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 | |
|---|---|---|---|---|---|---|
3351
PUT
Magna International
MGA
$18.8B
| $7.08M | ﹤0.01% |
183,500
-64,500
| -26% | -$2.28M |
|
3352
CareTrust REIT
CTRE
$9.16B
| $7.08M | ﹤0.01% |
231,375
-5,127
| -2% | -$148K |
|
3353
Selective Insurance
SIGI
$5.62B
| $7.08M | ﹤0.01% |
81,706
+10,164
| +14% | +$891K |
|
3354
Regal Rexnord
RRX
$11.7B
| $7.08M | ﹤0.01% |
48,816
+28,202
| +137% | +$3.54M |
|
3355
American Healthcare REIT
AHR
$10.5B
| $7.07M | ﹤0.01% |
192,368
-32,084
| -14% | -$1.07M |
|
|
ARR
3356
PUT
Armour Residential REIT
ARR
$2.37B
| $7.07M | ﹤0.01% |
420,300
+24,000
| +6% | +$385K |
|
3357
CALL
Direxion Daily Technology Bear 3x ETF
TECS
$59.6M
| $7.06M | ﹤0.01% |
26,380
-3,190
| -11% | -$1.4M |
|
3358
Ryman Hospitality Properties
RHP
$7.92B
| $7.05M | ﹤0.01% |
71,451
+760
| +1% | +$71K |
|
3359
CALL
First Horizon
FHN
$12.4B
| $7.05M | ﹤0.01% |
332,500
+93,000
| +39% | +$1.77M |
|
3360
PUT
Comstock Resources
CRK
$4.13B
| $7.04M | ﹤0.01% |
254,500
+143,000
| +128% | +$3.26M |
|
3361
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.9B
| $7.04M | ﹤0.01% |
87,912
-118,743
| -57% | -$8.56M |
|
3362
Astera Labs
ALAB
$55.8B
| $7.03M | ﹤0.01% |
77,800
+62,032
| +393% | +$4.9M |
|
3363
Terreno Realty
TRNO
$7.43B
| $7.03M | ﹤0.01% |
125,459
+882
| +0.7% | +$50.5K |
|
3364
Howard Hughes
HHH
$3.98B
| $7.03M | ﹤0.01% |
104,196
+40,445
| +63% | +$2.76M |
|
3365
CALL
Viking Holdings
VIK
$43.7B
| $7.03M | ﹤0.01% |
131,900
+1,800
| +1% | +$79.5K |
|
3366
Texas Capital Bancshares
TCBI
$4.39B
| $7.03M | ﹤0.01% |
88,509
-3,909
| -4% | -$280K |
|
3367
InterDigital
IDCC
$8.87B
| $7.02M | ﹤0.01% |
31,295
-1,571
| -5% | -$333K |
|
3368
PUT
Rapid7
RPD
$876M
| $7.01M | ﹤0.01% |
303,200
+181,900
| +150% | +$4.31M |
|
3369
Public Storage
PSA
$60.9B
| $7.01M | ﹤0.01% |
23,896
+7,280
| +44% | +$2.16M |
|
3370
Genuine Parts
GPC
$18.6B
| $7M | ﹤0.01% |
57,726
+30,159
| +109% | +$3.63M |
|
3371
PUT
Cytokinetics
CYTK
$10.3B
| $7M | ﹤0.01% |
211,900
-56,300
| -21% | -$1.96M |
|
|
LAZR
3372
CALL
DELISTED
Luminar Technologies
LAZR
| $7M | ﹤0.01% |
2,439,000
+40,100
| +2% | +$152K |
|
3373
iShares ESG Optimized MSCI USA ETF
SUSA
$4.19B
| $7M | ﹤0.01% |
55,226
+4,778
| +9% | +$563K |
|
3374
PUT
Halozyme
HALO
$11.2B
| $6.99M | ﹤0.01% |
134,400
+109,900
| +449% | +$6.25M |
|
3375
Q2 Holdings
QTWO
$4.04B
| $6.99M | ﹤0.01% |
74,686
-12,449
| -14% | -$1.05M |
|
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.