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 | |
|---|---|---|---|---|---|---|
|
CYBR
1001
CALL
DELISTED
CyberArk
CYBR
| $52.2M | 0.01% |
154,400
+30,600
| +25% | +$11M |
|
1002
PUT
Paychex
PAYX
$43.1B
| $52.2M | 0.01% |
338,100
-32,900
| -9% | -$4.84M |
|
1003
CALL
Samsara
IOT
$23.5B
| $52.1M | 0.01% |
1,358,400
+216,600
| +19% | +$10.1M |
|
1004
PUT
EQT Corp
EQT
$34B
| $52M | 0.01% |
973,400
-167,200
| -15% | -$8.54M |
|
1005
PUT
Etsy
ETSY
$7.29B
| $52M | 0.01% |
1,102,300
-827,800
| -43% | -$42.4M |
|
1006
PUT
Cognizant
CTSH
$26.4B
| $52M | 0.01% |
679,500
-92,000
| -12% | -$7.49M |
|
1007
PUT
HubSpot
HUBS
$11B
| $51.9M | 0.01% |
90,800
-167,300
| -65% | -$117M |
|
1008
CALL
Direxion Daily Regional Banks Bull 3X ETF
DPST
$400M
| $51.6M | 0.01% |
596,000
+270,000
| +83% | +$29.5M |
|
1009
SLB Ltd
SLB
$79.7B
| $51.6M | 0.01% |
1,234,428
-426,449
| -26% | -$17.5M |
|
1010
CALL
CarMax
KMX
$8.26B
| $51.4M | 0.01% |
659,500
+117,600
| +22% | +$9.43M |
|
1011
CALL
KE Holdings
BEKE
$18.7B
| $51.2M | 0.01% |
2,550,900
-1,056,900
| -29% | -$20.9M |
|
1012
PUT
Howmet Aerospace
HWM
$112B
| $51.2M | 0.01% |
394,700
+132,500
| +51% | +$16.8M |
|
|
TIGR
1013
CALL
UP Fintech Holding
TIGR
$849M
| $51.1M | 0.01% |
5,943,700
+3,071,400
| +107% | +$22.9M |
|
1014
Credo Technology Group
CRDO
$46.2B
| $51M | 0.01% |
1,270,207
+1,199,306
| +1,692% | +$74.5M |
|
1015
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.43B
| $50.9M | 0.01% |
2,778,900
+439,900
| +19% | +$9.55M |
|
1016
PUT
Rubrik
RBRK
$20B
| $50.9M | 0.01% |
834,600
+542,000
| +185% | +$37M |
|
1017
CALL
Parker-Hannifin
PH
$134B
| $50.8M | 0.01% |
83,600
-2,000
| -2% | -$1.31M |
|
1018
PUT
eBay
EBAY
$47.2B
| $50.8M | 0.01% |
749,900
-166,700
| -18% | -$11.1M |
|
1019
CALL
Yum! Brands
YUM
$39.5B
| $50.8M | 0.01% |
322,700
-187,900
| -37% | -$27.1M |
|
1020
General Motors
GM
$78.4B
| $50.7M | 0.01% |
1,077,052
-373,245
| -26% | -$18.4M |
|
1021
PUT
Nu Holdings
NU
$65.9B
| $50.7M | 0.01% |
4,946,500
+608,500
| +14% | +$7.19M |
|
1022
PUT
Phillips 66
PSX
$89.5B
| $50.6M | 0.01% |
409,500
-282,600
| -41% | -$34.8M |
|
1023
PUT
HP
HPQ
$26.6B
| $50.5M | 0.01% |
1,825,300
+609,400
| +50% | +$19.3M |
|
1024
PUT
Match Group
MTCH
$8.45B
| $50.3M | 0.01% |
1,612,200
+62,100
| +4% | +$2.03M |
|
1025
PUT
British American Tobacco
BTI
$122B
| $50.3M | 0.01% |
1,215,800
+356,000
| +41% | +$14M |
|
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.