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 | |
|---|---|---|---|---|---|---|
|
AGIG
12026
CALL
Abundia Global Impact Group
AGIG
$38.5M
| $28.6K | ﹤0.01% |
3,720
+1,410
| +61% | +$18.5K |
|
12027
CALL
DocGo
DCGO
$64.5M
| $28.5K | ﹤0.01% |
+10,800
| New | +$43.3K |
|
12028
Fathom Holdings
FTHM
$24.5M
| $28.5K | ﹤0.01% |
32,319
-10,202
| -24% | -$11.7K |
|
12029
PUT
Acumen Pharmaceuticals
ABOS
$184M
| $28.5K | ﹤0.01% |
25,900
-7,200
| -22% | -$10.3K |
|
|
XIN
12030
DELISTED
Xinyuan Real Estate
XIN
| $27.9K | ﹤0.01% |
+10,865
| New | +$30.2K |
|
|
BZAI
12031
PUT
Blaize Holdings
BZAI
$166M
| $27.9K | ﹤0.01% |
+13,800
| New | +$62.4K |
|
12032
CALL
Neumora Therapeutics
NMRA
$321M
| $27.8K | ﹤0.01% |
27,800
-410,000
| -94% | -$702K |
|
|
XHLD
12033
TEN Holdings
XHLD
$65.9M
| $27.6K | ﹤0.01% |
+1,842
| New | +$37.6K |
|
12034
CALL
Blink Charging
BLNK
$87.1M
| $27.5K | ﹤0.01% |
29,900
-172,600
| -85% | -$200K |
|
|
LYRA
12035
DELISTED
LYRA THERAPEUTICS INC
LYRA
| $27.5K | ﹤0.01% |
4,351
+2,282
| +110% | +$21.3K |
|
|
FOCL
12036
PUT
EDAP TMS S.A.
FOCL
$174M
| $27.4K | ﹤0.01% |
+14,000
| New | +$33.3K |
|
12037
PUT
Protalix BioTherapeutics
PLX
$190M
| $27.4K | ﹤0.01% |
+10,700
| New | +$25.6K |
|
12038
Century Therapeutics
IPSC
$349M
| $27.3K | ﹤0.01% |
57,435
+24,040
| +72% | +$18.1K |
|
12039
374Water
SCWO
$44.6M
| $27.2K | ﹤0.01% |
8,005
+5,217
| +187% | +$23.1K |
|
12040
CALL
Codexis
CDXS
$175M
| $27.2K | ﹤0.01% |
10,100
-31,900
| -76% | -$124K |
|
12041
Aqua Metals
AQMS
$10.1M
| $26.8K | ﹤0.01% |
1,433
-942
| -40% | -$19.4K |
|
|
ONL
12042
CALL
Orion Office REIT
ONL
$161M
| $26.8K | ﹤0.01% |
+12,500
| New | +$43.6K |
|
|
ORIO
12043
CALL
Orion Digital Corp
ORIO
$21.1M
| $26.7K | ﹤0.01% |
31,100
-161,700
| -84% | -$184K |
|
12044
CALL
Globus Maritime Ltd
GLBS
$80.3M
| $26.7K | ﹤0.01% |
22,100
-21,400
| -49% | -$27.8K |
|
12045
PUT
Caribou Biosciences
CRBU
$160M
| $26.7K | ﹤0.01% |
29,300
+300
| +1% | +$390 |
|
|
SLRN
12046
PUT
DELISTED
ACELYRIN
SLRN
| $26.4K | ﹤0.01% |
+10,700
| New | +$25.4K |
|
12047
Bridgeline Digital
BLIN
$13.9M
| $26.3K | ﹤0.01% |
+17,798
| New | +$29.5K |
|
12048
CALL
Castor Maritime
CTRM
$21.8M
| $26.2K | ﹤0.01% |
+11,500
| New | +$30.1K |
|
12049
PUT
Atossa Therapeutics
ATOS
$25.5M
| $26.2K | ﹤0.01% |
2,607
-2,240
| -46% | -$27.2K |
|
12050
CALL
LanzaTech
LNZA
$68.9M
| $25.9K | ﹤0.01% |
+1,081
| New | +$97.3K |
|
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.