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 | |
|---|---|---|---|---|---|---|
7251
Regenxbio
RGNX
$711M
| $1M | ﹤0.01% |
140,470
+31,666
| +29% | +$236K |
|
7252
PUT
The Bancorp
TBBK
$2.84B
| $1M | ﹤0.01% |
19,000
-29,700
| -61% | -$1.65M |
|
7253
CALL
Butterfly Network
BFLY
$2.35B
| $1M | ﹤0.01% |
440,100
-667,200
| -60% | -$2.39M |
|
|
OPTU
7254
Optimum Communications Inc
OPTU
$251M
| $1M | ﹤0.01% |
377,075
+206,259
| +121% | +$557K |
|
|
CGC
7255
Canopy Growth
CGC
$431M
| $1M | ﹤0.01% |
1,101,744
+719,588
| +188% | +$1.26M |
|
7256
Global X Artificial Intelligence & Technology ETF
AIQ
$10.4B
| $1M | ﹤0.01% |
27,554
-2,076
| -7% | -$81.8K |
|
|
WBND
7257
DELISTED
Western Asset Total Return ETF
WBND
| $1M | ﹤0.01% |
49,964
-7,129
| -12% | -$141K |
|
7258
PUT
Quaker Houghton
KWR
$2.94B
| $1M | ﹤0.01% |
8,100
-19,300
| -70% | -$2.62M |
|
7259
Putnam Focused Large Cap Value ETF
PVAL
$13.9B
| $1M | ﹤0.01% |
+26,282
| New | +$1.01M |
|
7260
Orrstown Financial Services
ORRF
$852M
| $1M | ﹤0.01% |
33,339
+17,905
| +116% | +$600K |
|
|
AMED
7261
CALL
DELISTED
Amedisys
AMED
| $1M | ﹤0.01% |
10,800
-7,600
| -41% | -$701K |
|
|
QTOP
7262
iShares Nasdaq Top 30 Stocks ETF
QTOP
$294M
| $1M | ﹤0.01% |
+42,153
| New | +$1.09M |
|
7263
VanEck Retail ETF
RTH
$259M
| $1M | ﹤0.01% |
4,430
+2,965
| +202% | +$686K |
|
7264
FlexShares US Quality Low Volatility Index Fund
QLV
$168M
| $1M | ﹤0.01% |
15,171
+9,083
| +149% | +$601K |
|
7265
CALL
Heritage Insurance Holdings
HRTG
$1.01B
| $999K | ﹤0.01% |
69,300
-36,300
| -34% | -$436K |
|
7266
PUT
Finance of America Companies
FOA
$201M
| $999K | ﹤0.01% |
47,000
+26,100
| +125% | +$638K |
|
7267
Gorman-Rupp
GRC
$2.13B
| $999K | ﹤0.01% |
28,463
+13,676
| +92% | +$514K |
|
7268
CALL
Portland General Electric
POR
$5.97B
| $999K | ﹤0.01% |
22,400
+7,300
| +48% | +$313K |
|
7269
PUT
Universal Corp
UVV
$1.11B
| $998K | ﹤0.01% |
17,800
-500
| -3% | -$26.7K |
|
7270
CALL
WesBanco
WSBC
$4.09B
| $997K | ﹤0.01% |
32,200
+16,400
| +104% | +$548K |
|
7271
Direxion Daily AMZN Bear 1X ETF
AMZD
$11.7M
| $996K | ﹤0.01% |
75,916
-39,598
| -34% | -$463K |
|
7272
PUT
Marriott Vacations Worldwide
VAC
$4.16B
| $996K | ﹤0.01% |
15,500
-4,200
| -21% | -$334K |
|
7273
Direxion Daily Mid Cap Bull 3X ETF
MIDU
$81.8M
| $996K | ﹤0.01% |
24,125
-46,073
| -66% | -$2.37M |
|
7274
Dimensional US Large Cap Value ETF
DFLV
$7.03B
| $995K | ﹤0.01% |
32,563
-15,902
| -33% | -$491K |
|
7275
Marcus & Millichap
MMI
$1.2B
| $995K | ﹤0.01% |
28,871
+18,360
| +175% | +$676K |
|
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.