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 | |
|---|---|---|---|---|---|---|
11001
PUT
AngioDynamics
ANGO
$644M
| $188K | ﹤0.01% |
20,000
+8,900
| +80% | +$93.5K |
|
11002
CALL
Rayonier Advanced Materials
RYAM
$567M
| $187K | ﹤0.01% |
32,600
-34,900
| -52% | -$245K |
|
|
ENX
11003
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
| $187K | ﹤0.01% |
19,741
+1,692
| +9% | +$16.4K |
|
11004
PUT
Playboy Inc
PLBY
$150M
| $187K | ﹤0.01% |
170,100
+148,400
| +684% | +$232K |
|
|
HTT
11005
High Templar Tech Ltd
HTT
$388M
| $187K | ﹤0.01% |
+69,555
| New | +$197K |
|
11006
CALL
Allogene Therapeutics
ALLO
$690M
| $187K | ﹤0.01% |
128,000
+108,900
| +570% | +$205K |
|
11007
Fulcrum Therapeutics
FULC
$285M
| $187K | ﹤0.01% |
64,840
+24,063
| +59% | +$88.4K |
|
|
SFIX
11008
PUT
Stitch Fix
SFIX
$475M
| $187K | ﹤0.01% |
57,400
-59,600
| -51% | -$272K |
|
11009
CALL
Matrix Service
MTRX
$335M
| $186K | ﹤0.01% |
+15,000
| New | +$201K |
|
|
PPIH
11010
PUT
Perma-Pipe International
PPIH
$216M
| $186K | ﹤0.01% |
15,000
+3,200
| +27% | +$45.7K |
|
11011
PUT
Domo
DOMO
$185M
| $186K | ﹤0.01% |
24,000
-31,700
| -57% | -$254K |
|
11012
CALL
MediWound
MDWD
$173M
| $186K | ﹤0.01% |
+12,000
| New | +$215K |
|
|
DM
11013
CALL
DELISTED
Desktop Metal, Inc.
DM
| $186K | ﹤0.01% |
37,900
-500
| -1% | -$1.29K |
|
|
MUE
11014
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $186K | ﹤0.01% |
+18,607
| New | +$190K |
|
11015
PUT
Coty
COTY
$2.48B
| $186K | ﹤0.01% |
34,000
-205,700
| -86% | -$1.29M |
|
11016
Montauk Renewables
MNTK
$263M
| $186K | ﹤0.01% |
88,907
+58,378
| +191% | +$213K |
|
11017
CALL
Ampco-Pittsburgh
AP
$194M
| $186K | ﹤0.01% |
85,600
+75,100
| +715% | +$166K |
|
|
IBAC
11018
IB Acquisition Corp
IBAC
$54.3M
| $185K | ﹤0.01% |
+17,961
| New | +$184K |
|
|
NEXN
11019
Nexxen International
NEXN
$587M
| $185K | ﹤0.01% |
+22,147
| New | +$200K |
|
11020
PUT
Aterian
ATER
$5.44M
| $185K | ﹤0.01% |
88,000
+66,100
| +302% | +$147K |
|
11021
Caribou Biosciences
CRBU
$157M
| $185K | ﹤0.01% |
202,249
+83,984
| +71% | +$109K |
|
11022
PUT
Getty Images
GETY
$134M
| $185K | ﹤0.01% |
+106,700
| New | +$254K |
|
|
OBE
11023
CALL
Obsidian Energy
OBE
$715M
| $185K | ﹤0.01% |
31,500
+6,700
| +27% | +$36.9K |
|
|
PBPB
11024
PUT
DELISTED
Potbelly
PBPB
| $184K | ﹤0.01% |
+19,400
| New | +$214K |
|
11025
SEACOR Marine Holdings
SMHI
$265M
| $184K | ﹤0.01% |
36,437
+14,484
| +66% | +$89.4K |
|
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.