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 | |
|---|---|---|---|---|---|---|
2326
Perrigo
PRGO
$1.81B
| $11.7M | ﹤0.01% |
415,494
+86,671
| +26% | +$2.25M |
|
2327
PUT
Republic Services
RSG
$65.7B
| $11.6M | ﹤0.01% |
48,000
-32,600
| -40% | -$7.31M |
|
2328
CALL
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$95.3M
| $11.6M | ﹤0.01% |
813,400
+693,300
| +577% | +$10M |
|
2329
CALL
LGI Homes
LGIH
$1.39B
| $11.6M | ﹤0.01% |
174,800
+151,200
| +641% | +$12.2M |
|
|
MAGN
2330
Magnera Corp
MAGN
$444M
| $11.6M | ﹤0.01% |
639,778
+588,025
| +1,136% | +$11.4M |
|
2331
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.12B
| $11.6M | ﹤0.01% |
263,766
+100,159
| +61% | +$4.2M |
|
2332
CALL
Clear Secure
YOU
$4.68B
| $11.6M | ﹤0.01% |
447,900
-86,700
| -16% | -$2.16M |
|
2333
CALL
DTE Energy
DTE
$29.3B
| $11.6M | ﹤0.01% |
83,800
+46,300
| +123% | +$5.91M |
|
2334
CALL
Ovintiv
OVV
$17.4B
| $11.6M | ﹤0.01% |
270,500
-64,500
| -19% | -$2.75M |
|
2335
PUT
Barclays
BCS
$94.7B
| $11.6M | ﹤0.01% |
753,300
+365,600
| +94% | +$5.47M |
|
2336
Atlassian
TEAM
$41.2B
| $11.6M | ﹤0.01% |
54,516
+47,273
| +653% | +$12.5M |
|
2337
iShares US Technology ETF
IYW
$25.6B
| $11.6M | ﹤0.01% |
82,329
+66,852
| +432% | +$10.4M |
|
2338
CALL
Neurocrine Biosciences
NBIX
$15.5B
| $11.6M | ﹤0.01% |
104,500
+13,200
| +14% | +$1.67M |
|
2339
CALL
Copa Holdings
CPA
$6.14B
| $11.5M | ﹤0.01% |
124,800
-34,100
| -21% | -$3.16M |
|
2340
PUT
Zimmer Biomet
ZBH
$19.2B
| $11.5M | ﹤0.01% |
101,900
-35,200
| -26% | -$3.77M |
|
2341
PUT
StoneCo
STNE
$2.32B
| $11.5M | ﹤0.01% |
1,100,100
+687,700
| +167% | +$6.48M |
|
2342
PUT
Advanced Energy
AEIS
$13.2B
| $11.5M | ﹤0.01% |
120,900
+112,200
| +1,290% | +$12.8M |
|
2343
PUT
Amkor Technology
AMKR
$14.7B
| $11.5M | ﹤0.01% |
637,800
+338,200
| +113% | +$7.64M |
|
2344
CALL
Omnicom Group
OMC
$24B
| $11.5M | ﹤0.01% |
138,900
-339,000
| -71% | -$28.3M |
|
2345
iShares Government/Credit Bond ETF
GBF
$128M
| $11.5M | ﹤0.01% |
110,540
+78,656
| +247% | +$8.1M |
|
2346
CALL
Expeditors International
EXPD
$24.2B
| $11.5M | ﹤0.01% |
95,700
-232,900
| -71% | -$26.8M |
|
|
ANSS
2347
CALL
DELISTED
Ansys
ANSS
| $11.5M | ﹤0.01% |
36,300
-600
| -2% | -$201K |
|
2348
Corebridge Financial
CRBG
$15.4B
| $11.5M | ﹤0.01% |
363,363
+95,473
| +36% | +$3.09M |
|
2349
PUT
Yum China
YUMC
$16.3B
| $11.5M | ﹤0.01% |
220,300
-383,900
| -64% | -$18.4M |
|
2350
Equinix
EQIX
$109B
| $11.5M | ﹤0.01% |
14,055
-23,498
| -63% | -$21.1M |
|
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.