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 | |
|---|---|---|---|---|---|---|
7801
Varex Imaging
VREX
$779M
| $807K | ﹤0.01% |
69,581
-43,658
| -39% | -$577K |
|
7802
JPMorgan US Value Factor ETF
JVAL
$874M
| $807K | ﹤0.01% |
+19,485
| New | +$849K |
|
7803
CALL
Invesco China Technology ETF
CQQQ
$3.18B
| $806K | ﹤0.01% |
18,200
+1,000
| +6% | +$44K |
|
7804
Fidelity MSCI Utilities Index ETF
FUTY
$2.33B
| $806K | ﹤0.01% |
15,820
-55,006
| -78% | -$2.77M |
|
7805
ProShares Short High Yield
SJB
$47.6M
| $806K | ﹤0.01% |
50,000
-568
| -1% | -$9.12K |
|
7806
DMC Global
BOOM
$155M
| $806K | ﹤0.01% |
95,684
+79,825
| +503% | +$651K |
|
7807
Ibotta
IBTA
$783M
| $806K | ﹤0.01% |
19,088
+12,262
| +180% | +$718K |
|
7808
CALL
Aaon
AAON
$7.24B
| $805K | ﹤0.01% |
10,300
-21,900
| -68% | -$2.26M |
|
7809
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$540M
| $804K | ﹤0.01% |
8,716
+5,273
| +153% | +$491K |
|
7810
PUT
Banco Bradesco
BBD
$34.2B
| $804K | ﹤0.01% |
360,600
-900,000
| -71% | -$1.86M |
|
7811
PUT
Global X Lithium & Battery Tech ETF
LIT
$1.61B
| $803K | ﹤0.01% |
20,700
-68,100
| -77% | -$2.79M |
|
|
ABFL
7812
Abacus FCF Leaders ETF
ABFL
$548M
| $803K | ﹤0.01% |
+12,563
| New | +$847K |
|
7813
PUT
Hamilton Lane
HLNE
$5.74B
| $803K | ﹤0.01% |
5,400
-4,300
| -44% | -$655K |
|
7814
EyePoint Inc
EYPT
$1.27B
| $802K | ﹤0.01% |
148,049
+52,900
| +56% | +$370K |
|
7815
PUT
The Ensign Group
ENSG
$10.6B
| $802K | ﹤0.01% |
6,200
-10,800
| -64% | -$1.43M |
|
7816
Parametric Equity Premium Income ETF
PAPI
$447M
| $802K | ﹤0.01% |
30,227
-51,866
| -63% | -$1.38M |
|
7817
PUT
Sturm, Ruger & Co
RGR
$602M
| $802K | ﹤0.01% |
20,400
+2,300
| +13% | +$86.3K |
|
7818
PUT
Veru
VERU
$46.5M
| $801K | ﹤0.01% |
163,550
+127,120
| +349% | +$788K |
|
|
PLYM
7819
DELISTED
Plymouth Industrial REIT
PLYM
| $801K | ﹤0.01% |
49,135
+23,009
| +88% | +$388K |
|
7820
PUT
Dentsply Sirona
XRAY
$2.31B
| $801K | ﹤0.01% |
53,600
-11,800
| -18% | -$209K |
|
7821
Avantor
AVTR
$9.24B
| $801K | ﹤0.01% |
49,398
-307,783
| -86% | -$5.83M |
|
7822
PUT
iShares Russell 2000 Value ETF
IWN
$14.7B
| $800K | ﹤0.01% |
5,300
-25,500
| -83% | -$4.12M |
|
7823
CALL
ProShares UltraShort Energy
DUG
$18.1M
| $799K | ﹤0.01% |
23,600
+1,000
| +4% | +$37.2K |
|
7824
United States Copper Index Fund
CPER
$774M
| $799K | ﹤0.01% |
25,282
-60,006
| -70% | -$1.73M |
|
7825
Fomento Económico Mexicano
FMX
$40.3B
| $799K | ﹤0.01% |
8,186
+1,796
| +28% | +$163K |
|
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.