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 | |
|---|---|---|---|---|---|---|
2726
ProShares Short VIX Short-Term Futures ETF
SVXY
$235M
| $10.8M | ﹤0.01% |
252,856
+11,188
| +5% | +$442K |
|
2727
CALL
Ollie's Bargain Outlet
OLLI
$4.62B
| $10.8M | ﹤0.01% |
81,700
-49,200
| -38% | -$5.63M |
|
2728
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $10.7M | ﹤0.01% |
39,900
-20,200
| -34% | -$4.86M |
|
2729
PUT
Church & Dwight Co
CHD
$24B
| $10.7M | ﹤0.01% |
111,800
+41,000
| +58% | +$4.04M |
|
2730
CALL
Polaris
PII
$3.95B
| $10.7M | ﹤0.01% |
264,200
+191,500
| +263% | +$7.22M |
|
2731
CALL
Reliance Steel & Aluminium
RS
$21.8B
| $10.7M | ﹤0.01% |
34,200
+5,900
| +21% | +$1.74M |
|
2732
Targa Resources
TRGP
$59.1B
| $10.7M | ﹤0.01% |
61,665
-36,830
| -37% | -$6.19M |
|
2733
PUT
Lantheus
LNTH
$6.59B
| $10.7M | ﹤0.01% |
131,100
+51,600
| +65% | +$4.53M |
|
2734
CALL
Nabors Industries
NBR
$1.39B
| $10.7M | ﹤0.01% |
382,600
+342,100
| +845% | +$10.2M |
|
2735
CALL
Silicon Motion
SIMO
$9.12B
| $10.7M | ﹤0.01% |
142,600
-29,500
| -17% | -$1.68M |
|
2736
Baxter International
BAX
$13.8B
| $10.7M | ﹤0.01% |
353,969
-265,643
| -43% | -$8.05M |
|
2737
CALL
Schwab US Large-Cap Growth ETF
SCHG
$62.9B
| $10.7M | ﹤0.01% |
366,500
+253,600
| +225% | +$6.7M |
|
2738
CALL
Group 1 Automotive
GPI
$3.15B
| $10.7M | ﹤0.01% |
24,500
+5,100
| +26% | +$2.14M |
|
2739
iShares Russell Mid-Cap Growth ETF
IWP
$21.1B
| $10.7M | ﹤0.01% |
77,056
+32,873
| +74% | +$4.16M |
|
2740
GoDaddy
GDDY
$12B
| $10.7M | ﹤0.01% |
59,329
+224
| +0.4% | +$40.2K |
|
2741
Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
$140M
| $10.7M | ﹤0.01% |
49,858
+38,101
| +324% | +$6.27M |
|
2742
Deckers Outdoor
DECK
$12.7B
| $10.6M | ﹤0.01% |
103,226
-38,728
| -27% | -$4.29M |
|
2743
PUT
Scotiabank
BNS
$112B
| $10.6M | ﹤0.01% |
192,500
-62,700
| -25% | -$3.19M |
|
2744
Mohawk Industries
MHK
$9.49B
| $10.6M | ﹤0.01% |
101,437
+71,873
| +243% | +$7.49M |
|
2745
PUT
iShares MSCI China ETF
MCHI
$6.16B
| $10.6M | ﹤0.01% |
193,000
-303,700
| -61% | -$16.1M |
|
2746
CALL
Hubbell
HUBB
$27B
| $10.6M | ﹤0.01% |
26,000
-16,500
| -39% | -$6.12M |
|
2747
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.91B
| $10.6M | ﹤0.01% |
106,711
+79,940
| +299% | +$7.94M |
|
2748
CALL
Invitation Homes
INVH
$18B
| $10.6M | ﹤0.01% |
323,400
+188,400
| +140% | +$6.33M |
|
2749
PUT
Molina Healthcare
MOH
$11.1B
| $10.6M | ﹤0.01% |
35,600
-6,700
| -16% | -$2.1M |
|
2750
Illinois Tool Works
ITW
$82.8B
| $10.6M | ﹤0.01% |
42,885
+8,001
| +23% | +$1.93M |
|
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.