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 | |
|---|---|---|---|---|---|---|
|
ICAD
11826
CALL
DELISTED
iCAD Inc
ICAD
| $54.8K | ﹤0.01% |
26,600
+13,200
| +99% | +$33.6K |
|
11827
Southland Holdings
SLND
$29.1M
| $54.4K | ﹤0.01% |
18,205
+7,740
| +74% | +$25.1K |
|
11828
PUT
Alta Equipment Group
ALTG
$234M
| $54.4K | ﹤0.01% |
+11,600
| New | +$72.4K |
|
|
IVAC
11829
DELISTED
Intevac Inc
IVAC
| $54.3K | ﹤0.01% |
13,581
-22,262
| -62% | -$83.8K |
|
11830
PUT
One Stop Systems
OSS
$327M
| $54.1K | ﹤0.01% |
23,300
+1,100
| +5% | +$3.68K |
|
|
HMR
11831
Heidmar Maritime Holdings
HMR
$79.6M
| $54K | ﹤0.01% |
+17,477
| New | +$51.6K |
|
|
SCNX
11832
Scienture Holdings
SCNX
$18.9M
| $53.9K | ﹤0.01% |
+37,412
| New | +$117K |
|
|
NRT
11833
CALL
North European Oil Royalty Trust
NRT
$83.6M
| $53.9K | ﹤0.01% |
+11,200
| New | +$52.4K |
|
11834
CALL
Vanda Pharmaceuticals
VNDA
$304M
| $53.7K | ﹤0.01% |
+11,700
| New | +$54.5K |
|
11835
CALL
Ceragon Networks
CRNT
$198M
| $53.6K | ﹤0.01% |
22,800
-201,300
| -90% | -$738K |
|
11836
CALL
VirTra
VTSI
$38.1M
| $53.3K | ﹤0.01% |
13,100
-103,400
| -89% | -$618K |
|
|
SBT
11837
CALL
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $53.2K | ﹤0.01% |
+11,000
| New | +$52K |
|
11838
ClearSign Technologies
CLIR
$28.9M
| $53.2K | ﹤0.01% |
+7,089
| New | +$70.7K |
|
11839
Skye Bioscience
SKYE
$19M
| $53.1K | ﹤0.01% |
33,374
+17,024
| +104% | +$46.5K |
|
11840
PUT
Senseonics Holdings Inc
SENS
$409M
| $52.9K | ﹤0.01% |
4,010
+1,260
| +46% | +$20.8K |
|
11841
Lantern Pharma
LTRN
$33.6M
| $52.9K | ﹤0.01% |
14,949
-11,352
| -43% | -$47.1K |
|
11842
Avalon Holdings
AWX
$10.9M
| $52.7K | ﹤0.01% |
18,550
-7,230
| -28% | -$24.2K |
|
11843
PUT
James River Group Holdings
JRVR
$200M
| $52.5K | ﹤0.01% |
+12,500
| New | +$56.8K |
|
|
NRT
11844
North European Oil Royalty Trust
NRT
$83.6M
| $52.5K | ﹤0.01% |
10,911
-2,124
| -16% | -$9.94K |
|
|
SELF
11845
Global Self Storage
SELF
$58.9M
| $52.4K | ﹤0.01% |
10,401
-1,835
| -15% | -$9.41K |
|
11846
Roadzen
RDZN
$117M
| $52K | ﹤0.01% |
50,016
+34,009
| +212% | +$45.7K |
|
11847
CALL
Fortress Biotech
FBIO
$99M
| $51.9K | ﹤0.01% |
+33,300
| New | +$58.7K |
|
11848
PUT
MacroGenics
MGNX
$259M
| $51.9K | ﹤0.01% |
40,900
+10,000
| +32% | +$26.1K |
|
|
SVC
11849
CALL
Service Properties Trust
SVC
$1.06B
| $51.9K | ﹤0.01% |
+3,980
| New | +$53.9K |
|
11850
PUT
Rezolute
RZLT
$443M
| $51.9K | ﹤0.01% |
+17,900
| New | +$78K |
|
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.