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 |
Apple
AAPL
|
+$680M |
| 2 |
Microsoft
MSFT
|
+$506M |
| 3 |
UnitedHealth
UNH
|
+$393M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$381M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.24B |
| 2 |
Tesla
TSLA
|
+$450M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$444M |
| 4 |
TSMC
TSM
|
+$432M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$371M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.79% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Financials | 0.79% |
| 4 | Healthcare | 0.66% |
| 5 | Industrials | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
PUT
FIVE9
FIVN
$2.47B
| $12.3M | ﹤0.01% |
464,900
+102,900
| +28% | +$2.68M |
|
2577
CALL
Huntington Ingalls Industries
HII
$12.9B
| $12.3M | ﹤0.01% |
50,900
-34,200
| -40% | -$7.64M |
|
2578
Liberty Media Series A
FWONA
$23.9B
| $12.3M | ﹤0.01% |
129,353
+76,000
| +142% | +$6.42M |
|
2579
CALL
Box
BOX
$4.52B
| $12.3M | ﹤0.01% |
358,800
+5,100
| +1% | +$167K |
|
2580
PUT
Vipshop
VIPS
$6.81B
| $12.3M | ﹤0.01% |
814,200
+526,600
| +183% | +$7.45M |
|
|
PRMB
2581
CALL
Primo Brands
PRMB
$8.94B
| $12.3M | ﹤0.01% |
413,600
+217,100
| +110% | +$6.94M |
|
2582
PUT
Enovix
ENVX
$963M
| $12.2M | ﹤0.01% |
1,353,714
-37,029
| -3% | -$241K |
|
2583
Copart
CPRT
$29.3B
| $12.2M | ﹤0.01% |
249,531
-51,172
| -17% | -$2.86M |
|
2584
Toast
TOST
$20.1B
| $12.2M | ﹤0.01% |
276,310
-307,284
| -53% | -$12.1M |
|
|
BPMC
2585
CALL
DELISTED
Blueprint Medicines
BPMC
| $12.2M | ﹤0.01% |
95,400
-154,200
| -62% | -$16M |
|
2586
Verisk Analytics
VRSK
$23.6B
| $12.2M | ﹤0.01% |
39,214
+24,964
| +175% | +$7.57M |
|
2587
PUT
AerCap
AER
$24B
| $12.2M | ﹤0.01% |
104,400
+42,800
| +69% | +$4.63M |
|
|
WCC
2588
CALL
WESCO International
WCC
$17.6B
| $12.2M | ﹤0.01% |
65,900
+16,700
| +34% | +$2.75M |
|
2589
PUT
CACI
CACI
$14.8B
| $12.2M | ﹤0.01% |
25,600
-28,800
| -53% | -$12.8M |
|
|
AMTM
2590
CALL
Amentum Holdings
AMTM
$5.25B
| $12.2M | ﹤0.01% |
516,400
+243,800
| +89% | +$5.1M |
|
2591
Vanguard World Funds Extended Duration ETF
EDV
$3.45B
| $12.2M | ﹤0.01% |
181,009
+162,989
| +904% | +$10.8M |
|
2592
PUT
Vanguard FTSE Europe ETF
VGK
$31.1B
| $12.2M | ﹤0.01% |
157,000
-25,700
| -14% | -$1.9M |
|
2593
Kratos Defense & Security Solutions
KTOS
$12.1B
| $12.2M | ﹤0.01% |
261,719
+19,353
| +8% | +$701K |
|
2594
Mirion Technologies
MIR
$3.96B
| $12.1M | ﹤0.01% |
563,825
+229,129
| +68% | +$3.95M |
|
2595
PUT
Copa Holdings
CPA
$6.14B
| $12.1M | ﹤0.01% |
110,300
-30,000
| -21% | -$2.96M |
|
2596
JPMorgan Global Select Equity ETF
JGLO
$6.84B
| $12.1M | ﹤0.01% |
+188,347
| New | +$11.3M |
|
2597
PUT
Boston Beer
SAM
$1.91B
| $12.1M | ﹤0.01% |
63,300
+16,700
| +36% | +$3.84M |
|
2598
US Bancorp
USB
$102B
| $12M | ﹤0.01% |
266,258
-185,239
| -41% | -$7.79M |
|
2599
Argan
AGX
$8.11B
| $12M | ﹤0.01% |
54,573
-30,412
| -36% | -$5.48M |
|
2600
J.M. Smucker
SJM
$13B
| $12M | ﹤0.01% |
122,471
+101,630
| +488% | +$11.2M |
|
Similar funds
Susquehanna International Group's Q2 2025 Portfolio in Review
As of Q2 2025, Susquehanna International Group held 14,080 positions worth $720B, up 23% from $586B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Susquehanna International Group deployed $32.3B of net new capital in Q2 2025, opening 1,720 new positions and adding to 5,716 existing holdings. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B trimmed.
- Susquehanna International Group's largest Q2 2025 buy was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
- Susquehanna International Group added most to Apple in Q2 2025, an estimated $680M increase.
- Susquehanna International Group's biggest Q2 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.24B.
- Susquehanna International Group fully exited Vanguard Intermediate-Term Bond ETF in Q2 2025, selling an estimated $61.8M.
- Susquehanna International Group's ten largest holdings make up 26% of its $720B portfolio in Q2 2025.
- Susquehanna International Group opened 1,720 new positions and closed 1,538 in Q2 2025.
- Susquehanna International Group's portfolio value rose 23% quarter-over-quarter to $720B.
Based on Susquehanna International Group's 13F filing for Q2 2025, filed 14 Aug 2025.