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 | |
|---|---|---|---|---|---|---|
9601
iPath Series B S&P 500 VIX Mid-Term Futures ETN
VXZ
$30.5M
| $369K | ﹤0.01% |
6,692
-19,408
| -74% | -$1.01M |
|
9602
Seanergy Maritime Holdings
SHIP
$363M
| $369K | ﹤0.01% |
57,636
+47,597
| +474% | +$333K |
|
|
GBXB
9603
DELISTED
Goldman Sachs U.S. Large Cap Buffer 2 ETF
GBXB
| $369K | ﹤0.01% |
+15,492
| New | +$380K |
|
9604
Full House Resorts
FLL
$81.7M
| $368K | ﹤0.01% |
88,115
+25,043
| +40% | +$118K |
|
9605
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$323M
| $368K | ﹤0.01% |
15,094
+3,034
| +25% | +$76.4K |
|
|
HYBX
9606
TCW High Yield Bond ETF
HYBX
$31.4M
| $368K | ﹤0.01% |
12,163
+4,807
| +65% | +$147K |
|
9607
ProShares Ultra Consumer Discretionary
UCC
$10.3M
| $368K | ﹤0.01% |
9,415
+3,165
| +51% | +$152K |
|
9608
Colony Bankcorp
CBAN
$473M
| $368K | ﹤0.01% |
22,779
+12,377
| +119% | +$203K |
|
9609
PUT
ProShares Ultra Russell2000
UWM
$251M
| $368K | ﹤0.01% |
11,000
-16,200
| -60% | -$649K |
|
9610
PUT
Intapp
INTA
$3.07B
| $368K | ﹤0.01% |
6,300
-3,500
| -36% | -$231K |
|
9611
Genie Energy
GNE
$383M
| $367K | ﹤0.01% |
+24,402
| New | +$356K |
|
9612
Lightwave Logic
LWLG
$1.17B
| $367K | ﹤0.01% |
358,024
-139,215
| -28% | -$217K |
|
9613
Viemed Healthcare
VMD
$350M
| $367K | ﹤0.01% |
50,385
+23,547
| +88% | +$185K |
|
9614
CALL
DT Midstream
DTM
$14B
| $367K | ﹤0.01% |
3,800
-13,600
| -78% | -$1.36M |
|
9615
Quanterix
QTRX
$122M
| $366K | ﹤0.01% |
56,267
-11,074
| -16% | -$92.4K |
|
|
PAXS
9616
PIMCO Access Income Fund
PAXS
$671M
| $366K | ﹤0.01% |
+22,804
| New | +$364K |
|
9617
Algoma Steel
ASTL
$452M
| $366K | ﹤0.01% |
67,492
-63,100
| -48% | -$474K |
|
9618
Bridgewater Bancshares
BWB
$620M
| $365K | ﹤0.01% |
26,311
+13,585
| +107% | +$189K |
|
9619
Innovator US Equity Accelerated 9 Buffer ETF July
XBJL
$75.7M
| $365K | ﹤0.01% |
10,798
-30,140
| -74% | -$1.04M |
|
|
DMAX
9620
iShares Large Cap Max Buffer Dec ETF
DMAX
$139M
| $365K | ﹤0.01% |
+14,643
| New | +$368K |
|
9621
PUT
BlackRock TCP Capital
TCPC
$342M
| $365K | ﹤0.01% |
45,600
+34,500
| +311% | +$299K |
|
9622
MediciNova
MNOV
$64.5M
| $365K | ﹤0.01% |
250,115
-1,265
| -0.5% | -$2.24K |
|
9623
Federated Hermes US Strategic Dividend ETF
FDV
$907M
| $365K | ﹤0.01% |
12,966
+4,599
| +55% | +$128K |
|
9624
PUT
Pathward Financial
CASH
$1.8B
| $365K | ﹤0.01% |
+5,000
| New | +$381K |
|
|
PAL
9625
Proficient Auto Logistics
PAL
$154M
| $365K | ﹤0.01% |
+43,556
| New | +$431K |
|
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.