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 | |
|---|---|---|---|---|---|---|
11701
PUT
Allogene Therapeutics
ALLO
$683M
| $75.5K | ﹤0.01% |
51,700
+13,800
| +36% | +$26K |
|
11702
TRX Gold Corp
TRX
$341M
| $75.5K | ﹤0.01% |
242,667
-288,729
| -54% | -$91.1K |
|
11703
CALL
Quest Resource Holding
QRHC
$30.8M
| $75.4K | ﹤0.01% |
+29,000
| New | +$137K |
|
11704
SEALSQ Corp
LAES
$633M
| $75.4K | ﹤0.01% |
+28,997
| New | +$108K |
|
|
FT
11705
Franklin Universal Trust
FT
$198M
| $75.4K | ﹤0.01% |
10,012
-5,220
| -34% | -$39.2K |
|
11706
PUT
RLX Technology
RLX
$2.44B
| $75.4K | ﹤0.01% |
40,100
-11,800
| -23% | -$26.2K |
|
|
LNAI
11707
Lunai Bioworks
LNAI
$10.2M
| $75.4K | ﹤0.01% |
1,735
+963
| +125% | +$61.6K |
|
11708
OptimumBank Holdings
OPHC
$116M
| $75.2K | ﹤0.01% |
+18,287
| New | +$82K |
|
|
FORA
11709
DELISTED
Forian
FORA
| $75.1K | ﹤0.01% |
+37,559
| New | +$83.7K |
|
|
GLO
11710
Clough Global Opportunities Fund
GLO
$257M
| $75K | ﹤0.01% |
15,336
-40,124
| -72% | -$207K |
|
11711
PUT
Xeris Biopharma Holdings
XERS
$1.52B
| $74.7K | ﹤0.01% |
+13,600
| New | +$54.9K |
|
|
SRTA
11712
PUT
Strata Critical Medical Inc
SRTA
$528M
| $74.5K | ﹤0.01% |
27,300
+11,700
| +75% | +$42K |
|
|
BHR
11713
CALL
Braemar Hotels & Resorts
BHR
$139M
| $74.5K | ﹤0.01% |
29,900
-50,700
| -63% | -$138K |
|
11714
CALL
Sasol
SSL
$7.17B
| $74.4K | ﹤0.01% |
17,600
-200
| -1% | -$907 |
|
11715
CBAK Energy Technology Ltd
CBAT
$65.5M
| $74.3K | ﹤0.01% |
93,249
+83,182
| +826% | +$73.7K |
|
|
ORGN
11716
PUT
DELISTED
Origin Materials
ORGN
| $74.3K | ﹤0.01% |
3,750
+410
| +12% | +$11.3K |
|
11717
Cibus
CBUS
$145M
| $74.1K | ﹤0.01% |
39,611
+11,650
| +42% | +$27.3K |
|
11718
CALL
Gran Tierra Energy
GTE
$336M
| $74K | ﹤0.01% |
15,000
-13,300
| -47% | -$76.3K |
|
|
BZAI
11719
CALL
Blaize Holdings
BZAI
$166M
| $73.5K | ﹤0.01% |
+36,400
| New | +$165K |
|
11720
CALL
3D Systems Corp
DDD
$601M
| $73.4K | ﹤0.01% |
34,600
-197,300
| -85% | -$671K |
|
11721
PUT
PetMed Express
PETS
$43.4M
| $73.3K | ﹤0.01% |
17,500
-11,500
| -40% | -$52.2K |
|
|
KYNB
11722
CALL
Kyntra Bio
KYNB
$28.5M
| $73.2K | ﹤0.01% |
9,440
+2,944
| +45% | +$35.3K |
|
|
ARTV
11723
Artiva Biotherapeutics
ARTV
$552M
| $73.1K | ﹤0.01% |
+24,357
| New | +$131K |
|
11724
Worksport
WKSP
$10.4M
| $72.8K | ﹤0.01% |
22,809
+10,567
| +86% | +$77.1K |
|
11725
Reborn Coffee
REBN
$11.2M
| $72.7K | ﹤0.01% |
+19,713
| New | +$70.8K |
|
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.