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 | |
|---|---|---|---|---|---|---|
|
LUXE
11576
PUT
LuxExperience B.V.
LUXE
$1.04B
| $94.5K | ﹤0.01% |
+12,500
| New | +$116K |
|
11577
PUT
Krispy Kreme
DNUT
$569M
| $94.5K | ﹤0.01% |
19,200
-39,400
| -67% | -$301K |
|
11578
PUT
Suzano
SUZ
$9.84B
| $93.8K | ﹤0.01% |
10,100
-10,800
| -52% | -$108K |
|
11579
CALL
UNIFI
UFI
$120M
| $93.8K | ﹤0.01% |
+19,500
| New | +$109K |
|
|
RZLV
11580
CALL
Rezolve AI
RZLV
$1.06B
| $93.8K | ﹤0.01% |
+77,500
| New | +$183K |
|
11581
CALL
Ivanhoe Electric
IE
$1.66B
| $93.5K | ﹤0.01% |
16,100
-12,600
| -44% | -$79.9K |
|
|
WHWK
11582
Whitehawk Therapeutics
WHWK
$267M
| $93.4K | ﹤0.01% |
52,486
-5,025
| -9% | -$13.1K |
|
11583
CALL
Kamada
KMDA
$419M
| $93.2K | ﹤0.01% |
+14,100
| New | +$100K |
|
11584
Immix Biopharma
IMMX
$777M
| $92.8K | ﹤0.01% |
+55,262
| New | +$104K |
|
|
WPRT
11585
PUT
Westport Fuel Systems
WPRT
$32.7M
| $92.8K | ﹤0.01% |
25,000
-17,300
| -41% | -$71K |
|
11586
PUT
Real Brokerage
REAX
$523M
| $92.6K | ﹤0.01% |
22,800
-15,600
| -41% | -$74.1K |
|
|
CTNM
11587
Contineum Therapeutics
CTNM
$576M
| $92.5K | ﹤0.01% |
+13,257
| New | +$121K |
|
|
MSD
11588
Morgan Stanley Emerging Markets Debt Fund
MSD
$148M
| $92.3K | ﹤0.01% |
+11,472
| New | +$92.3K |
|
11589
Invesco Senior Income Trust
VVR
$459M
| $92.2K | ﹤0.01% |
24,589
-74,316
| -75% | -$299K |
|
|
AFCG
11590
CALL
AFC Gamma
AFCG
$68.7M
| $91.9K | ﹤0.01% |
16,500
-21,800
| -57% | -$173K |
|
11591
Waldencast
WALD
$173M
| $91.7K | ﹤0.01% |
30,576
+19,968
| +188% | +$64.6K |
|
11592
CALL
Quad
QUAD
$506M
| $91.6K | ﹤0.01% |
16,800
-106,000
| -86% | -$674K |
|
|
VLRS
11593
PUT
Controladora Vuela Compania de Aviacion
VLRS
$922M
| $91.3K | ﹤0.01% |
17,500
| – | – |
|
|
YARW
11594
Yarrow Bioscience, Inc. Common Stock
YARW
$114M
| $91.3K | ﹤0.01% |
1,155
-262
| -18% | -$32.2K |
|
11595
Tango Therapeutics
TNGX
$4.32B
| $91.3K | ﹤0.01% |
66,615
+41,342
| +164% | +$102K |
|
|
AOD
11596
abrdn Total Dynamic Dividend Fund
AOD
$1.13B
| $90.8K | ﹤0.01% |
+10,828
| New | +$93.3K |
|
11597
PUT
Biomea Fusion
BMEA
$92.8M
| $90.7K | ﹤0.01% |
42,600
-86,900
| -67% | -$296K |
|
|
OCSAW
11598
Oculis Holding AG Warrants
OCSAW
$260M
| $90.6K | ﹤0.01% |
+12,007
| New | +$112K |
|
|
YQ
11599
17 Education & Technology Group
YQ
$23.2M
| $90.5K | ﹤0.01% |
46,916
-18,710
| -29% | -$35.4K |
|
11600
Ideal Power
IPWR
$70M
| $90.2K | ﹤0.01% |
17,339
-103
| -0.6% | -$646 |
|
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.