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 | |
|---|---|---|---|---|---|---|
8476
CALL
Nurix Therapeutics
NRIX
$2.81B
| $607K | ﹤0.01% |
51,100
-236,900
| -82% | -$3.96M |
|
8477
Columbia Financial
CLBK
$1.23B
| $606K | ﹤0.01% |
40,432
+26,517
| +191% | +$411K |
|
8478
Thryv Holdings
THRY
$96M
| $606K | ﹤0.01% |
47,336
-5,386
| -10% | -$89.3K |
|
|
VRN
8479
CALL
DELISTED
Veren
VRN
| $606K | ﹤0.01% |
91,500
+44,800
| +96% | +$248K |
|
8480
Comfort Systems
FIX
$62.4B
| $606K | ﹤0.01% |
1,879
-20,274
| -92% | -$8.18M |
|
8481
CALL
Invesco High Yield Equity Dividend Achievers ETF
PEY
$1.18B
| $605K | ﹤0.01% |
28,200
+5,700
| +25% | +$123K |
|
8482
CALL
Weatherford International
WFRD
$6.79B
| $605K | ﹤0.01% |
11,300
-6,200
| -35% | -$393K |
|
8483
CALL
TORM
TRMD
$3.08B
| $605K | ﹤0.01% |
36,700
-112,100
| -75% | -$2.17M |
|
8484
Invesco Aerospace & Defense ETF
PPA
$8.77B
| $605K | ﹤0.01% |
5,189
-11,263
| -68% | -$1.32M |
|
8485
Brookfield
BN
$107B
| $605K | ﹤0.01% |
17,306
+5,211
| +43% | +$197K |
|
8486
Fortuna Silver Mines
FSM
$3.16B
| $605K | ﹤0.01% |
99,106
-440,046
| -82% | -$2.19M |
|
8487
PUT
Sprinklr
CXM
$1.61B
| $605K | ﹤0.01% |
72,400
-781,200
| -92% | -$6.84M |
|
|
AGS
8488
DELISTED
PlayAGS
AGS
| $604K | ﹤0.01% |
49,903
+30,923
| +163% | +$371K |
|
8489
Rush Enterprises Class B
RUSHB
$9.37B
| $604K | ﹤0.01% |
10,680
+6,675
| +167% | +$372K |
|
8490
Goldman Sachs Small Cap Equity ETF
GSC
$303M
| $603K | ﹤0.01% |
+12,944
| New | +$653K |
|
|
MDCP
8491
DELISTED
Victory Portfolios II VictoryShares THB Mid Cap ETF
MDCP
| $603K | ﹤0.01% |
21,979
+12,937
| +143% | +$361K |
|
8492
CALL
BellRing Brands
BRBR
$1.25B
| $603K | ﹤0.01% |
8,100
-13,700
| -63% | -$1.01M |
|
8493
SolarEdge
SEDG
$1.99B
| $603K | ﹤0.01% |
37,275
-63,934
| -63% | -$994K |
|
|
MGIC
8494
PUT
DELISTED
Magic Software Enterprises
MGIC
| $603K | ﹤0.01% |
46,400
+28,500
| +159% | +$364K |
|
|
KALV
8495
DELISTED
KalVista Pharmaceuticals
KALV
| $602K | ﹤0.01% |
52,168
+22,990
| +79% | +$235K |
|
8496
Schwab Crypto Thematic Natural Language Processing ETF
STCE
$216M
| $602K | ﹤0.01% |
+18,401
| New | +$802K |
|
8497
PUT
SandRidge Energy
SD
$520M
| $602K | ﹤0.01% |
52,700
+7,800
| +17% | +$92.5K |
|
8498
Cullinan Oncology
CGEM
$1.31B
| $601K | ﹤0.01% |
79,438
+43,702
| +122% | +$419K |
|
8499
Midland States Bancorp
MSBI
$693M
| $601K | ﹤0.01% |
35,116
+21,329
| +155% | +$428K |
|
8500
CALL
Capital Bancorp
CBNK
$613M
| $601K | ﹤0.01% |
21,200
+800
| +4% | +$23.7K |
|
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.