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 | |
|---|---|---|---|---|---|---|
3101
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $8.37M | ﹤0.01% |
46,034
+1,816
| +4% | +$313K |
|
3102
CALL
Jones Lang LaSalle
JLL
$17.3B
| $8.36M | ﹤0.01% |
32,700
+8,500
| +35% | +$1.95M |
|
3103
Corpay
CPAY
$27.4B
| $8.36M | ﹤0.01% |
25,194
+19,905
| +376% | +$6.49M |
|
3104
CALL
Dynatrace
DT
$14.2B
| $8.36M | ﹤0.01% |
151,400
-133,300
| -47% | -$6.68M |
|
3105
Corebridge Financial
CRBG
$15.4B
| $8.35M | ﹤0.01% |
235,347
-128,016
| -35% | -$3.98M |
|
3106
Clover Health Investments
CLOV
$2.44B
| $8.35M | ﹤0.01% |
2,991,753
+829,541
| +38% | +$2.73M |
|
3107
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$235M
| $8.34M | ﹤0.01% |
195,800
-59,300
| -23% | -$2.34M |
|
3108
PUT
Cavco Industries
CVCO
$4.65B
| $8.34M | ﹤0.01% |
19,200
+14,500
| +309% | +$6.79M |
|
3109
PUT
SiTime
SITM
$21.4B
| $8.33M | ﹤0.01% |
39,100
-5,900
| -13% | -$1.07M |
|
|
WNS
3110
DELISTED
WNS Holdings
WNS
| $8.33M | ﹤0.01% |
131,738
-181,379
| -58% | -$10.9M |
|
3111
CALL
Vanguard Morningstar Small-Cap Value ETF
VBR
$38.3B
| $8.33M | ﹤0.01% |
42,700
+15,500
| +57% | +$2.87M |
|
3112
Perrigo
PRGO
$1.81B
| $8.33M | ﹤0.01% |
311,565
-103,929
| -25% | -$2.72M |
|
3113
Banc of California
BANC
$3.13B
| $8.32M | ﹤0.01% |
592,496
-58,048
| -9% | -$791K |
|
3114
Alpha Metallurgical Resources
AMR
$2.11B
| $8.32M | ﹤0.01% |
74,000
-3,529
| -5% | -$412K |
|
3115
CALL
Invesco
IVZ
$14.4B
| $8.32M | ﹤0.01% |
527,700
+260,900
| +98% | +$3.75M |
|
3116
HEICO Corp
HEI
$52.4B
| $8.32M | ﹤0.01% |
25,370
+14,226
| +128% | +$3.94M |
|
3117
CALL
Owens Corning
OC
$12.2B
| $8.32M | ﹤0.01% |
60,500
+23,800
| +65% | +$3.29M |
|
3118
iShares Russell 1000 Value ETF
IWD
$84.2B
| $8.32M | ﹤0.01% |
+42,835
| New | +$7.93M |
|
3119
Leidos
LDOS
$18B
| $8.32M | ﹤0.01% |
52,736
+36,187
| +219% | +$5.35M |
|
3120
California Resources
CRC
$4.73B
| $8.32M | ﹤0.01% |
182,115
-35,941
| -16% | -$1.47M |
|
3121
PUT
Vanguard Morningstar Value ETF
VTV
$194B
| $8.31M | ﹤0.01% |
47,000
+15,500
| +49% | +$2.62M |
|
3122
UiPath
PATH
$8.3B
| $8.31M | ﹤0.01% |
648,840
-152,748
| -19% | -$1.83M |
|
3123
Sterling Infrastructure
STRL
$17.6B
| $8.3M | ﹤0.01% |
35,993
-115,661
| -76% | -$20.2M |
|
3124
PUT
First Majestic Silver
AG
$9.49B
| $8.3M | ﹤0.01% |
1,004,000
-57,100
| -5% | -$384K |
|
3125
Steven Madden
SHOO
$3.45B
| $8.28M | ﹤0.01% |
345,489
+56,347
| +19% | +$1.32M |
|
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.