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 | |
|---|---|---|---|---|---|---|
8701
PUT
AerSale
ASLE
$280M
| $548K | ﹤0.01% |
73,100
-7,200
| -9% | -$51.5K |
|
|
LFAK
8702
DELISTED
LifeX 2052 Longevity Income ETF
LFAK
| $547K | ﹤0.01% |
3,924
-1,053
| -21% | -$147K |
|
8703
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $547K | ﹤0.01% |
10,704
-122,656
| -92% | -$6.23M |
|
8704
National CineMedia
NCMI
$269M
| $547K | ﹤0.01% |
93,638
-34,380
| -27% | -$220K |
|
8705
Enbridge
ENB
$111B
| $546K | ﹤0.01% |
12,331
-43,627
| -78% | -$1.9M |
|
|
GDEN
8706
CALL
DELISTED
Golden Entertainment
GDEN
| $546K | ﹤0.01% |
+20,700
| New | +$637K |
|
8707
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.92B
| $546K | ﹤0.01% |
6,502
-6,050
| -48% | -$549K |
|
8708
PUT
Lazard
LAZ
$4.35B
| $546K | ﹤0.01% |
12,600
-1,300
| -9% | -$64.6K |
|
8709
PUT
Coursera
COUR
$1.53B
| $545K | ﹤0.01% |
81,900
-56,700
| -41% | -$450K |
|
8710
PUT
Talos Energy
TALO
$2.63B
| $545K | ﹤0.01% |
56,100
-36,600
| -39% | -$347K |
|
8711
FT Vest International Equity Moderate Buffer ETF March
YMAR
$164M
| $545K | ﹤0.01% |
22,737
-5,862
| -20% | -$139K |
|
|
MARU
8712
AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF
MARU
$35.1M
| $545K | ﹤0.01% |
+22,640
| New | +$549K |
|
8713
SKYX Platforms
SKYX
$152M
| $545K | ﹤0.01% |
+478,024
| New | +$711K |
|
8714
Brixmor Property Group
BRX
$9.2B
| $545K | ﹤0.01% |
20,514
-9,015
| -31% | -$240K |
|
|
CTO
8715
PUT
CTO Realty Growth
CTO
$825M
| $545K | ﹤0.01% |
28,200
+4,700
| +20% | +$91.2K |
|
8716
CALL
Franklin Electric
FELE
$4.68B
| $545K | ﹤0.01% |
+5,800
| New | +$577K |
|
8717
PUT
iShares Core US Aggregate Bond ETF
AGG
$138B
| $544K | ﹤0.01% |
5,500
+3,100
| +129% | +$303K |
|
8718
PUT
Axogen
AXGN
$2.62B
| $544K | ﹤0.01% |
+29,400
| New | +$531K |
|
|
TE
8719
T1 Energy
TE
$1.51B
| $544K | ﹤0.01% |
431,502
-161,277
| -27% | -$298K |
|
8720
Dine Brands
DIN
$447M
| $543K | ﹤0.01% |
23,354
-13,647
| -37% | -$368K |
|
|
PLYA
8721
DELISTED
Playa Hotels & Resorts
PLYA
| $543K | ﹤0.01% |
40,753
-7,569
| -16% | -$98.2K |
|
8722
PUT
Magnolia Oil & Gas
MGY
$6.22B
| $543K | ﹤0.01% |
+21,500
| New | +$521K |
|
8723
PUT
MannKind Corp
MNKD
$1.24B
| $543K | ﹤0.01% |
107,900
-233,400
| -68% | -$1.31M |
|
8724
Build Bond Innovation ETF
BFIX
$13.8M
| $542K | ﹤0.01% |
21,696
-1,307
| -6% | -$32.5K |
|
8725
Arrow Financial
AROW
$727M
| $542K | ﹤0.01% |
20,624
+12,334
| +149% | +$330K |
|
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.