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 | |
|---|---|---|---|---|---|---|
3476
Molson Coors Class B
TAP
$7.97B
| $6.66M | ﹤0.01% |
138,434
+27,180
| +24% | +$1.5M |
|
|
SAND
3477
CALL
DELISTED
Sandstorm Gold
SAND
| $6.66M | ﹤0.01% |
708,000
+151,300
| +27% | +$1.3M |
|
3478
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $6.65M | ﹤0.01% |
247,302
+211,207
| +585% | +$5.81M |
|
3479
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$430M
| $6.65M | ﹤0.01% |
296,600
+199,300
| +205% | +$4.38M |
|
3480
UroGen Pharma
URGN
$2.36B
| $6.64M | ﹤0.01% |
484,823
+392,798
| +427% | +$3.77M |
|
3481
SiteOne Landscape Supply
SITE
$4.3B
| $6.64M | ﹤0.01% |
54,884
+37,469
| +215% | +$4.43M |
|
3482
Ameren
AEE
$30.4B
| $6.64M | ﹤0.01% |
69,112
+18,418
| +36% | +$1.79M |
|
3483
CALL
Porch Group
PRCH
$1.97B
| $6.63M | ﹤0.01% |
562,600
+151,500
| +37% | +$1.3M |
|
3484
PUT
Apogee Therapeutics
APGE
$10.2B
| $6.63M | ﹤0.01% |
152,700
+63,400
| +71% | +$2.41M |
|
3485
CALL
Howard Hughes
HHH
$3.98B
| $6.63M | ﹤0.01% |
98,200
+38,300
| +64% | +$2.62M |
|
3486
Fidelity National Information Services
FIS
$22.1B
| $6.62M | ﹤0.01% |
81,295
-119,506
| -60% | -$9.3M |
|
3487
PUT
ScottsMiracle-Gro
SMG
$3.55B
| $6.62M | ﹤0.01% |
100,300
+32,400
| +48% | +$1.87M |
|
3488
SiriusPoint
SPNT
$2.76B
| $6.61M | ﹤0.01% |
324,207
+192,708
| +147% | +$3.54M |
|
3489
ONE Gas
OGS
$5.09B
| $6.61M | ﹤0.01% |
91,981
+10,336
| +13% | +$776K |
|
|
REVG
3490
DELISTED
REV Group
REVG
| $6.6M | ﹤0.01% |
138,649
+3,328
| +2% | +$124K |
|
3491
Shake Shack
SHAK
$3.02B
| $6.6M | ﹤0.01% |
46,923
-28,441
| -38% | -$3.1M |
|
3492
PUT
Evercore
EVR
$11.8B
| $6.59M | ﹤0.01% |
24,400
+6,600
| +37% | +$1.45M |
|
3493
CALL
Honda
HMC
$41B
| $6.58M | ﹤0.01% |
228,400
+91,700
| +67% | +$2.67M |
|
3494
Sony
SONY
$142B
| $6.58M | ﹤0.01% |
252,887
-282,830
| -53% | -$7.08M |
|
3495
Steel Dynamics
STLD
$36.7B
| $6.58M | ﹤0.01% |
51,408
+8,082
| +19% | +$1.03M |
|
3496
PUT
Telephone and Data Systems
TDS
$4.05B
| $6.56M | ﹤0.01% |
184,400
+142,200
| +337% | +$4.99M |
|
3497
CALL
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $6.56M | ﹤0.01% |
18,100
-700
| -4% | -$238K |
|
3498
CALL
UL Solutions
ULS
$15.6B
| $6.56M | ﹤0.01% |
90,000
+69,900
| +348% | +$4.58M |
|
3499
Compass
COMP
$9.99B
| $6.55M | ﹤0.01% |
1,042,232
+604,625
| +138% | +$4.14M |
|
3500
CALL
New Oriental
EDU
$8.36B
| $6.54M | ﹤0.01% |
121,300
+17,800
| +17% | +$845K |
|
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.