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 | |
|---|---|---|---|---|---|---|
|
MODV
12001
DELISTED
ModivCare
MODV
| $30.8K | ﹤0.01% |
23,426
+9,818
| +72% | +$47.5K |
|
12002
PDS Biotechnology
PDSB
$13M
| $30.6K | ﹤0.01% |
25,753
-221,224
| -90% | -$315K |
|
12003
PUT
E.W. Scripps
SSP
$310M
| $30.5K | ﹤0.01% |
+10,300
| New | +$22.5K |
|
|
GITS
12004
Global Interactive Technologies
GITS
$7.09M
| $30.5K | ﹤0.01% |
+24,976
| New | +$63.9K |
|
12005
CALL
Goldgroup Mining Inc.
GORO
$211M
| $30.4K | ﹤0.01% |
59,700
+31,600
| +112% | +$13.1K |
|
|
CLSD
12006
DELISTED
Clearside Biomedical
CLSD
| $30.4K | ﹤0.01% |
2,211
-1,725
| -44% | -$24.8K |
|
12007
CareCloud
CCLD
$104M
| $30.4K | ﹤0.01% |
21,853
+7,885
| +56% | +$23.2K |
|
12008
CALL
Kaixin Holdings
KXIN
$8.47M
| $30.3K | ﹤0.01% |
72
-16
| -18% | -$9.22K |
|
|
ENFY
12009
DELISTED
Enlightify Inc
ENFY
| $30.1K | ﹤0.01% |
+28,024
| New | +$31.9K |
|
12010
Tevogen Inc. Common Stock
TVGN
$27.7M
| $30.1K | ﹤0.01% |
+557
| New | +$36.6K |
|
12011
CALL
C4 Therapeutics
CCCC
$502M
| $30.1K | ﹤0.01% |
18,800
+900
| +5% | +$2.68K |
|
|
PRPH
12012
DELISTED
ProPhase Labs
PRPH
| $29.9K | ﹤0.01% |
7,401
+2,706
| +58% | +$12.4K |
|
12013
PUT
Aqua Metals
AQMS
$10.1M
| $29.9K | ﹤0.01% |
+1,600
| New | +$33K |
|
12014
AgEagle Aerial Systems
UAVS
$62.7M
| $29.9K | ﹤0.01% |
23,168
| – | – |
|
12015
Acrivon Therapeutics
ACRV
$79.2M
| $29.6K | ﹤0.01% |
+14,580
| New | +$78.5K |
|
12016
CALL
Valens Semiconductor
VLN
$210M
| $29.6K | ﹤0.01% |
+14,500
| New | +$36K |
|
|
DADA
12017
CALL
DELISTED
Dada Nexus
DADA
| $29.4K | ﹤0.01% |
+15,900
| New | +$27.4K |
|
12018
Usio Inc
USIO
$71.5M
| $29.3K | ﹤0.01% |
+20,083
| New | +$36.3K |
|
12019
Inuvo
INUV
$14.2M
| $29.3K | ﹤0.01% |
8,256
+5,335
| +183% | +$24.4K |
|
12020
CALL
Rani Therapeutics
RANI
$89.7M
| $29K | ﹤0.01% |
23,000
-17,700
| -43% | -$26.2K |
|
12021
SCYNEXIS
SCYX
$50.9M
| $29K | ﹤0.01% |
+3,803
| New | +$32.9K |
|
|
IGMS
12022
DELISTED
IGM Biosciences
IGMS
| $29K | ﹤0.01% |
25,180
-7,187
| -22% | -$13.4K |
|
|
HEPS
12023
CALL
D-Market Electronic Services & Trading
HEPS
$1.01B
| $28.8K | ﹤0.01% |
+10,100
| New | +$32.7K |
|
|
NXDR
12024
CALL
Nextdoor Holdings
NXDR
$998M
| $28.8K | ﹤0.01% |
18,800
-6,800
| -27% | -$15.2K |
|
12025
One Stop Systems
OSS
$327M
| $28.7K | ﹤0.01% |
12,385
+293
| +2% | +$981 |
|
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.