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 | |
|---|---|---|---|---|---|---|
11426
PUT
Shoals Technologies Group
SHLS
$1.4B
| $118K | ﹤0.01% |
35,500
-56,600
| -61% | -$235K |
|
11427
PUT
Arbe Robotics
ARBE
$94.2M
| $118K | ﹤0.01% |
+114,400
| New | +$252K |
|
|
RPC
11428
CALL
Ridgepost Capital
RPC
$972M
| $118K | ﹤0.01% |
10,000
-9,300
| -48% | -$118K |
|
|
BOWN
11429
DELISTED
Bowen Acquisition Corp
BOWN
| $117K | ﹤0.01% |
14,963
-12,889
| -46% | -$74.8K |
|
11430
CALL
Garrett Motion
GTX
$5.47B
| $117K | ﹤0.01% |
+14,000
| New | +$130K |
|
|
TSE
11431
CALL
DELISTED
Trinseo
TSE
| $117K | ﹤0.01% |
31,800
-47,100
| -60% | -$214K |
|
11432
Energy Vault
NRGV
$669M
| $117K | ﹤0.01% |
168,144
-55,056
| -25% | -$84.6K |
|
11433
Data Storage Corp
DTST
$7.97M
| $117K | ﹤0.01% |
+32,177
| New | +$131K |
|
|
MAZE
11434
Maze Therapeutics
MAZE
$1.53B
| $117K | ﹤0.01% |
+10,608
| New | +$128K |
|
11435
Televisa
TV
$1.49B
| $117K | ﹤0.01% |
66,659
+19,969
| +43% | +$37.7K |
|
11436
Playboy Inc
PLBY
$149M
| $117K | ﹤0.01% |
105,971
+78,231
| +282% | +$122K |
|
|
RGT
11437
Royce Global Value Trust
RGT
$101M
| $116K | ﹤0.01% |
11,079
+185
| +2% | +$2.01K |
|
11438
PUT
Veritone
VERI
$139M
| $116K | ﹤0.01% |
49,900
-6,500
| -12% | -$18.9K |
|
11439
Foghorn Therapeutics
FHTX
$394M
| $116K | ﹤0.01% |
31,850
+16,052
| +102% | +$73.2K |
|
11440
Nuveen Real Estate Income Fund
JRS
$243M
| $116K | ﹤0.01% |
+14,050
| New | +$119K |
|
11441
CALL
Hyliion Holdings
HYLN
$734M
| $116K | ﹤0.01% |
82,600
-173,200
| -68% | -$343K |
|
|
GRFS
11442
Grifois
GRFS
$5.4B
| $116K | ﹤0.01% |
16,256
-47,281
| -74% | -$357K |
|
11443
CALL
Alto Ingredients
ALTO
$315M
| $115K | ﹤0.01% |
101,300
-153,000
| -60% | -$237K |
|
11444
CALL
Mission Produce
AVO
$1.13B
| $115K | ﹤0.01% |
11,000
-34,400
| -76% | -$401K |
|
|
AIFC
11445
PUT
AI Financial Corp
AIFC
$58.6M
| $115K | ﹤0.01% |
+29,700
| New | +$164K |
|
11446
Milestone Scientific
MLSS
$48.9M
| $115K | ﹤0.01% |
123,495
-34,647
| -22% | -$38K |
|
11447
Nuveen New York Municipal Value Fund
NNY
$157M
| $115K | ﹤0.01% |
13,925
+1,523
| +12% | +$12.5K |
|
11448
PUT
LSB Industries
LXU
$711M
| $115K | ﹤0.01% |
+17,400
| New | +$136K |
|
|
VCSA
11449
DELISTED
Vacasa, Inc. Class A Common Stock
VCSA
| $115K | ﹤0.01% |
21,303
+7,187
| +51% | +$37.1K |
|
|
CVAC
11450
PUT
DELISTED
CureVac
CVAC
| $114K | ﹤0.01% |
41,300
+10,100
| +32% | +$35.1K |
|
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.