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 | |
|---|---|---|---|---|---|---|
12176
CALL
MacroGenics
MGNX
$263M
| $15.1K | ﹤0.01% |
+11,900
| New | +$31.1K |
|
12177
CDT Equity Inc
CDT
$1.94M
| $15.1K | ﹤0.01% |
+1
| New | +$90.2K |
|
12178
Sphere 3D
ANY
$17.8M
| $15K | ﹤0.01% |
3,761
-8,685
| -70% | -$64.3K |
|
12179
Bridger Aerospace
BAER
$73.5M
| $14.8K | ﹤0.01% |
+13,093
| New | +$28.8K |
|
12180
CALL
Invivyd
IVVD
$204M
| $14.7K | ﹤0.01% |
+24,100
| New | +$21.6K |
|
|
NVX
12181
NOVONIX
NVX
$107M
| $14.6K | ﹤0.01% |
12,693
-12,166
| -49% | -$17.2K |
|
12182
CALL
Energy Vault
NRGV
$694M
| $14.5K | ﹤0.01% |
20,700
-28,900
| -58% | -$44.4K |
|
|
APM
12183
DELISTED
Aptorum Group
APM
| $14.5K | ﹤0.01% |
+17,208
| New | +$19.7K |
|
12184
PUT
Ring Energy
REI
$347M
| $14.4K | ﹤0.01% |
12,500
-25,700
| -67% | -$33.5K |
|
12185
Bakkt Inc Warrants
BKKT.WS
$215K
| $14.4K | ﹤0.01% |
65,313
| – | – |
|
12186
Dawson Geophysical
DWSN
$138M
| $14.3K | ﹤0.01% |
11,665
-7,420
| -39% | -$10.3K |
|
|
NESRW
12187
DELISTED
National Energy Services Reunited Corp. Warrant
NESRW
| $14.1K | ﹤0.01% |
+39,266
| New | +$15.8K |
|
|
RZLV
12188
PUT
Rezolve AI
RZLV
$1.07B
| $14K | ﹤0.01% |
+11,600
| New | +$27.4K |
|
12189
Beyond Air
XAIR
$5.66M
| $13.9K | ﹤0.01% |
+128
| New | +$17.4K |
|
12190
Galectin Therapeutics
GALT
$344M
| $13.8K | ﹤0.01% |
11,345
+1,092
| +11% | +$1.53K |
|
|
MKDW
12191
MKDWELL Tech Inc
MKDW
$49.1M
| $13.5K | ﹤0.01% |
1,516
-1,749
| -54% | -$25.1K |
|
|
CMLS
12192
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $13.5K | ﹤0.01% |
+30,541
| New | +$22.1K |
|
12193
Matinas BioPharma
MTNB
$1.52M
| $13.3K | ﹤0.01% |
25,610
+1,808
| +8% | +$1.07K |
|
|
OGI
12194
Organigram Holdings
OGI
$176M
| $13.3K | ﹤0.01% |
+13,148
| New | +$17.5K |
|
|
CAPT
12195
CALL
DELISTED
Captivision
CAPT
| $13.1K | ﹤0.01% |
+27,900
| New | +$15K |
|
12196
Greenpro Capital
GRNQ
$16.7M
| $12.9K | ﹤0.01% |
1,444
-1,573
| -52% | -$1.62K |
|
12197
New Concept Energy
GBR
$3.69M
| $12.7K | ﹤0.01% |
16,534
-23,627
| -59% | -$25.9K |
|
12198
CALL
SELLAS Life Sciences
SLS
$2.46B
| $12.3K | ﹤0.01% |
11,400
-1,523,400
| -99% | -$1.81M |
|
|
APLT
12199
CALL
DELISTED
Applied Therapeutics
APLT
| $12.3K | ﹤0.01% |
25,100
-143,600
| -85% | -$84.6K |
|
12200
Shengfeng Development Ltd
SFWL
$73.1M
| $12K | ﹤0.01% |
+11,880
| New | +$12K |
|
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.