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 | |
|---|---|---|---|---|---|---|
9026
Vanguard Total World Bond ETF
BNDW
$1.89B
| $470K | ﹤0.01% |
+6,832
| New | +$467K |
|
9027
Argent Mid Cap ETF
AMID
$118M
| $470K | ﹤0.01% |
+14,917
| New | +$502K |
|
|
QCON
9028
DELISTED
American Century Quality Convertible Securities ETF
QCON
| $470K | ﹤0.01% |
10,522
-5,237
| -33% | -$240K |
|
9029
Perion Network
PERI
$385M
| $469K | ﹤0.01% |
57,673
-38,791
| -40% | -$339K |
|
9030
PUT
National Beverage
FIZZ
$2.93B
| $469K | ﹤0.01% |
11,300
-34,100
| -75% | -$1.4M |
|
9031
DHI Group
DHX
$171M
| $469K | ﹤0.01% |
337,668
+175,445
| +108% | +$398K |
|
9032
CALL
Dorchester Minerals
DMLP
$1.36B
| $469K | ﹤0.01% |
15,600
-26,700
| -63% | -$839K |
|
9033
PUT
Dorian LPG
LPG
$2.03B
| $469K | ﹤0.01% |
21,000
-12,700
| -38% | -$294K |
|
|
RC
9034
CALL
Ready Capital
RC
$306M
| $469K | ﹤0.01% |
92,100
+55,300
| +150% | +$341K |
|
9035
Endava
DAVA
$164M
| $469K | ﹤0.01% |
+24,028
| New | +$667K |
|
9036
PUT
Autoliv
ALV
$8.94B
| $469K | ﹤0.01% |
5,300
-25,000
| -83% | -$2.38M |
|
9037
iShares Fallen Angels USD Bond ETF
FALN
$1.61B
| $469K | ﹤0.01% |
+17,496
| New | +$471K |
|
9038
CALL
Associated Banc-Corp
ASB
$6.11B
| $469K | ﹤0.01% |
20,800
+900
| +5% | +$21.6K |
|
9039
CALL
TriMas Corp
TRS
$1.4B
| $469K | ﹤0.01% |
+20,000
| New | +$474K |
|
|
EZET
9040
Franklin Ethereum ETF
EZET
$37.7M
| $468K | ﹤0.01% |
33,749
+11,436
| +51% | +$229K |
|
|
DFTX
9041
PUT
Definium Therapeutics
DFTX
$5.73B
| $468K | ﹤0.01% |
80,000
-30,700
| -28% | -$220K |
|
9042
PUT
Talkspace
TALK
$871M
| $468K | ﹤0.01% |
182,800
+90,700
| +98% | +$283K |
|
9043
PUT
Helix Energy Solutions
HLX
$1.54B
| $468K | ﹤0.01% |
56,300
+2,200
| +4% | +$18.5K |
|
9044
CALL
CRA International
CRAI
$1.06B
| $468K | ﹤0.01% |
2,700
+300
| +13% | +$55.6K |
|
9045
PUT
Palladyne AI
PDYN
$326M
| $467K | ﹤0.01% |
+79,500
| New | +$646K |
|
|
OS
9046
PUT
DELISTED
OneStream Inc
OS
| $467K | ﹤0.01% |
21,900
+13,800
| +170% | +$354K |
|
9047
DoubleLine Opportunistic Bond ETF
DBND
$755M
| $467K | ﹤0.01% |
10,112
+5,112
| +102% | +$234K |
|
|
EBUF
9048
Innovator Emerging Markets 10 Buffer ETF - Quarterly
EBUF
$42.4M
| $467K | ﹤0.01% |
+17,607
| New | +$460K |
|
9049
Invesco Water Resources ETF
PHO
$2.05B
| $466K | ﹤0.01% |
+7,218
| New | +$480K |
|
|
AUGU
9050
AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF
AUGU
$41.6M
| $466K | ﹤0.01% |
18,407
+9,254
| +101% | +$243K |
|
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.