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 | |
|---|---|---|---|---|---|---|
9726
PUT
Cimpress
CMPR
$2.3B
| $348K | ﹤0.01% |
+7,700
| New | +$433K |
|
9727
Larimar Therapeutics
LRMR
$453M
| $348K | ﹤0.01% |
161,902
+94,323
| +140% | +$298K |
|
9728
PUT
RadNet
RDNT
$6.01B
| $348K | ﹤0.01% |
7,000
-7,700
| -52% | -$455K |
|
|
OTLY
9729
Oatly Group
OTLY
$441M
| $348K | ﹤0.01% |
35,401
-10,347
| -23% | -$112K |
|
|
BDN
9730
CALL
Brandywine Realty Trust
BDN
$532M
| $348K | ﹤0.01% |
78,000
-19,500
| -20% | -$96.5K |
|
|
ENFN
9731
PUT
DELISTED
Enfusion, Inc.
ENFN
| $348K | ﹤0.01% |
+31,200
| New | +$345K |
|
9732
PUT
Enova International
ENVA
$6.61B
| $348K | ﹤0.01% |
3,600
+600
| +20% | +$61.8K |
|
9733
AllianzIM US Equity 6 Month Floor5 Apr/Oct ETF
FLAO
$8.57M
| $347K | ﹤0.01% |
13,203
-7,272
| -36% | -$200K |
|
9734
OraSure Technologies
OSUR
$265M
| $347K | ﹤0.01% |
103,042
-122,054
| -54% | -$449K |
|
9735
PUT
RPM International
RPM
$14.5B
| $347K | ﹤0.01% |
3,000
-700
| -19% | -$85.1K |
|
|
TERN
9736
CALL
DELISTED
Terns Pharmaceuticals
TERN
| $347K | ﹤0.01% |
125,700
-124,200
| -50% | -$507K |
|
|
AUGM
9737
FT Vest U.S. Equity Max Buffer ETF - August
AUGM
$31.8M
| $347K | ﹤0.01% |
10,944
-18,259
| -63% | -$584K |
|
9738
Timothy Plan International ETF
TPIF
$267M
| $346K | ﹤0.01% |
12,035
-24,262
| -67% | -$679K |
|
9739
CALL
SLR Investment Corp
SLRC
$703M
| $346K | ﹤0.01% |
+20,500
| New | +$349K |
|
9740
Adicet Bio
ACET
$78.4M
| $346K | ﹤0.01% |
28,608
-1,247
| -4% | -$17.8K |
|
9741
First Trust S-Network Streaming and Gaming ETF
BNGE
$4.96M
| $345K | ﹤0.01% |
11,797
-9,445
| -44% | -$283K |
|
9742
PUT
Qiagen
QGEN
$8.87B
| $345K | ﹤0.01% |
8,600
-67,331
| -89% | -$2.83M |
|
9743
CALL
Novanta
NOVT
$6.3B
| $345K | ﹤0.01% |
+2,700
| New | +$388K |
|
9744
CALL
AMC Global Media
AMCX
$510M
| $345K | ﹤0.01% |
50,100
-25,000
| -33% | -$209K |
|
9745
Timberland Bancorp
TSBK
$358M
| $345K | ﹤0.01% |
+11,432
| New | +$344K |
|
|
PBPB
9746
DELISTED
Potbelly
PBPB
| $344K | ﹤0.01% |
36,202
-20,991
| -37% | -$232K |
|
|
AFJK
9747
Aimei Health Technology Co
AFJK
$38.6M
| $344K | ﹤0.01% |
31,268
+6,067
| +24% | +$65.7K |
|
9748
Alta Equipment Group
ALTG
$237M
| $344K | ﹤0.01% |
73,334
+54,346
| +286% | +$339K |
|
9749
FT Vest US Equity Enhance & Moderate Buffer ETF February
XFEB
$31.3M
| $344K | ﹤0.01% |
10,677
-8,840
| -45% | -$289K |
|
9750
The Joint Corp
JYNT
$120M
| $344K | ﹤0.01% |
27,516
+15,161
| +123% | +$171K |
|
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.