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 | |
|---|---|---|---|---|---|---|
3976
CALL
Mueller Industries
MLI
$14.6B
| $4.97M | ﹤0.01% |
125,200
-43,600
| -26% | -$1.65M |
|
3977
PUT
Photronics
PLAB
$1.96B
| $4.97M | ﹤0.01% |
264,100
+200,800
| +317% | +$3.76M |
|
3978
ProShares Short Bitcoin Strategy ETF
BITI
$121M
| $4.97M | ﹤0.01% |
252,419
-62,093
| -20% | -$1.35M |
|
3979
Blackstone Mortgage Trust
BXMT
$2.44B
| $4.97M | ﹤0.01% |
258,296
+38,757
| +18% | +$735K |
|
3980
CALL
Icahn Enterprises
IEP
$5.27B
| $4.97M | ﹤0.01% |
617,500
+136,000
| +28% | +$1.16M |
|
3981
Vaxcyte
PCVX
$8.64B
| $4.97M | ﹤0.01% |
152,852
-165,486
| -52% | -$5.42M |
|
3982
Cogent Communications
CCOI
$579M
| $4.97M | ﹤0.01% |
103,057
+39,086
| +61% | +$1.98M |
|
3983
Signet Jewelers
SIG
$3.52B
| $4.97M | ﹤0.01% |
62,440
-25,936
| -29% | -$1.72M |
|
3984
CALL
Encompass Health
EHC
$12.2B
| $4.97M | ﹤0.01% |
40,500
+14,700
| +57% | +$1.68M |
|
3985
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $4.96M | ﹤0.01% |
77,600
+34,600
| +80% | +$2.21M |
|
3986
State Street SPDR S&P Metals & Mining ETF
XME
$4.53B
| $4.96M | ﹤0.01% |
73,795
-15,457
| -17% | -$918K |
|
3987
PUT
Academy Sports + Outdoors
ASO
$2.98B
| $4.96M | ﹤0.01% |
110,600
+36,100
| +48% | +$1.5M |
|
3988
Hasbro
HAS
$13.6B
| $4.96M | ﹤0.01% |
67,135
+21,980
| +49% | +$1.39M |
|
|
ESGR
3989
DELISTED
Enstar Group
ESGR
| $4.95M | ﹤0.01% |
14,727
-1,814
| -11% | -$607K |
|
3990
CALL
Dana Inc
DAN
$3.26B
| $4.95M | ﹤0.01% |
288,700
+16,300
| +6% | +$243K |
|
3991
PUT
Plains GP Holdings
PAGP
$5.11B
| $4.95M | ﹤0.01% |
254,800
-126,200
| -33% | -$2.35M |
|
3992
Corning
GLW
$143B
| $4.94M | ﹤0.01% |
94,005
-253,097
| -73% | -$11.8M |
|
3993
State Street SPDR Portfolio Europe ETF
SPEU
$743M
| $4.94M | ﹤0.01% |
102,006
+86,005
| +537% | +$3.98M |
|
3994
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $4.94M | ﹤0.01% |
41,502
-59,336
| -59% | -$7M |
|
3995
CoreCivic
CXW
$3.25B
| $4.94M | ﹤0.01% |
234,417
+6,364
| +3% | +$137K |
|
|
SEZL
3996
Sezzle
SEZL
$4.34B
| $4.94M | ﹤0.01% |
27,534
+10,594
| +63% | +$938K |
|
3997
iShares Russell 2500 ETF
SMMD
$3.78B
| $4.93M | ﹤0.01% |
72,722
-40,643
| -36% | -$2.58M |
|
3998
CALL
Kodak
KODK
$979M
| $4.93M | ﹤0.01% |
872,300
+289,700
| +50% | +$1.74M |
|
|
BBBY
3999
CALL
Bed Bath & Beyond
BBBY
$415M
| $4.93M | ﹤0.01% |
787,600
+185,350
| +31% | +$898K |
|
4000
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.4B
| $4.92M | ﹤0.01% |
32,616
+25,175
| +338% | +$3.46M |
|
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.