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 | |
|---|---|---|---|---|---|---|
3251
PUT
Sibanye-Stillwater
SBSW
$7.62B
| $7.59M | ﹤0.01% |
1,051,000
+46,900
| +5% | +$256K |
|
3252
CALL
Procept Biorobotics
PRCT
$1.24B
| $7.58M | ﹤0.01% |
131,600
+2,500
| +2% | +$141K |
|
3253
Associated Banc-Corp
ASB
$6.11B
| $7.58M | ﹤0.01% |
310,774
-11,516
| -4% | -$259K |
|
|
SMLR
3254
DELISTED
Semler Scientific
SMLR
| $7.58M | ﹤0.01% |
195,615
+158,388
| +425% | +$5.65M |
|
3255
PUT
Harley-Davidson
HOG
$2.89B
| $7.58M | ﹤0.01% |
321,000
+68,700
| +27% | +$1.63M |
|
3256
PUT
Rithm Capital
RITM
$5.79B
| $7.57M | ﹤0.01% |
670,700
+269,300
| +67% | +$2.97M |
|
|
CBL
3257
CALL
CBL Properties
CBL
$1.8B
| $7.56M | ﹤0.01% |
297,900
+1,200
| +0.4% | +$29.6K |
|
3258
CALL
Celanese
CE
$5.01B
| $7.56M | ﹤0.01% |
136,700
-80,500
| -37% | -$4.01M |
|
3259
PUT
Spire Global
SPIR
$567M
| $7.56M | ﹤0.01% |
635,500
+278,900
| +78% | +$2.81M |
|
3260
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $7.56M | ﹤0.01% |
59,722
-74,576
| -56% | -$8.28M |
|
3261
PUT
uniQure
QURE
$3.37B
| $7.56M | ﹤0.01% |
542,300
+385,600
| +246% | +$5.19M |
|
|
HDV
3262
CALL
iShares Core High Dividend ETF
HDV
$15.1B
| $7.55M | ﹤0.01% |
322,000
-83,500
| -21% | -$1.92M |
|
3263
DaVita
DVA
$11.5B
| $7.54M | ﹤0.01% |
52,944
+3,135
| +6% | +$444K |
|
3264
Merit Medical Systems
MMSI
$5.42B
| $7.53M | ﹤0.01% |
80,567
+12,605
| +19% | +$1.19M |
|
3265
CALL
Infosys
INFY
$49B
| $7.53M | ﹤0.01% |
406,200
+99,000
| +32% | +$1.77M |
|
3266
CALL
BorgWarner
BWA
$14B
| $7.52M | ﹤0.01% |
224,700
+35,700
| +19% | +$1.09M |
|
3267
PUT
SSR Mining
SSRM
$6.56B
| $7.52M | ﹤0.01% |
590,300
+207,700
| +54% | +$2.34M |
|
3268
CALL
W.R. Berkley
WRB
$26.2B
| $7.51M | ﹤0.01% |
102,200
-42,200
| -29% | -$3.02M |
|
|
GRRR
3269
PUT
Gorilla Technology Group
GRRR
$454M
| $7.51M | ﹤0.01% |
377,400
+120,900
| +47% | +$2.26M |
|
3270
PUT
Intuitive Machines
LUNR
$3.05B
| $7.5M | ﹤0.01% |
690,400
+75,800
| +12% | +$742K |
|
3271
YPF Sociedad Anonima ADS
YPF
$19.6B
| $7.5M | ﹤0.01% |
238,616
-508,720
| -68% | -$17M |
|
3272
Axos Financial
AX
$5.8B
| $7.5M | ﹤0.01% |
98,625
-5,263
| -5% | -$356K |
|
3273
PUT
StoneCo
STNE
$2.32B
| $7.49M | ﹤0.01% |
466,800
-633,300
| -58% | -$8.45M |
|
3274
Installed Building Products
IBP
$6.39B
| $7.49M | ﹤0.01% |
41,522
+854
| +2% | +$142K |
|
3275
GATX Corp
GATX
$6.38B
| $7.48M | ﹤0.01% |
48,733
+5,854
| +14% | +$877K |
|
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.