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 | |
|---|---|---|---|---|---|---|
|
FITB
3151
PUT
Fifth Third Bancorp
FITB
$52.7B
| $8.1M | ﹤0.01% |
196,900
-9,900
| -5% | -$371K |
|
3152
Federal Signal
FSS
$7.68B
| $8.1M | ﹤0.01% |
76,097
+2,365
| +3% | +$211K |
|
|
CUK
3153
DELISTED
Carnival PLC
CUK
| $8.09M | ﹤0.01% |
317,252
-6,048
| -2% | -$117K |
|
3154
Crocs
CROX
$6.32B
| $8.09M | ﹤0.01% |
79,876
+24,668
| +45% | +$2.51M |
|
3155
CALL
Camping World
CWH
$662M
| $8.09M | ﹤0.01% |
470,600
+242,000
| +106% | +$3.77M |
|
|
EXK
3156
Endeavour Silver
EXK
$3.16B
| $8.09M | ﹤0.01% |
1,643,974
+1,158,191
| +238% | +$4.56M |
|
3157
CALL
Scotiabank
BNS
$112B
| $8.09M | ﹤0.01% |
146,300
-258,800
| -64% | -$13.2M |
|
3158
Asbury Automotive
ABG
$3.78B
| $8.09M | ﹤0.01% |
33,896
+3,748
| +12% | +$857K |
|
3159
Dimensional International Core Equity 2 ETF
DFIC
$15.3B
| $8.08M | ﹤0.01% |
260,009
+83,437
| +47% | +$2.44M |
|
3160
iShares Biotechnology ETF
IBB
$9.73B
| $8.08M | ﹤0.01% |
63,873
-42,060
| -40% | -$5.16M |
|
3161
Fastenal
FAST
$58.5B
| $8.08M | ﹤0.01% |
192,348
+56,480
| +42% | +$2.29M |
|
3162
CALL
Schwab US Broad Market ETF
SCHB
$45.1B
| $8.06M | ﹤0.01% |
338,400
+177,800
| +111% | +$3.92M |
|
3163
PUT
Blackstone Mortgage Trust
BXMT
$2.44B
| $8.06M | ﹤0.01% |
418,700
+132,300
| +46% | +$2.51M |
|
|
MASI
3164
CALL
DELISTED
Masimo
MASI
| $8.06M | ﹤0.01% |
47,900
+35,100
| +274% | +$5.61M |
|
3165
Pultegroup
PHM
$24.8B
| $8.06M | ﹤0.01% |
76,403
-15,754
| -17% | -$1.59M |
|
3166
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $8.05M | ﹤0.01% |
29,900
-10,000
| -25% | -$2.4M |
|
3167
Citizens Financial Group
CFG
$31.5B
| $8.02M | ﹤0.01% |
179,314
-373,019
| -68% | -$14.7M |
|
3168
Cal-Maine
CALM
$3.8B
| $8.02M | ﹤0.01% |
80,513
-271,376
| -77% | -$25.9M |
|
3169
CALL
Weyerhaeuser
WY
$17.7B
| $8.01M | ﹤0.01% |
311,700
-69,700
| -18% | -$1.82M |
|
3170
Williams-Sonoma
WSM
$28.4B
| $8M | ﹤0.01% |
48,963
-5,107
| -9% | -$802K |
|
3171
Eastman Chemical
EMN
$8.47B
| $8M | ﹤0.01% |
107,094
+68,853
| +180% | +$5.41M |
|
3172
CALL
Host Hotels & Resorts
HST
$15.7B
| $7.98M | ﹤0.01% |
519,700
+256,300
| +97% | +$3.8M |
|
3173
CALL
dLocal
DLO
$4.17B
| $7.98M | ﹤0.01% |
703,800
-283,400
| -29% | -$2.79M |
|
3174
CALL
SiteOne Landscape Supply
SITE
$4.3B
| $7.97M | ﹤0.01% |
65,900
-1,100
| -2% | -$130K |
|
3175
PUT
iRhythm Holdings
IRTC
$4.17B
| $7.96M | ﹤0.01% |
51,700
-2,100
| -4% | -$271K |
|
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.