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 | |
|---|---|---|---|---|---|---|
|
CLYM
11851
Climb Bio
CLYM
$846M
| $51.9K | ﹤0.01% |
42,506
+28,260
| +198% | +$45.8K |
|
|
BZAI
11852
Blaize Holdings
BZAI
$166M
| $51.7K | ﹤0.01% |
+25,584
| New | +$116K |
|
11853
CALL
Conduent
CNDT
$252M
| $51.6K | ﹤0.01% |
19,100
-5,800
| -23% | -$21.2K |
|
11854
Sadot Group
SDOT
$11.5M
| $51.1K | ﹤0.01% |
95
+44
| +86% | +$27.5K |
|
11855
Intelligent Bio Solutions
INBS
$9.05M
| $51.1K | ﹤0.01% |
+3,549
| New | +$66.2K |
|
|
CAN
11856
Canaan Creative
CAN
$159M
| $51.1K | ﹤0.01% |
58,191
-462,951
| -89% | -$736K |
|
|
RAPT
11857
DELISTED
RAPT Therapeutics
RAPT
| $50.8K | ﹤0.01% |
5,207
+1,515
| +41% | +$14.9K |
|
|
SVCO
11858
Silvaco Group
SVCO
$250M
| $50.7K | ﹤0.01% |
+11,116
| New | +$76K |
|
|
LNAI
11859
CALL
Lunai Bioworks
LNAI
$10.2M
| $50.4K | ﹤0.01% |
1,168
+704
| +152% | +$45.1K |
|
11860
Xtant Medical Holdings
XTNT
$43.8M
| $50.3K | ﹤0.01% |
107,123
-77,566
| -42% | -$40.8K |
|
11861
CALL
Toro Corp
TORO
$195M
| $50K | ﹤0.01% |
+20,400
| New | +$55.9K |
|
11862
PUT
GSI Technology
GSIT
$260M
| $49.9K | ﹤0.01% |
24,600
+6,000
| +32% | +$17.5K |
|
|
GPMT
11863
PUT
Granite Point Mortgage Trust
GPMT
$58.8M
| $49.9K | ﹤0.01% |
19,200
-1,300
| -6% | -$3.7K |
|
|
OPI
11864
DELISTED
Office Properties Income Trust
OPI
| $49.7K | ﹤0.01% |
109,015
-264,496
| -71% | -$226K |
|
11865
Milestone Pharmaceuticals
MIST
$133M
| $49.7K | ﹤0.01% |
62,060
+28,968
| +88% | +$57.6K |
|
11866
PUT
AtaiBeckley Inc
ATAI
$2.69B
| $49.6K | ﹤0.01% |
36,500
+8,900
| +32% | +$15K |
|
11867
PUT
Hycroft Mining Holding Corp
HYMC
$2.48B
| $49.6K | ﹤0.01% |
15,300
-145,100
| -90% | -$373K |
|
11868
Mobile Infrastructure Corp
BEEP
$100M
| $49.5K | ﹤0.01% |
+11,879
| New | +$45.8K |
|
|
SLRN
11869
CALL
DELISTED
ACELYRIN
SLRN
| $49.4K | ﹤0.01% |
+20,000
| New | +$47.6K |
|
11870
CALL
Phunware
PHUN
$43.4M
| $49.3K | ﹤0.01% |
16,700
-19,800
| -54% | -$76K |
|
11871
Beam Global
BEEM
$25.5M
| $49.2K | ﹤0.01% |
24,114
-72,116
| -75% | -$186K |
|
11872
PUT
Zentalis Pharmaceuticals
ZNTL
$297M
| $49.1K | ﹤0.01% |
30,900
+16,100
| +109% | +$34.7K |
|
|
VXRT
11873
DELISTED
Vaxart
VXRT
| $49.1K | ﹤0.01% |
120,702
-208,095
| -63% | -$133K |
|
11874
Shattuck Labs
STTK
$735M
| $48.9K | ﹤0.01% |
51,438
+14,986
| +41% | +$18.5K |
|
11875
CALL
Bionano Genomics
BNGO
$13.5M
| $48.8K | ﹤0.01% |
+17,500
| New | +$115K |
|
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.