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 | |
|---|---|---|---|---|---|---|
11176
CALL
Monte Rosa Therapeutics
GLUE
$1.35B
| $159K | ﹤0.01% |
34,200
-159,300
| -82% | -$977K |
|
11177
NI Holdings
NODK
$314M
| $158K | ﹤0.01% |
+11,114
| New | +$162K |
|
11178
PUT
Inter&Co
INTR
$2.3B
| $158K | ﹤0.01% |
28,900
-13,600
| -32% | -$70.6K |
|
11179
CALL
Alpha Pro Tech
APT
$55.7M
| $158K | ﹤0.01% |
31,600
-3,900
| -11% | -$20.8K |
|
11180
CALL
Sonos
SONO
$1.86B
| $158K | ﹤0.01% |
14,800
-78,100
| -84% | -$1.03M |
|
|
MURA
11181
DELISTED
Mural Oncology
MURA
| $158K | ﹤0.01% |
125,204
+38,839
| +45% | +$142K |
|
|
GNT
11182
GAMCO Natural Resources, Gold & Income Trust
GNT
$151M
| $158K | ﹤0.01% |
25,886
+13,833
| +115% | +$80.2K |
|
11183
PUT
Five Point Holdings
FPH
$372M
| $158K | ﹤0.01% |
+29,500
| New | +$155K |
|
11184
CALL
Vera Bradley
VRA
$96.7M
| $158K | ﹤0.01% |
70,000
-8,800
| -11% | -$28.4K |
|
11185
CALL
Cabaletta Bio
CABA
$442M
| $157K | ﹤0.01% |
113,300
-4,200
| -4% | -$8.95K |
|
|
TEAF
11186
DELISTED
Ecofin Sustainable & Social Impact Term Fund
TEAF
| $157K | ﹤0.01% |
+13,861
| New | +$166K |
|
11187
Microbot Medical
MBOT
$113M
| $157K | ﹤0.01% |
104,180
+74,452
| +250% | +$132K |
|
|
PCEM
11188
DELISTED
Polen Capital Emerging Markets ex-China Growth ETF
PCEM
| $157K | ﹤0.01% |
+16,509
| New | +$166K |
|
11189
Smart Sand
SND
$213M
| $157K | ﹤0.01% |
60,622
+48,948
| +419% | +$115K |
|
|
SOHU
11190
CALL
Sohu.com
SOHU
$369M
| $157K | ﹤0.01% |
11,900
-36,000
| -75% | -$483K |
|
11191
Reading International Class A
RDI
$32.7M
| $157K | ﹤0.01% |
112,741
-3,288
| -3% | -$4.78K |
|
11192
YieldMax Ultra Option Income Strategy ETF
ULTY
$762M
| $157K | ﹤0.01% |
2,589
-2,578
| -50% | -$201K |
|
|
FISK
11193
Empire State Realty OP LP Series 250
FISK
$1.31B
| $156K | ﹤0.01% |
20,551
-3,713
| -15% | -$32.8K |
|
11194
GoPro
GPRO
$117M
| $156K | ﹤0.01% |
235,744
+69,286
| +42% | +$61.1K |
|
11195
CION Investment
CION
$370M
| $156K | ﹤0.01% |
15,080
-20,046
| -57% | -$232K |
|
11196
PUT
Brookdale Senior Living
BKD
$3B
| $156K | ﹤0.01% |
24,900
+12,100
| +95% | +$64.7K |
|
11197
US Gold Corp
USAU
$249M
| $156K | ﹤0.01% |
17,114
-11,755
| -41% | -$97.4K |
|
|
BRAG
11198
Bragg Gaming Group
BRAG
$55.2M
| $155K | ﹤0.01% |
37,819
+17,011
| +82% | +$77.7K |
|
11199
Torrid Holdings
CURV
$228M
| $155K | ﹤0.01% |
+28,361
| New | +$170K |
|
11200
Katapult Holdings
KPLT
$35.9M
| $155K | ﹤0.01% |
+15,132
| New | +$151K |
|
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.