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 | |
|---|---|---|---|---|---|---|
10201
Bank7 Corp
BSVN
$498M
| $281K | ﹤0.01% |
+7,251
| New | +$303K |
|
|
CAN
10202
PUT
Canaan Creative
CAN
$171M
| $281K | ﹤0.01% |
319,000
+8,100
| +3% | +$12.9K |
|
10203
PUT
Belden
BDC
$5.31B
| $281K | ﹤0.01% |
+2,800
| New | +$311K |
|
10204
Codexis
CDXS
$171M
| $281K | ﹤0.01% |
104,303
+59,566
| +133% | +$231K |
|
10205
PLDT
PHI
$4.24B
| $280K | ﹤0.01% |
+12,822
| New | +$296K |
|
10206
PUT
Moelis & Co
MC
$5.07B
| $280K | ﹤0.01% |
4,800
-2,500
| -34% | -$176K |
|
10207
VirTra
VTSI
$36.6M
| $280K | ﹤0.01% |
68,812
+36,450
| +113% | +$218K |
|
10208
CALL
Patria Investments
PAX
$1.86B
| $280K | ﹤0.01% |
24,800
+8,500
| +52% | +$99.1K |
|
10209
Royal Bank of Canada
RY
$301B
| $280K | ﹤0.01% |
2,483
-5,779
| -70% | -$680K |
|
10210
PUT
Diebold Nixdorf
DBD
$2.48B
| $280K | ﹤0.01% |
+6,400
| New | +$279K |
|
10211
PUT
Schwab US TIPS ETF
SCHP
$16.2B
| $280K | ﹤0.01% |
+10,400
| New | +$273K |
|
10212
CALL
NCR Atleos
NATL
$3.47B
| $280K | ﹤0.01% |
+10,600
| New | +$315K |
|
10213
Silvercrest Asset Management
SAMG
$79.6M
| $280K | ﹤0.01% |
+17,089
| New | +$304K |
|
10214
State Street SPDR S&P 500 ESG ETF
EFIV
$1.04B
| $279K | ﹤0.01% |
5,223
-14,110
| -73% | -$793K |
|
10215
PUT
SiteOne Landscape Supply
SITE
$4.3B
| $279K | ﹤0.01% |
+2,300
| New | +$305K |
|
10216
PUT
Vuzix
VUZI
$262M
| $279K | ﹤0.01% |
136,900
+13,700
| +11% | +$44.9K |
|
10217
PUT
Aemetis
AMTX
$128M
| $279K | ﹤0.01% |
160,500
-84,300
| -34% | -$180K |
|
10218
Polestar Automotive Holding UK
PSNY
$2.06B
| $279K | ﹤0.01% |
8,862
+6,081
| +219% | +$201K |
|
10219
CALL
Kennametal
KMT
$2.38B
| $279K | ﹤0.01% |
13,100
-67,500
| -84% | -$1.53M |
|
10220
Townsquare Media
TSQ
$104M
| $279K | ﹤0.01% |
34,274
+20,571
| +150% | +$179K |
|
10221
CALL
Fresenius Medical Care
FMS
$12.7B
| $279K | ﹤0.01% |
+11,200
| New | +$267K |
|
10222
CALL
Fulgent Genetics
FLGT
$511M
| $279K | ﹤0.01% |
+16,500
| New | +$281K |
|
10223
PUT
NBT Bancorp
NBTB
$2.78B
| $279K | ﹤0.01% |
+6,500
| New | +$300K |
|
|
BORR
10224
PUT
Borr Drilling
BORR
$1.37B
| $279K | ﹤0.01% |
127,200
+51,300
| +68% | +$154K |
|
|
GRSD
10225
Grandstand Ltd
GRSD
$80.4M
| $279K | ﹤0.01% |
22,070
-25,985
| -54% | -$365K |
|
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.