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 | |
|---|---|---|---|---|---|---|
1426
CALL
Tower Semiconductor
TSEM
$28.6B
| $28.5M | ﹤0.01% |
800,600
-367,100
| -31% | -$16.6M |
|
1427
Align Technology
ALGN
$12.5B
| $28.5M | ﹤0.01% |
179,552
+49,587
| +38% | +$9.73M |
|
1428
Lyft
LYFT
$6.48B
| $28.5M | ﹤0.01% |
2,401,960
+2,370,449
| +7,523% | +$30.9M |
|
|
GAP
1429
PUT
The Gap Inc
GAP
$7.34B
| $28.5M | ﹤0.01% |
1,381,000
-197,200
| -12% | -$4.43M |
|
1430
PUT
PACCAR
PCAR
$68.8B
| $28.5M | ﹤0.01% |
292,300
+57,600
| +25% | +$6.08M |
|
1431
CALL
Canadian Pacific Kansas City
CP
$82.6B
| $28.5M | ﹤0.01% |
405,300
+270,800
| +201% | +$20.6M |
|
1432
Coherent
COHR
$64B
| $28.5M | ﹤0.01% |
438,109
+433,974
| +10,495% | +$36M |
|
|
MSTX
1433
CALL
Defiance Daily Target 2x Long MSTR ETF
MSTX
$138M
| $28.4M | ﹤0.01% |
110,130
+25,480
| +30% | +$9.66M |
|
1434
CALL
Copart
CPRT
$27.2B
| $28.4M | ﹤0.01% |
502,000
-17,600
| -3% | -$990K |
|
1435
PUT
Illumina
ILMN
$29.1B
| $28.4M | ﹤0.01% |
357,600
-189,300
| -35% | -$20.5M |
|
1436
APA Corp
APA
$14B
| $28.4M | ﹤0.01% |
1,349,187
-44,821
| -3% | -$985K |
|
1437
PUT
Becton Dickinson
BDX
$49.6B
| $28.3M | ﹤0.01% |
123,400
-43,200
| -26% | -$10M |
|
1438
CALL
Plains All American Pipeline
PAA
$16.5B
| $28.3M | ﹤0.01% |
1,413,000
+607,100
| +75% | +$12M |
|
1439
CALL
Moody's
MCO
$84.6B
| $28.2M | ﹤0.01% |
60,600
+7,300
| +14% | +$3.52M |
|
1440
VanEck Oil Services ETF
OIH
$1.95B
| $28.2M | ﹤0.01% |
107,520
+36,390
| +51% | +$9.92M |
|
|
PRMB
1441
Primo Brands
PRMB
$8.97B
| $28.2M | ﹤0.01% |
793,613
-256,529
| -24% | -$8.38M |
|
1442
Prologis
PLD
$134B
| $28.2M | ﹤0.01% |
251,829
-195,323
| -44% | -$22.6M |
|
|
SILA
1443
DELISTED
Sila Realty Trust
SILA
| $28.1M | ﹤0.01% |
1,053,640
+247,333
| +31% | +$6.17M |
|
1444
PUT
LPL Financial
LPLA
$29.5B
| $28.1M | ﹤0.01% |
85,900
+37,500
| +77% | +$13.1M |
|
1445
AT&T
T
$168B
| $28.1M | ﹤0.01% |
993,484
-2,086,999
| -68% | -$52.5M |
|
1446
CALL
Groupon
GRPN
$894M
| $27.9M | ﹤0.01% |
1,488,100
+108,800
| +8% | +$1.38M |
|
1447
KE Holdings
BEKE
$18.7B
| $27.9M | ﹤0.01% |
1,389,494
+1,152,404
| +486% | +$22.8M |
|
1448
PUT
Globalstar
GSAT
$10.7B
| $27.9M | ﹤0.01% |
1,338,100
+1,263,053
| +1,683% | +$30.6M |
|
1449
AST SpaceMobile
ASTS
$21.4B
| $27.8M | ﹤0.01% |
1,224,540
-931,157
| -43% | -$23.8M |
|
1450
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.46B
| $27.7M | ﹤0.01% |
495,400
+33,400
| +7% | +$1.96M |
|
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.