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 | |
|---|---|---|---|---|---|---|
3201
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.77B
| $7.85M | ﹤0.01% |
48,655
+45,708
| +1,551% | +$7.28M |
|
|
SMLR
3202
CALL
DELISTED
Semler Scientific
SMLR
| $7.85M | ﹤0.01% |
202,600
+179,300
| +770% | +$6.39M |
|
3203
PUT
Churchill Downs
CHDN
$6.33B
| $7.85M | ﹤0.01% |
77,700
+59,800
| +334% | +$5.85M |
|
3204
CALL
SSR Mining
SSRM
$6.56B
| $7.85M | ﹤0.01% |
615,800
+111,500
| +22% | +$1.26M |
|
3205
PUT
KULR Technology Group
KULR
$122M
| $7.83M | ﹤0.01% |
1,098,700
+988,962
| +901% | +$9.38M |
|
3206
PUT
Sabre
SABR
$900M
| $7.83M | ﹤0.01% |
2,478,600
+116,300
| +5% | +$298K |
|
3207
Shell
SHEL
$250B
| $7.82M | ﹤0.01% |
111,107
+79,988
| +257% | +$5.36M |
|
3208
CALL
Remitly
RELY
$5.54B
| $7.82M | ﹤0.01% |
416,500
+256,200
| +160% | +$5.33M |
|
3209
Essential Properties Realty Trust
EPRT
$6.72B
| $7.82M | ﹤0.01% |
244,926
+32,220
| +15% | +$1.03M |
|
3210
CALL
Rogers Communications
RCI
$19.7B
| $7.81M | ﹤0.01% |
263,300
-63,600
| -19% | -$1.67M |
|
3211
CALL
XPO
XPO
$24.7B
| $7.8M | ﹤0.01% |
61,800
+1,100
| +2% | +$123K |
|
3212
PUT
BBVA Argentina
BBAR
$3.13B
| $7.79M | ﹤0.01% |
473,100
-91,500
| -16% | -$1.75M |
|
3213
CALL
SiTime
SITM
$21.4B
| $7.78M | ﹤0.01% |
36,500
-22,400
| -38% | -$4.05M |
|
3214
CALL
DTE Energy
DTE
$29.3B
| $7.78M | ﹤0.01% |
58,700
-25,100
| -30% | -$3.38M |
|
3215
VF Corp
VFC
$5.85B
| $7.77M | ﹤0.01% |
661,236
+349,086
| +112% | +$4.33M |
|
3216
PUT
Seadrill
SDRL
$3B
| $7.76M | ﹤0.01% |
295,700
+44,100
| +18% | +$1.04M |
|
3217
CALL
Frontline
FRO
$9.17B
| $7.76M | ﹤0.01% |
472,700
+37,900
| +9% | +$643K |
|
3218
CALL
Viasat
VSAT
$11.4B
| $7.76M | ﹤0.01% |
531,200
+323,800
| +156% | +$3.28M |
|
|
HOLX
3219
CALL
DELISTED
Hologic
HOLX
| $7.75M | ﹤0.01% |
119,000
+500
| +0.4% | +$30K |
|
3220
Insulet
PODD
$9.94B
| $7.74M | ﹤0.01% |
24,621
+11,234
| +84% | +$3.24M |
|
|
TXNM
3221
TXNM Energy Inc
TXNM
$5.91B
| $7.73M | ﹤0.01% |
137,340
+6,123
| +5% | +$333K |
|
3222
Republic Services
RSG
$65.7B
| $7.73M | ﹤0.01% |
31,348
+11,131
| +55% | +$2.75M |
|
3223
CALL
Agree Realty
ADC
$9.3B
| $7.72M | ﹤0.01% |
105,700
-16,000
| -13% | -$1.2M |
|
3224
CALL
Atmos Energy
ATO
$28.7B
| $7.72M | ﹤0.01% |
50,100
+7,700
| +18% | +$1.2M |
|
3225
CALL
JetBlue
JBLU
$2.13B
| $7.72M | ﹤0.01% |
1,824,000
+1,260,800
| +224% | +$5.64M |
|
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.