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 | |
|---|---|---|---|---|---|---|
|
ONT
3626
CALL
Onterris Inc
ONT
$619M
| $6.06M | ﹤0.01% |
276,700
+19,000
| +7% | +$341K |
|
3627
Kite Realty
KRG
$5.3B
| $6.06M | ﹤0.01% |
267,406
+1,746
| +0.7% | +$38.4K |
|
|
HNGE
3628
CALL
Hinge Health
HNGE
$7.14B
| $6.04M | ﹤0.01% |
+116,800
| New | +$4.72M |
|
3629
New Jersey Resources
NJR
$5.64B
| $6.04M | ﹤0.01% |
134,760
+5,101
| +4% | +$239K |
|
3630
PUT
iShares MSCI ACWI ETF
ACWI
$33.6B
| $6.03M | ﹤0.01% |
46,900
-58,000
| -55% | -$6.95M |
|
3631
Murphy Oil
MUR
$4.96B
| $6.02M | ﹤0.01% |
267,744
-3,551
| -1% | -$79.2K |
|
3632
Navios Maritime Partners
NMM
$2.33B
| $6.02M | ﹤0.01% |
+159,842
| New | +$5.9M |
|
3633
American Water Works
AWK
$27.1B
| $6.01M | ﹤0.01% |
43,190
+27,586
| +177% | +$3.95M |
|
3634
iShares MSCI Intl Quality Factor ETF
IQLT
$14.3B
| $6.01M | ﹤0.01% |
+138,992
| New | +$5.77M |
|
3635
CALL
Harrow
HROW
$1.5B
| $6.01M | ﹤0.01% |
196,700
+108,400
| +123% | +$2.91M |
|
3636
CALL
Canadian Solar
CSIQ
$1.03B
| $6M | ﹤0.01% |
543,900
+250,000
| +85% | +$2.42M |
|
3637
CALL
Advanced Energy
AEIS
$13.2B
| $6M | ﹤0.01% |
45,300
+35,300
| +353% | +$3.89M |
|
3638
CALL
Haemonetics
HAE
$4.13B
| $6M | ﹤0.01% |
80,400
-30,600
| -28% | -$2.03M |
|
3639
Laureate Education
LAUR
$5.18B
| $6M | ﹤0.01% |
256,442
-84,414
| -25% | -$1.81M |
|
3640
Belden
BDC
$5.31B
| $5.99M | ﹤0.01% |
51,752
+1,365
| +3% | +$144K |
|
3641
International Bancshares
IBOC
$4.56B
| $5.99M | ﹤0.01% |
90,032
-2,642
| -3% | -$165K |
|
3642
Evergy
EVRG
$19.4B
| $5.99M | ﹤0.01% |
86,914
+42,654
| +96% | +$2.87M |
|
3643
Crown Castle
CCI
$32.3B
| $5.99M | ﹤0.01% |
58,304
+24,141
| +71% | +$2.44M |
|
|
GMS
3644
DELISTED
GMS Inc
GMS
| $5.99M | ﹤0.01% |
55,069
+490
| +0.9% | +$37.9K |
|
3645
Cathay General Bancorp
CATY
$4.33B
| $5.98M | ﹤0.01% |
131,392
+9,910
| +8% | +$421K |
|
3646
CALL
Grindr
GRND
$2.78B
| $5.98M | ﹤0.01% |
263,400
+108,100
| +70% | +$2.37M |
|
3647
CVR Partners
UAN
$1.31B
| $5.98M | ﹤0.01% |
67,272
+26,149
| +64% | +$2.1M |
|
3648
Seadrill
SDRL
$3B
| $5.97M | ﹤0.01% |
227,380
+36,960
| +19% | +$872K |
|
3649
Vail Resorts
MTN
$5.28B
| $5.96M | ﹤0.01% |
37,937
+32,031
| +542% | +$4.76M |
|
|
SEI
3650
PUT
Solaris Energy Infrastructure
SEI
$4.17B
| $5.96M | ﹤0.01% |
210,700
+156,700
| +290% | +$3.69M |
|
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.