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 | |
|---|---|---|---|---|---|---|
11951
PUT
Babcock & Wilcox
BW
$1.39B
| $37.4K | ﹤0.01% |
55,800
+27,200
| +95% | +$33.6K |
|
|
GBIO
11952
DELISTED
Generation Bio
GBIO
| $37.4K | ﹤0.01% |
9,225
+6,946
| +305% | +$48.8K |
|
|
TOUR
11953
Tuniu
TOUR
$54.4M
| $37.2K | ﹤0.01% |
3,384
-2,992
| -47% | -$30.8K |
|
11954
Offerpad Solutions
OPAD
$21.8M
| $37.2K | ﹤0.01% |
+2,242
| New | +$48.8K |
|
11955
AirSculpt Technologies
AIRS
$244M
| $37.1K | ﹤0.01% |
+15,883
| New | +$71.3K |
|
|
CAPT
11956
PUT
DELISTED
Captivision
CAPT
| $37.1K | ﹤0.01% |
+78,900
| New | +$42.5K |
|
11957
PUT
Immunic
IMUX
$226M
| $37K | ﹤0.01% |
3,390
-14,070
| -81% | -$152K |
|
|
BQ
11958
Boqii Holding Ltd
BQ
$9.15M
| $36.9K | ﹤0.01% |
+17,415
| New | +$52.2K |
|
11959
DB Gold Double Short ETN due Feb 15 2038
DZZ
$3.11M
| $36.9K | ﹤0.01% |
22,629
-6,874
| -23% | -$11.3K |
|
11960
Metalpha Technology Holding
MATH
$38.5M
| $36.8K | ﹤0.01% |
21,670
-68,410
| -76% | -$121K |
|
|
SLI
11961
CALL
Standard Lithium
SLI
$574M
| $36.8K | ﹤0.01% |
29,000
-394,700
| -93% | -$572K |
|
11962
PUT
Diana Shipping
DSX
$307M
| $36.8K | ﹤0.01% |
23,600
+4,800
| +26% | +$8.71K |
|
11963
PUT
Ocean Power Technologies
OPTT
$55.4M
| $36.3K | ﹤0.01% |
79,000
-118,500
| -60% | -$85.2K |
|
|
TAIT
11964
DELISTED
Taitron Components
TAIT
| $36.3K | ﹤0.01% |
14,414
-1,088
| -7% | -$2.81K |
|
|
GAU
11965
PUT
Galiano Gold
GAU
$547M
| $36K | ﹤0.01% |
29,000
+18,000
| +164% | +$22.1K |
|
11966
CALL
Black Diamond Therapeutics
BDTX
$116M
| $35.6K | ﹤0.01% |
+23,000
| New | +$48.2K |
|
|
RJET
11967
Republic Airways Holdings
RJET
$964M
| $35.6K | ﹤0.01% |
+3,032
| New | +$51.8K |
|
11968
Gaotu Techedu
GOTU
$401M
| $35.6K | ﹤0.01% |
+10,940
| New | +$30.2K |
|
11969
Harvard Bioscience
HBIO
$30.4M
| $35.6K | ﹤0.01% |
6,281
+2,735
| +77% | +$35K |
|
11970
CALL
ProQR Therapeutics
PRQR
$261M
| $35.2K | ﹤0.01% |
26,500
+16,100
| +155% | +$34.3K |
|
11971
PUT
Smart Sand
SND
$213M
| $35.2K | ﹤0.01% |
+13,600
| New | +$31.9K |
|
|
BOLD
11972
Boundless Bio
BOLD
$63M
| $35.1K | ﹤0.01% |
+23,243
| New | +$48.2K |
|
|
AMRN
11973
CALL
Amarin Corp
AMRN
$299M
| $34.8K | ﹤0.01% |
3,865
-455
| -11% | -$4.82K |
|
|
CSCI
11974
DELISTED
COSCIENS Biopharma Inc. Common Stock
CSCI
| $34.6K | ﹤0.01% |
+11,907
| New | +$35.1K |
|
|
NEWP
11975
New Pacific Metals
NEWP
$1.24B
| $34.5K | ﹤0.01% |
31,225
-7,478
| -19% | -$8.89K |
|
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.