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 | |
|---|---|---|---|---|---|---|
3876
CALL
Pegasystems
PEGA
$5.31B
| $5.27M | ﹤0.01% |
97,400
+28,400
| +41% | +$1.29M |
|
3877
PUT
MarketAxess Holdings
MKTX
$5.72B
| $5.27M | ﹤0.01% |
23,600
-2,400
| -9% | -$528K |
|
3878
Allegro MicroSystems
ALGM
$8.27B
| $5.27M | ﹤0.01% |
154,114
+15,354
| +11% | +$382K |
|
3879
PUT
Invesco KBW Bank ETF
KBWB
$6.87B
| $5.26M | ﹤0.01% |
73,500
-9,100
| -11% | -$577K |
|
3880
PUT
Camden Property Trust
CPT
$11.1B
| $5.26M | ﹤0.01% |
46,700
-5,900
| -11% | -$681K |
|
3881
RenaissanceRe
RNR
$13.4B
| $5.26M | ﹤0.01% |
21,659
-16,372
| -43% | -$3.97M |
|
3882
CALL
Weibo
WB
$1.88B
| $5.26M | ﹤0.01% |
551,700
-44,400
| -7% | -$390K |
|
|
METU
3883
Direxion Daily META Bull 2X ETF
METU
$457M
| $5.25M | ﹤0.01% |
115,632
+107,292
| +1,286% | +$3.56M |
|
3884
Avantis US Small Cap Value ETF
AVUV
$31.2B
| $5.25M | ﹤0.01% |
+57,625
| New | +$4.97M |
|
3885
PUT
Direxion Daily AMZN Bull 2X ETF
AMZU
$309M
| $5.25M | ﹤0.01% |
143,100
+72,400
| +102% | +$2.24M |
|
3886
CBRE Group
CBRE
$44.3B
| $5.25M | ﹤0.01% |
37,433
-46,704
| -56% | -$5.91M |
|
3887
Amkor Technology
AMKR
$14.7B
| $5.24M | ﹤0.01% |
249,720
+75,777
| +44% | +$1.4M |
|
|
ETHV
3888
VanEck Ethereum ETF
ETHV
$95.4M
| $5.24M | ﹤0.01% |
141,834
+99,605
| +236% | +$3.2M |
|
3889
PUT
Globant
GLOB
$1.61B
| $5.23M | ﹤0.01% |
57,600
+26,100
| +83% | +$2.79M |
|
3890
CALL
Performance Food Group
PFGC
$16.8B
| $5.23M | ﹤0.01% |
59,800
+29,500
| +97% | +$2.46M |
|
3891
CALL
BBVA Argentina
BBAR
$3.13B
| $5.23M | ﹤0.01% |
317,700
-69,800
| -18% | -$1.33M |
|
3892
Ryan Specialty Holdings
RYAN
$10.7B
| $5.21M | ﹤0.01% |
+76,690
| New | +$5.29M |
|
3893
Integer Holdings
ITGR
$4.26B
| $5.21M | ﹤0.01% |
42,387
-1,886
| -4% | -$225K |
|
3894
RXO
RXO
$3.88B
| $5.21M | ﹤0.01% |
331,328
+128,705
| +64% | +$1.95M |
|
3895
PUT
Jack Henry & Associates
JKHY
$10.9B
| $5.21M | ﹤0.01% |
28,900
+13,300
| +85% | +$2.36M |
|
3896
On Holding
ONON
$10.8B
| $5.21M | ﹤0.01% |
+100,031
| New | +$5.1M |
|
3897
Lumen
LUMN
$6.93B
| $5.2M | ﹤0.01% |
1,186,533
-78,871
| -6% | -$306K |
|
3898
PUT
CenterPoint Energy
CNP
$26.9B
| $5.2M | ﹤0.01% |
141,400
+15,900
| +13% | +$589K |
|
3899
Ametek
AME
$58.4B
| $5.19M | ﹤0.01% |
28,692
+4,691
| +20% | +$807K |
|
3900
iShares 1-3 Year International Treasury Bond ETF
ISHG
$828M
| $5.19M | ﹤0.01% |
+67,813
| New | +$5.01M |
|
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.