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 | |
|---|---|---|---|---|---|---|
2226
CALL
Idexx Laboratories
IDXX
$43.4B
| $12.7M | ﹤0.01% |
30,300
-10,300
| -25% | -$4.47M |
|
2227
Wingstop
WING
$3.39B
| $12.7M | ﹤0.01% |
56,123
+24,599
| +78% | +$6.4M |
|
2228
CALL
Alcon
ALC
$36B
| $12.7M | ﹤0.01% |
133,300
+48,100
| +56% | +$4.32M |
|
2229
CALL
Antero Midstream
AM
$10.7B
| $12.7M | ﹤0.01% |
702,900
+409,800
| +140% | +$6.78M |
|
|
COOP
2230
DELISTED
Mr. Cooper
COOP
| $12.7M | ﹤0.01% |
105,783
+75,246
| +246% | +$7.86M |
|
2231
PUT
TPG
TPG
$8.48B
| $12.6M | ﹤0.01% |
266,600
+130,700
| +96% | +$7.62M |
|
2232
PUT
Appian
APPN
$2.56B
| $12.6M | ﹤0.01% |
438,900
+355,500
| +426% | +$11.6M |
|
|
PR
2233
Permian Resources
PR
$18.1B
| $12.6M | ﹤0.01% |
912,959
+457,378
| +100% | +$6.55M |
|
2234
Global E Online
GLBE
$7.1B
| $12.6M | ﹤0.01% |
354,237
+341,904
| +2,772% | +$16.8M |
|
2235
CALL
Argan
AGX
$8.09B
| $12.6M | ﹤0.01% |
96,200
+53,700
| +126% | +$7.49M |
|
2236
CALL
Packaging Corp of America
PKG
$22.8B
| $12.6M | ﹤0.01% |
63,600
+8,700
| +16% | +$1.86M |
|
2237
Apollo Global Management
APO
$83.6B
| $12.6M | ﹤0.01% |
91,867
-267,203
| -74% | -$41.1M |
|
2238
CALL
Jefferies Financial Group
JEF
$12.8B
| $12.6M | ﹤0.01% |
234,800
-232,200
| -50% | -$15.8M |
|
2239
CALL
MKS Inc
MKSI
$20.8B
| $12.6M | ﹤0.01% |
156,800
-76,300
| -33% | -$7.7M |
|
2240
TJX Companies
TJX
$168B
| $12.5M | ﹤0.01% |
102,976
-341,917
| -77% | -$41.5M |
|
2241
PUT
TE Connectivity
TEL
$63.1B
| $12.5M | ﹤0.01% |
88,700
+82,300
| +1,286% | +$12.2M |
|
2242
CALL
Intuitive Machines
LUNR
$3.05B
| $12.5M | ﹤0.01% |
1,681,600
-1,438,800
| -46% | -$22.6M |
|
2243
AllianceBernstein
AB
$3.42B
| $12.5M | ﹤0.01% |
326,587
+229,218
| +235% | +$8.63M |
|
2244
CALL
Conagra Brands
CAG
$7.51B
| $12.5M | ﹤0.01% |
469,000
+101,600
| +28% | +$2.62M |
|
2245
CALL
Vulcan Materials
VMC
$36.3B
| $12.5M | ﹤0.01% |
53,600
-13,900
| -21% | -$3.53M |
|
2246
PUT
Nabors Industries
NBR
$1.38B
| $12.5M | ﹤0.01% |
299,500
+14,600
| +5% | +$743K |
|
2247
SSR Mining
SSRM
$6.57B
| $12.5M | ﹤0.01% |
1,244,408
+88,168
| +8% | +$814K |
|
2248
CALL
CACI
CACI
$14.7B
| $12.4M | ﹤0.01% |
33,900
+20,800
| +159% | +$7.96M |
|
2249
CALL
Pool Corp
POOL
$7.11B
| $12.4M | ﹤0.01% |
39,000
+25,200
| +183% | +$8.55M |
|
2250
CALL
Casey's General Stores
CASY
$31.6B
| $12.4M | ﹤0.01% |
28,600
+600
| +2% | +$246K |
|
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.