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 | |
|---|---|---|---|---|---|---|
|
AOMR
11076
Angel Oak Mortgage REIT
AOMR
$209M
| $176K | ﹤0.01% |
+18,468
| New | +$184K |
|
11077
PUT
Genworth Financial
GNW
$3.83B
| $176K | ﹤0.01% |
24,800
-25,700
| -51% | -$179K |
|
11078
Proshares UltraShort Technology
REW
$3.68M
| $175K | ﹤0.01% |
3,522
-6,468
| -65% | -$276K |
|
|
FTF
11079
Franklin Limited Duration Income Trust
FTF
$236M
| $175K | ﹤0.01% |
27,137
+6,442
| +31% | +$42.4K |
|
11080
CALL
Ranpak Holdings
PACK
$469M
| $175K | ﹤0.01% |
+32,300
| New | +$212K |
|
11081
CALL
Sana Biotechnology
SANA
$1.03B
| $175K | ﹤0.01% |
104,200
-174,700
| -63% | -$488K |
|
|
HTZWW
11082
Hertz Global Holdings Warrants
HTZWW
$108M
| $175K | ﹤0.01% |
77,245
| – | – |
|
11083
CALL
Emergent Biosolutions
EBS
$237M
| $174K | ﹤0.01% |
35,900
-132,900
| -79% | -$1.1M |
|
|
RAYC
11084
DELISTED
Rayliant Quantamental China Equity ETF
RAYC
| $174K | ﹤0.01% |
12,092
-55,950
| -82% | -$797K |
|
11085
CALL
Editas Medicine
EDIT
$425M
| $174K | ﹤0.01% |
150,100
+115,500
| +334% | +$170K |
|
11086
Lexeo Therapeutics
LXEO
$392M
| $174K | ﹤0.01% |
50,147
+38,999
| +350% | +$173K |
|
11087
MediWound
MDWD
$174M
| $174K | ﹤0.01% |
11,208
-5,209
| -32% | -$93.2K |
|
11088
CALL
Biomea Fusion
BMEA
$95M
| $173K | ﹤0.01% |
81,400
-535,300
| -87% | -$1.82M |
|
11089
CALL
Sypris Solutions
SYPR
$49.5M
| $173K | ﹤0.01% |
107,600
+11,600
| +12% | +$22.5K |
|
11090
AdvisorShares Dorsey Wright Short ETF
DWSH
$6.13M
| $173K | ﹤0.01% |
23,036
+5,354
| +30% | +$38.1K |
|
|
CEPU
11091
PUT
Central Puerto
CEPU
$1.97B
| $173K | ﹤0.01% |
+15,600
| New | +$206K |
|
11092
CALL
Thryv Holdings
THRY
$97.3M
| $173K | ﹤0.01% |
+13,500
| New | +$224K |
|
11093
Wendy's
WEN
$1.64B
| $173K | ﹤0.01% |
11,816
-7,654
| -39% | -$115K |
|
|
SFIX
11094
CALL
Stitch Fix
SFIX
$474M
| $173K | ﹤0.01% |
53,100
-212,700
| -80% | -$969K |
|
11095
PUT
Mitek Systems
MITK
$878M
| $172K | ﹤0.01% |
20,900
-7,500
| -26% | -$72.9K |
|
11096
CALL
Certara
CERT
$1.22B
| $172K | ﹤0.01% |
17,400
+5,900
| +51% | +$71.7K |
|
11097
Actinium Pharmaceuticals
ATNM
$32.6M
| $172K | ﹤0.01% |
106,982
+75,043
| +235% | +$95.3K |
|
11098
CALL
Getty Images
GETY
$129M
| $172K | ﹤0.01% |
99,500
-46,700
| -32% | -$111K |
|
|
BRDG
11099
DELISTED
Bridge Investment Group
BRDG
| $172K | ﹤0.01% |
+17,966
| New | +$157K |
|
11100
Global X NASDAQ 100 Risk Managed Income ETF
QRMI
$14.5M
| $172K | ﹤0.01% |
10,318
-24,197
| -70% | -$417K |
|
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.