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 | |
|---|---|---|---|---|---|---|
7201
iShares Morningstar US Equity ETF
ILCB
$1.32B
| $1.03M | ﹤0.01% |
13,268
+9,202
| +226% | +$750K |
|
7202
Flowers Foods
FLO
$1.59B
| $1.03M | ﹤0.01% |
53,923
-21,244
| -28% | -$406K |
|
7203
CALL
Affiliated Managers Group
AMG
$9.89B
| $1.02M | ﹤0.01% |
6,100
+3,300
| +118% | +$575K |
|
7204
Littelfuse
LFUS
$11.6B
| $1.02M | ﹤0.01% |
5,208
+518
| +11% | +$119K |
|
7205
Invesco Zacks Multi-Asset Income ETF
CVY
$125M
| $1.02M | ﹤0.01% |
40,348
+25,858
| +178% | +$668K |
|
7206
Pacer Trendpilot US Large Cap ETF
PTLC
$3.38B
| $1.02M | ﹤0.01% |
19,910
-44,730
| -69% | -$2.4M |
|
7207
Horizon Bancorp
HBNC
$1.06B
| $1.02M | ﹤0.01% |
67,908
+41,809
| +160% | +$678K |
|
7208
Vodafone
VOD
$37.9B
| $1.02M | ﹤0.01% |
109,239
-724,818
| -87% | -$6.37M |
|
7209
Amplitude
AMPL
$1.63B
| $1.02M | ﹤0.01% |
100,441
+50,804
| +102% | +$600K |
|
7210
CALL
Archrock
AROC
$6.08B
| $1.02M | ﹤0.01% |
39,000
-31,000
| -44% | -$836K |
|
7211
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $1.02M | ﹤0.01% |
16,098
+5,346
| +50% | +$338K |
|
7212
Forward Air
FWRD
$640M
| $1.02M | ﹤0.01% |
50,826
+6,083
| +14% | +$168K |
|
7213
Nuveen Short-Term REIT ETF
NURE
$35.3M
| $1.02M | ﹤0.01% |
32,647
+13,728
| +73% | +$432K |
|
7214
Franklin FTSE Japan Hedged ETF
FLJH
$207M
| $1.02M | ﹤0.01% |
33,143
-14,549
| -31% | -$453K |
|
|
NAK
7215
CALL
Northern Dynasty Minerals
NAK
$908M
| $1.02M | ﹤0.01% |
887,100
-345,200
| -28% | -$251K |
|
7216
CALL
AZZ Inc
AZZ
$4.55B
| $1.02M | ﹤0.01% |
12,200
-12,600
| -51% | -$1.12M |
|
7217
FT Vest US Equity Buffer ETF May
FMAY
$1.46B
| $1.02M | ﹤0.01% |
+22,086
| New | +$1.05M |
|
7218
Applied Optoelectronics
AAOI
$12.7B
| $1.02M | ﹤0.01% |
66,394
+44,771
| +207% | +$1.13M |
|
|
SPNS
7219
DELISTED
Sapiens International
SPNS
| $1.02M | ﹤0.01% |
37,606
+21,852
| +139% | +$589K |
|
7220
AllianzIM U.S. Equity Buffer10 Oct ETF
OCTT
$56.2M
| $1.02M | ﹤0.01% |
27,355
+18,279
| +201% | +$701K |
|
7221
CALL
American Healthcare REIT
AHR
$10.5B
| $1.02M | ﹤0.01% |
33,600
+6,900
| +26% | +$199K |
|
7222
UroGen Pharma
URGN
$2.36B
| $1.02M | ﹤0.01% |
92,025
+51,892
| +129% | +$553K |
|
7223
Innovator US Equity Buffer ETF January
BJAN
$349M
| $1.02M | ﹤0.01% |
21,824
+12,996
| +147% | +$625K |
|
7224
First Trust Dow 30 Equal Weight ETF
EDOW
$322M
| $1.02M | ﹤0.01% |
28,063
+14,024
| +100% | +$520K |
|
7225
Luxfer Holdings
LXFR
$457M
| $1.02M | ﹤0.01% |
85,666
+64,363
| +302% | +$843K |
|
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.