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 | |
|---|---|---|---|---|---|---|
8651
CALL
Direxion Daily GOOGL Bull 2X ETF
GGLL
$954M
| $559K | ﹤0.01% |
+19,500
| New | +$802K |
|
8652
CALL
Tenaris
TS
$27B
| $559K | ﹤0.01% |
14,300
-34,000
| -70% | -$1.31M |
|
8653
Alerus Financial
ALRS
$838M
| $559K | ﹤0.01% |
30,287
+17,879
| +144% | +$355K |
|
8654
PUT
Grupo Cibest SA
CIB
$22.8B
| $559K | ﹤0.01% |
+13,900
| New | +$546K |
|
8655
PUT
EnerSys
ENS
$7.34B
| $559K | ﹤0.01% |
+6,100
| New | +$595K |
|
8656
BNY Mellon High Yield Beta ETF
BKHY
$161M
| $558K | ﹤0.01% |
+11,724
| New | +$563K |
|
8657
Anixa Biosciences
ANIX
$108M
| $558K | ﹤0.01% |
195,171
-86,522
| -31% | -$247K |
|
8658
CALL
OneSpan
OSPN
$602M
| $558K | ﹤0.01% |
36,600
+23,400
| +177% | +$417K |
|
8659
CALL
Willdan Group
WLDN
$1.32B
| $558K | ﹤0.01% |
13,700
-7,300
| -35% | -$270K |
|
8660
OR Royalties Inc
OR
$6.25B
| $558K | ﹤0.01% |
26,405
-2,723
| -9% | -$52.3K |
|
8661
CALL
Cellebrite
CLBT
$2.79B
| $558K | ﹤0.01% |
28,700
-57,000
| -67% | -$1.2M |
|
|
EFSI
8662
Eagle Financial Services Inc
EFSI
$236M
| $557K | ﹤0.01% |
+16,997
| New | +$557K |
|
8663
Rigel Pharmaceuticals
RIGL
$795M
| $557K | ﹤0.01% |
30,953
-9,624
| -24% | -$195K |
|
|
NFXL
8664
Direxion Daily NFLX Bull 2X ETF
NFXL
$160M
| $556K | ﹤0.01% |
14,673
-3,182
| -18% | -$131K |
|
8665
PUT
Phunware
PHUN
$42.8M
| $556K | ﹤0.01% |
188,400
+45,700
| +32% | +$175K |
|
8666
CALL
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.92B
| $555K | ﹤0.01% |
3,200
+800
| +33% | +$154K |
|
|
EQLS
8667
DELISTED
Simplify Market Neutral Equity Long/Short ETF
EQLS
| $555K | ﹤0.01% |
26,255
-5,937
| -18% | -$127K |
|
8668
CALL
Galectin Therapeutics
GALT
$347M
| $555K | ﹤0.01% |
455,000
-887,800
| -66% | -$1.25M |
|
8669
PUT
SEALSQ Corp
LAES
$671M
| $555K | ﹤0.01% |
+213,500
| New | +$798K |
|
8670
Forestar Group
FOR
$1.5B
| $555K | ﹤0.01% |
26,243
+17,436
| +198% | +$406K |
|
8671
Sprott Junior Uranium Miners ETF
URNJ
$360M
| $555K | ﹤0.01% |
38,626
-27,847
| -42% | -$493K |
|
8672
AbCellera Biologics
ABCL
$3.49B
| $554K | ﹤0.01% |
248,645
-168,751
| -40% | -$484K |
|
8673
Lindblad Expeditions
LIND
$2.2B
| $554K | ﹤0.01% |
59,725
+43,937
| +278% | +$501K |
|
|
HTT
8674
CALL
High Templar Tech Ltd
HTT
$393M
| $554K | ﹤0.01% |
205,800
+121,200
| +143% | +$343K |
|
8675
PUT
Crown Holdings
CCK
$12.9B
| $553K | ﹤0.01% |
6,200
-22,000
| -78% | -$1.92M |
|
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.