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 | |
|---|---|---|---|---|---|---|
11376
Nuveen Multi-Asset Income Fund
NMAI
$497M
| $124K | ﹤0.01% |
+10,352
| New | +$127K |
|
11377
Wheels Up
UP
$190M
| $124K | ﹤0.01% |
6,158
-2,863
| -32% | -$78.8K |
|
|
CUB
11378
Lionheart Holdings
CUB
$285M
| $124K | ﹤0.01% |
12,095
-6,199
| -34% | -$63.1K |
|
11379
Lipocine
LPCN
$17M
| $124K | ﹤0.01% |
38,980
+13,975
| +56% | +$54.1K |
|
11380
Drilling Tools International
DTI
$86.1M
| $124K | ﹤0.01% |
+52,163
| New | +$161K |
|
|
BRSP
11381
CALL
BrightSpire Capital
BRSP
$628M
| $123K | ﹤0.01% |
22,200
-53,500
| -71% | -$313K |
|
11382
eGain
EGAN
$200M
| $123K | ﹤0.01% |
25,437
+7,372
| +41% | +$41.7K |
|
|
NOTE
11383
CALL
DELISTED
FiscalNote
NOTE
| $123K | ﹤0.01% |
12,692
+4,934
| +64% | +$74.2K |
|
|
PHT
11384
DELISTED
Pioneer High Income Fund
PHT
| $123K | ﹤0.01% |
+15,934
| New | +$125K |
|
11385
TROOPS Inc
TROO
$248M
| $123K | ﹤0.01% |
+163,649
| New | +$226K |
|
|
CGAU
11386
CALL
Centerra Gold
CGAU
$4.15B
| $123K | ﹤0.01% |
19,400
-16,300
| -46% | -$99.6K |
|
|
MQT
11387
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $123K | ﹤0.01% |
12,302
-3,648
| -23% | -$37K |
|
11388
PUT
Regenxbio
RGNX
$720M
| $123K | ﹤0.01% |
+17,200
| New | +$128K |
|
11389
CALL
AerSale
ASLE
$269M
| $123K | ﹤0.01% |
16,400
+1,500
| +10% | +$10.7K |
|
|
MVF
11390
DELISTED
BlackRock MuniVest Fund
MVF
| $123K | ﹤0.01% |
+17,521
| New | +$126K |
|
|
SEPN
11391
PUT
Septerna Inc
SEPN
$2.25B
| $123K | ﹤0.01% |
+21,200
| New | +$242K |
|
11392
Adaptive Hedged Multi-Asset Income ETF
AMAX
$69.1M
| $122K | ﹤0.01% |
+16,532
| New | +$128K |
|
11393
Cumberland Pharmaceuticals
CPIX
$119M
| $122K | ﹤0.01% |
+28,939
| New | +$120K |
|
11394
CALL
CVRx
CVRX
$78.3M
| $122K | ﹤0.01% |
10,000
-700
| -7% | -$9.89K |
|
11395
Jerash Holdings
JRSH
$69M
| $122K | ﹤0.01% |
35,949
+23,369
| +186% | +$83K |
|
|
AMRN
11396
Amarin Corp
AMRN
$297M
| $122K | ﹤0.01% |
13,636
-3,292
| -19% | -$34.8K |
|
11397
Acumen Pharmaceuticals
ABOS
$182M
| $122K | ﹤0.01% |
110,976
+35,088
| +46% | +$50.1K |
|
|
AVK
11398
Advent Convertible and Income Fund
AVK
$573M
| $122K | ﹤0.01% |
10,587
-7,628
| -42% | -$91.1K |
|
11399
PUT
Editas Medicine
EDIT
$432M
| $122K | ﹤0.01% |
105,100
+28,600
| +37% | +$42.1K |
|
|
AMDG
11400
Leverage Shares 2X Long AMD Daily ETF
AMDG
$28.8M
| $122K | ﹤0.01% |
+12,394
| New | +$139K |
|
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.