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 | |
|---|---|---|---|---|---|---|
8351
PUT
Imperial Petroleum
IMPP
$217M
| $643K | ﹤0.01% |
262,400
+59,200
| +29% | +$164K |
|
8352
PUT
RLI Corp
RLI
$5.85B
| $643K | ﹤0.01% |
8,000
+2,800
| +54% | +$213K |
|
8353
PUT
Ziff Davis
ZD
$1.9B
| $643K | ﹤0.01% |
17,100
+3,200
| +23% | +$153K |
|
|
TMHC
8354
PUT
DELISTED
Taylor Morrison
TMHC
| $642K | ﹤0.01% |
+10,700
| New | +$666K |
|
8355
CALL
Aldeyra Therapeutics
ALDX
$94.1M
| $642K | ﹤0.01% |
111,600
+57,500
| +106% | +$340K |
|
8356
Subversive Congressional Democrats Trading ETF
NANC
$292M
| $641K | ﹤0.01% |
17,826
-15,622
| -47% | -$605K |
|
|
REFI
8357
Chicago Atlantic Real Estate Finance
REFI
$260M
| $641K | ﹤0.01% |
43,625
+31,884
| +272% | +$497K |
|
8358
Mitek Systems
MITK
$877M
| $640K | ﹤0.01% |
77,632
-6,934
| -8% | -$67.4K |
|
8359
abrdn Physical Gold Shares ETF
SGOL
$7.47B
| $640K | ﹤0.01% |
21,474
-99,084
| -82% | -$2.71M |
|
8360
Xponential Fitness
XPOF
$206M
| $640K | ﹤0.01% |
76,852
-29,513
| -28% | -$412K |
|
8361
Manitowoc
MTW
$746M
| $640K | ﹤0.01% |
74,524
+26,872
| +56% | +$262K |
|
8362
Direxion Daily MSFT Bull 2X ETF
MSFU
$770M
| $640K | ﹤0.01% |
21,454
-2,873
| -12% | -$104K |
|
8363
PUT
Hess Midstream
HESM
$5.2B
| $639K | ﹤0.01% |
15,100
+2,400
| +19% | +$97.9K |
|
8364
CALL
Intellia Therapeutics
NTLA
$1.67B
| $638K | ﹤0.01% |
89,800
+16,400
| +22% | +$166K |
|
8365
Ennis
EBF
$559M
| $638K | ﹤0.01% |
31,775
+19,323
| +155% | +$401K |
|
8366
Fidelity Cloud Computing ETF
FCLD
$129M
| $638K | ﹤0.01% |
26,842
+3,239
| +14% | +$89.1K |
|
|
GMOV
8367
GMO US Value ETF
GMOV
$104M
| $638K | ﹤0.01% |
25,995
+7,247
| +39% | +$181K |
|
8368
PUT
Freshworks
FRSH
$3.5B
| $638K | ﹤0.01% |
45,200
+24,700
| +120% | +$414K |
|
8369
CALL
NiSource
NI
$20.4B
| $637K | ﹤0.01% |
15,900
-9,000
| -36% | -$347K |
|
|
ACRE
8370
Ares Commercial Real Estate
ACRE
$262M
| $637K | ﹤0.01% |
137,620
+38,192
| +38% | +$202K |
|
8371
CALL
China Yuchai International
CYD
$1.7B
| $637K | ﹤0.01% |
+37,500
| New | +$575K |
|
8372
Calvert US Large-Cap Core Responsible Index ETF
CVLC
$977M
| $636K | ﹤0.01% |
+9,229
| New | +$676K |
|
8373
Innovator US Small Cap Power Buffer ETF October
KOCT
$131M
| $636K | ﹤0.01% |
+21,736
| New | +$661K |
|
|
LUX
8374
DELISTED
Tema Luxury ETF
LUX
| $636K | ﹤0.01% |
30,207
-2,583
| -8% | -$59.2K |
|
8375
PUT
Global Net Lease
GNL
$2.03B
| $635K | ﹤0.01% |
79,000
-41,500
| -34% | -$312K |
|
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.