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 | |
|---|---|---|---|---|---|---|
351
CALL
Occidental Petroleum
OXY
$58.5B
| $290M | 0.04% |
6,909,500
-781,600
| -10% | -$32.7M |
|
352
Netflix
NFLX
$309B
| $289M | 0.04% |
2,160,480
-378,760
| -15% | -$42.8M |
|
353
CALL
Regeneron Pharmaceuticals
REGN
$82.2B
| $289M | 0.04% |
550,700
+160,900
| +41% | +$89.8M |
|
|
TEM
354
CALL
Tempus AI
TEM
$9.85B
| $287M | 0.04% |
4,521,600
+2,175,300
| +93% | +$125M |
|
355
CALL
Hilton Worldwide
HLT
$72.6B
| $287M | 0.04% |
1,077,000
-1,150,300
| -52% | -$274M |
|
356
CALL
iShares Semiconductor ETF
SOXX
$46.2B
| $280M | 0.04% |
1,173,600
+831,200
| +243% | +$167M |
|
357
Pfizer
PFE
$150B
| $279M | 0.04% |
11,526,965
+887,751
| +8% | +$20.7M |
|
358
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $276M | 0.04% |
488,100
+40,400
| +9% | +$21.7M |
|
359
PUT
SoFi Technologies
SOFI
$23.2B
| $276M | 0.04% |
15,176,400
+68,700
| +0.5% | +$906K |
|
360
PUT
Dick's Sporting Goods
DKS
$18.1B
| $276M | 0.04% |
1,393,000
+1,021,200
| +275% | +$189M |
|
361
PUT
Take-Two Interactive
TTWO
$45.4B
| $274M | 0.04% |
1,129,000
+521,200
| +86% | +$117M |
|
362
CALL
IonQ
IONQ
$18.3B
| $273M | 0.04% |
6,358,400
+2,565,300
| +68% | +$86M |
|
363
PUT
Eaton
ETN
$179B
| $272M | 0.04% |
762,900
+259,100
| +51% | +$79.8M |
|
364
PUT
Datadog
DDOG
$86.5B
| $272M | 0.04% |
2,026,300
+316,700
| +19% | +$35.1M |
|
365
PUT
RTX Corp
RTX
$300B
| $272M | 0.04% |
1,862,900
+345,700
| +23% | +$46.1M |
|
366
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.5B
| $272M | 0.04% |
3,276,700
+275,800
| +9% | +$22M |
|
|
TLN
367
CALL
Talen Energy Corp
TLN
$17.5B
| $271M | 0.04% |
933,500
-41,200
| -4% | -$9.78M |
|
368
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $271M | 0.04% |
5,180,520
+978,039
| +23% | +$48.4M |
|
|
AXON
369
CALL
Axon Enterprise
AXON
$48.7B
| $269M | 0.04% |
325,000
+96,000
| +42% | +$65.3M |
|
370
PUT
KKR & Co
KKR
$99.5B
| $269M | 0.04% |
2,022,700
+496,900
| +33% | +$58.2M |
|
371
PUT
Newmont
NEM
$124B
| $269M | 0.04% |
4,611,700
-543,200
| -11% | -$29M |
|
372
CALL
Microchip Technology
MCHP
$43.1B
| $269M | 0.04% |
3,816,500
+1,379,400
| +57% | +$75.8M |
|
373
CALL
GameStop
GME
$8.32B
| $268M | 0.04% |
10,998,000
+3,872,000
| +54% | +$104M |
|
374
CALL
FedEx
FDX
$77.3B
| $266M | 0.04% |
1,172,000
+19,000
| +2% | +$4.16M |
|
375
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $265M | 0.04% |
1,963,500
-47,900
| -2% | -$6.47M |
|
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.