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 | |
|---|---|---|---|---|---|---|
926
Sherwin-Williams
SHW
$88.5B
| $59.8M | 0.01% |
171,316
-9,989
| -6% | -$3.51M |
|
927
CALL
L3Harris
LHX
$53.3B
| $59.7M | 0.01% |
285,400
+68,000
| +31% | +$14.3M |
|
928
PUT
KE Holdings
BEKE
$18.7B
| $59.7M | 0.01% |
2,971,300
+1,692,800
| +132% | +$33.5M |
|
929
CALL
Prologis
PLD
$133B
| $59.7M | 0.01% |
533,800
+176,600
| +49% | +$20.4M |
|
930
State Street SPDR S&P Regional Banking ETF
KRE
$4.61B
| $59.6M | 0.01% |
1,047,817
-40,929
| -4% | -$2.49M |
|
931
CALL
ProShares Ultra Silver
AGQ
$1.43B
| $59.4M | 0.01% |
1,287,300
+1,002,100
| +351% | +$41.1M |
|
932
CALL
PG&E
PCG
$38.1B
| $59.4M | 0.01% |
3,455,000
+1,634,900
| +90% | +$27.1M |
|
933
PUT
Alnylam Pharmaceuticals
ALNY
$29.6B
| $59.1M | 0.01% |
219,000
+55,700
| +34% | +$14.3M |
|
934
CALL
Petrobras
PBR
$116B
| $59.1M | 0.01% |
4,120,200
+434,100
| +12% | +$5.98M |
|
935
PUT
AST SpaceMobile
ASTS
$21.4B
| $59M | 0.01% |
2,595,000
+793,800
| +44% | +$20.3M |
|
936
PUT
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.3B
| $59M | 0.01% |
1,682,500
-92,100
| -5% | -$3.53M |
|
937
CALL
Diamondback Energy
FANG
$56.5B
| $58.8M | 0.01% |
368,000
-331,000
| -47% | -$53.4M |
|
|
BNY
938
CALL
Bank of New York Mellon
BNY
$109B
| $58.8M | 0.01% |
700,800
-346,600
| -33% | -$29.1M |
|
939
PUT
Direxion Daily FTSE China Bull 3X ETF
YINN
$697M
| $58.8M | 0.01% |
1,416,900
-199,300
| -12% | -$7.42M |
|
940
CALL
2x Long VIX Futures ETF
UVIX
$214M
| $58.6M | 0.01% |
78,650
+71,566
| +1,010% | +$46.9M |
|
941
Capital One
COF
$134B
| $58.4M | 0.01% |
325,526
-145,379
| -31% | -$27.5M |
|
942
CALL
Intercontinental Exchange
ICE
$84.9B
| $58.3M | 0.01% |
337,900
-189,400
| -36% | -$31M |
|
943
CALL
Expedia Group
EXPE
$38.5B
| $58.3M | 0.01% |
346,600
-67,200
| -16% | -$12.2M |
|
944
CALL
Coupang
CPNG
$29.7B
| $58M | 0.01% |
2,644,400
-439,500
| -14% | -$10.2M |
|
945
PUT
iShares US Home Construction ETF
ITB
$2.4B
| $58M | 0.01% |
609,000
-1,309,200
| -68% | -$133M |
|
946
CALL
CoStar Group
CSGP
$12.6B
| $57.8M | 0.01% |
729,400
+496,600
| +213% | +$37.8M |
|
947
PUT
Las Vegas Sands
LVS
$29.6B
| $57.7M | 0.01% |
1,494,800
-448,000
| -23% | -$19.8M |
|
948
Charter Communications
CHTR
$18.8B
| $57.6M | 0.01% |
156,359
+41,834
| +37% | +$15M |
|
949
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.21B
| $57.5M | 0.01% |
409,800
+57,800
| +16% | +$9.65M |
|
950
Blackrock
BLK
$178B
| $57.1M | 0.01% |
60,305
-29,799
| -33% | -$29.2M |
|
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.