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 | |
|---|---|---|---|---|---|---|
8601
Alto Ingredients
ALTO
$324M
| $574K | ﹤0.01% |
503,625
-381,963
| -43% | -$591K |
|
8602
PUT
Huron Consulting
HURN
$2.42B
| $574K | ﹤0.01% |
4,000
-2,300
| -37% | -$309K |
|
8603
CALL
Federal Signal
FSS
$7.68B
| $574K | ﹤0.01% |
+7,800
| New | +$697K |
|
|
CGC
8604
PUT
Canopy Growth
CGC
$431M
| $574K | ﹤0.01% |
630,300
+57,700
| +10% | +$101K |
|
8605
CALL
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.48B
| $573K | ﹤0.01% |
4,600
-4,600
| -50% | -$615K |
|
8606
CALL
Global X Defense Tech ETF
SHLD
$7.82B
| $573K | ﹤0.01% |
+12,300
| New | +$521K |
|
8607
iShares MSCI Global Sustainable Development Goals ETF
SDG
$175M
| $572K | ﹤0.01% |
7,908
-14,710
| -65% | -$1.08M |
|
8608
PUT
Tecnoglass Holdings
TGLS
$1.86B
| $572K | ﹤0.01% |
8,000
-400
| -5% | -$29.7K |
|
8609
WisdomTree New Economy Real Estate Fund
WTRE
$16.2M
| $572K | ﹤0.01% |
33,027
+4,563
| +16% | +$79.8K |
|
|
BRT
8610
BRT Apartments
BRT
$270M
| $572K | ﹤0.01% |
33,650
-3,242
| -9% | -$57.2K |
|
8611
Cousins Properties
CUZ
$4.89B
| $572K | ﹤0.01% |
19,373
-12,613
| -39% | -$377K |
|
|
CTEV
8612
CALL
Claritev Corp
CTEV
$646M
| $571K | ﹤0.01% |
27,700
-6,100
| -18% | -$121K |
|
8613
PUT
iShares MSCI Italy ETF
EWI
$1.08B
| $571K | ﹤0.01% |
13,500
+1,600
| +13% | +$64.2K |
|
8614
Invesco S&P 500 BuyWrite ETF
PBP
$362M
| $571K | ﹤0.01% |
25,763
+15,058
| +141% | +$351K |
|
8615
CALL
Excelerate Energy
EE
$1.15B
| $571K | ﹤0.01% |
19,900
+8,500
| +75% | +$254K |
|
|
ETWO
8616
DELISTED
E2open Parent Holdings
ETWO
| $571K | ﹤0.01% |
285,342
+194,297
| +213% | +$482K |
|
8617
PUT
iHeartMedia
IHRT
$457M
| $569K | ﹤0.01% |
344,900
+6,100
| +2% | +$12.3K |
|
8618
PUT
Primerica
PRI
$9.65B
| $569K | ﹤0.01% |
2,000
+1,000
| +100% | +$285K |
|
8619
Limoneira
LMNR
$251M
| $569K | ﹤0.01% |
32,088
+17,763
| +124% | +$387K |
|
|
DHDG
8620
FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF
DHDG
$73.3M
| $568K | ﹤0.01% |
18,845
+10,825
| +135% | +$333K |
|
|
TUYA
8621
PUT
Tuya Inc
TUYA
$1.12B
| $568K | ﹤0.01% |
+187,500
| New | +$555K |
|
|
MCW
8622
CALL
DELISTED
Mister Car Wash
MCW
| $568K | ﹤0.01% |
72,000
-18,000
| -20% | -$139K |
|
8623
ProShares Short S&P500
SH
$841M
| $567K | ﹤0.01% |
12,733
-132,015
| -91% | -$5.62M |
|
8624
Tower Semiconductor
TSEM
$30B
| $567K | ﹤0.01% |
15,903
-247,909
| -94% | -$11.2M |
|
8625
CALL
Nicolet Bankshares
NIC
$3.75B
| $567K | ﹤0.01% |
5,200
+200
| +4% | +$22.5K |
|
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.