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 | |
|---|---|---|---|---|---|---|
|
STR
3926
DELISTED
Sitio Royalties
STR
| $5.11M | ﹤0.01% |
278,077
-279,141
| -50% | -$5.01M |
|
3927
Ashland
ASH
$3.38B
| $5.11M | ﹤0.01% |
101,634
+73,325
| +259% | +$3.73M |
|
3928
CALL
Travere Therapeutics
TVTX
$5.86B
| $5.1M | ﹤0.01% |
344,600
+250,700
| +267% | +$4.16M |
|
3929
CALL
Turning Point Brands
TPB
$1.75B
| $5.1M | ﹤0.01% |
67,300
+45,700
| +212% | +$3.11M |
|
3930
Archrock
AROC
$6.08B
| $5.1M | ﹤0.01% |
205,330
-6,288
| -3% | -$154K |
|
3931
Independent Bank
INDB
$4.07B
| $5.1M | ﹤0.01% |
81,022
+5,461
| +7% | +$332K |
|
3932
The Bancorp
TBBK
$2.84B
| $5.09M | ﹤0.01% |
89,424
-7,845
| -8% | -$397K |
|
3933
Chord Energy
CHRD
$7.51B
| $5.09M | ﹤0.01% |
52,592
-42,686
| -45% | -$4.06M |
|
3934
Cabot Corp
CBT
$4.54B
| $5.09M | ﹤0.01% |
67,886
+4,172
| +7% | +$319K |
|
3935
Vanguard Morningstar Large-Cap ETF
VV
$54.8B
| $5.09M | ﹤0.01% |
+17,841
| New | +$4.7M |
|
3936
Community Bank
CBU
$3.46B
| $5.09M | ﹤0.01% |
89,435
+3,927
| +5% | +$218K |
|
3937
PUT
Main Street Capital
MAIN
$5.5B
| $5.08M | ﹤0.01% |
86,000
+45,400
| +112% | +$2.51M |
|
3938
CALL
Vital Farms
VITL
$468M
| $5.08M | ﹤0.01% |
131,900
-426,700
| -76% | -$14.4M |
|
3939
Cenovus Energy
CVE
$57.2B
| $5.08M | ﹤0.01% |
373,349
-698,124
| -65% | -$9.07M |
|
3940
LKQ Corp
LKQ
$6.43B
| $5.07M | ﹤0.01% |
136,975
-2,089
| -2% | -$83.3K |
|
3941
PUT
TripAdvisor
TRIP
$1.26B
| $5.07M | ﹤0.01% |
388,400
-638,200
| -62% | -$8.53M |
|
3942
PUT
M/I Homes
MHO
$3.85B
| $5.07M | ﹤0.01% |
45,200
+11,500
| +34% | +$1.25M |
|
3943
CALL
Vipshop
VIPS
$6.81B
| $5.06M | ﹤0.01% |
336,400
+31,600
| +10% | +$447K |
|
3944
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $5.06M | ﹤0.01% |
+64,303
| New | +$5.03M |
|
|
GMS
3945
CALL
DELISTED
GMS Inc
GMS
| $5.06M | ﹤0.01% |
46,500
+34,100
| +275% | +$2.64M |
|
3946
Chemours
CC
$2.39B
| $5.05M | ﹤0.01% |
441,142
-308,445
| -41% | -$3.48M |
|
3947
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.58B
| $5.05M | ﹤0.01% |
154,602
+117,435
| +316% | +$3.48M |
|
3948
PUT
PagSeguro Digital
PAGS
$2.4B
| $5.04M | ﹤0.01% |
523,200
-207,600
| -28% | -$1.87M |
|
3949
PUT
iShares US Technology ETF
IYW
$25.6B
| $5.04M | ﹤0.01% |
29,100
+13,600
| +88% | +$2.06M |
|
3950
CALL
Acuity Brands
AYI
$10.7B
| $5.04M | ﹤0.01% |
16,900
+14,000
| +483% | +$3.62M |
|
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.