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 | |
|---|---|---|---|---|---|---|
3126
Glacier Bancorp
GBCI
$6.5B
| $8.28M | ﹤0.01% |
192,225
+3,018
| +2% | +$125K |
|
3127
CALL
Genesis Energy
GEL
$1.93B
| $8.28M | ﹤0.01% |
480,500
+223,400
| +87% | +$3.39M |
|
3128
CALL
Vodafone
VOD
$37.9B
| $8.28M | ﹤0.01% |
776,600
-1,486,800
| -66% | -$14.4M |
|
3129
PUT
Box
BOX
$4.52B
| $8.27M | ﹤0.01% |
242,100
+196,000
| +425% | +$6.43M |
|
3130
CALL
Biohaven
BHVN
$2.21B
| $8.27M | ﹤0.01% |
586,200
+338,100
| +136% | +$6.03M |
|
3131
PUT
Avantor
AVTR
$9.24B
| $8.27M | ﹤0.01% |
614,500
+529,400
| +622% | +$7.24M |
|
3132
UFP Industries
UFPI
$4.96B
| $8.27M | ﹤0.01% |
83,229
+7,513
| +10% | +$758K |
|
|
SERV
3133
CALL
Serve Robotics
SERV
$433M
| $8.27M | ﹤0.01% |
722,600
+21,800
| +3% | +$192K |
|
3134
iShares Global Infrastructure ETF
IGF
$10.7B
| $8.26M | ﹤0.01% |
139,515
+135,773
| +3,628% | +$7.75M |
|
3135
CALL
Century Aluminum
CENX
$4.62B
| $8.26M | ﹤0.01% |
458,300
-239,500
| -34% | -$4.07M |
|
3136
Danaos Corp
DAC
$2.58B
| $8.25M | ﹤0.01% |
95,707
+57,889
| +153% | +$4.75M |
|
3137
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.6B
| $8.24M | ﹤0.01% |
109,012
-7,066
| -6% | -$485K |
|
3138
PUT
Cheesecake Factory
CAKE
$5.64B
| $8.23M | ﹤0.01% |
131,400
-33,700
| -20% | -$1.79M |
|
3139
CALL
Insight Enterprises
NSIT
$4.53B
| $8.2M | ﹤0.01% |
+59,400
| New | +$8M |
|
3140
Radian Group
RDN
$4.98B
| $8.19M | ﹤0.01% |
227,362
-2,384
| -1% | -$79.7K |
|
3141
Birkenstock
BIRK
$7B
| $8.19M | ﹤0.01% |
166,432
+113,563
| +215% | +$5.84M |
|
3142
HP
HPQ
$27.5B
| $8.17M | ﹤0.01% |
334,001
-805,654
| -71% | -$20.5M |
|
3143
iShares Europe ETF
IEV
$1.7B
| $8.16M | ﹤0.01% |
128,962
+114,548
| +795% | +$6.96M |
|
3144
Diamondback Energy
FANG
$56.7B
| $8.16M | ﹤0.01% |
59,354
-16,176
| -21% | -$2.24M |
|
3145
CALL
Applied Industrial Technologies
AIT
$13.3B
| $8.14M | ﹤0.01% |
35,000
+18,800
| +116% | +$4.28M |
|
3146
Atlas Energy Solutions
AESI
$1.56B
| $8.13M | ﹤0.01% |
608,007
+502,093
| +474% | +$6.86M |
|
|
3147
Avantor
AVTR
$9.24B
| $8.13M | ﹤0.01% |
603,921
+554,523
| +1,123% | +$7.59M |
|
|
AD
3148
PUT
Array Digital Infrastructure
AD
$3.11B
| $8.12M | ﹤0.01% |
127,000
+123,000
| +3,075% | +$7.82M |
|
3149
CALL
Aramark
ARMK
$16.4B
| $8.12M | ﹤0.01% |
194,000
+175,200
| +932% | +$6.5M |
|
3150
Watts Water Technologies
WTS
$12.8B
| $8.12M | ﹤0.01% |
33,021
+171
| +0.5% | +$38.5K |
|
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.