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 | |
|---|---|---|---|---|---|---|
7976
Arhaus
ARHS
$1.39B
| $752K | ﹤0.01% |
86,481
+52,216
| +152% | +$559K |
|
7977
Cass Information Systems
CASS
$748M
| $752K | ﹤0.01% |
17,381
+10,480
| +152% | +$445K |
|
7978
PUT
Absci
ABSI
$1.58B
| $751K | ﹤0.01% |
299,400
+283,000
| +1,726% | +$1.04M |
|
|
QWLD
7979
State Street SPDR MSCI World StrategicFactors ETF
QWLD
$179M
| $751K | ﹤0.01% |
+5,878
| New | +$753K |
|
7980
FT Vest US Small Cap Moderate Buffer ETF May
SMAY
$111M
| $750K | ﹤0.01% |
32,001
-343
| -1% | -$8.44K |
|
7981
First Trust Horizon Managed Volatility Developed International ETF
HDMV
$17.5M
| $750K | ﹤0.01% |
23,380
+4,072
| +21% | +$124K |
|
7982
CALL
Genmab
GMAB
$19.6B
| $750K | ﹤0.01% |
38,300
+23,200
| +154% | +$487K |
|
7983
Ocugen
OCGN
$458M
| $749K | ﹤0.01% |
1,060,841
+117,804
| +12% | +$81.5K |
|
|
GDEN
7984
DELISTED
Golden Entertainment
GDEN
| $748K | ﹤0.01% |
28,362
+17,649
| +165% | +$543K |
|
|
AEVA
7985
Aeva Technologies
AEVA
$1.62B
| $748K | ﹤0.01% |
106,906
+96,905
| +969% | +$399K |
|
7986
PUT
Varonis Systems
VRNS
$5.17B
| $748K | ﹤0.01% |
18,500
-105,700
| -85% | -$4.55M |
|
7987
Cornerstone Strategic Value Fund
CLM
$2.19B
| $748K | ﹤0.01% |
102,307
-3,100
| -3% | -$25.5K |
|
7988
RLI Corp
RLI
$5.85B
| $748K | ﹤0.01% |
9,312
-608
| -6% | -$46.3K |
|
|
HITI
7989
High Tide
HITI
$206M
| $748K | ﹤0.01% |
395,620
+209,230
| +112% | +$551K |
|
7990
First Trust RiverFront Dynamic Developed International ETF
RFDI
$168M
| $748K | ﹤0.01% |
11,247
-6,147
| -35% | -$400K |
|
7991
PUT
Sigma Lithium
SGML
$1.34B
| $747K | ﹤0.01% |
71,800
-108,800
| -60% | -$1.25M |
|
7992
iShares Emerging Markets Infrastructure ETF
EMIF
$12.6M
| $747K | ﹤0.01% |
35,315
-4,998
| -12% | -$105K |
|
7993
PUT
Nuvectis Pharma
NVCT
$618M
| $746K | ﹤0.01% |
+76,400
| New | +$550K |
|
7994
Talkspace
TALK
$871M
| $746K | ﹤0.01% |
291,391
+206,678
| +244% | +$644K |
|
|
SHCO
7995
PUT
DELISTED
Soho House & Co
SHCO
| $745K | ﹤0.01% |
120,600
+51,800
| +75% | +$375K |
|
7996
CALL
Arrowhead Research
ARWR
$12.2B
| $745K | ﹤0.01% |
58,500
+22,800
| +64% | +$415K |
|
|
RIOX
7997
Defiance Daily Target 2X Long RIOT ETF
RIOX
$13.7M
| $745K | ﹤0.01% |
+34,160
| New | +$1.88M |
|
|
SMCY
7998
YieldMax SMCI Option Income Strategy ETF
SMCY
$135M
| $745K | ﹤0.01% |
36,016
-1,582
| -4% | -$39.9K |
|
|
CVSA
7999
PUT
Covista Inc
CVSA
$4.49B
| $745K | ﹤0.01% |
7,400
+3,600
| +95% | +$359K |
|
8000
Global X NASDAQ 100 Collar 95-110 ETF
QCLR
$3.41M
| $745K | ﹤0.01% |
27,123
+13,280
| +96% | +$386K |
|
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.