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 | |
|---|---|---|---|---|---|---|
11626
CALL
Douglas Elliman
DOUG
$183M
| $86.2K | ﹤0.01% |
50,100
-205,800
| -80% | -$372K |
|
11627
Ramaco Resources Class B
METCB
$406M
| $86.1K | ﹤0.01% |
+12,755
| New | +$107K |
|
|
MAPS
11628
CALL
DELISTED
WM TECHNOLOGY INC A
MAPS
| $86K | ﹤0.01% |
76,100
+24,200
| +47% | +$32.3K |
|
11629
XBiotech
XBIT
$71M
| $85.9K | ﹤0.01% |
26,517
+13,749
| +108% | +$47.4K |
|
|
NINE
11630
DELISTED
Nine Energy Service
NINE
| $85.8K | ﹤0.01% |
75,958
-20,147
| -21% | -$24.7K |
|
|
NOTE
11631
PUT
DELISTED
FiscalNote
NOTE
| $85.8K | ﹤0.01% |
8,825
+7,400
| +519% | +$111K |
|
|
PNI
11632
PIMCO New York Municipal Income Fund II
PNI
$77.9M
| $85.6K | ﹤0.01% |
12,093
-12,797
| -51% | -$92.6K |
|
|
FNUC
11633
CALL
Frontier Nuclear and Minerals Inc
FNUC
$50.5M
| $85.3K | ﹤0.01% |
12,869
+3,523
| +38% | +$30.9K |
|
11634
PUT
Solid Power
SLDP
$545M
| $85.3K | ﹤0.01% |
81,200
+30,000
| +59% | +$41.1K |
|
11635
Arcos Dorados Holdings
ARCO
$1.71B
| $85.2K | ﹤0.01% |
+10,572
| New | +$83.3K |
|
|
ACCD
11636
PUT
DELISTED
Accolade Inc
ACCD
| $85.2K | ﹤0.01% |
12,200
-5,800
| -32% | -$38.8K |
|
11637
Commercial Vehicle Group
CVGI
$130M
| $85.1K | ﹤0.01% |
74,034
-25,629
| -26% | -$49.6K |
|
|
TOKE
11638
DELISTED
Cambria Cannabis ETF
TOKE
| $85.1K | ﹤0.01% |
18,903
+313
| +2% | +$1.52K |
|
11639
CALL
Westwater Resources
WWR
$75.2M
| $85K | ﹤0.01% |
154,500
+71,000
| +85% | +$55.3K |
|
|
HELP
11640
PUT
Cybin Inc
HELP
$710M
| $85K | ﹤0.01% |
13,400
-1,192,500
| -99% | -$10.3M |
|
11641
Santander
BSBR
$43.2B
| $84.9K | ﹤0.01% |
18,026
+6,456
| +56% | +$28.8K |
|
|
LEO
11642
BNY Mellon Strategic Municipals
LEO
$389M
| $84.8K | ﹤0.01% |
13,850
-9,973
| -42% | -$61.6K |
|
11643
Tempest Therapeutics
TPST
$18.7M
| $84.5K | ﹤0.01% |
8,812
-682
| -7% | -$7.74K |
|
11644
MAIA Biotechnology
MAIA
$81.5M
| $84.3K | ﹤0.01% |
55,100
+43,451
| +373% | +$80.4K |
|
|
ZYXI
11645
DELISTED
Zynex
ZYXI
| $84.1K | ﹤0.01% |
+38,247
| New | +$250K |
|
11646
Broadwind
BWEN
$125M
| $84.1K | ﹤0.01% |
57,968
+39,405
| +212% | +$65.9K |
|
11647
Vera Bradley
VRA
$94.7M
| $84K | ﹤0.01% |
37,349
+22,513
| +152% | +$72.7K |
|
11648
Zura Bio
ZURA
$540M
| $83.9K | ﹤0.01% |
65,042
+40,476
| +165% | +$63.8K |
|
|
SLI
11649
Standard Lithium
SLI
$574M
| $83.5K | ﹤0.01% |
65,771
-40,563
| -38% | -$58.8K |
|
|
IMMP
11650
Immutep
IMMP
$59.5M
| $83.5K | ﹤0.01% |
47,457
-68,662
| -59% | -$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.