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 | |
|---|---|---|---|---|---|---|
8051
PUT
CareDx
CDNA
$2.34B
| $728K | ﹤0.01% |
41,000
+22,900
| +127% | +$493K |
|
8052
Goldman Sachs Innovate Equity ETF
GINN
$215M
| $728K | ﹤0.01% |
12,357
-12,923
| -51% | -$811K |
|
8053
CALL
Power Integrations
POWI
$3.51B
| $727K | ﹤0.01% |
14,400
-11,200
| -44% | -$670K |
|
8054
PDF Solutions
PDFS
$2.15B
| $727K | ﹤0.01% |
38,045
+22,347
| +142% | +$548K |
|
8055
Hovnanian Enterprises
HOV
$785M
| $727K | ﹤0.01% |
6,940
+2,266
| +48% | +$273K |
|
8056
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$84.2M
| $726K | ﹤0.01% |
6,701
+763
| +13% | +$82.7K |
|
8057
CALL
Red Violet
RDVT
$1.12B
| $725K | ﹤0.01% |
19,300
+7,600
| +65% | +$286K |
|
8058
Mohr Sector Nav ETF
SNAV
$30.5M
| $725K | ﹤0.01% |
24,335
+2,999
| +14% | +$91.8K |
|
|
MLNK
8059
DELISTED
MeridianLink
MLNK
| $725K | ﹤0.01% |
39,120
+20,980
| +116% | +$405K |
|
|
NOVA
8060
PUT
DELISTED
Sunnova Energy
NOVA
| $725K | ﹤0.01% |
1,958,700
+772,800
| +65% | +$1.49M |
|
8061
CALL
Algoma Steel
ASTL
$452M
| $725K | ﹤0.01% |
133,700
-183,200
| -58% | -$1.38M |
|
8062
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.3B
| $724K | ﹤0.01% |
+18,325
| New | +$759K |
|
8063
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.32B
| $724K | ﹤0.01% |
7,600
-17,300
| -69% | -$1.66M |
|
|
YRD
8064
CALL
Yiren Digital
YRD
$104M
| $724K | ﹤0.01% |
105,200
-24,700
| -19% | -$155K |
|
8065
Elastic
ESTC
$9.01B
| $723K | ﹤0.01% |
8,120
+3,101
| +62% | +$322K |
|
8066
CALL
Sonic Automotive
SAH
$2.56B
| $723K | ﹤0.01% |
12,700
+7,000
| +123% | +$471K |
|
8067
Global X MSCI Vietnam ETF
VNAM
$34.5M
| $723K | ﹤0.01% |
45,152
-29,023
| -39% | -$447K |
|
8068
CALL
Insperity
NSP
$1.99B
| $723K | ﹤0.01% |
8,100
+2,900
| +56% | +$241K |
|
8069
PUT
Portland General Electric
POR
$5.97B
| $723K | ﹤0.01% |
16,200
-5,000
| -24% | -$214K |
|
8070
CALL
POSCO
PKX
$17.7B
| $722K | ﹤0.01% |
15,200
-6,400
| -30% | -$299K |
|
8071
Innovator US Equity Power Buffer ETF September
PSEP
$842M
| $722K | ﹤0.01% |
18,805
+10,423
| +124% | +$409K |
|
8072
First Trust Exchange-Traded Fund VI First Trust S&P 500 Diversified Dividend Aristocrats ETF
KNGZ
$66.5M
| $722K | ﹤0.01% |
22,420
-12,260
| -35% | -$404K |
|
|
CVGW
8073
CALL
DELISTED
Calavo Growers
CVGW
| $722K | ﹤0.01% |
30,100
-600
| -2% | -$14.1K |
|
8074
Real Brokerage
REAX
$523M
| $722K | ﹤0.01% |
177,819
+70,424
| +66% | +$334K |
|
8075
Defiance S&P 500 Income Target ETF
SPYT
$160M
| $721K | ﹤0.01% |
41,057
-8,093
| -16% | -$152K |
|
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.