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 | |
|---|---|---|---|---|---|---|
|
TIGR
1626
PUT
UP Fintech Holding
TIGR
$833M
| $22.9M | ﹤0.01% |
2,666,500
+871,200
| +49% | +$6.51M |
|
1627
Synopsys
SNPS
$78.8B
| $22.9M | ﹤0.01% |
53,391
-39,955
| -43% | -$19.4M |
|
1628
PUT
AvalonBay Communities
AVB
$26.3B
| $22.8M | ﹤0.01% |
106,400
+82,100
| +338% | +$17.8M |
|
1629
PUT
Samsara
IOT
$24B
| $22.8M | ﹤0.01% |
595,700
-128,400
| -18% | -$5.98M |
|
1630
CALL
iShares MSCI South Korea ETF
EWY
$27.6B
| $22.8M | ﹤0.01% |
422,100
+379,900
| +900% | +$21.1M |
|
1631
CALL
Maplebear
CART
$11.6B
| $22.7M | ﹤0.01% |
570,200
-202,000
| -26% | -$8.97M |
|
1632
PUT
Sunrun
RUN
$2.37B
| $22.7M | ﹤0.01% |
3,875,400
+1,645,700
| +74% | +$13.6M |
|
1633
CALL
Trump Media & Technology Group
DJT
$2.31B
| $22.7M | ﹤0.01% |
1,161,200
-3,663,200
| -76% | -$103M |
|
1634
PUT
Willis Towers Watson
WTW
$31B
| $22.6M | ﹤0.01% |
67,000
-10,500
| -14% | -$3.42M |
|
1635
PUT
Global X Uranium ETF
URA
$6.31B
| $22.6M | ﹤0.01% |
987,700
-436,100
| -31% | -$11.6M |
|
1636
CALL
Plains GP Holdings
PAGP
$5.04B
| $22.6M | ﹤0.01% |
1,059,500
-642,400
| -38% | -$13.5M |
|
1637
Citizens Financial Group
CFG
$31.2B
| $22.6M | ﹤0.01% |
552,333
+253,098
| +85% | +$11.3M |
|
|
MSTU
1638
CALL
T-Rex 2X Long MSTR Daily Target ETF
MSTU
$323M
| $22.6M | ﹤0.01% |
414,350
-100,050
| -19% | -$8.06M |
|
1639
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$623M
| $22.6M | ﹤0.01% |
370,800
+6,400
| +2% | +$545K |
|
1640
CALL
Camtek
CAMT
$8.06B
| $22.6M | ﹤0.01% |
385,300
-869,300
| -69% | -$70M |
|
1641
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.69B
| $22.6M | ﹤0.01% |
171,459
-220,877
| -56% | -$29.6M |
|
1642
PUT
Teck Resources
TECK
$31.3B
| $22.6M | ﹤0.01% |
619,600
+392,300
| +173% | +$16.3M |
|
1643
Snap-on
SNA
$20.9B
| $22.5M | ﹤0.01% |
66,756
+38,223
| +134% | +$13M |
|
1644
PUT
Baker Hughes
BKR
$63B
| $22.4M | ﹤0.01% |
510,800
+103,700
| +25% | +$4.63M |
|
1645
CALL
HEICO Corp
HEI
$51.9B
| $22.4M | ﹤0.01% |
84,000
+40,000
| +91% | +$9.74M |
|
1646
PUT
Entergy
ETR
$49.9B
| $22.4M | ﹤0.01% |
262,300
+243,600
| +1,303% | +$20.1M |
|
1647
CALL
Molina Healthcare
MOH
$10.7B
| $22.4M | ﹤0.01% |
67,900
+37,000
| +120% | +$11.2M |
|
1648
QuantumScape Corp
QS
$3.79B
| $22.3M | ﹤0.01% |
5,371,413
-338,718
| -6% | -$1.67M |
|
|
EMBJ
1649
PUT
Embraer S.A. ADS
EMBJ
$13.2B
| $22.3M | ﹤0.01% |
483,500
+391,500
| +426% | +$17.4M |
|
1650
PUT
Pool Corp
POOL
$7.29B
| $22.3M | ﹤0.01% |
70,100
-8,300
| -11% | -$2.82M |
|
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.