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 | |
|---|---|---|---|---|---|---|
7676
PUT
Essential Utilities
WTRG
$11.5B
| $846K | ﹤0.01% |
21,400
+15,500
| +263% | +$569K |
|
7677
TransAlta
TAC
$4.05B
| $846K | ﹤0.01% |
90,474
-295,209
| -77% | -$3.27M |
|
|
SRDX
7678
CALL
DELISTED
Surmodics
SRDX
| $846K | ﹤0.01% |
27,700
+900
| +3% | +$30.3K |
|
7679
PUT
QuinStreet
QNST
$1.18B
| $846K | ﹤0.01% |
47,400
+29,800
| +169% | +$625K |
|
7680
First Trust Horizon Managed Volatility Domestic ETF
HUSV
$84.8M
| $844K | ﹤0.01% |
21,007
+14,991
| +249% | +$585K |
|
7681
WBI BullBear Value 3000 ETF
WBIF
$23.6M
| $844K | ﹤0.01% |
29,354
-2,906
| -9% | -$85.3K |
|
7682
PUT
Ceragon Networks
CRNT
$200M
| $844K | ﹤0.01% |
359,100
+290,800
| +426% | +$1.07M |
|
|
SMLR
7683
CALL
DELISTED
Semler Scientific
SMLR
| $843K | ﹤0.01% |
23,300
-6,600
| -22% | -$309K |
|
7684
CALL
Blend Labs
BLND
$352M
| $843K | ﹤0.01% |
251,600
-60,900
| -19% | -$221K |
|
7685
CALL
Corporacion America
CAAP
$6.33B
| $842K | ﹤0.01% |
46,000
+13,100
| +40% | +$248K |
|
7686
Mesa Laboratories
MLAB
$593M
| $841K | ﹤0.01% |
7,091
+4,594
| +184% | +$626K |
|
7687
Sixth Street Specialty
TSLX
$1.78B
| $841K | ﹤0.01% |
37,584
+6,758
| +22% | +$150K |
|
7688
CALL
Landstar System
LSTR
$6.45B
| $841K | ﹤0.01% |
+5,600
| New | +$903K |
|
7689
Innovator US Equity Buffer ETF November
BNOV
$213M
| $840K | ﹤0.01% |
+22,005
| New | +$867K |
|
|
HITI
7690
PUT
High Tide
HITI
$206M
| $840K | ﹤0.01% |
444,400
+213,300
| +92% | +$562K |
|
7691
CALL
Inseego
INSG
$77M
| $839K | ﹤0.01% |
102,700
-20,700
| -17% | -$226K |
|
7692
FT Vest US Equity Buffer & Premium Income ETF September
XISE
$35.7M
| $839K | ﹤0.01% |
27,918
-3,419
| -11% | -$103K |
|
7693
PUT
Knife River
KNF
$3.77B
| $839K | ﹤0.01% |
9,300
+200
| +2% | +$19.5K |
|
7694
Capital Southwest
CSWC
$1.59B
| $839K | ﹤0.01% |
37,587
+20,364
| +118% | +$460K |
|
7695
Bio-Techne
TECH
$11.3B
| $839K | ﹤0.01% |
14,309
-59,993
| -81% | -$4.07M |
|
7696
iShares Europe ETF
IEV
$1.7B
| $839K | ﹤0.01% |
+14,414
| New | +$819K |
|
7697
REX American Resources
REX
$1.47B
| $838K | ﹤0.01% |
44,626
+5,134
| +13% | +$103K |
|
7698
PUT
TransUnion
TRU
$15.4B
| $838K | ﹤0.01% |
10,100
-79,800
| -89% | -$7.29M |
|
7699
PUT
Integer Holdings
ITGR
$4.26B
| $838K | ﹤0.01% |
7,100
+2,500
| +54% | +$327K |
|
7700
PUT
iShares MSCI Sweden ETF
EWD
$587M
| $837K | ﹤0.01% |
19,900
+8,200
| +70% | +$345K |
|
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.