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 | |
|---|---|---|---|---|---|---|
9701
CALL
World Kinect Corp
WKC
$1.85B
| $352K | ﹤0.01% |
12,400
-22,300
| -64% | -$632K |
|
9702
PUT
Ameresco
AMRC
$1.48B
| $352K | ﹤0.01% |
29,100
+15,600
| +116% | +$283K |
|
9703
PUT
Methanex
MEOH
$4.34B
| $351K | ﹤0.01% |
10,000
-15,200
| -60% | -$683K |
|
9704
CALL
Belden
BDC
$5.31B
| $351K | ﹤0.01% |
3,500
-600
| -15% | -$66.5K |
|
9705
Flowserve
FLS
$10.3B
| $351K | ﹤0.01% |
7,179
-19,792
| -73% | -$1.12M |
|
9706
CALL
Bruker
BRKR
$8.79B
| $351K | ﹤0.01% |
8,400
-255,600
| -97% | -$13.3M |
|
9707
Quadratic Deflation ETF
BNDD
$20.6M
| $350K | ﹤0.01% |
3,275
-2,541
| -44% | -$274K |
|
|
OBE
9708
PUT
Obsidian Energy
OBE
$712M
| $350K | ﹤0.01% |
59,800
+37,000
| +162% | +$204K |
|
9709
PUT
ODDITY Tech
ODD
$605M
| $350K | ﹤0.01% |
8,100
-13,400
| -62% | -$596K |
|
9710
CALL
CryoPort
CYRX
$772M
| $350K | ﹤0.01% |
57,600
-9,200
| -14% | -$63.6K |
|
9711
CALL
Smart Sand
SND
$216M
| $350K | ﹤0.01% |
135,200
+88,600
| +190% | +$208K |
|
9712
Millicom
TIGO
$15.7B
| $350K | ﹤0.01% |
+11,558
| New | +$318K |
|
|
CSW
9713
PUT
CSW Industrials
CSW
$5.62B
| $350K | ﹤0.01% |
1,200
-100
| -8% | -$32.5K |
|
9714
CALL
NET Power
NPWR
$173M
| $350K | ﹤0.01% |
133,000
-68,500
| -34% | -$484K |
|
9715
Sigma Lithium
SGML
$1.34B
| $350K | ﹤0.01% |
33,628
-37,426
| -53% | -$430K |
|
|
BRSP
9716
PUT
BrightSpire Capital
BRSP
$633M
| $350K | ﹤0.01% |
62,900
+47,500
| +308% | +$277K |
|
9717
PUT
Arcturus Therapeutics
ARCT
$234M
| $349K | ﹤0.01% |
33,000
-19,900
| -38% | -$316K |
|
9718
CALL
SEI Investments
SEIC
$12.8B
| $349K | ﹤0.01% |
4,500
+1,900
| +73% | +$153K |
|
9719
PUT
Dana Inc
DAN
$3.26B
| $349K | ﹤0.01% |
26,200
-100
| -0.4% | -$1.44K |
|
9720
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$638M
| $349K | ﹤0.01% |
+16,558
| New | +$355K |
|
|
BSJP
9721
DELISTED
Invesco BulletShares 2025 High Yield Corporate Bond ETF
BSJP
| $349K | ﹤0.01% |
+15,143
| New | +$350K |
|
9722
Cerus
CERS
$601M
| $349K | ﹤0.01% |
250,987
+38,248
| +18% | +$64K |
|
9723
PUT
Sylvamo
SLVM
$1.53B
| $349K | ﹤0.01% |
5,200
-2,900
| -36% | -$211K |
|
9724
Greif Class B
GEF.B
$4.2B
| $349K | ﹤0.01% |
+5,882
| New | +$364K |
|
9725
NN Inc
NNBR
$322M
| $348K | ﹤0.01% |
154,175
+64,307
| +72% | +$185K |
|
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.