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 | |
|---|---|---|---|---|---|---|
8301
PUT
PSQ Holdings
PSQH
$15.5M
| $656K | ﹤0.01% |
19,087
+734
| +4% | +$37.3K |
|
|
TETH
8302
21Shares Ethereum ETF
TETH
$13M
| $655K | ﹤0.01% |
71,754
+52,555
| +274% | +$692K |
|
8303
Global X Copper Miners ETF NEW
COPX
$7.98B
| $655K | ﹤0.01% |
16,765
-194,656
| -92% | -$7.79M |
|
8304
Cheniere Energy
CQP
$33.4B
| $655K | ﹤0.01% |
9,915
-89,693
| -90% | -$5.57M |
|
8305
PUT
Caleres
CAL
$449M
| $655K | ﹤0.01% |
38,000
-26,200
| -41% | -$471K |
|
8306
Invesco Bloomberg Analyst Rating Improvers ETF
UPGD
$122M
| $655K | ﹤0.01% |
9,350
-4,393
| -32% | -$311K |
|
|
SPTN
8307
PUT
DELISTED
SpartanNash
SPTN
| $654K | ﹤0.01% |
32,300
+500
| +2% | +$9.59K |
|
8308
iShares Russell 3000 ETF
IWV
$20.5B
| $654K | ﹤0.01% |
2,059
-2,010
| -49% | -$674K |
|
8309
CALL
Plexus
PLXS
$7.13B
| $653K | ﹤0.01% |
5,100
+2,200
| +76% | +$309K |
|
8310
PUT
Opendoor
OPEN
$3.53B
| $653K | ﹤0.01% |
661,540
-126,067
| -16% | -$166K |
|
|
HGLB
8311
Highland Global Allocation Fund
HGLB
$179M
| $653K | ﹤0.01% |
+78,341
| New | +$626K |
|
8312
PUT
Warner Music
WMG
$13.4B
| $652K | ﹤0.01% |
20,800
-41,100
| -66% | -$1.34M |
|
8313
Backblaze
BLZE
$1.18B
| $652K | ﹤0.01% |
134,982
+73,651
| +120% | +$454K |
|
8314
Rentokil
RTO
$12B
| $652K | ﹤0.01% |
28,470
-56,407
| -66% | -$1.36M |
|
8315
Bitwise Bitcoin ETF
BITB
$2.41B
| $652K | ﹤0.01% |
14,523
-2,677
| -16% | -$136K |
|
8316
Enterprise Products Partners
EPD
$84B
| $652K | ﹤0.01% |
19,084
+10,383
| +119% | +$346K |
|
8317
Financial Institutions
FISI
$823M
| $651K | ﹤0.01% |
26,095
+16,386
| +169% | +$442K |
|
8318
CALL
Revolve Group
RVLV
$1.68B
| $651K | ﹤0.01% |
30,300
-55,300
| -65% | -$1.54M |
|
|
SMC
8319
CALL
Summit Midstream
SMC
$482M
| $651K | ﹤0.01% |
19,200
-19,200
| -50% | -$772K |
|
8320
Fidelity MSCI Health Care Index ETF
FHLC
$3.4B
| $650K | ﹤0.01% |
9,521
-7,611
| -44% | -$523K |
|
|
XMAY
8321
FT Vest U.S. Equity Enhance & Moderate Buffer ETF - May
XMAY
$19.3M
| $650K | ﹤0.01% |
20,567
-9,295
| -31% | -$296K |
|
8322
Conduent
CNDT
$236M
| $650K | ﹤0.01% |
240,861
-90,176
| -27% | -$330K |
|
8323
Acacia Research
ACTG
$448M
| $650K | ﹤0.01% |
203,176
+141,778
| +231% | +$580K |
|
8324
SmartFinancial
SMBK
$902M
| $650K | ﹤0.01% |
20,910
+11,439
| +121% | +$380K |
|
8325
PUT
Amplify Energy
AMPY
$198M
| $650K | ﹤0.01% |
173,700
+141,800
| +445% | +$707K |
|
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.