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 | |
|---|---|---|---|---|---|---|
|
TRVG
11276
trivago
TRVG
$367M
| $142K | ﹤0.01% |
34,657
-6,570
| -16% | -$24.2K |
|
|
BFZ
11277
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $142K | ﹤0.01% |
12,889
+737
| +6% | +$8.28K |
|
11278
Orchestra BioMed
OBIO
$266M
| $141K | ﹤0.01% |
32,988
+20,819
| +171% | +$104K |
|
|
PFD
11279
Flaherty & Crumrine Preferred and Income Fund
PFD
$145M
| $141K | ﹤0.01% |
12,539
+1,560
| +14% | +$17.6K |
|
11280
CALL
Immunome
IMNM
$3.18B
| $141K | ﹤0.01% |
20,900
+3,300
| +19% | +$31.7K |
|
11281
PUT
Kura Oncology
KURA
$896M
| $141K | ﹤0.01% |
21,300
-48,000
| -69% | -$374K |
|
11282
CALL
Pliant Therapeutics
PLRX
$66.3M
| $140K | ﹤0.01% |
103,900
+30,200
| +41% | +$183K |
|
11283
Fate Therapeutics
FATE
$294M
| $140K | ﹤0.01% |
177,360
+69,946
| +65% | +$85.7K |
|
11284
Hafnia
HAFN
$3.8B
| $140K | ﹤0.01% |
+33,618
| New | +$166K |
|
11285
Empire Petroleum
EP
$108M
| $140K | ﹤0.01% |
22,237
+10,481
| +89% | +$67.3K |
|
|
WIMI
11286
WiMi Hologram Cloud
WIMI
$24.5M
| $140K | ﹤0.01% |
14,343
-19,494
| -58% | -$187K |
|
|
DENN
11287
PUT
DELISTED
Denny's
DENN
| $139K | ﹤0.01% |
+38,000
| New | +$200K |
|
11288
Unusual Machines
UMAC
$1.36B
| $139K | ﹤0.01% |
+21,747
| New | +$220K |
|
|
MTR
11289
Mesa Royalty Trust
MTR
$5.31M
| $139K | ﹤0.01% |
22,335
+3,423
| +18% | +$22K |
|
11290
PUT
TriplePoint Venture Growth BDC
TPVG
$221M
| $139K | ﹤0.01% |
19,900
-15,800
| -44% | -$121K |
|
11291
Sera Prognostics
SERA
$79.1M
| $139K | ﹤0.01% |
37,699
-64,761
| -63% | -$330K |
|
11292
CALL
Motorcar Parts of America
MPAA
$230M
| $139K | ﹤0.01% |
+14,600
| New | +$127K |
|
11293
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$657M
| $138K | ﹤0.01% |
+12,293
| New | +$140K |
|
|
IRS
11294
IRSA Inversiones y Representaciones
IRS
$1.24B
| $137K | ﹤0.01% |
+10,655
| New | +$151K |
|
11295
CALL
Hagerty
HGTY
$1.3B
| $137K | ﹤0.01% |
15,200
-10,200
| -40% | -$98.9K |
|
|
TRT
11296
Trio-Tech International
TRT
$118M
| $137K | ﹤0.01% |
45,806
+7,432
| +19% | +$22.5K |
|
|
IMDX
11297
Insight Molecular Diagnostics
IMDX
$147M
| $137K | ﹤0.01% |
+44,806
| New | +$121K |
|
11298
PUT
SES AI
SES
$227M
| $137K | ﹤0.01% |
263,300
+205,100
| +352% | +$189K |
|
11299
PUT
Cato Corp
CATO
$65.7M
| $137K | ﹤0.01% |
41,100
-2,800
| -6% | -$9.4K |
|
11300
BlackRock MuniYield Quality Fund
MQY
$811M
| $137K | ﹤0.01% |
11,684
-46,954
| -80% | -$556K |
|
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.