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 | |
|---|---|---|---|---|---|---|
7376
CALL
Advanced Energy
AEIS
$13.2B
| $953K | ﹤0.01% |
10,000
-10,600
| -51% | -$1.21M |
|
7377
CALL
Stock Yards Bancorp
SYBT
$2.64B
| $953K | ﹤0.01% |
13,800
-11,500
| -45% | -$827K |
|
7378
Ironwood Pharmaceuticals
IRWD
$712M
| $953K | ﹤0.01% |
648,267
+455,976
| +237% | +$1.09M |
|
7379
PUT
Harmony Biosciences
HRMY
$2.22B
| $953K | ﹤0.01% |
28,700
-400
| -1% | -$14.3K |
|
7380
CALL
Amprius Technologies
AMPX
$1.83B
| $952K | ﹤0.01% |
355,400
+143,700
| +68% | +$424K |
|
7381
CALL
Golub Capital BDC
GBDC
$3.44B
| $952K | ﹤0.01% |
62,900
+7,200
| +13% | +$110K |
|
7382
Humacyte
HUMA
$168M
| $952K | ﹤0.01% |
558,507
-224,570
| -29% | -$843K |
|
7383
CALL
Revvity
RVTY
$13B
| $952K | ﹤0.01% |
9,000
+5,200
| +137% | +$600K |
|
7384
Porch Group
PRCH
$1.97B
| $952K | ﹤0.01% |
130,611
-119,233
| -48% | -$646K |
|
7385
Innovator US Equity Buffer ETF July
BJUL
$354M
| $951K | ﹤0.01% |
22,035
+119
| +0.5% | +$5.32K |
|
|
IGTR
7386
DELISTED
Innovator Gradient Tactical Rotation Strategy ETF
IGTR
| $951K | ﹤0.01% |
38,896
+10,877
| +39% | +$269K |
|
7387
B&G Foods
BGS
$294M
| $950K | ﹤0.01% |
138,317
+78,187
| +130% | +$522K |
|
7388
BK Technologies
BKTI
$279M
| $949K | ﹤0.01% |
+24,196
| New | +$766K |
|
7389
Crexendo
CXDO
$221M
| $949K | ﹤0.01% |
194,777
+104,051
| +115% | +$611K |
|
7390
CALL
Avnet
AVT
$7.86B
| $947K | ﹤0.01% |
19,700
+1,200
| +6% | +$60.7K |
|
7391
Spyre Therapeutics
SYRE
$9.14B
| $947K | ﹤0.01% |
58,696
+35,607
| +154% | +$741K |
|
7392
Cerence
CRNC
$407M
| $947K | ﹤0.01% |
119,880
+95,717
| +396% | +$1.18M |
|
7393
Wave Life Sciences
WVE
$1.07B
| $946K | ﹤0.01% |
117,089
+76,558
| +189% | +$837K |
|
7394
PUT
Cipher Digital
CIFR
$7.41B
| $946K | ﹤0.01% |
411,300
-214,000
| -34% | -$974K |
|
|
PHX
7395
DELISTED
PHX Minerals
PHX
| $946K | ﹤0.01% |
239,422
+66,183
| +38% | +$263K |
|
7396
ClearShares Ultra-Short Maturity ETF
OPER
$105M
| $945K | ﹤0.01% |
+9,435
| New | +$946K |
|
7397
Vail Resorts
MTN
$5.28B
| $945K | ﹤0.01% |
5,906
-396
| -6% | -$65.8K |
|
7398
PUT
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.3B
| $945K | ﹤0.01% |
23,900
+15,800
| +195% | +$654K |
|
|
ZSEP
7399
Innovator Equity Defined Protection ETF - 1 Yr September
ZSEP
$123M
| $945K | ﹤0.01% |
37,894
+28,391
| +299% | +$715K |
|
7400
Nuveen ESG Emerging Markets Equity ETF
NUEM
$401M
| $943K | ﹤0.01% |
+32,224
| New | +$952K |
|
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.