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 | |
|---|---|---|---|---|---|---|
11901
Marine Petroleum Trust
MARPS
$9.5M
| $44.3K | ﹤0.01% |
+11,398
| New | +$45.9K |
|
11902
Globus Maritime Ltd
GLBS
$80.3M
| $43.8K | ﹤0.01% |
36,176
-23,459
| -39% | -$30.5K |
|
|
AIFA
11903
All In FutureTech Alliance Inc
AIFA
$18.6M
| $43.7K | ﹤0.01% |
7,145
-607
| -8% | -$3.74K |
|
11904
Solitario Resources
XPL
$73.9M
| $43.3K | ﹤0.01% |
72,086
-101,517
| -58% | -$66.6K |
|
11905
CALL
Veru
VERU
$46M
| $43.2K | ﹤0.01% |
8,820
-13,810
| -61% | -$85.6K |
|
11906
Karyopharm Therapeutics
KPTI
$45.1M
| $43.2K | ﹤0.01% |
11,548
-32,728
| -74% | -$279K |
|
11907
Zedge
ZDGE
$38.9M
| $43.2K | ﹤0.01% |
18,528
-6,414
| -26% | -$16.3K |
|
|
AGEN
11908
Agenus
AGEN
$315M
| $43K | ﹤0.01% |
28,581
-100,581
| -78% | -$290K |
|
|
BTOC
11909
Armlogi Holding Corp
BTOC
$13.3M
| $42.9K | ﹤0.01% |
+42,935
| New | +$122K |
|
11910
CALL
Annexon
ANNX
$862M
| $42.8K | ﹤0.01% |
22,200
-108,000
| -83% | -$359K |
|
11911
PUT
Lexeo Therapeutics
LXEO
$407M
| $42.7K | ﹤0.01% |
+12,300
| New | +$54.5K |
|
|
GAN
11912
DELISTED
GAN Ltd
GAN
| $42.5K | ﹤0.01% |
24,009
-27,556
| -53% | -$49.7K |
|
11913
PUT
Prime Medicine
PRME
$575M
| $42.4K | ﹤0.01% |
21,300
-5,100
| -19% | -$13K |
|
|
XXII
11914
22nd Century Group
XXII
$1.42M
| $42.2K | ﹤0.01% |
+4
| New | +$95.2K |
|
11915
CVD Equipment Corp
CVV
$52.1M
| $42K | ﹤0.01% |
+13,684
| New | +$47K |
|
|
LITS
11916
Lite Strategy Inc
LITS
$30.5M
| $41.8K | ﹤0.01% |
19,095
-3,531
| -16% | -$9.17K |
|
|
MTA
11917
PUT
Metalla Royalty & Streaming
MTA
$848M
| $41.8K | ﹤0.01% |
14,600
-17,800
| -55% | -$51.5K |
|
|
MASK
11918
3 E Network Technology Group
MASK
$4.91M
| $41.7K | ﹤0.01% |
+448
| New | +$33K |
|
11919
Ebang International Holdings
EBON
$12.2M
| $41.3K | ﹤0.01% |
+10,610
| New | +$55.3K |
|
11920
CALL
Annovis Bio
ANVS
$76.1M
| $41.3K | ﹤0.01% |
27,500
-293,200
| -91% | -$897K |
|
|
11921
PUT
Karyopharm Therapeutics
KPTI
$45.1M
| $41.1K | ﹤0.01% |
11,000
+9,420
| +596% | +$80.4K |
|
11922
PUT
Microbot Medical
MBOT
$113M
| $41.1K | ﹤0.01% |
+27,200
| New | +$48.1K |
|
|
FLNT
11923
Fluent
FLNT
$132M
| $41K | ﹤0.01% |
18,798
-6,348
| -25% | -$16.8K |
|
11924
Nephros
NEPH
$50.9M
| $40.6K | ﹤0.01% |
23,618
-184
| -0.8% | -$289 |
|
11925
Armata Pharmaceuticals
ARMP
$177M
| $40.4K | ﹤0.01% |
27,681
-22,107
| -44% | -$44K |
|
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.