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 | |
|---|---|---|---|---|---|---|
7601
Ohio Valley Banc Corp
OVBC
$210M
| $869K | ﹤0.01% |
33,359
+10,640
| +47% | +$282K |
|
7602
CALL
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $869K | ﹤0.01% |
11,100
+8,700
| +363% | +$765K |
|
7603
Atlanticus Holdings
ATLC
$1.56B
| $868K | ﹤0.01% |
16,975
+10,558
| +165% | +$576K |
|
7604
CALL
Barings BDC
BBDC
$975M
| $868K | ﹤0.01% |
91,000
+43,300
| +91% | +$427K |
|
7605
PUT
nCino
NCNO
$2.28B
| $868K | ﹤0.01% |
31,600
+10,800
| +52% | +$342K |
|
|
MFA
7606
CALL
MFA Financial
MFA
$926M
| $867K | ﹤0.01% |
84,500
+14,400
| +21% | +$151K |
|
|
TDAY
7607
CALL
USA Today Co
TDAY
$1.03B
| $866K | ﹤0.01% |
299,800
+3,700
| +1% | +$15.5K |
|
7608
CALL
Trex
TREX
$5.06B
| $866K | ﹤0.01% |
14,900
-30,000
| -67% | -$1.95M |
|
7609
CALL
Sylvamo
SLVM
$1.53B
| $865K | ﹤0.01% |
12,900
-3,600
| -22% | -$262K |
|
7610
Landstar System
LSTR
$6.45B
| $865K | ﹤0.01% |
5,760
-13,971
| -71% | -$2.25M |
|
|
HOUS
7611
DELISTED
Anywhere Real Estate
HOUS
| $865K | ﹤0.01% |
259,745
-130,425
| -33% | -$462K |
|
7612
FT Vest US Equity Moderate Buffer ETF March
GMAR
$397M
| $865K | ﹤0.01% |
23,248
-12,371
| -35% | -$467K |
|
7613
Frequency Electronics
FEIM
$863M
| $865K | ﹤0.01% |
55,257
-28,281
| -34% | -$465K |
|
7614
PUT
Flowserve
FLS
$10.3B
| $864K | ﹤0.01% |
17,700
-11,300
| -39% | -$642K |
|
7615
iMGP DBi Managed Futures Strategy ETF
DBMF
$4.2B
| $864K | ﹤0.01% |
+34,221
| New | +$892K |
|
7616
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.41B
| $864K | ﹤0.01% |
17,700
-9,489
| -35% | -$466K |
|
7617
CEVA Inc
CEVA
$937M
| $864K | ﹤0.01% |
33,735
+16,641
| +97% | +$535K |
|
|
PEPS
7618
Parametric Equity Plus ETF
PEPS
$29.8M
| $864K | ﹤0.01% |
36,903
-58,571
| -61% | -$1.45M |
|
7619
CALL
Perion Network
PERI
$385M
| $864K | ﹤0.01% |
106,100
+45,100
| +74% | +$394K |
|
|
ACH
7620
Accendra Health
ACH
$73.1M
| $863K | ﹤0.01% |
95,624
+58,098
| +155% | +$613K |
|
7621
PUT
Vanda Pharmaceuticals
VNDA
$316M
| $863K | ﹤0.01% |
188,100
+168,400
| +855% | +$785K |
|
7622
Cytek Biosciences
CTKB
$610M
| $863K | ﹤0.01% |
215,288
+158,393
| +278% | +$821K |
|
7623
Innovator International Developed Power Buffer ETF March
IMAR
$111M
| $863K | ﹤0.01% |
32,634
+22,848
| +233% | +$597K |
|
7624
PUT
Regency Centers
REG
$14B
| $863K | ﹤0.01% |
11,700
+3,700
| +46% | +$269K |
|
|
KLG
7625
PUT
DELISTED
WK Kellogg Co
KLG
| $863K | ﹤0.01% |
43,300
-900
| -2% | -$16.4K |
|
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.