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 | |
|---|---|---|---|---|---|---|
701
PUT
ProShares Ultra Bloomberg Natural Gas
BOIL
$422M
| $89.4M | 0.02% |
521,500
-92,950
| -15% | -$14M |
|
702
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.47B
| $89.1M | 0.02% |
3,044,500
+312,300
| +11% | +$12.2M |
|
703
CALL
Charter Communications
CHTR
$18.3B
| $89.1M | 0.02% |
241,700
-177,300
| -42% | -$63.4M |
|
|
TEM
704
PUT
Tempus AI
TEM
$9.93B
| $89M | 0.02% |
1,844,100
+1,397,700
| +313% | +$75.5M |
|
705
Uber
UBER
$160B
| $89M | 0.02% |
1,220,905
-3,342,490
| -73% | -$241M |
|
706
CALL
ON Semiconductor
ON
$31.9B
| $88.9M | 0.02% |
2,183,700
-606,600
| -22% | -$30.5M |
|
707
Occidental Petroleum
OXY
$59B
| $88.8M | 0.02% |
1,799,884
+1,135,890
| +171% | +$55.5M |
|
|
EA
708
PUT
DELISTED
Electronic Arts
EA
| $88.6M | 0.02% |
613,100
-156,600
| -20% | -$21.1M |
|
709
PUT
TransDigm Group
TDG
$68.7B
| $88.1M | 0.02% |
63,700
-60,800
| -49% | -$81.1M |
|
710
PUT
CME Group
CME
$93.5B
| $87.9M | 0.02% |
331,200
-307,800
| -48% | -$75.9M |
|
711
CALL
Las Vegas Sands
LVS
$29.6B
| $87.7M | 0.02% |
2,269,100
-657,100
| -22% | -$29M |
|
712
Trade Desk
TTD
$6.4B
| $87.4M | 0.01% |
1,596,483
+979,691
| +159% | +$88.6M |
|
713
JD.com
JD
$43.2B
| $87.2M | 0.01% |
2,121,238
+1,054,347
| +99% | +$42.3M |
|
714
CALL
Stryker
SYK
$133B
| $86.6M | 0.01% |
232,700
+34,500
| +17% | +$13.1M |
|
715
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.57B
| $86.3M | 0.01% |
1,585,300
-480,500
| -23% | -$25.7M |
|
|
DOCU
716
CALL
DocuSign
DOCU
$11.4B
| $86.1M | 0.01% |
1,058,200
-652,300
| -38% | -$57.1M |
|
717
PUT
D.R. Horton
DHI
$41.7B
| $86.1M | 0.01% |
677,000
-99,000
| -13% | -$13.3M |
|
718
Brookfield Asset Management
BAM
$86.9B
| $86M | 0.01% |
+1,775,684
| New | +$96.8M |
|
719
PUT
Teradyne
TER
$60.2B
| $85.7M | 0.01% |
1,038,100
-189,600
| -15% | -$21.2M |
|
720
CALL
US Bancorp
USB
$99.7B
| $85.4M | 0.01% |
2,023,700
-293,700
| -13% | -$13.6M |
|
721
PUT
Warner Bros
WBD
$67.8B
| $85.2M | 0.01% |
7,944,100
-369,100
| -4% | -$3.86M |
|
|
FLG
722
CALL
Flagstar Bank National Association
FLG
$5.82B
| $85.2M | 0.01% |
7,335,600
+1,069,600
| +17% | +$12M |
|
723
Honeywell
HON
$75.7B
| $85.1M | 0.01% |
426,637
-158,038
| -27% | -$32M |
|
724
iShares MSCI EAFE ETF
EFA
$80.2B
| $85.1M | 0.01% |
1,041,364
-3,138,059
| -75% | -$253M |
|
725
Snowflake
SNOW
$116B
| $85M | 0.01% |
581,292
+90,390
| +18% | +$15.3M |
|
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.