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 | |
|---|---|---|---|---|---|---|
3276
CALL
Scholar Rock
SRRK
$6.4B
| $7.48M | ﹤0.01% |
211,100
+37,500
| +22% | +$1.18M |
|
3277
CALL
Safety Insurance
SAFT
$1.52B
| $7.47M | ﹤0.01% |
94,100
+800
| +0.9% | +$63.1K |
|
3278
CALL
NextNav
NN
$3.36B
| $7.46M | ﹤0.01% |
490,800
+353,700
| +258% | +$4.54M |
|
3279
CALL
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $7.45M | ﹤0.01% |
26,900
-9,600
| -26% | -$2.47M |
|
3280
Rapid7
RPD
$876M
| $7.44M | ﹤0.01% |
321,855
-22,228
| -6% | -$527K |
|
3281
Red Rock Resorts
RRR
$3.76B
| $7.44M | ﹤0.01% |
143,077
-116,974
| -45% | -$5.34M |
|
3282
Herbalife
HLF
$1.29B
| $7.44M | ﹤0.01% |
863,457
+162,087
| +23% | +$1.2M |
|
3283
Bio-Techne
TECH
$11.3B
| $7.44M | ﹤0.01% |
144,638
+130,329
| +911% | +$6.55M |
|
3284
Vanguard Morningstar Mid-Cap ETF
VO
$111B
| $7.43M | ﹤0.01% |
106,264
+101,064
| +1,944% | +$6.63M |
|
|
ETOR
3285
PUT
eToro Group
ETOR
$2.27B
| $7.43M | ﹤0.01% |
+111,600
| New | +$7.19M |
|
3286
ProShares Online Retail ETF
ONLN
$64.7M
| $7.43M | ﹤0.01% |
146,411
+65,366
| +81% | +$2.98M |
|
3287
CALL
Portillo's
PTLO
$374M
| $7.42M | ﹤0.01% |
635,900
+109,900
| +21% | +$1.27M |
|
3288
Commercial Metals
CMC
$7.92B
| $7.41M | ﹤0.01% |
151,432
-5,222
| -3% | -$242K |
|
3289
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $7.4M | ﹤0.01% |
55,968
+19,946
| +55% | +$2.56M |
|
|
NUVL
3290
PUT
DELISTED
Nuvalent
NUVL
| $7.39M | ﹤0.01% |
96,900
+44,300
| +84% | +$3.24M |
|
3291
PUT
Raymond James Financial
RJF
$34.8B
| $7.39M | ﹤0.01% |
48,200
-47,100
| -49% | -$6.74M |
|
3292
SPS Commerce
SPSC
$2.86B
| $7.39M | ﹤0.01% |
54,312
+7,484
| +16% | +$1.04M |
|
3293
L3Harris
LHX
$54.3B
| $7.38M | ﹤0.01% |
29,438
+13,626
| +86% | +$3.13M |
|
3294
PUT
GXO Logistics
GXO
$5.59B
| $7.38M | ﹤0.01% |
151,500
+55,300
| +57% | +$2.2M |
|
3295
CALL
Revolution Medicines
RVMD
$43.7B
| $7.38M | ﹤0.01% |
200,500
+99,000
| +98% | +$3.8M |
|
3296
2x Bitcoin ETF
BITX
$849M
| $7.38M | ﹤0.01% |
136,539
-293,543
| -68% | -$14.1M |
|
3297
CALL
Snap-on
SNA
$20.9B
| $7.37M | ﹤0.01% |
23,700
+2,100
| +10% | +$668K |
|
3298
Ameris Bancorp
ABCB
$6.02B
| $7.36M | ﹤0.01% |
113,779
-2,221
| -2% | -$132K |
|
3299
SL Green Realty
SLG
$3.97B
| $7.35M | ﹤0.01% |
118,800
+27,643
| +30% | +$1.58M |
|
3300
CALL
GlobalFoundries
GFS
$30B
| $7.35M | ﹤0.01% |
192,500
-207,500
| -52% | -$7.52M |
|
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.