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 | |
|---|---|---|---|---|---|---|
3801
PUT
American Superconductor
AMSC
$1.55B
| $5.5M | ﹤0.01% |
150,000
+78,900
| +111% | +$1.94M |
|
3802
CALL
Energy Fuels
UUUU
$3.77B
| $5.5M | ﹤0.01% |
957,000
+75,500
| +9% | +$362K |
|
3803
CALL
Popular Inc
BPOP
$11.3B
| $5.5M | ﹤0.01% |
49,900
+800
| +2% | +$79K |
|
3804
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.27B
| $5.49M | ﹤0.01% |
24,523
+10,845
| +79% | +$2.26M |
|
3805
ProShares UltraPro Dow 30
UDOW
$924M
| $5.49M | ﹤0.01% |
116,330
+60,406
| +108% | +$2.44M |
|
3806
CALL
Tradr TSLA Bear Daily ETF
TSLQ
$98.6M
| $5.49M | ﹤0.01% |
100,133
-4,134
| -4% | -$322K |
|
3807
PUT
GraniteShares 2x Long COIN Daily ETF
CONL
$402M
| $5.48M | ﹤0.01% |
118,900
-121,900
| -51% | -$2.86M |
|
3808
Webster Financial
WBS
$12.8B
| $5.47M | ﹤0.01% |
100,235
-14,339
| -13% | -$715K |
|
|
SII
3809
PUT
Sprott
SII
$3B
| $5.47M | ﹤0.01% |
79,200
-41,400
| -34% | -$2.3M |
|
3810
PUT
Curtiss-Wright
CW
$25.8B
| $5.47M | ﹤0.01% |
11,200
+6,800
| +155% | +$2.68M |
|
3811
Factset
FDS
$10.1B
| $5.47M | ﹤0.01% |
12,232
+4,956
| +68% | +$2.17M |
|
3812
Tenable Holdings
TENB
$4.22B
| $5.46M | ﹤0.01% |
161,759
+12,265
| +8% | +$398K |
|
3813
SiTime
SITM
$21.4B
| $5.46M | ﹤0.01% |
25,638
-3,110
| -11% | -$562K |
|
3814
CALL
Banco Macro
BMA
$4.96B
| $5.46M | ﹤0.01% |
77,800
-40,000
| -34% | -$3.31M |
|
3815
CALL
Macerich
MAC
$7.01B
| $5.45M | ﹤0.01% |
337,100
+232,100
| +221% | +$3.58M |
|
|
LIAX
3816
DELISTED
LifeX 2063 Inflation-Protected Longevity Income ETF
LIAX
| $5.45M | ﹤0.01% |
21,713
+13,232
| +156% | +$3.28M |
|
|
CEP
3817
CALL
DELISTED
Cantor Equity Partners
CEP
| $5.45M | ﹤0.01% |
+196,100
| New | +$5.99M |
|
3818
Mueller Water Products
MWA
$3.99B
| $5.45M | ﹤0.01% |
226,683
+29,344
| +15% | +$726K |
|
|
GLXY
3819
Galaxy Digital Inc
GLXY
$4.21B
| $5.45M | ﹤0.01% |
+248,814
| New | +$5.05M |
|
3820
PUT
Jones Lang LaSalle
JLL
$17.3B
| $5.45M | ﹤0.01% |
21,300
+14,300
| +204% | +$3.28M |
|
3821
PUT
Equinor
EQNR
$96.8B
| $5.45M | ﹤0.01% |
216,600
+2,600
| +1% | +$62.9K |
|
3822
CALL
Synaptics
SYNA
$4.25B
| $5.44M | ﹤0.01% |
84,000
+44,900
| +115% | +$2.64M |
|
3823
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $5.44M | ﹤0.01% |
47,600
+32,000
| +205% | +$3.5M |
|
|
MRUS
3824
CALL
DELISTED
Merus
MRUS
| $5.44M | ﹤0.01% |
+103,400
| New | +$4.86M |
|
3825
iShares Global Consumer Discretionary ETF
RXI
$274M
| $5.43M | ﹤0.01% |
28,864
-4,116
| -12% | -$748K |
|
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.