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 | |
|---|---|---|---|---|---|---|
7426
Boston Omaha
BOC
$420M
| $935K | ﹤0.01% |
64,112
+36,602
| +133% | +$526K |
|
7427
Miller Industries
MLR
$645M
| $934K | ﹤0.01% |
22,045
+5,740
| +35% | +$334K |
|
7428
CALL
CrossAmerica Partners
CAPL
$901M
| $934K | ﹤0.01% |
38,000
+6,100
| +19% | +$140K |
|
7429
PUT
Capital Southwest
CSWC
$1.59B
| $933K | ﹤0.01% |
41,800
-12,400
| -23% | -$280K |
|
|
AMPS
7430
DELISTED
Altus Power
AMPS
| $932K | ﹤0.01% |
188,381
+128,891
| +217% | +$586K |
|
7431
PUT
Vanguard Financials ETF
VFH
$14B
| $932K | ﹤0.01% |
7,800
+4,600
| +144% | +$560K |
|
7432
Lightspeed Commerce
LSPD
$1.38B
| $931K | ﹤0.01% |
106,441
-317,365
| -75% | -$4.09M |
|
7433
EA Bridgeway Omni Small-Cap Value ETF
BSVO
$2.52B
| $931K | ﹤0.01% |
47,899
-48,988
| -51% | -$1.03M |
|
7434
CALL
Energy Recovery
ERII
$426M
| $931K | ﹤0.01% |
58,600
+26,600
| +83% | +$405K |
|
7435
LeaderShares Dynamic Yield ETF
DYLD
$40.2M
| $931K | ﹤0.01% |
41,368
-5,066
| -11% | -$114K |
|
7436
CALL
United States Brent Oil Fund
BNO
$785M
| $930K | ﹤0.01% |
29,900
-135,300
| -82% | -$4.14M |
|
7437
VanEck Mortgage REIT Income ETF
MORT
$375M
| $930K | ﹤0.01% |
+83,251
| New | +$933K |
|
7438
CALL
NatWest
NWG
$75.9B
| $930K | ﹤0.01% |
78,000
-7,600
| -9% | -$85.2K |
|
7439
PACS Group
PACS
$7.04B
| $929K | ﹤0.01% |
82,682
+8,333
| +11% | +$109K |
|
|
METD
7440
Direxion Daily META Bear 1X ETF
METD
$9.34M
| $929K | ﹤0.01% |
+46,958
| New | +$846K |
|
|
BBUC
7441
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.03B
| $928K | ﹤0.01% |
34,866
+21,313
| +157% | +$542K |
|
7442
Graham Corp
GHM
$1.34B
| $928K | ﹤0.01% |
32,202
+25,196
| +360% | +$956K |
|
7443
SoFi Enhanced Yield ETF
THTA
$56.1M
| $928K | ﹤0.01% |
49,410
-6,911
| -12% | -$131K |
|
7444
CALL
IMAX
IMAX
$2.9B
| $928K | ﹤0.01% |
35,200
-9,500
| -21% | -$237K |
|
7445
Direxion Daily NVDA Bear 1X ETF
NVDD
$19.4M
| $927K | ﹤0.01% |
12,721
+5,005
| +65% | +$328K |
|
|
LOVE
7446
PUT
LoveSac
LOVE
$253M
| $927K | ﹤0.01% |
51,000
+16,500
| +48% | +$362K |
|
7447
CALL
Kimco Realty
KIM
$16.4B
| $926K | ﹤0.01% |
43,600
-30,200
| -41% | -$659K |
|
7448
PUT
Werner Enterprises
WERN
$2.33B
| $926K | ﹤0.01% |
+31,600
| New | +$1.06M |
|
7449
CALL
Black Stone Minerals
BSM
$3.05B
| $925K | ﹤0.01% |
60,600
-51,000
| -46% | -$766K |
|
7450
Byrna Technologies
BYRN
$95.5M
| $925K | ﹤0.01% |
54,945
+32,057
| +140% | +$828K |
|
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.