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 | |
|---|---|---|---|---|---|---|
3501
Weibo
WB
$1.88B
| $6.54M | ﹤0.01% |
686,276
-522,669
| -43% | -$4.59M |
|
3502
CALL
IAMGOLD
IAG
$10.4B
| $6.54M | ﹤0.01% |
889,700
+181,000
| +26% | +$1.27M |
|
3503
Piper Sandler
PIPR
$5.41B
| $6.54M | ﹤0.01% |
94,104
+7,628
| +9% | +$475K |
|
3504
Harrow
HROW
$1.5B
| $6.53M | ﹤0.01% |
213,909
+8,595
| +4% | +$231K |
|
|
WCC
3505
WESCO International
WCC
$17.6B
| $6.53M | ﹤0.01% |
35,273
+16,017
| +83% | +$2.64M |
|
|
HNGE
3506
PUT
Hinge Health
HNGE
$7.14B
| $6.53M | ﹤0.01% |
+126,200
| New | +$5.1M |
|
3507
ICICI Bank
IBN
$107B
| $6.52M | ﹤0.01% |
193,883
-329,287
| -63% | -$10.9M |
|
3508
PUT
Alerian MLP ETF
AMLP
$13.2B
| $6.5M | ﹤0.01% |
133,000
-186,500
| -58% | -$9.04M |
|
3509
ESCO Technologies
ESE
$7.92B
| $6.5M | ﹤0.01% |
33,856
+2,416
| +8% | +$413K |
|
3510
ACM Research
ACMR
$5.6B
| $6.48M | ﹤0.01% |
250,374
-194,381
| -44% | -$4.37M |
|
3511
PUT
OSI Systems
OSIS
$3.76B
| $6.48M | ﹤0.01% |
28,800
+2,900
| +11% | +$619K |
|
3512
FirstCash
FCFS
$9.31B
| $6.47M | ﹤0.01% |
47,863
+1,677
| +4% | +$215K |
|
3513
TeraWulf
WULF
$8.67B
| $6.47M | ﹤0.01% |
1,476,276
+1,149,687
| +352% | +$3.93M |
|
|
XIFR
3514
CALL
XPLR Infrastructure LP
XIFR
$1.11B
| $6.46M | ﹤0.01% |
788,400
-114,600
| -13% | -$995K |
|
3515
IES Holdings
IESC
$15.1B
| $6.46M | ﹤0.01% |
21,792
-5,418
| -20% | -$1.28M |
|
3516
CALL
Fidelity MSCI Information Technology Index ETF
FTEC
$21.5B
| $6.45M | ﹤0.01% |
32,700
+19,700
| +152% | +$3.41M |
|
3517
Otis Worldwide
OTIS
$27.6B
| $6.45M | ﹤0.01% |
65,122
+30,725
| +89% | +$2.97M |
|
3518
CALL
Webster Financial
WBS
$12.8B
| $6.45M | ﹤0.01% |
118,100
+47,500
| +67% | +$2.37M |
|
3519
Interactive Brokers
IBKR
$41.7B
| $6.45M | ﹤0.01% |
116,353
-438,719
| -79% | -$20.8M |
|
3520
CALL
Glaukos
GKOS
$10.9B
| $6.45M | ﹤0.01% |
62,400
+5,500
| +10% | +$516K |
|
3521
NetApp
NTAP
$40.6B
| $6.44M | ﹤0.01% |
60,469
+17,157
| +40% | +$1.63M |
|
|
SFBS
3522
ServisFirst Bancshares
SFBS
$4.99B
| $6.44M | ﹤0.01% |
83,095
+722
| +0.9% | +$53.3K |
|
3523
CALL
CVR Energy
CVI
$3.54B
| $6.44M | ﹤0.01% |
239,800
-18,300
| -7% | -$403K |
|
3524
Celanese
CE
$5.01B
| $6.44M | ﹤0.01% |
116,305
-97,197
| -46% | -$4.84M |
|
3525
PPG Industries
PPG
$25.4B
| $6.43M | ﹤0.01% |
56,549
+22,730
| +67% | +$2.46M |
|
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.