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 | |
|---|---|---|---|---|---|---|
7226
iShares MSCI Belgium ETF
EWK
$162M
| $1.02M | ﹤0.01% |
51,495
+32,779
| +175% | +$627K |
|
7227
Stagwell
STGW
$2.23B
| $1.01M | ﹤0.01% |
167,763
+60,041
| +56% | +$378K |
|
|
CKPT
7228
DELISTED
Checkpoint Therapeutics
CKPT
| $1.01M | ﹤0.01% |
251,213
-227,592
| -48% | -$759K |
|
7229
iShares iBonds Oct 2029 Term TIPS ETF
IBIF
$108M
| $1.01M | ﹤0.01% |
+38,446
| New | +$992K |
|
7230
CALL
PubMatic
PUBM
$801M
| $1.01M | ﹤0.01% |
111,000
-26,400
| -19% | -$348K |
|
7231
CALL
Arcturus Therapeutics
ARCT
$234M
| $1.01M | ﹤0.01% |
95,800
+36,800
| +62% | +$584K |
|
7232
Franklin US Low Volatility High Dividend Index ETF
LVHD
$632M
| $1.01M | ﹤0.01% |
24,705
+15,962
| +183% | +$631K |
|
7233
Stantec
STN
$8.28B
| $1.01M | ﹤0.01% |
+12,210
| New | +$976K |
|
|
MBNE
7234
DELISTED
State Street Nuveen Municipal Bond ESG ETF
MBNE
| $1.01M | ﹤0.01% |
34,847
-5,642
| -14% | -$166K |
|
7235
PUT
iShares US Medical Devices ETF
IHI
$3.46B
| $1.01M | ﹤0.01% |
16,800
-105,900
| -86% | -$6.58M |
|
7236
Liquidity Services
LQDT
$1.36B
| $1.01M | ﹤0.01% |
32,590
+4,388
| +16% | +$146K |
|
7237
PUT
Qfin Holdings
QFIN
$1.49B
| $1.01M | ﹤0.01% |
22,500
+11,200
| +99% | +$464K |
|
7238
Phathom Pharmaceuticals
PHAT
$775M
| $1.01M | ﹤0.01% |
161,138
-74,266
| -32% | -$451K |
|
7239
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.88B
| $1.01M | ﹤0.01% |
21,277
+1,210
| +6% | +$57.7K |
|
7240
Innovator US Equity Power Buffer ETF January
PJAN
$1.43B
| $1.01M | ﹤0.01% |
+24,346
| New | +$1.03M |
|
7241
Cohu
COHU
$2.81B
| $1.01M | ﹤0.01% |
68,607
+47,642
| +227% | +$991K |
|
|
MYCN
7242
State Street My2034 Corporate Bond ETF
MYCN
$8.42M
| $1.01M | ﹤0.01% |
+41,528
| New | +$998K |
|
7243
ProShares UltraShort Silver
ZSL
$64.2M
| $1.01M | ﹤0.01% |
3,434
-4,455
| -56% | -$1.51M |
|
7244
Paysafe
PSFE
$340M
| $1.01M | ﹤0.01% |
64,172
+49,638
| +342% | +$901K |
|
7245
Orion
OEC
$364M
| $1.01M | ﹤0.01% |
77,869
+11,919
| +18% | +$169K |
|
7246
PUT
ACI Worldwide
ACIW
$5.4B
| $1.01M | ﹤0.01% |
18,400
+3,900
| +27% | +$207K |
|
7247
First Trust China AlphaDEX Fund
FCA
$32.8M
| $1.01M | ﹤0.01% |
48,070
+37,205
| +342% | +$770K |
|
|
FARO
7248
DELISTED
Faro Technologies
FARO
| $1M | ﹤0.01% |
36,813
+27,177
| +282% | +$797K |
|
7249
RingCentral
RNG
$5.39B
| $1M | ﹤0.01% |
40,577
+4,543
| +13% | +$142K |
|
7250
Invesco S&P SmallCap Industrials ETF
PSCI
$195M
| $1M | ﹤0.01% |
8,455
-566
| -6% | -$74.7K |
|
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.