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 | |
|---|---|---|---|---|---|---|
3651
PUT
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.1M
| $5.96M | ﹤0.01% |
194,500
-81,200
| -29% | -$3.12M |
|
3652
Entegris
ENTG
$24.7B
| $5.96M | ﹤0.01% |
73,875
-67,227
| -48% | -$5.11M |
|
3653
Rubrik
RBRK
$21B
| $5.96M | ﹤0.01% |
66,487
-264,277
| -80% | -$20.9M |
|
3654
First Merchants
FRME
$2.74B
| $5.95M | ﹤0.01% |
155,383
+9,810
| +7% | +$363K |
|
|
TTAN
3655
ServiceTitan Inc
TTAN
$8.62B
| $5.95M | ﹤0.01% |
55,510
+10,902
| +24% | +$1.22M |
|
3656
Dave Inc
DAVE
$4.27B
| $5.95M | ﹤0.01% |
22,164
-38,148
| -63% | -$6.01M |
|
3657
National Vision
EYE
$1.53B
| $5.95M | ﹤0.01% |
258,505
-19,328
| -7% | -$330K |
|
3658
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.38B
| $5.94M | ﹤0.01% |
50,103
+26,276
| +110% | +$3.06M |
|
3659
Spire Global
SPIR
$567M
| $5.94M | ﹤0.01% |
499,002
+235,721
| +90% | +$2.38M |
|
|
3660
PUT
Entegris
ENTG
$24.7B
| $5.93M | ﹤0.01% |
73,500
+20,800
| +39% | +$1.58M |
|
3661
Fulton Financial
FULT
$4.72B
| $5.92M | ﹤0.01% |
327,978
-3,077
| -0.9% | -$52.5K |
|
3662
UL Solutions
ULS
$15.6B
| $5.91M | ﹤0.01% |
81,171
+75,396
| +1,306% | +$4.94M |
|
3663
Assurant
AIZ
$13.9B
| $5.91M | ﹤0.01% |
29,927
+16,450
| +122% | +$3.23M |
|
3664
PUT
Tower Semiconductor
TSEM
$30B
| $5.91M | ﹤0.01% |
136,300
-52,000
| -28% | -$2M |
|
3665
CALL
Navios Maritime Partners
NMM
$2.33B
| $5.9M | ﹤0.01% |
156,700
+76,700
| +96% | +$2.83M |
|
|
JKS
3666
PUT
JinkoSolar
JKS
$877M
| $5.9M | ﹤0.01% |
278,200
+12,100
| +5% | +$220K |
|
|
SGI
3667
CALL
Somnigroup International
SGI
$13.9B
| $5.9M | ﹤0.01% |
86,700
-5,000
| -5% | -$315K |
|
|
DQ
3668
CALL
Daqo New Energy
DQ
$991M
| $5.9M | ﹤0.01% |
388,800
+193,700
| +99% | +$2.75M |
|
3669
NETGEAR
NTGR
$656M
| $5.89M | ﹤0.01% |
202,670
+84,260
| +71% | +$2.26M |
|
3670
PUT
Kaspi.kz JSC
KSPI
$18.8B
| $5.89M | ﹤0.01% |
69,400
+33,400
| +93% | +$2.85M |
|
|
AL
3671
CALL
DELISTED
Air Lease Corp
AL
| $5.89M | ﹤0.01% |
+100,700
| New | +$5.24M |
|
3672
Champion Homes
SKY
$5.13B
| $5.89M | ﹤0.01% |
94,067
+20,323
| +28% | +$1.58M |
|
3673
PUT
EyePoint Inc
EYPT
$1.27B
| $5.89M | ﹤0.01% |
625,700
+535,000
| +590% | +$3.69M |
|
|
CSW
3674
CSW Industrials
CSW
$5.62B
| $5.88M | ﹤0.01% |
20,485
-1,056
| -5% | -$319K |
|
3675
PUT
Donaldson
DCI
$11.1B
| $5.87M | ﹤0.01% |
84,700
+37,100
| +78% | +$2.5M |
|
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.