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 | |
|---|---|---|---|---|---|---|
|
UROY
11526
Uranium Royalty Corp
UROY
$1.55B
| $103K | ﹤0.01% |
+58,257
| New | +$125K |
|
11527
MIND Technology
MIND
$42.6M
| $102K | ﹤0.01% |
+17,060
| New | +$137K |
|
11528
PUT
Gerdau
GGB
$9.42B
| $102K | ﹤0.01% |
36,000
-16,500
| -31% | -$48.2K |
|
11529
PUT
RE/MAX Holdings
RMAX
$265M
| $102K | ﹤0.01% |
+12,200
| New | +$116K |
|
11530
ICL Group
ICL
$6.96B
| $102K | ﹤0.01% |
17,936
-73,496
| -80% | -$433K |
|
11531
CALL
Jasper Therapeutics
JSPR
$28.7M
| $102K | ﹤0.01% |
23,700
-20,600
| -47% | -$137K |
|
|
CIO
11532
CALL
DELISTED
City Office REIT
CIO
| $101K | ﹤0.01% |
+19,500
| New | +$100K |
|
11533
WidePoint Corp
WYY
$115M
| $101K | ﹤0.01% |
30,367
-12,373
| -29% | -$47K |
|
|
PCF
11534
High Income Securities Fund
PCF
$103M
| $101K | ﹤0.01% |
15,185
-1,926
| -11% | -$12.9K |
|
11535
Golden Heaven Group Holdings
GDHG
$82.1M
| $101K | ﹤0.01% |
+57
| New | +$39.5K |
|
|
MBX
11536
MBX Biosciences
MBX
$3.23B
| $101K | ﹤0.01% |
+13,660
| New | +$144K |
|
11537
CALL
AirSculpt Technologies
AIRS
$244M
| $101K | ﹤0.01% |
43,000
+13,100
| +44% | +$58.8K |
|
11538
CALL
Tyra Biosciences
TYRA
$1.49B
| $100K | ﹤0.01% |
+10,800
| New | +$140K |
|
|
ABX
11539
CALL
Abacus Global Management
ABX
$833M
| $100K | ﹤0.01% |
+13,400
| New | +$102K |
|
11540
PUT
Asure Software
ASUR
$251M
| $100K | ﹤0.01% |
10,500
+500
| +5% | +$5.48K |
|
11541
CALL
Ocugen
OCGN
$458M
| $100K | ﹤0.01% |
141,100
+115,500
| +451% | +$79.9K |
|
11542
CPI Aerostructures
CVU
$75M
| $100K | ﹤0.01% |
28,806
+2,445
| +9% | +$10.4K |
|
|
BIOA
11543
BioAge Labs
BIOA
$479M
| $99.7K | ﹤0.01% |
+26,520
| New | +$123K |
|
|
AEVA
11544
PUT
Aeva Technologies
AEVA
$1.56B
| $99.4K | ﹤0.01% |
+14,200
| New | +$58.5K |
|
|
CIO
11545
PUT
DELISTED
City Office REIT
CIO
| $99.1K | ﹤0.01% |
19,100
+7,300
| +62% | +$37.5K |
|
11546
US Global Investors
GROW
$38.8M
| $99.1K | ﹤0.01% |
43,862
-617
| -1% | -$1.47K |
|
|
ILPT
11547
CALL
Industrial Logistics Properties Trust
ILPT
$611M
| $98.4K | ﹤0.01% |
28,600
-53,100
| -65% | -$198K |
|
11548
United-Guardian
UG
$32.9M
| $98.3K | ﹤0.01% |
+10,933
| New | +$112K |
|
11549
PUT
Cardiff Oncology
CRDF
$76.6M
| $98.3K | ﹤0.01% |
31,300
-13,700
| -30% | -$54.2K |
|
|
CMPS
11550
PUT
Compass Pathways
CMPS
$1.84B
| $98.1K | ﹤0.01% |
+34,300
| New | +$132K |
|
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.