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 | |
|---|---|---|---|---|---|---|
|
MADE
8926
iShares U.S. Manufacturing ETF
MADE
$64.5M
| $495K | ﹤0.01% |
+21,321
| New | +$525K |
|
8927
CALL
Ferrovial N.V. Ordinary Shares
FER
$46.2B
| $494K | ﹤0.01% |
+11,106
| New | +$479K |
|
8928
Invesco DB Oil Fund
DBO
$391M
| $494K | ﹤0.01% |
34,470
-45,527
| -57% | -$654K |
|
8929
American Battery Technology Co
ABAT
$340M
| $494K | ﹤0.01% |
+479,406
| New | +$650K |
|
8930
PUT
Arbutus Biopharma
ABUS
$924M
| $493K | ﹤0.01% |
141,400
+29,400
| +26% | +$98K |
|
8931
CALL
First Trust Water ETF
FIW
$1.92B
| $493K | ﹤0.01% |
4,900
+400
| +9% | +$41.3K |
|
|
NOVA
8932
DELISTED
Sunnova Energy
NOVA
| $493K | ﹤0.01% |
1,326,309
+325,073
| +32% | +$626K |
|
8933
PUT
Dorchester Minerals
DMLP
$1.36B
| $493K | ﹤0.01% |
+16,400
| New | +$516K |
|
|
ANSC
8934
Agriculture & Natural Solutions Acquisition Corp
ANSC
| $493K | ﹤0.01% |
46,215
+14,986
| +48% | +$158K |
|
|
ACH
8935
PUT
Accendra Health
ACH
$73.1M
| $493K | ﹤0.01% |
+54,600
| New | +$576K |
|
|
IMAY
8936
Innovator International Developed Power Buffer ETF - May
IMAY
$56.3M
| $493K | ﹤0.01% |
+18,792
| New | +$489K |
|
8937
Innovator Growth Accelerated ETF Quarterly
XDQQ
$62.3M
| $493K | ﹤0.01% |
15,471
-19,150
| -55% | -$663K |
|
8938
PUT
Atomera
ATOM
$219M
| $492K | ﹤0.01% |
123,100
+76,700
| +165% | +$597K |
|
8939
CALL
Digimarc Corp
DMRC
$169M
| $492K | ﹤0.01% |
38,400
+16,000
| +71% | +$458K |
|
|
TXNM
8940
PUT
TXNM Energy Inc
TXNM
$5.91B
| $492K | ﹤0.01% |
+9,200
| New | +$462K |
|
8941
Rackspace Technology
RXT
$1.07B
| $492K | ﹤0.01% |
291,076
+253,536
| +675% | +$604K |
|
8942
PUT
EyePoint Inc
EYPT
$1.27B
| $492K | ﹤0.01% |
90,700
-17,500
| -16% | -$122K |
|
8943
Innovator US Equity 5 to 15 Buffer ETF Quarterly
EALT
$172M
| $491K | ﹤0.01% |
15,983
-63,866
| -80% | -$2.06M |
|
8944
PUT
Qualys
QLYS
$6.44B
| $491K | ﹤0.01% |
3,900
-7,000
| -64% | -$947K |
|
8945
Third Coast Bancshares
TCBX
$768M
| $490K | ﹤0.01% |
14,695
+8,214
| +127% | +$285K |
|
8946
Corsair Gaming
CRSR
$1.41B
| $490K | ﹤0.01% |
55,333
-34,687
| -39% | -$342K |
|
8947
PUT
Riskified
RSKD
$875M
| $489K | ﹤0.01% |
+105,900
| New | +$534K |
|
8948
PUT
Citizens
CIA
$201M
| $489K | ﹤0.01% |
107,500
-203,100
| -65% | -$979K |
|
8949
CALL
Veritone
VERI
$116M
| $489K | ﹤0.01% |
209,900
+111,000
| +112% | +$322K |
|
8950
CALL
Oceaneering
OII
$5.2B
| $489K | ﹤0.01% |
22,400
+1,600
| +8% | +$38K |
|
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.