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 | |
|---|---|---|---|---|---|---|
851
CALL
Global E Online
GLBE
$6.87B
| $68M | 0.01% |
1,907,700
+534,000
| +39% | +$26.2M |
|
852
PUT
First Citizens BancShares
FCNCA
$25.4B
| $67.9M | 0.01% |
36,600
+3,600
| +11% | +$7.33M |
|
853
CALL
Clorox
CLX
$13.1B
| $67.8M | 0.01% |
460,200
+2,100
| +0.5% | +$321K |
|
854
CALL
iShares MSCI India ETF
INDA
$6.6B
| $67.7M | 0.01% |
1,315,100
+998,900
| +316% | +$50.3M |
|
855
McDonald's
MCD
$194B
| $67.5M | 0.01% |
216,161
-200,215
| -48% | -$59.9M |
|
856
PUT
NRG Energy
NRG
$25.2B
| $67.5M | 0.01% |
707,200
+106,800
| +18% | +$10.8M |
|
857
PUT
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.62B
| $67.4M | 0.01% |
5,403,300
+1,975,500
| +58% | +$36.3M |
|
858
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.52B
| $67.3M | 0.01% |
1,176,600
+57,200
| +5% | +$2.88M |
|
859
Chevron
CVX
$386B
| $67.3M | 0.01% |
402,263
-1,054,443
| -72% | -$165M |
|
860
Caterpillar
CAT
$388B
| $67.3M | 0.01% |
204,014
-74,908
| -27% | -$26.7M |
|
861
CALL
iShares MSCI China ETF
MCHI
$6.27B
| $67.2M | 0.01% |
1,234,700
+444,100
| +56% | +$22.9M |
|
862
Johnson & Johnson
JNJ
$626B
| $67.1M | 0.01% |
404,546
-986,447
| -71% | -$154M |
|
863
CALL
NIO
NIO
$11.6B
| $67.1M | 0.01% |
17,603,100
+3,423,000
| +24% | +$15.1M |
|
864
CALL
CleanSpark
CLSK
$2.95B
| $66.8M | 0.01% |
9,945,100
+867,000
| +10% | +$8.21M |
|
865
CALL
iShares Russell 1000 Growth ETF
IWF
$127B
| $66.7M | 0.01% |
738,400
-375,200
| -34% | -$37M |
|
866
PUT
American Tower
AMT
$79B
| $66.6M | 0.01% |
306,200
+40,500
| +15% | +$7.94M |
|
867
PUT
e.l.f. Beauty
ELF
$5.61B
| $66.5M | 0.01% |
1,058,300
+235,100
| +29% | +$20.5M |
|
868
CALL
Simon Property Group
SPG
$71.2B
| $66.1M | 0.01% |
398,100
-3,600
| -0.9% | -$629K |
|
869
CALL
Johnson Controls International
JCI
$93.7B
| $66M | 0.01% |
823,900
+63,500
| +8% | +$5.22M |
|
870
PUT
Chewy
CHWY
$9.2B
| $66M | 0.01% |
2,029,400
+472,200
| +30% | +$16.9M |
|
|
SLNO
871
CALL
DELISTED
Soleno Therapeutics
SLNO
| $65.8M | 0.01% |
921,300
-207,600
| -18% | -$10.1M |
|
872
CALL
Welltower
WELL
$163B
| $65.6M | 0.01% |
428,100
+161,500
| +61% | +$23M |
|
873
PUT
CAVA Group
CAVA
$7.09B
| $65.3M | 0.01% |
756,100
-685,200
| -48% | -$74.3M |
|
874
CALL
Kenvue
KVUE
$36.6B
| $65.2M | 0.01% |
2,717,500
+832,900
| +44% | +$18.4M |
|
875
Chipotle Mexican Grill
CMG
$40.5B
| $65.1M | 0.01% |
1,296,785
-509,963
| -28% | -$27.7M |
|
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.