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 | |
|---|---|---|---|---|---|---|
751
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.47B
| $82.1M | 0.01% |
519,100
+37,100
| +8% | +$6.12M |
|
752
Texas Instruments
TXN
$258B
| $82M | 0.01% |
456,368
-50,607
| -10% | -$9.47M |
|
753
DoorDash
DASH
$92.6B
| $81.9M | 0.01% |
448,232
+220,658
| +97% | +$41.5M |
|
754
PUT
State Street SPDR S&P Bank ETF
KBE
$1.73B
| $81.7M | 0.01% |
1,542,600
-36,200
| -2% | -$2.03M |
|
755
PUT
Expedia Group
EXPE
$38.9B
| $81.6M | 0.01% |
485,700
-83,400
| -15% | -$15.2M |
|
756
PUT
Interactive Brokers
IBKR
$40.6B
| $81.4M | 0.01% |
1,965,200
+1,043,600
| +113% | +$51.7M |
|
757
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$291M
| $81.3M | 0.01% |
693,700
-471,920
| -40% | -$48.8M |
|
758
CALL
Phillips 66
PSX
$88.7B
| $81.1M | 0.01% |
656,400
-106,200
| -14% | -$13.1M |
|
759
PUT
Vanguard Morningstar Growth ETF
VUG
$229B
| $80.9M | 0.01% |
1,308,600
+196,800
| +18% | +$13.3M |
|
760
CALL
Pinterest
PINS
$13.5B
| $80.4M | 0.01% |
2,594,300
-599,100
| -19% | -$20.3M |
|
761
United Parcel Service
UPS
$88.4B
| $80.4M | 0.01% |
730,638
-11,974
| -2% | -$1.43M |
|
762
Oracle
ORCL
$417B
| $80.3M | 0.01% |
574,401
-104,333
| -15% | -$17M |
|
763
CALL
Match Group
MTCH
$8.48B
| $80M | 0.01% |
2,564,900
-585,900
| -19% | -$19.1M |
|
764
CALL
Illinois Tool Works
ITW
$83.9B
| $80M | 0.01% |
322,400
+256,400
| +388% | +$65.9M |
|
765
CALL
Fair Isaac
FICO
$22.2B
| $79.9M | 0.01% |
43,300
-23,500
| -35% | -$43.5M |
|
766
CALL
NXP Semiconductors
NXPI
$59.6B
| $79.2M | 0.01% |
416,700
-106,400
| -20% | -$22.7M |
|
767
CALL
Becton Dickinson
BDX
$49.2B
| $79.1M | 0.01% |
345,500
+171,100
| +98% | +$39.7M |
|
768
PUT
Cheniere Energy
LNG
$55.2B
| $78.8M | 0.01% |
340,400
+49,900
| +17% | +$11.2M |
|
769
CALL
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.53B
| $78.5M | 0.01% |
13,539
-8,369
| -38% | -$36.6M |
|
770
CALL
Equinix
EQIX
$103B
| $78.4M | 0.01% |
96,100
+6,500
| +7% | +$5.84M |
|
771
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$146M
| $78.1M | 0.01% |
1,517,700
-142,600
| -9% | -$6.6M |
|
772
PUT
Twilio
TWLO
$39.2B
| $77.7M | 0.01% |
793,900
-49,700
| -6% | -$5.89M |
|
773
CALL
Veeva Systems
VEEV
$38.5B
| $77.6M | 0.01% |
335,200
+19,100
| +6% | +$4.36M |
|
774
State Street Materials Select Sector SPDR ETF
XLB
$8.7B
| $77.6M | 0.01% |
1,804,470
+348,460
| +24% | +$15.2M |
|
775
CALL
Monolithic Power Systems
MPWR
$68.8B
| $77.3M | 0.01% |
133,200
-86,300
| -39% | -$54.4M |
|
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.