% | +$640K |
|
7161
Baytex Energy
BTE
$3.06B
| $1.04M | ﹤0.01% |
466,191
+1,767
| +0.4% | +$4.21K |
|
7162
Imperial Petroleum
IMPP
$217M
| $1.04M | ﹤0.01% |
423,927
+119,153
| +39% | +$331K |
|
|
AIV
7163
CALL
Aimco
AIV
$383M
| $1.04M | ﹤0.01% |
117,900
-24,200
| -17% | -$215K |
|
7164
CALL
Knife River
KNF
$3.77B
| $1.04M | ﹤0.01% |
11,500
-17,600
| -60% | -$1.71M |
|
7165
Innovator US Equity Buffer ETF October
BOCT
$290M
| $1.04M | ﹤0.01% |
+24,676
| New | +$1.07M |
|
|
PNNT
7166
CALL
Pennant Park Investment Corp
PNNT
$243M
| $1.04M | ﹤0.01% |
147,500
+104,200
| +241% | +$740K |
|
|
PRSU
7167
Pursuit Attractions and Hospitality Inc
PRSU
$1.31B
| $1.04M | ﹤0.01% |
29,293
+12,178
| +71% | +$476K |
|
7168
PUT
Dorman Products
DORM
$4.05B
| $1.04M | ﹤0.01% |
8,600
-1,500
| -15% | -$191K |
|
|
NNE
7169
Nano Nuclear Energy
NNE
$1.06B
| $1.04M | ﹤0.01% |
39,172
-112,732
| -74% | -$3.44M |
|
7170
iShares ESG MSCI USA Leaders ETF
SUSL
$1.22B
| $1.04M | ﹤0.01% |
10,811
-636
| -6% | -$64.9K |
|
7171
Invesco S&P 500 Pure Growth ETF
RPG
$2.1B
| $1.04M | ﹤0.01% |
27,076
-1,819
| -6% | -$76.1K |
|
7172
GraniteShares 2x Long AMZN Daily ETF
AMZZ
$41.1M
| $1.04M | ﹤0.01% |
41,518
+30,728
| +285% | +$1.03M |
|
7173
Immunic
IMUX
$219M
| $1.04M | ﹤0.01% |
94,965
+6,591
| +7% | +$71.1K |
|
|
AVNS
7174
DELISTED
Avanos Medical
AVNS
| $1.03M | ﹤0.01% |
72,221
+50,133
| +227% | +$783K |
|
7175
PUT
Invesco CurrencyShares Swiss Franc Trust
FXF
$395M
| $1.03M | ﹤0.01% |
10,300
-3,300
| -24% | -$326K |
|
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.