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 | |
|---|---|---|---|---|---|---|
11976
Tenon Medical
TNON
$2.96M
| $34.4K | ﹤0.01% |
+466
| New | +$26.2K |
|
11977
CPS Technologies
CPSH
$83M
| $34.4K | ﹤0.01% |
+21,617
| New | +$36.8K |
|
11978
CALL
Vivid Seats
SEAT
$80.5M
| $34.3K | ﹤0.01% |
580
-61,665
| -99% | -$4.96M |
|
11979
MarketWise
MKTW
$53.1M
| $33.7K | ﹤0.01% |
3,414
+651
| +24% | +$7.79K |
|
|
MURA
11980
CALL
DELISTED
Mural Oncology
MURA
| $33.5K | ﹤0.01% |
+26,600
| New | +$97K |
|
|
DMRA
11981
Damora Therapeutics, Inc. Ordinary Shares
DMRA
$1.9B
| $33.2K | ﹤0.01% |
+10,722
| New | +$50.5K |
|
11982
PUT
Fortress Biotech
FBIO
$99M
| $33.2K | ﹤0.01% |
+21,300
| New | +$37.5K |
|
11983
Greenland Technologies Holding
GTEC
$19.1M
| $33.2K | ﹤0.01% |
18,981
-15,597
| -45% | -$29.3K |
|
11984
DNA X Inc
SONM
$5.05M
| $33.1K | ﹤0.01% |
+860
| New | +$41K |
|
11985
PUT
Clean Energy Fuels
CLNE
$395M
| $33K | ﹤0.01% |
21,300
-45,200
| -68% | -$115K |
|
11986
CALL
Fuel Tech
FTEK
$45.3M
| $32.7K | ﹤0.01% |
31,100
-10,000
| -24% | -$9.93K |
|
11987
PUT
Westwater Resources
WWR
$75.2M
| $32.2K | ﹤0.01% |
58,600
+19,800
| +51% | +$15.4K |
|
11988
NeoVolta
NEOV
$202M
| $32.1K | ﹤0.01% |
14,800
-14
| -0.1% | -$47 |
|
11989
PUT
Odyssey Marine Exploration
OMEX
$53.4M
| $31.9K | ﹤0.01% |
79,700
-32,000
| -29% | -$16.3K |
|
|
UHG
11990
DELISTED
United Homes Group
UHG
| $31.9K | ﹤0.01% |
+11,385
| New | +$44.1K |
|
11991
FibroBiologics
FBLG
$7.66M
| $31.7K | ﹤0.01% |
1,760
+1,113
| +172% | +$31.8K |
|
|
NINE
11992
CALL
DELISTED
Nine Energy Service
NINE
| $31.5K | ﹤0.01% |
27,900
+11,300
| +68% | +$13.9K |
|
|
AKYA
11993
CALL
DELISTED
Akoya BioSciences
AKYA
| $31.3K | ﹤0.01% |
22,500
| – | – |
|
11994
Huadi International Group
HUDI
$13.4M
| $31.3K | ﹤0.01% |
19,907
+4,190
| +27% | +$6.76K |
|
|
OLPX
11995
CALL
DELISTED
Olaplex Holdings
OLPX
| $31.2K | ﹤0.01% |
24,600
-11,100
| -31% | -$16.4K |
|
11996
Workhorse Group
WKHS
$33.1M
| $31.1K | ﹤0.01% |
1,410
-4,525
| -76% | -$319K |
|
|
SY
11997
So-Young International
SY
$221M
| $31.1K | ﹤0.01% |
+35,178
| New | +$32.3K |
|
|
SOHO
11998
DELISTED
Sotherly Hotels
SOHO
| $31.1K | ﹤0.01% |
44,371
-15,180
| -25% | -$12.5K |
|
11999
PUT
Black Diamond Therapeutics
BDTX
$116M
| $31K | ﹤0.01% |
20,000
-6,900
| -26% | -$14.5K |
|
12000
Presidio Property Trust
SQFT
$2.09M
| $30.8K | ﹤0.01% |
5,365
-686
| -11% | -$4.5K |
|
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.