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 | |
|---|---|---|---|---|---|---|
11601
CALL
Ribbon Communications
RBBN
$377M
| $90.2K | ﹤0.01% |
23,000
-12,100
| -34% | -$51K |
|
11602
Comstock Holding Companies
CHCI
$173M
| $89.9K | ﹤0.01% |
10,425
-3,108
| -23% | -$24.5K |
|
11603
Wrap Technologies
WRAP
$97.4M
| $89.7K | ﹤0.01% |
52,475
-39,017
| -43% | -$80.8K |
|
11604
CALL
Larimar Therapeutics
LRMR
$444M
| $89.7K | ﹤0.01% |
41,700
+15,200
| +57% | +$48K |
|
11605
CALL
Taysha Gene Therapies
TSHA
$1.92B
| $89.7K | ﹤0.01% |
64,500
+18,300
| +40% | +$30.6K |
|
11606
CALL
Worksport
WKSP
$10.4M
| $89.3K | ﹤0.01% |
28,000
+23,390
| +507% | +$171K |
|
11607
CALL
LifeMD
LFMD
$167M
| $89.2K | ﹤0.01% |
+16,400
| New | +$93K |
|
11608
CALL
Lloyds Banking Group
LYG
$90B
| $89K | ﹤0.01% |
23,300
-6,500
| -22% | -$21.5K |
|
11609
Smartbird Inc
BIRD
$31.2M
| $88.8K | ﹤0.01% |
+13,786
| New | +$89K |
|
11610
CALL
Laser Photonics
LASE
$68.7M
| $88.7K | ﹤0.01% |
28,900
-55,900
| -66% | -$235K |
|
|
CYPH
11611
Cypherpunk Technologies Inc
CYPH
$69.8M
| $88.5K | ﹤0.01% |
290,043
+63,955
| +28% | +$70.4K |
|
11612
Ericsson
ERIC
$33.6B
| $88K | ﹤0.01% |
11,340
-377,756
| -97% | -$3.05M |
|
11613
Heritage Global
HGBL
$37.5M
| $87.7K | ﹤0.01% |
40,243
-35,936
| -47% | -$76.5K |
|
11614
CALL
Atomera
ATOM
$212M
| $87.6K | ﹤0.01% |
21,900
-252,000
| -92% | -$1.96M |
|
11615
PUT
VirTra
VTSI
$38.1M
| $87.5K | ﹤0.01% |
21,500
-24,300
| -53% | -$145K |
|
11616
CALL
VinFast Auto
VFS
$7.37B
| $87.5K | ﹤0.01% |
27,500
-143,000
| -84% | -$532K |
|
|
FCO
11617
DELISTED
abrdn Global Income Fund
FCO
| $87.4K | ﹤0.01% |
+14,546
| New | +$87.6K |
|
11618
Traeger
COOK
$166M
| $87.2K | ﹤0.01% |
1,038
+593
| +133% | +$65.7K |
|
|
AGIG
11619
Abundia Global Impact Group
AGIG
$38.5M
| $87.2K | ﹤0.01% |
11,320
+3,333
| +42% | +$43.8K |
|
11620
PUT
MicroCloud Hologram
HOLO
$40.1M
| $86.9K | ﹤0.01% |
+2,650
| New | +$159K |
|
11621
Outlook Therapeutics
OTLK
$166M
| $86.5K | ﹤0.01% |
70,922
-10,353
| -13% | -$18.2K |
|
11622
CALL
Genasys
GNSS
$77.9M
| $86.5K | ﹤0.01% |
38,100
+14,800
| +64% | +$41K |
|
|
KNDI
11623
Kandi Technologies Group
KNDI
$64.4M
| $86.5K | ﹤0.01% |
60,886
-26,297
| -30% | -$33.9K |
|
11624
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.75B
| $86.4K | ﹤0.01% |
+10,050
| New | +$87.6K |
|
|
BRAG
11625
PUT
Bragg Gaming Group
BRAG
$46.2M
| $86.3K | ﹤0.01% |
21,000
-9,000
| -30% | -$41.1K |
|
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.