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 | |
|---|---|---|---|---|---|---|
2951
PUT
InterDigital
IDCC
$8.87B
| $9.17M | ﹤0.01% |
40,900
+22,300
| +120% | +$4.72M |
|
2952
CALL
Magna International
MGA
$18.8B
| $9.17M | ﹤0.01% |
237,500
-63,300
| -21% | -$2.24M |
|
2953
ArcelorMittal
MT
$55.7B
| $9.16M | ﹤0.01% |
290,176
+176,784
| +156% | +$5.23M |
|
|
AMTM
2954
PUT
Amentum Holdings
AMTM
$5.25B
| $9.16M | ﹤0.01% |
388,100
-425,000
| -52% | -$8.88M |
|
2955
PUT
Capricor Therapeutics
CAPR
$386M
| $9.16M | ﹤0.01% |
922,700
+744,500
| +418% | +$7.86M |
|
2956
Essent Group
ESNT
$6.25B
| $9.15M | ﹤0.01% |
150,664
+13,294
| +10% | +$766K |
|
2957
CALL
Molina Healthcare
MOH
$11.1B
| $9.15M | ﹤0.01% |
30,700
-37,200
| -55% | -$11.7M |
|
2958
CALL
Telephone and Data Systems
TDS
$4.05B
| $9.14M | ﹤0.01% |
256,800
+163,800
| +176% | +$5.75M |
|
2959
PUT
Host Hotels & Resorts
HST
$15.7B
| $9.13M | ﹤0.01% |
594,600
+501,100
| +536% | +$7.42M |
|
2960
BrightSpring Health Services
BTSG
$12.2B
| $9.13M | ﹤0.01% |
386,961
+322,143
| +497% | +$6.72M |
|
2961
PUT
TC Energy
TRP
$66.7B
| $9.12M | ﹤0.01% |
186,900
+108,800
| +139% | +$5.34M |
|
2962
Entergy
ETR
$50.3B
| $9.11M | ﹤0.01% |
109,621
+20,704
| +23% | +$1.71M |
|
|
PR
2963
PUT
Permian Resources
PR
$18B
| $9.11M | ﹤0.01% |
668,700
+40,900
| +7% | +$526K |
|
2964
CALL
Solventum
SOLV
$15.1B
| $9.1M | ﹤0.01% |
120,000
-20,400
| -15% | -$1.44M |
|
2965
CALL
WEC Energy
WEC
$36B
| $9.1M | ﹤0.01% |
87,300
+7,400
| +9% | +$787K |
|
2966
Amneal Pharmaceuticals
AMRX
$6.32B
| $9.09M | ﹤0.01% |
1,123,343
+686,546
| +157% | +$5.18M |
|
2967
PUT
Yeti Holdings
YETI
$3.25B
| $9.07M | ﹤0.01% |
287,600
+119,100
| +71% | +$3.57M |
|
2968
Zillow
Z
$7.82B
| $9.06M | ﹤0.01% |
129,406
+34,233
| +36% | +$2.31M |
|
|
EMBJ
2969
CALL
Embraer S.A. ADS
EMBJ
$13.4B
| $9.06M | ﹤0.01% |
159,200
-27,700
| -15% | -$1.31M |
|
2970
Yum! Brands
YUM
$40.4B
| $9.05M | ﹤0.01% |
61,107
+27,397
| +81% | +$4M |
|
2971
Lemonade
LMND
$4.07B
| $9.05M | ﹤0.01% |
206,507
+118,226
| +134% | +$3.94M |
|
2972
CALL
Asana
ASAN
$2.11B
| $9.04M | ﹤0.01% |
669,900
-27,400
| -4% | -$429K |
|
|
BLD
2973
PUT
DELISTED
TopBuild
BLD
| $9.03M | ﹤0.01% |
27,900
+15,800
| +131% | +$4.69M |
|
2974
PUT
ASP Isotopes
ASPI
$538M
| $9.03M | ﹤0.01% |
1,227,200
+571,300
| +87% | +$3.83M |
|
|
SNDK
2975
PUT
Sandisk
SNDK
$240B
| $9.02M | ﹤0.01% |
198,800
+172,100
| +645% | +$6.58M |
|
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.