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 | |
|---|---|---|---|---|---|---|
8526
Innovator Premium Income 30 Barrier ETF January
JANJ
$14.3M
| $594K | ﹤0.01% |
24,280
-7,968
| -25% | -$197K |
|
8527
Peoples Financial Services
PFIS
$714M
| $594K | ﹤0.01% |
13,348
+6,881
| +106% | +$336K |
|
|
CLDT
8528
Chatham Lodging
CLDT
$605M
| $594K | ﹤0.01% |
83,246
-111,808
| -57% | -$926K |
|
8529
PUT
Hallador Energy
HNRG
$762M
| $593K | ﹤0.01% |
+48,300
| New | +$543K |
|
8530
Bar Harbor Bankshares
BHB
$681M
| $593K | ﹤0.01% |
20,103
+11,657
| +138% | +$364K |
|
|
GARP
8531
iShares MSCI USA Quality GARP ETF
GARP
$2.86B
| $593K | ﹤0.01% |
11,624
-21,292
| -65% | -$1.19M |
|
|
NAGE
8532
CALL
Niagen Bioscience
NAGE
$239M
| $593K | ﹤0.01% |
85,900
-22,900
| -21% | -$144K |
|
8533
iShares iBonds Dec 2029 Term Corporate ETF
IBDU
$4.07B
| $592K | ﹤0.01% |
+25,600
| New | +$587K |
|
8534
Repay Holdings
RPAY
$329M
| $592K | ﹤0.01% |
106,290
+58,212
| +121% | +$401K |
|
|
BKV
8535
BKV Corp
BKV
$2.93B
| $592K | ﹤0.01% |
28,172
+6,118
| +28% | +$138K |
|
8536
Fidelity MSCI Communication Services Index ETF
FCOM
$1.8B
| $592K | ﹤0.01% |
+10,515
| New | +$633K |
|
8537
Ivanhoe Electric
IE
$1.66B
| $591K | ﹤0.01% |
101,759
+51,921
| +104% | +$329K |
|
|
SEZL
8538
Sezzle
SEZL
$4.34B
| $591K | ﹤0.01% |
16,940
-1,162
| -6% | -$49.2K |
|
8539
Invesco Next Gen Connectivity ETF
KNCT
$165M
| $591K | ﹤0.01% |
5,880
-2,252
| -28% | -$239K |
|
8540
CALL
Camden National
CAC
$993M
| $591K | ﹤0.01% |
14,600
-13,900
| -49% | -$599K |
|
8541
Rexford Industrial Realty
REXR
$8.08B
| $591K | ﹤0.01% |
15,086
-6,006
| -28% | -$240K |
|
8542
First Trust Low Duration Strategic Focus ETF
LDSF
$163M
| $591K | ﹤0.01% |
31,297
+14,605
| +87% | +$275K |
|
8543
iShares MSCI Italy ETF
EWI
$1.08B
| $590K | ﹤0.01% |
13,952
-13,126
| -48% | -$527K |
|
8544
Lloyds Banking Group
LYG
$90.1B
| $590K | ﹤0.01% |
154,558
-125,589
| -45% | -$415K |
|
|
ETHW
8545
Bitwise Ethereum ETF
ETHW
$197M
| $590K | ﹤0.01% |
44,980
+25,340
| +129% | +$479K |
|
8546
ProShares S&P Global Core Battery Metals ETF
ION
$13M
| $590K | ﹤0.01% |
22,930
-6,113
| -21% | -$161K |
|
8547
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.4B
| $590K | ﹤0.01% |
52,670
-15,145
| -22% | -$172K |
|
8548
Ouster
OUST
$3.51B
| $589K | ﹤0.01% |
65,600
-12,194
| -16% | -$120K |
|
8549
PUT
Weatherford International
WFRD
$6.79B
| $589K | ﹤0.01% |
11,000
-2,500
| -19% | -$159K |
|
8550
Weave Communications
WEAV
$437M
| $589K | ﹤0.01% |
53,101
+8,411
| +19% | +$121K |
|
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.