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 | |
|---|---|---|---|---|---|---|
|
KAUG
3176
Innovator U.S. Small Cap Power Buffer ETF - August
KAUG
$64.2M
| $7.95M | ﹤0.01% |
320,026
+249,565
| +354% | +$6.01M |
|
|
CEP
3177
DELISTED
Cantor Equity Partners
CEP
| $7.95M | ﹤0.01% |
+286,029
| New | +$8.73M |
|
3178
PUT
Albertsons Companies
ACI
$6.03B
| $7.94M | ﹤0.01% |
369,100
-346,000
| -48% | -$7.53M |
|
3179
Stellantis
STLA
$20.2B
| $7.93M | ﹤0.01% |
790,647
-75,833
| -9% | -$747K |
|
3180
Gartner
IT
$11.4B
| $7.92M | ﹤0.01% |
19,595
-1,979
| -9% | -$828K |
|
3181
Rush Street Interactive
RSI
$2.96B
| $7.92M | ﹤0.01% |
531,557
-234,931
| -31% | -$2.92M |
|
3182
Lantheus
LNTH
$6.59B
| $7.91M | ﹤0.01% |
96,660
+5,642
| +6% | +$495K |
|
3183
PUT
Aurora
AUR
$13.7B
| $7.91M | ﹤0.01% |
1,509,300
+1,008,600
| +201% | +$6.33M |
|
3184
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $7.91M | ﹤0.01% |
190,939
+42,850
| +29% | +$1.76M |
|
3185
CALL
Semtech
SMTC
$13.1B
| $7.9M | ﹤0.01% |
175,100
-42,800
| -20% | -$1.52M |
|
3186
PUT
Bread Financial
BFH
$4.58B
| $7.89M | ﹤0.01% |
138,200
+88,500
| +178% | +$4.46M |
|
3187
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $7.89M | ﹤0.01% |
148,120
+130,198
| +726% | +$6.79M |
|
3188
CALL
Ascendis Pharma A/S
ASND
$16.3B
| $7.89M | ﹤0.01% |
45,700
-17,400
| -28% | -$2.83M |
|
3189
PUT
International Flavors & Fragrances
IFF
$21.5B
| $7.88M | ﹤0.01% |
107,200
-51,900
| -33% | -$3.92M |
|
3190
Host Hotels & Resorts
HST
$15.7B
| $7.88M | ﹤0.01% |
512,977
+205,571
| +67% | +$3.04M |
|
3191
PUT
BCE
BCE
$21.9B
| $7.87M | ﹤0.01% |
355,100
+146,700
| +70% | +$3.21M |
|
3192
Arcosa
ACA
$7.14B
| $7.87M | ﹤0.01% |
90,729
+10,459
| +13% | +$875K |
|
|
VISN
3193
CALL
Vistance Networks Inc
VISN
$2.66B
| $7.86M | ﹤0.01% |
949,500
-30,600
| -3% | -$160K |
|
3194
PUT
Burford Capital
BUR
$960M
| $7.86M | ﹤0.01% |
551,300
+471,300
| +589% | +$6.16M |
|
3195
PUT
Sphere Entertainment
SPHR
$6.03B
| $7.86M | ﹤0.01% |
188,000
+49,900
| +36% | +$1.69M |
|
3196
iShares US Real Estate ETF
IYR
$4.59B
| $7.86M | ﹤0.01% |
82,894
+57,627
| +228% | +$5.38M |
|
3197
CALL
US Foods
USFD
$23.6B
| $7.86M | ﹤0.01% |
102,000
+60,700
| +147% | +$4.33M |
|
3198
Peabody Energy
BTU
$3.11B
| $7.85M | ﹤0.01% |
585,221
+251,019
| +75% | +$3.31M |
|
3199
iShares Micro-Cap ETF
IWC
$1.52B
| $7.85M | ﹤0.01% |
61,502
+10,482
| +21% | +$1.21M |
|
|
USAR
3200
PUT
USA Rare Earth Inc
USAR
$4.89B
| $7.85M | ﹤0.01% |
+716,300
| New | +$7.59M |
|
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.