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 | |
|---|---|---|---|---|---|---|
10026
PUT
Bioventus
BVS
$1.2B
| $307K | ﹤0.01% |
33,600
-17,900
| -35% | -$179K |
|
10027
CALL
Addus HomeCare
ADUS
$2.17B
| $307K | ﹤0.01% |
+3,100
| New | +$345K |
|
10028
Innovator Emerging Markets Power Buffer ETF July
EJUL
$189M
| $307K | ﹤0.01% |
12,133
-21,995
| -64% | -$554K |
|
10029
CALL
SouthState Bank Corp
SSB
$10.8B
| $306K | ﹤0.01% |
3,300
-9,300
| -74% | -$916K |
|
|
ATXS
10030
DELISTED
Astria Therapeutics
ATXS
| $306K | ﹤0.01% |
57,353
+20,736
| +57% | +$145K |
|
|
KRMN
10031
Karman Holdings
KRMN
$8.22B
| $306K | ﹤0.01% |
+9,155
| New | +$295K |
|
10032
Direxion Daily Transportation Bull 3X ETF
TPOR
$21.2M
| $306K | ﹤0.01% |
12,848
-5,270
| -29% | -$161K |
|
10033
First Internet Bancorp
INBK
$254M
| $306K | ﹤0.01% |
11,421
+4,820
| +73% | +$150K |
|
10034
PUT
Invesco China Technology ETF
CQQQ
$3.18B
| $306K | ﹤0.01% |
+6,900
| New | +$304K |
|
10035
PUT
Intrepid Potash
IPI
$493M
| $306K | ﹤0.01% |
+10,400
| New | +$275K |
|
10036
Orange County Bancorp
OBT
$525M
| $306K | ﹤0.01% |
+13,066
| New | +$334K |
|
10037
ProShares Hedge Replication ETF
HDG
$22.3M
| $305K | ﹤0.01% |
6,264
-2,701
| -30% | -$134K |
|
10038
Pacer Swan SOS Conservative April ETF
PSCW
$61M
| $305K | ﹤0.01% |
+12,061
| New | +$317K |
|
10039
Stem
STEM
$61M
| $305K | ﹤0.01% |
43,568
-10,862
| -20% | -$126K |
|
10040
PUT
St. Joe Company
JOE
$3.89B
| $305K | ﹤0.01% |
+6,500
| New | +$304K |
|
10041
Rareview Systematic Equity ETF
RSEE
$75.6M
| $305K | ﹤0.01% |
11,046
-2,058
| -16% | -$59.7K |
|
10042
Genesis Energy
GEL
$1.93B
| $305K | ﹤0.01% |
19,423
-413,187
| -96% | -$5.03M |
|
10043
US Vegan Climate ETF
VEGN
$188M
| $305K | ﹤0.01% |
+6,128
| New | +$326K |
|
10044
CALL
Ambev
ABEV
$43.2B
| $305K | ﹤0.01% |
130,700
+42,400
| +48% | +$84.8K |
|
10045
Prudential
PUK
$34.7B
| $304K | ﹤0.01% |
14,162
+1,348
| +11% | +$24.1K |
|
|
URG
10046
Ur-Energy
URG
$537M
| $304K | ﹤0.01% |
451,054
+259,726
| +136% | +$255K |
|
10047
CALL
Sprinklr
CXM
$1.61B
| $304K | ﹤0.01% |
+36,400
| New | +$319K |
|
10048
Stereotaxis
STXS
$138M
| $304K | ﹤0.01% |
172,632
+142,402
| +471% | +$303K |
|
10049
Sprott Copper Miners ETF
COPP
$282M
| $304K | ﹤0.01% |
15,430
-14,159
| -48% | -$294K |
|
10050
Inspired Entertainment
INSE
$164M
| $304K | ﹤0.01% |
35,549
+19,349
| +119% | +$186K |
|
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.