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 | |
|---|---|---|---|---|---|---|
7726
CALL
AtriCure
ATRC
$2.25B
| $829K | ﹤0.01% |
25,700
+12,200
| +90% | +$453K |
|
7727
Ardmore Shipping
ASC
$719M
| $828K | ﹤0.01% |
84,623
+66,604
| +370% | +$728K |
|
7728
CALL
Stantec
STN
$8.28B
| $828K | ﹤0.01% |
+10,000
| New | +$800K |
|
7729
Aquestive Therapeutics
AQST
$533M
| $828K | ﹤0.01% |
285,642
+91,768
| +47% | +$278K |
|
7730
CALL
Kirby Corp
KEX
$7.32B
| $828K | ﹤0.01% |
8,200
-9,000
| -52% | -$939K |
|
7731
PUT
nVent Electric
NVT
$27.7B
| $828K | ﹤0.01% |
15,800
-300
| -2% | -$19K |
|
7732
PUT
First Trust Cloud Computing ETF
SKYY
$3.31B
| $828K | ﹤0.01% |
8,100
-50,400
| -86% | -$6M |
|
|
FLNA
7733
Filana Therapeutics
FLNA
$44.1M
| $828K | ﹤0.01% |
552,021
+271,628
| +97% | +$685K |
|
7734
Ardagh Metal Packaging
AMBP
$3.13B
| $828K | ﹤0.01% |
274,161
+94,386
| +53% | +$265K |
|
7735
CALL
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$399M
| $828K | ﹤0.01% |
11,600
+7,900
| +214% | +$610K |
|
|
DEC
7736
Diversified Energy Company
DEC
$1.01B
| $827K | ﹤0.01% |
61,191
+36,682
| +150% | +$543K |
|
|
GOLD
7737
PUT
Gold.com Inc
GOLD
$1.28B
| $827K | ﹤0.01% |
32,600
-19,800
| -38% | -$548K |
|
|
IRBT
7738
PUT
DELISTED
iRobot
IRBT
| $827K | ﹤0.01% |
306,300
-155,100
| -34% | -$1.12M |
|
7739
WisdomTree Trust WisdomTree US SmallCap Quality Dividend Growth Fund
DGRS
$417M
| $826K | ﹤0.01% |
17,765
-33,402
| -65% | -$1.66M |
|
7740
Avantis US Large Cap Equity ETF
AVLC
$1.44B
| $826K | ﹤0.01% |
+12,862
| New | +$873K |
|
7741
PUT
JFrog
FROG
$11.6B
| $826K | ﹤0.01% |
25,800
+15,800
| +158% | +$550K |
|
7742
Ameresco
AMRC
$1.48B
| $825K | ﹤0.01% |
68,327
+39,305
| +135% | +$712K |
|
|
CRON
7743
Cronos Group
CRON
$1.16B
| $825K | ﹤0.01% |
455,962
+65,108
| +17% | +$126K |
|
7744
GCM Grosvenor
GCMG
$2.81B
| $825K | ﹤0.01% |
62,350
+33,813
| +118% | +$452K |
|
7745
Sturm, Ruger & Co
RGR
$602M
| $825K | ﹤0.01% |
20,993
+1,722
| +9% | +$64.6K |
|
7746
Mizuho Financial
MFG
$132B
| $825K | ﹤0.01% |
149,650
+7,998
| +6% | +$44K |
|
7747
AnaptysBio
ANAB
$1.73B
| $824K | ﹤0.01% |
44,337
+27,538
| +164% | +$459K |
|
7748
CALL
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $824K | ﹤0.01% |
8,800
+3,700
| +73% | +$340K |
|
|
TJAN
7749
Innovator Equity Defined Protection ETF - 2 Yr to January 2027
TJAN
$32M
| $824K | ﹤0.01% |
+32,576
| New | +$833K |
|
7750
Sasol
SSL
$7.39B
| $823K | ﹤0.01% |
194,548
+80,753
| +71% | +$366K |
|
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.