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 | |
|---|---|---|---|---|---|---|
9301
indie Semiconductor
INDI
$995M
| $419K | ﹤0.01% |
206,074
+38,697
| +23% | +$135K |
|
9302
Regional Management Corp
RM
$309M
| $419K | ﹤0.01% |
13,927
+5,509
| +65% | +$184K |
|
9303
Ferrari
RACE
$72.9B
| $419K | ﹤0.01% |
980
+25
| +3% | +$11.2K |
|
9304
Aaon
AAON
$7.24B
| $419K | ﹤0.01% |
5,365
+2,400
| +81% | +$248K |
|
9305
Rapid Micro Biosystems
RPID
$84.3M
| $419K | ﹤0.01% |
+158,542
| New | +$362K |
|
|
WMPN
9306
DELISTED
William Penn Bancorporation Common Stock
WMPN
| $418K | ﹤0.01% |
38,323
-228
| -0.6% | -$2.7K |
|
|
PSTL
9307
Postal Realty Trust
PSTL
$696M
| $418K | ﹤0.01% |
29,296
+19,201
| +190% | +$258K |
|
9308
CALL
State Street SPDR Portfolio Europe ETF
SPEU
$743M
| $418K | ﹤0.01% |
+9,500
| New | +$411K |
|
9309
PUT
Compass Minerals
CMP
$1.11B
| $418K | ﹤0.01% |
45,000
-470,100
| -91% | -$5.37M |
|
|
HDSN
9310
Hudson Technologies
HDSN
$239M
| $417K | ﹤0.01% |
67,610
+39,137
| +137% | +$230K |
|
9311
PUT
MarineMax
HZO
$1.15B
| $417K | ﹤0.01% |
19,400
-100
| -0.5% | -$2.67K |
|
9312
NewtekOne
NEWT
$376M
| $417K | ﹤0.01% |
34,831
+19,625
| +129% | +$248K |
|
9313
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$252M
| $416K | ﹤0.01% |
15,500
-43,600
| -74% | -$1.23M |
|
9314
CALL
Pediatrix Medical
MD
$2.16B
| $416K | ﹤0.01% |
28,700
+5,100
| +22% | +$72.4K |
|
|
GIFI
9315
DELISTED
Gulf Island Fabrication
GIFI
| $416K | ﹤0.01% |
64,347
+8,771
| +16% | +$59.3K |
|
|
SARO
9316
CALL
StandardAero Inc
SARO
$9.23B
| $416K | ﹤0.01% |
+15,600
| New | +$416K |
|
9317
BlackRock Floating Rate Loan ETF
BRLN
$53.5M
| $415K | ﹤0.01% |
+8,008
| New | +$418K |
|
9318
PUT
State Street Blackstone Senior Loan ETF
SRLN
$5.37B
| $415K | ﹤0.01% |
10,100
-27,000
| -73% | -$1.12M |
|
9319
Barings BDC
BBDC
$975M
| $415K | ﹤0.01% |
43,508
+9,162
| +27% | +$90.4K |
|
9320
CALL
Vericel Corp
VCEL
$2.26B
| $415K | ﹤0.01% |
9,300
-19,100
| -67% | -$1.03M |
|
9321
CALL
Fortis
FTS
$29B
| $415K | ﹤0.01% |
9,100
+3,200
| +54% | +$139K |
|
9322
MasterCraft Boat Holdings
MCFT
$605M
| $415K | ﹤0.01% |
24,076
+6,537
| +37% | +$119K |
|
9323
Savara
SVRA
$1.11B
| $414K | ﹤0.01% |
149,629
+83,190
| +125% | +$230K |
|
9324
Loar Holdings
LOAR
$7.25B
| $414K | ﹤0.01% |
+5,857
| New | +$423K |
|
9325
PUT
Thryv Holdings
THRY
$96M
| $414K | ﹤0.01% |
+32,300
| New | +$535K |
|
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.