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 | |
|---|---|---|---|---|---|---|
8001
CALL
Hafnia
HAFN
$3.87B
| $745K | ﹤0.01% |
+179,000
| New | +$886K |
|
|
ENFN
8002
DELISTED
Enfusion, Inc.
ENFN
| $744K | ﹤0.01% |
66,724
-140,451
| -68% | -$1.55M |
|
|
FLOC
8003
Flowco Holdings
FLOC
$1.04B
| $744K | ﹤0.01% |
+28,999
| New | +$765K |
|
8004
SELLAS Life Sciences
SLS
$2.58B
| $744K | ﹤0.01% |
+688,696
| New | +$818K |
|
8005
Hycroft Mining Holding Corp
HYMC
$2.52B
| $744K | ﹤0.01% |
229,520
+5,785
| +3% | +$14.9K |
|
8006
CALL
Daktronics
DAKT
$986M
| $743K | ﹤0.01% |
61,000
-75,900
| -55% | -$1.15M |
|
8007
CALL
Altimmune
ALT
$572M
| $743K | ﹤0.01% |
148,500
-555,900
| -79% | -$3.52M |
|
8008
CALL
CG Oncology
CGON
$6.65B
| $742K | ﹤0.01% |
30,300
-133,100
| -81% | -$3.74M |
|
8009
KraneShares MSCI All China Health Care Index ETF
KURE
$106M
| $741K | ﹤0.01% |
47,496
+31,415
| +195% | +$460K |
|
|
PPBI
8010
CALL
DELISTED
Pacific Premier Bancorp
PPBI
| $740K | ﹤0.01% |
34,700
+23,000
| +197% | +$548K |
|
8011
Inhibrx
INBX
$1.3B
| $740K | ﹤0.01% |
52,873
-19,579
| -27% | -$266K |
|
8012
SLR Investment Corp
SLRC
$703M
| $739K | ﹤0.01% |
43,847
+17,936
| +69% | +$305K |
|
8013
CALL
F&G Annuities & Life
FG
$3.59B
| $739K | ﹤0.01% |
20,500
+4,600
| +29% | +$193K |
|
|
TRML
8014
DELISTED
Tourmaline Bio
TRML
| $739K | ﹤0.01% |
48,584
+35,077
| +260% | +$562K |
|
8015
HCM Defender 500 Index ETF
LGH
$605M
| $739K | ﹤0.01% |
+15,302
| New | +$789K |
|
8016
ProShares UltraShort Utilities
SDP
$4.14M
| $739K | ﹤0.01% |
24,250
+15,412
| +174% | +$485K |
|
8017
GraniteShares 2x Long COIN Daily ETF
CONL
$402M
| $738K | ﹤0.01% |
53,239
-85,884
| -62% | -$2.76M |
|
8018
PUT
Lincoln Electric
LECO
$15.6B
| $738K | ﹤0.01% |
3,900
+2,100
| +117% | +$412K |
|
|
NAUG
8019
Innovator Growth-100 Power Buffer ETF - August
NAUG
$57.6M
| $736K | ﹤0.01% |
+29,636
| New | +$764K |
|
8020
PUT
ZTO Express
ZTO
$17.4B
| $736K | ﹤0.01% |
37,100
-28,800
| -44% | -$562K |
|
8021
CALL
MINISO
MNSO
$3.52B
| $736K | ﹤0.01% |
39,800
-66,100
| -62% | -$1.44M |
|
|
QETH
8022
Invesco Galaxy Ethereum ETF
QETH
$16.9M
| $736K | ﹤0.01% |
40,363
+30,530
| +310% | +$802K |
|
8023
PetMed Express
PETS
$39.5M
| $734K | ﹤0.01% |
175,251
+73,318
| +72% | +$333K |
|
8024
PUT
Evolv Technologies
EVLV
$1.05B
| $734K | ﹤0.01% |
235,300
-97,400
| -29% | -$342K |
|
8025
YieldMax AMZN Option Income Strategy ETF
AMZY
$246M
| $734K | ﹤0.01% |
+45,755
| New | +$831K |
|
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.