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 | |
|---|---|---|---|---|---|---|
1201
CALL
Markel Group
MKL
$22.8B
| $38M | 0.01% |
20,300
-400
| -2% | -$736K |
|
1202
CALL
Roper Technologies
ROP
$39.3B
| $37.9M | 0.01% |
64,300
+27,800
| +76% | +$15.6M |
|
1203
CALL
Tradeweb Markets
TW
$22.3B
| $37.9M | 0.01% |
255,000
+53,600
| +27% | +$7.12M |
|
1204
Samsara
IOT
$24B
| $37.8M | 0.01% |
987,370
+718,166
| +267% | +$33.4M |
|
1205
CALL
SAP
SAP
$242B
| $37.8M | 0.01% |
140,900
+51,200
| +57% | +$13.9M |
|
1206
PUT
Brinker International
EAT
$10.2B
| $37.7M | 0.01% |
253,200
-72,000
| -22% | -$11.1M |
|
1207
ProShares UltraPro QQQ
TQQQ
$38.7B
| $37.7M | 0.01% |
1,314,580
+667,054
| +103% | +$25.3M |
|
1208
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.3M
| $37.6M | 0.01% |
950,100
-1,066,300
| -53% | -$55.1M |
|
1209
Monolithic Power Systems
MPWR
$67B
| $37.6M | 0.01% |
64,842
+13,131
| +25% | +$8.27M |
|
1210
CALL
West Pharmaceutical
WST
$24.4B
| $37.4M | 0.01% |
167,200
+33,500
| +25% | +$9.23M |
|
1211
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $37.4M | 0.01% |
461,312
+95,418
| +26% | +$8.53M |
|
1212
PUT
Seagate
STX
$209B
| $37.4M | 0.01% |
440,100
-134,200
| -23% | -$12.7M |
|
1213
CALL
CRH
CRH
$65B
| $37.4M | 0.01% |
424,900
-595,400
| -58% | -$58.6M |
|
1214
PUT
Advance Auto Parts
AAP
$3.46B
| $37.2M | 0.01% |
949,300
+101,900
| +12% | +$4.37M |
|
1215
TechnipFMC
FTI
$30.1B
| $37.2M | 0.01% |
1,174,500
+208,609
| +22% | +$6.25M |
|
1216
Iris Energy
IREN
$16B
| $37.2M | 0.01% |
6,111,529
+1,906,385
| +45% | +$18.6M |
|
1217
CALL
Otis Worldwide
OTIS
$27.8B
| $37.2M | 0.01% |
360,600
-317,100
| -47% | -$31M |
|
1218
PUT
GitLab
GTLB
$7.32B
| $37.2M | 0.01% |
790,600
+232,200
| +42% | +$14.2M |
|
1219
PUT
XP
XP
$8.18B
| $37.1M | 0.01% |
2,698,300
+2,438,400
| +938% | +$33.6M |
|
1220
CALL
Ecolab
ECL
$77.4B
| $37.1M | 0.01% |
146,200
+34,000
| +30% | +$8.57M |
|
1221
CALL
iShares Biotechnology ETF
IBB
$9.77B
| $37M | 0.01% |
289,600
-62,100
| -18% | -$8.42M |
|
1222
Rivian
RIVN
$22.9B
| $37M | 0.01% |
2,969,181
+2,454,340
| +477% | +$30.9M |
|
1223
Direxion Daily FTSE China Bull 3X ETF
YINN
$651M
| $36.9M | 0.01% |
890,630
+784,711
| +741% | +$29.2M |
|
1224
CALL
Colgate-Palmolive
CL
$74.1B
| $36.8M | 0.01% |
392,900
-430,100
| -52% | -$38.5M |
|
1225
PUT
Equifax
EFX
$21.8B
| $36.8M | 0.01% |
151,100
+133,900
| +778% | +$33.7M |
|
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.