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 | |
|---|---|---|---|---|---|---|
2176
PUT
GE HealthCare
GEHC
$33.3B
| $13.3M | ﹤0.01% |
165,400
-249,500
| -60% | -$21.4M |
|
2177
PUT
Shake Shack
SHAK
$3.01B
| $13.3M | ﹤0.01% |
151,400
-164,800
| -52% | -$17.9M |
|
2178
CALL
PTC
PTC
$16.4B
| $13.3M | ﹤0.01% |
86,100
+32,900
| +62% | +$5.66M |
|
2179
CALL
ProShares Ultra S&P500
SSO
$8.45B
| $13.3M | ﹤0.01% |
322,200
-166,000
| -34% | -$7.66M |
|
|
EXAS
2180
CALL
DELISTED
Exact Sciences
EXAS
| $13.3M | ﹤0.01% |
307,700
-549,700
| -64% | -$27.8M |
|
2181
CALL
Floor & Decor
FND
$6.23B
| $13.3M | ﹤0.01% |
165,400
+9,800
| +6% | +$926K |
|
2182
Boston Scientific
BSX
$75.5B
| $13.3M | ﹤0.01% |
131,903
-493,807
| -79% | -$49.7M |
|
2183
Middleby
MIDD
$5.27B
| $13.3M | ﹤0.01% |
87,540
+40,351
| +86% | +$6.33M |
|
2184
Vanguard FTSE All-World ex-US ETF
VEU
$70.5B
| $13.3M | ﹤0.01% |
219,112
+193,537
| +757% | +$11.7M |
|
|
2185
ProShares Ultra S&P500
SSO
$8.45B
| $13.3M | ﹤0.01% |
321,044
+286,708
| +835% | +$13.2M |
|
|
SEE
2186
DELISTED
Sealed Air
SEE
| $13.3M | ﹤0.01% |
459,692
+433,255
| +1,639% | +$14.2M |
|
2187
PUT
Flutter Entertainment
FLUT
$17.2B
| $13.3M | ﹤0.01% |
59,900
+47,500
| +383% | +$12.3M |
|
2188
PureCycle Technologies
PCT
$1.39B
| $13.3M | ﹤0.01% |
1,916,993
+1,256,280
| +190% | +$11.3M |
|
2189
Vanguard Extended Market ETF
VXF
$32.3B
| $13.2M | ﹤0.01% |
76,906
+41,725
| +119% | +$7.9M |
|
2190
PUT
Raymond James Financial
RJF
$34.8B
| $13.2M | ﹤0.01% |
95,300
+20,800
| +28% | +$3.23M |
|
2191
S&P Global
SPGI
$123B
| $13.2M | ﹤0.01% |
26,050
-111,826
| -81% | -$57.1M |
|
2192
CALL
Rithm Capital
RITM
$5.8B
| $13.2M | ﹤0.01% |
1,155,900
+265,500
| +30% | +$3.07M |
|
2193
Arista Networks
ANET
$251B
| $13.2M | ﹤0.01% |
170,757
-341,332
| -67% | -$34.6M |
|
2194
Blackstone
BX
$108B
| $13.2M | ﹤0.01% |
94,568
-513,295
| -84% | -$83.3M |
|
2195
CALL
Brown-Forman Class B
BF.B
$13B
| $13.2M | ﹤0.01% |
389,000
+269,700
| +226% | +$9.09M |
|
2196
Progressive
PGR
$122B
| $13.2M | ﹤0.01% |
46,611
-592,229
| -93% | -$155M |
|
2197
CALL
Franklin Resources
BEN
$17.1B
| $13.2M | ﹤0.01% |
684,200
+42,500
| +7% | +$852K |
|
2198
Lear
LEA
$8.3B
| $13.1M | ﹤0.01% |
149,003
+43,753
| +42% | +$4.15M |
|
2199
PUT
Applied Digital
APLD
$8.95B
| $13.1M | ﹤0.01% |
2,338,700
+784,200
| +50% | +$6.16M |
|
2200
CALL
Tyler Technologies
TYL
$13.4B
| $13.1M | ﹤0.01% |
22,600
+9,100
| +67% | +$5.4M |
|
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.