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 | |
|---|---|---|---|---|---|---|
|
FNUC
11151
PUT
Frontier Nuclear and Minerals Inc
FNUC
$50.8M
| $162K | ﹤0.01% |
24,454
+17,623
| +258% | +$155K |
|
11152
VistaGen Therapeutics
VTGN
$11.7M
| $162K | ﹤0.01% |
64,781
-31,125
| -32% | -$88.1K |
|
11153
CALL
Embecta
EMBC
$290M
| $162K | ﹤0.01% |
12,700
-29,600
| -70% | -$474K |
|
|
GF
11154
New Germany Fund
GF
$188M
| $162K | ﹤0.01% |
16,489
+5,274
| +47% | +$47.3K |
|
11155
Fundamentals First ETF
KNOW
$7.6M
| $162K | ﹤0.01% |
15,371
-16,628
| -52% | -$180K |
|
11156
Global Water Resources
GWRS
$252M
| $162K | ﹤0.01% |
+15,672
| New | +$178K |
|
11157
CALL
Cardlytics
CDLX
$25M
| $161K | ﹤0.01% |
8,870
-5,400
| -38% | -$154K |
|
|
MGRM
11158
DELISTED
Monogram Orthopaedics
MGRM
| $161K | ﹤0.01% |
+54,845
| New | +$145K |
|
|
AGEN
11159
CALL
Agenus
AGEN
$317M
| $161K | ﹤0.01% |
106,700
-320,200
| -75% | -$922K |
|
11160
Northern Technologies International Corp
NTIC
$77.3M
| $161K | ﹤0.01% |
+15,456
| New | +$181K |
|
|
ALMS
11161
Alumis Inc
ALMS
$3.02B
| $161K | ﹤0.01% |
+26,197
| New | +$152K |
|
|
LUXE
11162
LuxExperience B.V.
LUXE
$1.02B
| $161K | ﹤0.01% |
+21,273
| New | +$197K |
|
|
FOLD
11163
CALL
DELISTED
Amicus Therapeutics
FOLD
| $161K | ﹤0.01% |
19,700
-74,500
| -79% | -$689K |
|
|
DYNCU
11164
Dynamix Corp Unit
DYNCU
| $160K | ﹤0.01% |
+15,887
| New | +$158K |
|
11165
CALL
W&T Offshore
WTI
$554M
| $160K | ﹤0.01% |
103,500
-102,600
| -50% | -$169K |
|
11166
CALL
Core Laboratories
CLB
$576M
| $160K | ﹤0.01% |
+10,700
| New | +$179K |
|
11167
Lake Shore Bancorp
LSBK
$134M
| $160K | ﹤0.01% |
+10,147
| New | +$156K |
|
11168
PUT
Virco
VIRC
$95.2M
| $160K | ﹤0.01% |
16,900
-900
| -5% | -$9.37K |
|
11169
Valaris Ltd Warrants
VAL.WS
$884M
| $160K | ﹤0.01% |
+31,355
| New | +$199K |
|
11170
PUT
Genie Energy
GNE
$386M
| $160K | ﹤0.01% |
+10,600
| New | +$155K |
|
|
DMB
11171
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$197M
| $160K | ﹤0.01% |
15,091
+2,779
| +23% | +$29.4K |
|
|
TRUE
11172
DELISTED
TrueCar
TRUE
| $159K | ﹤0.01% |
100,865
+14,919
| +17% | +$41.4K |
|
11173
PUT
Gran Tierra Energy
GTE
$333M
| $159K | ﹤0.01% |
32,300
-24,300
| -43% | -$139K |
|
11174
Star Group
SGU
$418M
| $159K | ﹤0.01% |
12,075
+1,829
| +18% | +$22.9K |
|
11175
Identive
INVE
$63.9M
| $159K | ﹤0.01% |
49,810
-60,553
| -55% | -$212K |
|
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.