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 | |
|---|---|---|---|---|---|---|
3376
Corcept Therapeutics
CORT
$12.4B
| $6.99M | ﹤0.01% |
95,211
-24,019
| -20% | -$1.74M |
|
3377
Gulfport Energy Corp
GPOR
$3.01B
| $6.98M | ﹤0.01% |
34,715
+2,580
| +8% | +$481K |
|
3378
CALL
Blackstone Mortgage Trust
BXMT
$2.44B
| $6.98M | ﹤0.01% |
362,700
-70,900
| -16% | -$1.34M |
|
3379
Victory Capital Holdings
VCTR
$7.27B
| $6.97M | ﹤0.01% |
109,541
+8,614
| +9% | +$518K |
|
3380
CALL
Lattice Semiconductor
LSCC
$18.5B
| $6.97M | ﹤0.01% |
142,300
-4,700
| -3% | -$225K |
|
3381
CALL
PTC Therapeutics
PTCT
$5.98B
| $6.97M | ﹤0.01% |
142,700
-30,200
| -17% | -$1.43M |
|
3382
CALL
Gogo Inc
GOGO
$383M
| $6.96M | ﹤0.01% |
474,200
+383,000
| +420% | +$3.9M |
|
3383
Pitney Bowes
PBI
$2.25B
| $6.96M | ﹤0.01% |
638,037
+129,406
| +25% | +$1.22M |
|
3384
Xenon Pharmaceuticals
XENE
$6.03B
| $6.96M | ﹤0.01% |
+222,352
| New | +$7.25M |
|
3385
DexCom
DXCM
$33.9B
| $6.95M | ﹤0.01% |
79,658
-56,100
| -41% | -$4.4M |
|
3386
Alight
ALIT
$372M
| $6.95M | ﹤0.01% |
61,374
-4,110
| -6% | -$440K |
|
3387
PJT Partners
PJT
$4.46B
| $6.94M | ﹤0.01% |
42,075
+9,076
| +28% | +$1.32M |
|
3388
Hawaiian Electric Industries
HE
$2.03B
| $6.94M | ﹤0.01% |
652,741
+52,832
| +9% | +$551K |
|
3389
Scorpio Tankers
STNG
$3.98B
| $6.94M | ﹤0.01% |
177,274
-216,607
| -55% | -$8.45M |
|
3390
CALL
CorMedix
CRMD
$588M
| $6.93M | ﹤0.01% |
562,700
+437,400
| +349% | +$4.83M |
|
3391
Broadstone Net Lease
BNL
$4.38B
| $6.93M | ﹤0.01% |
431,828
+5,761
| +1% | +$92.3K |
|
3392
GraniteShares 2x Long AMD Daily ETF
AMDL
$1.14B
| $6.92M | ﹤0.01% |
813,119
+764,769
| +1,582% | +$4.06M |
|
3393
PUT
Silicon Motion
SIMO
$9.12B
| $6.92M | ﹤0.01% |
92,000
-13,000
| -12% | -$738K |
|
3394
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$196M
| $6.91M | ﹤0.01% |
58,300
+23,700
| +68% | +$3.63M |
|
3395
CALL
Fortuna Silver Mines
FSM
$3.16B
| $6.91M | ﹤0.01% |
1,056,900
-157,000
| -13% | -$973K |
|
3396
Moog Inc Class A
MOG.A
$14B
| $6.91M | ﹤0.01% |
38,172
-9,682
| -20% | -$1.7M |
|
3397
PUT
Franklin Resources
BEN
$17.2B
| $6.9M | ﹤0.01% |
289,500
-146,600
| -34% | -$3.02M |
|
3398
CALL
Lazard
LAZ
$4.35B
| $6.9M | ﹤0.01% |
143,900
+67,100
| +87% | +$2.81M |
|
3399
PUT
Euronet Worldwide
EEFT
$2.74B
| $6.9M | ﹤0.01% |
68,100
+24,600
| +57% | +$2.54M |
|
3400
CALL
Harley-Davidson
HOG
$2.89B
| $6.9M | ﹤0.01% |
292,500
+18,300
| +7% | +$435K |
|
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.