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 | |
|---|---|---|---|---|---|---|
7751
CALL
Vertex
VERX
$2.06B
| $823K | ﹤0.01% |
23,500
+9,300
| +65% | +$425K |
|
7752
Fidelity Fundamental Large Cap Growth ETF
FFLG
$624M
| $823K | ﹤0.01% |
+37,156
| New | +$920K |
|
7753
State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
$1.08B
| $823K | ﹤0.01% |
10,418
+2,925
| +39% | +$226K |
|
7754
CALL
Tenable Holdings
TENB
$4.22B
| $822K | ﹤0.01% |
+23,500
| New | +$920K |
|
7755
Gladstone Capital
GLAD
$446M
| $822K | ﹤0.01% |
29,933
+14,604
| +95% | +$416K |
|
7756
PUT
Allegiant Air
ALGT
$2.34B
| $821K | ﹤0.01% |
15,900
+4,700
| +42% | +$378K |
|
|
MAXN
7757
CALL
DELISTED
Maxeon Solar Technologies
MAXN
| $821K | ﹤0.01% |
278,300
-335,600
| -55% | -$1.7M |
|
7758
PUT
Addus HomeCare
ADUS
$2.17B
| $821K | ﹤0.01% |
+8,300
| New | +$923K |
|
7759
PUT
ProShares Short QQQ
PSQ
$636M
| $821K | ﹤0.01% |
20,200
+13,000
| +181% | +$492K |
|
|
GPGI
7760
PUT
GPGI Inc
GPGI
$3.7B
| $821K | ﹤0.01% |
+75,500
| New | +$926K |
|
7761
PUT
Avista
AVA
$3.28B
| $821K | ﹤0.01% |
19,600
+7,400
| +61% | +$281K |
|
7762
CF Bankshares
CFBK
$234M
| $820K | ﹤0.01% |
37,214
-5,129
| -12% | -$120K |
|
7763
Beazer Homes USA
BZH
$872M
| $819K | ﹤0.01% |
40,184
+19,376
| +93% | +$465K |
|
7764
PUT
Assured Guaranty
AGO
$3.38B
| $819K | ﹤0.01% |
9,300
-35,700
| -79% | -$3.2M |
|
7765
Lincoln Educational Services
LINC
$950M
| $819K | ﹤0.01% |
51,617
+29,812
| +137% | +$485K |
|
7766
Cogent Biosciences
COGT
$6.58B
| $819K | ﹤0.01% |
136,742
-14,876
| -10% | -$117K |
|
7767
Schwab 1-5 Year Corporate Bond ETF
SCHJ
$849M
| $819K | ﹤0.01% |
+33,239
| New | +$814K |
|
|
DX
7768
PUT
Dynex Capital
DX
$3.24B
| $819K | ﹤0.01% |
62,900
+11,400
| +22% | +$153K |
|
7769
PUT
ProShares Short 20+ Year Treasury ETF
TBF
$107M
| $819K | ﹤0.01% |
+34,700
| New | +$841K |
|
7770
First Trust Core Investment Grade ETF
FTCB
$2.58B
| $818K | ﹤0.01% |
38,950
+27,424
| +238% | +$570K |
|
|
RDUS
7771
PUT
DELISTED
Radius Recycling
RDUS
| $817K | ﹤0.01% |
28,300
-16,000
| -36% | -$258K |
|
7772
India Internet & Ecommerce ETF
INQQ
$45M
| $817K | ﹤0.01% |
56,952
+34,381
| +152% | +$498K |
|
7773
CALL
EverQuote
EVER
$861M
| $817K | ﹤0.01% |
31,200
-6,500
| -17% | -$149K |
|
|
RPC
7774
Ridgepost Capital
RPC
$956M
| $817K | ﹤0.01% |
69,499
+35,681
| +106% | +$454K |
|
7775
ActivePassive Core Bond ETF
APCB
$1.01B
| $815K | ﹤0.01% |
+27,603
| New | +$807K |
|
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.