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 | |
|---|---|---|---|---|---|---|
9901
CALL
Axogen
AXGN
$2.62B
| $324K | ﹤0.01% |
17,500
-30,600
| -64% | -$552K |
|
9902
Rimini Street
RMNI
$466M
| $323K | ﹤0.01% |
92,944
-21,865
| -19% | -$70.9K |
|
|
GPGI
9903
GPGI Inc
GPGI
$3.7B
| $323K | ﹤0.01% |
29,734
-134,764
| -82% | -$1.65M |
|
9904
BRC Inc
BRCC
$213M
| $323K | ﹤0.01% |
154,600
+41,917
| +37% | +$107K |
|
9905
Radiant Logistics
RLGT
$408M
| $323K | ﹤0.01% |
52,509
+27,454
| +110% | +$186K |
|
9906
CALL
Envista
NVST
$4.51B
| $323K | ﹤0.01% |
18,700
+5,900
| +46% | +$115K |
|
9907
iShares North American Natural Resources ETF
IGE
$792M
| $323K | ﹤0.01% |
+7,096
| New | +$316K |
|
|
ACTU
9908
Actuate Therapeutics
ACTU
$24.2M
| $322K | ﹤0.01% |
+47,634
| New | +$382K |
|
9909
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$602M
| $322K | ﹤0.01% |
6,471
-26,296
| -80% | -$1.48M |
|
9910
Park Aerospace
PKE
$831M
| $322K | ﹤0.01% |
23,962
+13,522
| +130% | +$190K |
|
9911
Pacer Emerging Markets Cash Cows 100 ETF
ECOW
$221M
| $322K | ﹤0.01% |
+15,764
| New | +$317K |
|
9912
Alcon
ALC
$35.9B
| $322K | ﹤0.01% |
3,390
+228
| +7% | +$20.5K |
|
9913
PUT
Loews
L
$23.1B
| $322K | ﹤0.01% |
+3,500
| New | +$299K |
|
9914
First Trust SSI Strategic Convertible Securities ETF
FCVT
$104M
| $322K | ﹤0.01% |
+9,211
| New | +$339K |
|
9915
Chegg
CHGG
$87.5M
| $321K | ﹤0.01% |
502,834
+371,757
| +284% | +$460K |
|
9916
Direxion Daily Consumer Discretionary Bull 3X ETF
WANT
$21.3M
| $321K | ﹤0.01% |
9,227
-18,451
| -67% | -$891K |
|
9917
PUT
Telus
TU
$15.4B
| $321K | ﹤0.01% |
22,400
-5,600
| -20% | -$82.1K |
|
9918
Omega Flex
OFLX
$289M
| $321K | ﹤0.01% |
+9,229
| New | +$358K |
|
9919
iShares Currency Hedged MSCI ACWI ex US ETF
HAWX
$357M
| $321K | ﹤0.01% |
9,596
-7,299
| -43% | -$244K |
|
|
MBCN
9920
DELISTED
Middlefield Banc Corp
MBCN
| $321K | ﹤0.01% |
+11,479
| New | +$300K |
|
9921
Innovator US Equity Accelerated Plus ETF July
XTJL
$16.9M
| $320K | ﹤0.01% |
+9,657
| New | +$328K |
|
9922
Seer Inc
SEER
$115M
| $320K | ﹤0.01% |
189,571
+126,178
| +199% | +$275K |
|
9923
CALL
Krispy Kreme
DNUT
$578M
| $320K | ﹤0.01% |
65,100
-252,300
| -79% | -$1.93M |
|
|
CBLL
9924
CeriBell Inc
CBLL
$895M
| $320K | ﹤0.01% |
+16,667
| New | +$371K |
|
|
LDER
9925
DELISTED
LifeX 2040 Term Income ETF
LDER
| $320K | ﹤0.01% |
+2,713
| New | +$323K |
|
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.