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 | |
|---|---|---|---|---|---|---|
12051
PUT
Telos
TLS
$344M
| $25.9K | ﹤0.01% |
10,900
-6,700
| -38% | -$20.5K |
|
12052
Ovid Therapeutics
OVID
$523M
| $25.9K | ﹤0.01% |
83,084
+37,964
| +84% | +$23.3K |
|
12053
PUT
Milestone Pharmaceuticals
MIST
$133M
| $25.7K | ﹤0.01% |
32,100
+15,100
| +89% | +$30K |
|
|
MRDN
12054
PUT
Meridian Holdings Inc
MRDN
$178M
| $25.6K | ﹤0.01% |
1,083
+33
| +3% | +$801 |
|
|
CAPT
12055
DELISTED
Captivision
CAPT
| $25.6K | ﹤0.01% |
+53,939
| New | +$29K |
|
|
STLN
12056
Starling Oncology, Inc. Common Stock
STLN
$638M
| $25.5K | ﹤0.01% |
+22,388
| New | +$17.3K |
|
12057
PUT
Paysign
PAYS
$735M
| $25.4K | ﹤0.01% |
+12,000
| New | +$32K |
|
12058
Versus Systems
VS
$8.45M
| $25.2K | ﹤0.01% |
+12,075
| New | +$26.4K |
|
12059
Newegg Commerce
NEGG
$397M
| $25.1K | ﹤0.01% |
4,869
-9,044
| -65% | -$72.7K |
|
|
BPT
12060
DELISTED
BP Prudhoe Bay Royalty Trust
BPT
| $25.1K | ﹤0.01% |
45,338
-15,660
| -26% | -$8.87K |
|
12061
Ampco-Pittsburgh
AP
$190M
| $24.9K | ﹤0.01% |
11,466
-5,808
| -34% | -$12.8K |
|
12062
CALL
CBAK Energy Technology Ltd
CBAT
$65.5M
| $24.9K | ﹤0.01% |
31,100
-21,500
| -41% | -$19.1K |
|
12063
Modular Medical
MODD
$10.1M
| $24.8K | ﹤0.01% |
+759
| New | +$25.3K |
|
|
ASRT
12064
DELISTED
Assertio
ASRT
| $24.6K | ﹤0.01% |
2,427
+242
| +11% | +$2.88K |
|
12065
Retractable Technologies
RVP
$20.3M
| $24.4K | ﹤0.01% |
34,638
+14,710
| +74% | +$11.4K |
|
12066
PUT
Chegg
CHGG
$89.3M
| $24.3K | ﹤0.01% |
38,000
-158,200
| -81% | -$196K |
|
12067
Brilliant Earth
BRLT
$23M
| $24.2K | ﹤0.01% |
15,287
-16,898
| -53% | -$27.5K |
|
12068
Scilex Holding
SCLX
$47.4M
| $24.1K | ﹤0.01% |
2,772
+629
| +29% | +$7.9K |
|
|
DADA
12069
PUT
DELISTED
Dada Nexus
DADA
| $24.1K | ﹤0.01% |
13,000
-7,500
| -37% | -$12.9K |
|
12070
Verrica Pharmaceuticals
VRCA
$83.5M
| $23.9K | ﹤0.01% |
+5,412
| New | +$35K |
|
12071
CALL
Coherus Oncology
CHRS
$176M
| $23.8K | ﹤0.01% |
29,400
-856,500
| -97% | -$986K |
|
12072
Globavend
GVH
$2.42M
| $23.7K | ﹤0.01% |
+209
| New | +$29.3K |
|
|
ZTEK
12073
Zentek
ZTEK
$80.3M
| $23.7K | ﹤0.01% |
+21,318
| New | +$22.5K |
|
|
RJET
12074
CALL
Republic Airways Holdings
RJET
$964M
| $23.2K | ﹤0.01% |
+1,987
| New | +$34K |
|
|
PWCM
12075
PowerCompute, Inc. Common Stock
PWCM
$1.42M
| $23.1K | ﹤0.01% |
+745
| New | +$32.7K |
|
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.