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 | |
|---|---|---|---|---|---|---|
2851
PUT
CDW
CDW
$17.4B
| $9.86M | ﹤0.01% |
55,200
-10,900
| -16% | -$1.85M |
|
2852
CALL
Cytokinetics
CYTK
$10.3B
| $9.85M | ﹤0.01% |
298,100
+48,000
| +19% | +$1.67M |
|
2853
PUT
Immersion
IMMR
$249M
| $9.84M | ﹤0.01% |
1,248,800
+111,900
| +10% | +$832K |
|
2854
CALL
FirstEnergy
FE
$27.4B
| $9.83M | ﹤0.01% |
244,100
-7,900
| -3% | -$326K |
|
2855
Capri Holdings
CPRI
$1.74B
| $9.83M | ﹤0.01% |
555,171
-232,290
| -29% | -$3.83M |
|
2856
CALL
Kinsale Capital Group
KNSL
$8.64B
| $9.82M | ﹤0.01% |
20,300
-13,300
| -40% | -$6.2M |
|
2857
PUT
Xcel Energy
XEL
$49.5B
| $9.82M | ﹤0.01% |
144,200
+55,300
| +62% | +$3.83M |
|
2858
Valley National Bancorp
VLY
$8.29B
| $9.81M | ﹤0.01% |
1,098,636
-185,134
| -14% | -$1.61M |
|
2859
CALL
Lennox International
LII
$14.6B
| $9.8M | ﹤0.01% |
17,100
-1,200
| -7% | -$671K |
|
2860
BHP
BHP
$220B
| $9.8M | ﹤0.01% |
203,690
-63,463
| -24% | -$3.05M |
|
2861
CALL
Corebridge Financial
CRBG
$15.4B
| $9.79M | ﹤0.01% |
275,900
-29,800
| -10% | -$927K |
|
|
MSTU
2862
T-Rex 2X Long MSTR Daily Target ETF
MSTU
$296M
| $9.79M | ﹤0.01% |
+113,214
| New | +$8.56M |
|
2863
Texas Pacific Land
TPL
$24.7B
| $9.78M | ﹤0.01% |
27,768
+12,924
| +87% | +$5.28M |
|
2864
Corteva
CTVA
$51.2B
| $9.78M | ﹤0.01% |
131,177
+71,521
| +120% | +$4.76M |
|
|
SEZL
2865
PUT
Sezzle
SEZL
$4.34B
| $9.77M | ﹤0.01% |
+54,500
| New | +$4.82M |
|
2866
CALL
Medifast
MED
$128M
| $9.77M | ﹤0.01% |
695,200
+508,500
| +272% | +$6.68M |
|
2867
Dimensional Emerging Markets Value ETF
DFEV
$2.1B
| $9.77M | ﹤0.01% |
325,631
+247,507
| +317% | +$6.87M |
|
|
SPYM
2868
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $9.76M | ﹤0.01% |
134,245
+115,815
| +628% | +$7.79M |
|
|
GRRR
2869
CALL
Gorilla Technology Group
GRRR
$454M
| $9.75M | ﹤0.01% |
490,300
+8,500
| +2% | +$159K |
|
2870
CALL
ARK Genomic Revolution ETF
ARKG
$1.74B
| $9.75M | ﹤0.01% |
400,300
-116,200
| -22% | -$2.55M |
|
2871
VSE Corp
VSEC
$6.79B
| $9.74M | ﹤0.01% |
74,353
-3,215
| -4% | -$401K |
|
2872
CALL
Middleby
MIDD
$5.33B
| $9.71M | ﹤0.01% |
67,400
+17,400
| +35% | +$2.45M |
|
2873
PUT
YieldMax NVDA Option Income Strategy ETF
NVDY
$1.47B
| $9.7M | ﹤0.01% |
578,500
+160,000
| +38% | +$2.48M |
|
|
CCC
2874
CCC Intelligent Solutions
CCC
$4.11B
| $9.69M | ﹤0.01% |
1,030,184
-635,013
| -38% | -$5.68M |
|
2875
PUT
Inspire Medical Systems
INSP
$1.65B
| $9.69M | ﹤0.01% |
74,700
+12,400
| +20% | +$1.8M |
|
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.