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 | |
|---|---|---|---|---|---|---|
|
LAR
11751
CALL
Lithium Argentina AG
LAR
$1.11B
| $68.1K | ﹤0.01% |
+31,800
| New | +$80.2K |
|
11752
Gilat Satellite Networks
GILT
$886M
| $68K | ﹤0.01% |
10,715
-22,241
| -67% | -$155K |
|
11753
PUT
T-Rex 2X Inverse NVIDIA Daily Target ETF
NVDQ
$13.6M
| $67.9K | ﹤0.01% |
+900
| New | +$57.5K |
|
|
GAU
11754
Galiano Gold
GAU
$547M
| $67.8K | ﹤0.01% |
54,711
-34,317
| -39% | -$42.2K |
|
|
OCFT
11755
CALL
DELISTED
OneConnect Financial Technology
OCFT
| $67.7K | ﹤0.01% |
+10,100
| New | +$44.7K |
|
11756
Fractyl Health
GUTS
$105M
| $67.5K | ﹤0.01% |
56,694
+14,320
| +34% | +$22.9K |
|
11757
Astrotech Corp
ASTC
$17.9M
| $67.1K | ﹤0.01% |
+10,355
| New | +$68.5K |
|
11758
TScan Therapeutics
TCRX
$52.3M
| $67.1K | ﹤0.01% |
48,603
+22,768
| +88% | +$49.2K |
|
11759
Sutro Biopharma
STRO
$353M
| $66.6K | ﹤0.01% |
10,234
+2,887
| +39% | +$45.5K |
|
11760
Kyverna Therapeutics
KYTX
$500M
| $66.5K | ﹤0.01% |
34,453
+21,880
| +174% | +$64.7K |
|
11761
Flux Power
FLUX
$12.7M
| $66.4K | ﹤0.01% |
38,595
-56,352
| -59% | -$93.2K |
|
11762
Xenetic Biosciences
XBIO
$7.54M
| $66.3K | ﹤0.01% |
25,388
+9,529
| +60% | +$37.3K |
|
11763
CALL
Playtika
PLTK
$961M
| $66.2K | ﹤0.01% |
12,800
+900
| +8% | +$5.64K |
|
|
CODX
11764
Co-Diagnostics
CODX
$5.49M
| $66K | ﹤0.01% |
7,111
-1,527
| -18% | -$29.2K |
|
|
SIFY
11765
PUT
Sify Technologies
SIFY
$1.15B
| $65.9K | ﹤0.01% |
+15,400
| New | +$61.4K |
|
11766
PUT
Ocugen
OCGN
$458M
| $65.7K | ﹤0.01% |
92,600
-23,500
| -20% | -$16.3K |
|
11767
LiveOne
LVO
$59.4M
| $65.6K | ﹤0.01% |
9,387
+3,075
| +49% | +$30.3K |
|
|
HLVX
11768
DELISTED
HilleVax
HLVX
| $65.4K | ﹤0.01% |
45,132
+31,298
| +226% | +$57.8K |
|
|
UBX
11769
DELISTED
Unity Biotechnology
UBX
| $65.2K | ﹤0.01% |
62,736
+44,046
| +236% | +$79.6K |
|
|
ESPR
11770
CALL
DELISTED
Esperion Therapeutics
ESPR
| $65.2K | ﹤0.01% |
45,300
-179,200
| -80% | -$330K |
|
11771
CALL
Stereotaxis
STXS
$137M
| $65.1K | ﹤0.01% |
37,000
-98,200
| -73% | -$209K |
|
11772
CALL
Skye Bioscience
SKYE
$19M
| $64.9K | ﹤0.01% |
+40,800
| New | +$111K |
|
11773
PUT
Everspin Technologies
MRAM
$410M
| $64.8K | ﹤0.01% |
+12,700
| New | +$73.6K |
|
11774
ImmuCell
ICCC
$98.6M
| $64.7K | ﹤0.01% |
13,501
+1,897
| +16% | +$9.74K |
|
11775
CALL
Solid Power
SLDP
$545M
| $64.4K | ﹤0.01% |
61,300
-13,200
| -18% | -$18.1K |
|
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.