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 | |
|---|---|---|---|---|---|---|
|
ITIC
9051
Investors Title Co
ITIC
$543M
| $466K | ﹤0.01% |
1,931
+388
| +25% | +$89.9K |
|
9052
PUT
Grupo Aeroportuario del Sureste
ASR
$7.94B
| $465K | ﹤0.01% |
+1,700
| New | +$465K |
|
|
BFS
9053
Saul Centers
BFS
$860M
| $465K | ﹤0.01% |
+12,903
| New | +$473K |
|
|
ESGR
9054
PUT
DELISTED
Enstar Group
ESGR
| $465K | ﹤0.01% |
1,400
-700
| -33% | -$231K |
|
|
CGC
9055
CALL
Canopy Growth
CGC
$431M
| $465K | ﹤0.01% |
511,100
-2,872,800
| -85% | -$5.05M |
|
9056
iShares LifePath Target Date 2060 ETF
ITDH
$40.9M
| $465K | ﹤0.01% |
+14,982
| New | +$479K |
|
|
IRBT
9057
DELISTED
iRobot
IRBT
| $465K | ﹤0.01% |
172,164
-100,096
| -37% | -$723K |
|
|
BCPC
9058
CALL
Balchem Corp
BCPC
$5.69B
| $465K | ﹤0.01% |
2,800
-67,700
| -96% | -$11.1M |
|
9059
CALL
Vanguard FTSE Pacific ETF
VPL
$8.64B
| $464K | ﹤0.01% |
6,400
+1,100
| +21% | +$80.6K |
|
9060
CALL
Mama's Creations
MAMA
$802M
| $464K | ﹤0.01% |
71,200
-39,900
| -36% | -$275K |
|
9061
Roundhill Video Games ETF
NERD
$16.1M
| $463K | ﹤0.01% |
22,605
+2,993
| +15% | +$63.4K |
|
|
OOTO
9062
DELISTED
Direxion Daily Travel & Vacation Bull 2X Shares
OOTO
| $463K | ﹤0.01% |
32,925
-29,243
| -47% | -$526K |
|
|
KDK
9063
Kodiak AI
KDK
$835M
| $463K | ﹤0.01% |
41,530
-20,705
| -33% | -$229K |
|
|
FLNA
9064
PUT
Filana Therapeutics
FLNA
$44.1M
| $463K | ﹤0.01% |
308,500
-2,189,800
| -88% | -$5.53M |
|
9065
CALL
Maravai LifeSciences
MRVI
$849M
| $462K | ﹤0.01% |
209,200
+48,500
| +30% | +$192K |
|
9066
Pagaya Technologies
PGY
$1.8B
| $462K | ﹤0.01% |
44,099
+17,058
| +63% | +$189K |
|
9067
Innovator International Developed Power Buffer ETF January
IJAN
$263M
| $462K | ﹤0.01% |
14,446
+4,393
| +44% | +$139K |
|
9068
CALL
Kontoor Brands
KTB
$4.64B
| $462K | ﹤0.01% |
7,200
-13,200
| -65% | -$1.02M |
|
9069
CALL
Telesat
TSAT
$771M
| $461K | ﹤0.01% |
24,500
+5,200
| +27% | +$99.3K |
|
9070
PUT
Wintrust Financial
WTFC
$11B
| $461K | ﹤0.01% |
+4,100
| New | +$507K |
|
9071
PUT
Fortive
FTV
$18.6B
| $461K | ﹤0.01% |
+8,360
| New | +$491K |
|
9072
Donegal Group Class A
DGICA
$696M
| $461K | ﹤0.01% |
23,478
+374
| +2% | +$6.08K |
|
9073
Digimarc Corp
DMRC
$169M
| $461K | ﹤0.01% |
35,944
-26,982
| -43% | -$772K |
|
9074
TC Energy
TRP
$66.7B
| $461K | ﹤0.01% |
9,756
-13,183
| -57% | -$615K |
|
9075
AMES National
ATLO
$280M
| $460K | ﹤0.01% |
26,284
-4,838
| -16% | -$86.5K |
|
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.