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 | |
|---|---|---|---|---|---|---|
7301
PUT
Vera Therapeutics
VERA
$2.28B
| $985K | ﹤0.01% |
41,000
+25,100
| +158% | +$807K |
|
7302
Dimensional International Value ETF
DFIV
$21.8B
| $985K | ﹤0.01% |
+25,018
| New | +$955K |
|
7303
Timothy Plan US Large/Mid Cap Core ETF
TPLC
$319M
| $984K | ﹤0.01% |
23,197
-23,752
| -51% | -$1.04M |
|
7304
Fortis
FTS
$29B
| $984K | ﹤0.01% |
+21,597
| New | +$939K |
|
7305
CALL
Highwoods Properties
HIW
$3.48B
| $984K | ﹤0.01% |
33,200
+11,100
| +50% | +$324K |
|
7306
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
| $983K | ﹤0.01% |
+10,713
| New | +$981K |
|
7307
Carter Bankshares
CARE
$757M
| $982K | ﹤0.01% |
60,695
+46,612
| +331% | +$799K |
|
7308
Cambria Shareholder Yield ETF
SYLD
$1.03B
| $982K | ﹤0.01% |
15,392
+973
| +7% | +$65.9K |
|
|
CBL
7309
CBL Properties
CBL
$1.8B
| $980K | ﹤0.01% |
36,886
-18,252
| -33% | -$536K |
|
7310
USA Compression Partners
USAC
$3.86B
| $980K | ﹤0.01% |
36,324
-70,167
| -66% | -$1.86M |
|
7311
SEI Investments
SEIC
$12.8B
| $979K | ﹤0.01% |
12,616
-10,682
| -46% | -$859K |
|
7312
PUT
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.3B
| $979K | ﹤0.01% |
4,000
+2,800
| +233% | +$728K |
|
7313
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.48B
| $979K | ﹤0.01% |
+12,558
| New | +$938K |
|
|
GRSD
7314
PUT
Grandstand Ltd
GRSD
$80.4M
| $978K | ﹤0.01% |
+77,500
| New | +$1.09M |
|
7315
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.4B
| $978K | ﹤0.01% |
7,441
-12,211
| -62% | -$1.71M |
|
7316
Schwab 1000 Index ETF
SCHK
$5.96B
| $977K | ﹤0.01% |
+36,302
| New | +$1.03M |
|
7317
CALL
Schwab U.S Small- Cap ETF
SCHA
$23.7B
| $977K | ﹤0.01% |
41,700
-7,100
| -15% | -$181K |
|
7318
CALL
Microvision
MVIS
$53M
| $976K | ﹤0.01% |
52,493
+19,340
| +58% | +$404K |
|
7319
PUT
ARK Web x.0 ETF
ARKW
$1.8B
| $975K | ﹤0.01% |
10,300
+1,500
| +17% | +$165K |
|
7320
CALL
Marqeta
MQ
$1.7B
| $975K | ﹤0.01% |
59,150
-14,625
| -20% | -$231K |
|
7321
CALL
Capricor Therapeutics
CAPR
$386M
| $975K | ﹤0.01% |
102,700
-199,400
| -66% | -$2.77M |
|
7322
Burke & Herbert Financial Services Corp
BHRB
$1.48B
| $975K | ﹤0.01% |
17,369
+10,703
| +161% | +$654K |
|
7323
Artesian Resources
ARTNA
$370M
| $974K | ﹤0.01% |
+29,844
| New | +$936K |
|
|
BZUN
7324
Baozun
BZUN
$165M
| $974K | ﹤0.01% |
356,912
+70,041
| +24% | +$222K |
|
7325
Vanguard Intermediate-Term Treasury ETF
VGIT
$42.4B
| $974K | ﹤0.01% |
16,393
-98,897
| -86% | -$5.79M |
|
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.