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 | |
|---|---|---|---|---|---|---|
3026
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.76B
| $8.69M | ﹤0.01% |
157,335
+34,682
| +28% | +$1.78M |
|
3027
McGrath RentCorp
MGRC
$2.99B
| $8.69M | ﹤0.01% |
74,947
-11,624
| -13% | -$1.29M |
|
3028
CALL
Finance of America Companies
FOA
$201M
| $8.68M | ﹤0.01% |
372,400
-141,400
| -28% | -$2.97M |
|
3029
Vanguard Health Care ETF
VHT
$18.9B
| $8.68M | ﹤0.01% |
34,964
+10,495
| +43% | +$2.59M |
|
3030
Skywest
SKYW
$4.18B
| $8.68M | ﹤0.01% |
84,308
+12,898
| +18% | +$1.23M |
|
3031
CALL
Cracker Barrel
CBRL
$1.29B
| $8.68M | ﹤0.01% |
142,100
-60,500
| -30% | -$3.05M |
|
3032
PUT
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $8.68M | ﹤0.01% |
118,500
+67,500
| +132% | +$4.45M |
|
3033
CALL
InterDigital
IDCC
$8.87B
| $8.68M | ﹤0.01% |
38,700
+11,300
| +41% | +$2.39M |
|
3034
TE Connectivity
TEL
$62.6B
| $8.66M | ﹤0.01% |
51,351
+916
| +2% | +$139K |
|
3035
VeriSign
VRSN
$25.7B
| $8.65M | ﹤0.01% |
29,940
-3,272
| -10% | -$886K |
|
3036
Herc Holdings
HRI
$5.8B
| $8.64M | ﹤0.01% |
65,605
-15,605
| -19% | -$1.89M |
|
3037
CALL
iShares TIPS Bond ETF
TIP
$14.7B
| $8.64M | ﹤0.01% |
78,500
-47,900
| -38% | -$5.22M |
|
3038
Perimeter Solutions
PRM
$5.55B
| $8.63M | ﹤0.01% |
620,260
+453,552
| +272% | +$5.24M |
|
|
HDV
3039
iShares Core High Dividend ETF
HDV
$15.1B
| $8.63M | ﹤0.01% |
368,390
+310,945
| +541% | +$7.17M |
|
3040
PUT
Bank OZK
OZK
$5.72B
| $8.63M | ﹤0.01% |
183,400
-25,900
| -12% | -$1.13M |
|
3041
PUT
Immunocore
IMCR
$1.76B
| $8.63M | ﹤0.01% |
275,000
+252,200
| +1,106% | +$7.83M |
|
|
SARO
3042
CALL
StandardAero Inc
SARO
$9.23B
| $8.63M | ﹤0.01% |
272,600
+257,000
| +1,647% | +$7.21M |
|
3043
PUT
Globalstar
GSAT
$10.7B
| $8.63M | ﹤0.01% |
366,300
-971,800
| -73% | -$19.6M |
|
3044
CALL
Westlake Corp
WLK
$10.2B
| $8.63M | ﹤0.01% |
113,600
+97,000
| +584% | +$7.94M |
|
3045
VanEck Junior Gold Miners ETF
GDXJ
$8.49B
| $8.62M | ﹤0.01% |
127,519
+40,308
| +46% | +$2.55M |
|
3046
PUT
PureCycle Technologies
PCT
$1.4B
| $8.62M | ﹤0.01% |
629,100
-452,600
| -42% | -$4.01M |
|
3047
Keurig Dr Pepper
KDP
$42.8B
| $8.62M | ﹤0.01% |
260,681
+140,812
| +117% | +$4.76M |
|
3048
PUT
Global X Silver Miners ETF NEW
SIL
$4.79B
| $8.62M | ﹤0.01% |
179,000
-10,900
| -6% | -$465K |
|
3049
CALL
Blackstone Secured Lending
BXSL
$5.75B
| $8.61M | ﹤0.01% |
280,100
+235,000
| +521% | +$7.17M |
|
3050
State Street Industrial Select Sector SPDR ETF
XLI
$34.8B
| $8.61M | ﹤0.01% |
58,368
-974,115
| -94% | -$133M |
|
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.