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 | |
|---|---|---|---|---|---|---|
2676
Innodata
INOD
$2.09B
| $11.3M | ﹤0.01% |
219,835
+89,363
| +68% | +$3.53M |
|
2677
Trane Technologies
TT
$106B
| $11.2M | ﹤0.01% |
25,717
+7,393
| +40% | +$2.92M |
|
2678
CALL
Public Storage
PSA
$60.9B
| $11.2M | ﹤0.01% |
38,300
-22,900
| -37% | -$6.78M |
|
2679
PUT
Atmos Energy
ATO
$28.7B
| $11.2M | ﹤0.01% |
72,900
+19,700
| +37% | +$3.06M |
|
2680
Cardinal Health
CAH
$54.7B
| $11.2M | ﹤0.01% |
66,818
+15,249
| +30% | +$2.26M |
|
2681
Alamos Gold
AGI
$14B
| $11.2M | ﹤0.01% |
422,158
+411,437
| +3,838% | +$11M |
|
2682
Xylem
XYL
$27.9B
| $11.2M | ﹤0.01% |
86,651
+65,304
| +306% | +$7.91M |
|
2683
PUT
Genuine Parts
GPC
$18.6B
| $11.2M | ﹤0.01% |
92,400
+2,300
| +3% | +$277K |
|
2684
CALL
Zimmer Biomet
ZBH
$19.2B
| $11.2M | ﹤0.01% |
122,700
+62,900
| +105% | +$6.08M |
|
2685
PUT
Beam Therapeutics
BEAM
$2.76B
| $11.2M | ﹤0.01% |
656,600
+532,200
| +428% | +$9.27M |
|
2686
Sunrun
RUN
$2.45B
| $11.2M | ﹤0.01% |
1,363,779
-415,570
| -23% | -$3.27M |
|
2687
CALL
-1x Short VIX Futures ETF
SVIX
$173M
| $11.1M | ﹤0.01% |
718,100
+57,800
| +9% | +$801K |
|
2688
PUT
QuantumScape Corp
QS
$3.81B
| $11.1M | ﹤0.01% |
1,653,900
-666,300
| -29% | -$2.82M |
|
2689
iShares Global Industrials ETF
EXI
$1.49B
| $11.1M | ﹤0.01% |
67,164
+41,740
| +164% | +$6.4M |
|
2690
PUT
ArcelorMittal
MT
$55.7B
| $11.1M | ﹤0.01% |
351,700
+24,700
| +8% | +$730K |
|
2691
CALL
Clear Secure
YOU
$4.68B
| $11.1M | ﹤0.01% |
400,000
-47,900
| -11% | -$1.22M |
|
|
PONY
2692
CALL
Pony AI Inc
PONY
$3.54B
| $11.1M | ﹤0.01% |
+841,200
| New | +$10.2M |
|
|
AKRO
2693
DELISTED
Akero Therapeutics
AKRO
| $11.1M | ﹤0.01% |
207,754
+27,364
| +15% | +$1.24M |
|
2694
CALL
Nordson
NDSN
$17.2B
| $11.1M | ﹤0.01% |
51,700
+12,200
| +31% | +$2.43M |
|
2695
Axsome Therapeutics
AXSM
$11.2B
| $11.1M | ﹤0.01% |
106,021
+54,295
| +105% | +$5.75M |
|
|
OKLO
2696
Oklo
OKLO
$8.26B
| $11.1M | ﹤0.01% |
197,663
+17,564
| +10% | +$677K |
|
|
CLBR
2697
DELISTED
Colombier Acquisition Corp II
CLBR
| $11M | ﹤0.01% |
+714,357
| New | +$9.36M |
|
|
CIVI
2698
PUT
DELISTED
Civitas Resources
CIVI
| $11M | ﹤0.01% |
401,300
+297,300
| +286% | +$8.61M |
|
2699
Guidewire Software
GWRE
$14.6B
| $11M | ﹤0.01% |
46,858
-29,473
| -39% | -$6.33M |
|
2700
Skyworks Solutions
SWKS
$10.5B
| $11M | ﹤0.01% |
147,784
-120,881
| -45% | -$8.07M |
|
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.