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 | |
|---|---|---|---|---|---|---|
2201
iShares US Home Construction ETF
ITB
$2.36B
| $13.1M | ﹤0.01% |
137,981
-45,406
| -25% | -$4.62M |
|
2202
CALL
GDS Holdings
GDS
$6.91B
| $13.1M | ﹤0.01% |
518,500
-337,400
| -39% | -$10.2M |
|
2203
PUT
Ares Management
ARES
$32.5B
| $13.1M | ﹤0.01% |
89,300
+66,700
| +295% | +$11.5M |
|
2204
iShares Russell 1000 Growth ETF
IWF
$128B
| $13.1M | ﹤0.01% |
144,928
+112,884
| +352% | +$11.1M |
|
2205
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$535M
| $13.1M | ﹤0.01% |
213,000
+127,100
| +148% | +$6.28M |
|
2206
XPeng
XPEV
$11.2B
| $13.1M | ﹤0.01% |
630,681
+557,686
| +764% | +$10M |
|
2207
Live Nation Entertainment
LYV
$44B
| $13.1M | ﹤0.01% |
99,996
+26,244
| +36% | +$3.58M |
|
2208
PUT
Welltower
WELL
$170B
| $13M | ﹤0.01% |
85,100
-145,200
| -63% | -$20.7M |
|
2209
Coca-Cola Europacific Partners
CCEP
$47.4B
| $13M | ﹤0.01% |
149,625
-560,358
| -79% | -$45.7M |
|
2210
CALL
Campbell Soup
CPB
$6.91B
| $13M | ﹤0.01% |
325,000
+177,800
| +121% | +$6.97M |
|
2211
PUT
Copa Holdings
CPA
$6.15B
| $13M | ﹤0.01% |
140,300
-20,000
| -12% | -$1.86M |
|
|
PINC
2212
DELISTED
Premier
PINC
| $13M | ﹤0.01% |
672,622
+561,667
| +506% | +$11.1M |
|
2213
BHP
BHP
$220B
| $13M | ﹤0.01% |
267,153
+85,165
| +47% | +$4.24M |
|
2214
PUT
OneMain Financial
OMF
$7.54B
| $13M | ﹤0.01% |
265,200
+73,000
| +38% | +$3.87M |
|
2215
CALL
Century Aluminum
CENX
$4.7B
| $13M | ﹤0.01% |
697,800
+6,700
| +1% | +$129K |
|
|
CNTA
2216
DELISTED
Centessa Pharmaceuticals
CNTA
| $12.9M | ﹤0.01% |
899,505
+883,759
| +5,613% | +$14.5M |
|
|
LAZR
2217
CALL
DELISTED
Luminar Technologies
LAZR
| $12.9M | ﹤0.01% |
2,398,900
-899,900
| -27% | -$5.44M |
|
2218
Waste Management
WM
$90.1B
| $12.9M | ﹤0.01% |
55,678
-115,438
| -67% | -$25.6M |
|
2219
PUT
Jefferies Financial Group
JEF
$12.7B
| $12.9M | ﹤0.01% |
240,500
+160,800
| +202% | +$10.9M |
|
2220
PUT
Vanguard FTSE Europe ETF
VGK
$31B
| $12.8M | ﹤0.01% |
182,700
+67,100
| +58% | +$4.63M |
|
2221
Southwest Airlines
LUV
$21.7B
| $12.8M | ﹤0.01% |
381,398
-105,426
| -22% | -$3.34M |
|
2222
CALL
STMicroelectronics
STM
$48.4B
| $12.8M | ﹤0.01% |
582,900
-262,600
| -31% | -$6.45M |
|
|
QXO
2223
QXO Inc
QXO
$15.7B
| $12.8M | ﹤0.01% |
944,535
+753,491
| +394% | +$10.2M |
|
2224
PUT
Teladoc Health
TDOC
$1.24B
| $12.8M | ﹤0.01% |
1,605,900
+287,800
| +22% | +$2.91M |
|
2225
PUT
Plains All American Pipeline
PAA
$16.7B
| $12.8M | ﹤0.01% |
637,600
-112,000
| -15% | -$2.21M |
|
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.