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 | |
|---|---|---|---|---|---|---|
3451
CALL
Rexford Industrial Realty
REXR
$8.08B
| $6.74M | ﹤0.01% |
189,600
+31,800
| +20% | +$1.11M |
|
3452
CALL
Protagonist Therapeutics
PTGX
$10B
| $6.74M | ﹤0.01% |
122,000
-32,500
| -21% | -$1.56M |
|
3453
MarketAxess Holdings
MKTX
$5.72B
| $6.73M | ﹤0.01% |
30,150
+12,488
| +71% | +$2.74M |
|
3454
Workiva
WK
$3.84B
| $6.72M | ﹤0.01% |
98,224
-3,732
| -4% | -$257K |
|
3455
Acuity Brands
AYI
$10.7B
| $6.72M | ﹤0.01% |
22,533
+20,609
| +1,071% | +$5.34M |
|
3456
PUT
Allot
ALLT
$383M
| $6.72M | ﹤0.01% |
785,800
+65,600
| +9% | +$472K |
|
3457
PUT
iQIYI
IQ
$1.3B
| $6.72M | ﹤0.01% |
3,795,200
-1,628,700
| -30% | -$2.93M |
|
|
EFOR
3458
Everforth Inc
EFOR
$1.3B
| $6.71M | ﹤0.01% |
134,309
+83,305
| +163% | +$4.55M |
|
3459
Goldman Sachs ETF Trust Goldman Sachs S&P 500 Premium Income ETF
GPIX
$5.24B
| $6.7M | ﹤0.01% |
134,457
+94,891
| +240% | +$4.44M |
|
3460
CALL
Mid-America Apartment Communities
MAA
$15.5B
| $6.69M | ﹤0.01% |
45,200
-44,500
| -50% | -$6.94M |
|
3461
Boot Barn
BOOT
$4.95B
| $6.69M | ﹤0.01% |
43,998
+5,282
| +14% | +$701K |
|
3462
United Therapeutics
UTHR
$21.4B
| $6.69M | ﹤0.01% |
23,266
+16,625
| +250% | +$4.97M |
|
|
GTM
3463
CALL
ZoomInfo Technologies
GTM
$1.18B
| $6.68M | ﹤0.01% |
660,500
-540,500
| -45% | -$5M |
|
3464
Ameriprise Financial
AMP
$50.3B
| $6.68M | ﹤0.01% |
12,521
+4,299
| +52% | +$2.12M |
|
|
OSG
3465
Octave Specialty Group
OSG
$221M
| $6.68M | ﹤0.01% |
940,583
-239,974
| -20% | -$1.79M |
|
3466
Credit Acceptance
CACC
$6.1B
| $6.68M | ﹤0.01% |
13,103
+2,493
| +23% | +$1.22M |
|
3467
PUT
Core & Main
CNM
$8.61B
| $6.67M | ﹤0.01% |
110,600
-30,000
| -21% | -$1.6M |
|
3468
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.44B
| $6.67M | ﹤0.01% |
140,275
+130,426
| +1,324% | +$6.17M |
|
3469
Casey's General Stores
CASY
$31.3B
| $6.67M | ﹤0.01% |
13,068
+5,773
| +79% | +$2.66M |
|
3470
Vanguard California Tax-Exempt Bond ETF
VTEC
$3.1B
| $6.67M | ﹤0.01% |
+68,306
| New | +$6.63M |
|
3471
PUT
Factset
FDS
$10.1B
| $6.66M | ﹤0.01% |
14,900
+12,600
| +548% | +$5.52M |
|
3472
CALL
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.9M
| $6.66M | ﹤0.01% |
101,700
+15,400
| +18% | +$879K |
|
3473
CALL
UroGen Pharma
URGN
$2.36B
| $6.66M | ﹤0.01% |
486,300
+466,100
| +2,307% | +$4.47M |
|
3474
PUT
iShares US Transportation ETF
IYT
$2.28B
| $6.66M | ﹤0.01% |
97,200
+67,000
| +222% | +$4.27M |
|
3475
CALL
NexGen Energy
NXE
$6.97B
| $6.66M | ﹤0.01% |
959,800
-2,583,400
| -73% | -$14.6M |
|
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.