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 | |
|---|---|---|---|---|---|---|
3526
CALL
Impinj
PI
$5.28B
| $6.43M | ﹤0.01% |
57,900
+13,500
| +30% | +$1.34M |
|
3527
ACI Worldwide
ACIW
$5.4B
| $6.43M | ﹤0.01% |
139,995
-9,030
| -6% | -$444K |
|
|
PONY
3528
Pony AI Inc
PONY
$3.54B
| $6.43M | ﹤0.01% |
+486,835
| New | +$5.88M |
|
3529
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.92B
| $6.42M | ﹤0.01% |
30,176
+3,134
| +12% | +$586K |
|
3530
WEC Energy
WEC
$36B
| $6.42M | ﹤0.01% |
61,615
+24,846
| +68% | +$2.64M |
|
3531
PUT
Invesco
IVZ
$14.4B
| $6.42M | ﹤0.01% |
407,000
+242,700
| +148% | +$3.49M |
|
3532
CALL
East-West Bancorp
EWBC
$18.7B
| $6.41M | ﹤0.01% |
63,500
+10,200
| +19% | +$904K |
|
3533
FMC
FMC
$1.27B
| $6.4M | ﹤0.01% |
153,334
-219,310
| -59% | -$8.71M |
|
3534
PUT
Penumbra
PEN
$12.9B
| $6.39M | ﹤0.01% |
24,900
+13,000
| +109% | +$3.54M |
|
3535
PUT
Arqit Quantum
ARQQ
$424M
| $6.39M | ﹤0.01% |
172,500
+141,000
| +448% | +$3.02M |
|
|
WRD
3536
CALL
WeRide Inc
WRD
$1.92B
| $6.39M | ﹤0.01% |
+810,600
| New | +$7.23M |
|
3537
Summit Therapeutics
SMMT
$10.6B
| $6.38M | ﹤0.01% |
299,973
+46,474
| +18% | +$1.06M |
|
|
MSTZ
3538
CALL
T-Rex 2X Inverse MSTR Daily Target ETF
MSTZ
$103M
| $6.38M | ﹤0.01% |
1,525,900
+1,013,600
| +198% | +$6.36M |
|
3539
PUT
Gulfport Energy Corp
GPOR
$3.01B
| $6.38M | ﹤0.01% |
31,700
+13,300
| +72% | +$2.48M |
|
3540
CALL
Genius Sports
GENI
$2.33B
| $6.37M | ﹤0.01% |
612,800
+39,500
| +7% | +$395K |
|
3541
CALL
Icon
ICLR
$12.6B
| $6.37M | ﹤0.01% |
43,800
+19,900
| +83% | +$2.82M |
|
3542
CALL
Allegion
ALLE
$14B
| $6.37M | ﹤0.01% |
44,200
+29,500
| +201% | +$4.03M |
|
|
CHYM
3543
Chime Financial
CHYM
$12.1B
| $6.37M | ﹤0.01% |
+184,569
| New | +$6.08M |
|
3544
Cooper Companies
COO
$14.9B
| $6.36M | ﹤0.01% |
89,392
+66,889
| +297% | +$5.12M |
|
|
BCPC
3545
Balchem Corp
BCPC
$5.69B
| $6.36M | ﹤0.01% |
39,932
-1,961
| -5% | -$318K |
|
3546
CALL
Direxion Daily AAPL Bull 2X ETF
AAPU
$188M
| $6.35M | ﹤0.01% |
289,500
+236,500
| +446% | +$5.17M |
|
3547
PUT
H&R Block
HRB
$6.83B
| $6.35M | ﹤0.01% |
115,700
-41,200
| -26% | -$2.38M |
|
3548
CALL
Liquidia Corp
LQDA
$6.66B
| $6.35M | ﹤0.01% |
509,500
+435,300
| +587% | +$6.45M |
|
3549
Quanta Services
PWR
$103B
| $6.35M | ﹤0.01% |
16,788
+5,794
| +53% | +$1.86M |
|
3550
CALL
Eldorado Gold
EGO
$10.4B
| $6.34M | ﹤0.01% |
311,800
-212,200
| -40% | -$4.13M |
|
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.