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 | |
|---|---|---|---|---|---|---|
4076
Atkore
ATKR
$3.17B
| $4.72M | ﹤0.01% |
66,888
-43,380
| -39% | -$2.81M |
|
4077
CALL
Abeona Therapeutics
ABEO
$342M
| $4.71M | ﹤0.01% |
829,500
+799,300
| +2,647% | +$4.55M |
|
4078
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.42B
| $4.71M | ﹤0.01% |
40,988
+30,346
| +285% | +$3.29M |
|
4079
CALL
Amkor Technology
AMKR
$14.7B
| $4.71M | ﹤0.01% |
224,200
-122,200
| -35% | -$2.25M |
|
4080
PUT
TeraWulf
WULF
$8.67B
| $4.7M | ﹤0.01% |
1,074,100
-146,400
| -12% | -$500K |
|
4081
CenterPoint Energy
CNP
$26.9B
| $4.7M | ﹤0.01% |
128,026
-4,727
| -4% | -$175K |
|
4082
CALL
Planet Labs
PL
$8.8B
| $4.69M | ﹤0.01% |
768,300
+450,200
| +142% | +$1.84M |
|
4083
Jabil
JBL
$38B
| $4.68M | ﹤0.01% |
21,470
-9,848
| -31% | -$1.6M |
|
4084
Asana
ASAN
$2.11B
| $4.68M | ﹤0.01% |
346,522
+248,826
| +255% | +$3.9M |
|
4085
InvenTrust Properties
IVT
$2.62B
| $4.68M | ﹤0.01% |
170,656
+4,018
| +2% | +$112K |
|
4086
CALL
Leonardo DRS
DRS
$12.2B
| $4.68M | ﹤0.01% |
100,600
+44,800
| +80% | +$1.8M |
|
4087
Agilent Technologies
A
$41.9B
| $4.67M | ﹤0.01% |
39,614
+16,013
| +68% | +$1.77M |
|
4088
PUT
Nokia
NOK
$60.1B
| $4.67M | ﹤0.01% |
902,100
-264,200
| -23% | -$1.36M |
|
4089
Veralto
VLTO
$23.8B
| $4.67M | ﹤0.01% |
46,244
-1,436
| -3% | -$139K |
|
4090
PUT
Snap-on
SNA
$20.9B
| $4.67M | ﹤0.01% |
15,000
+8,000
| +114% | +$2.55M |
|
4091
CALL
Virtu Financial
VIRT
$5.3B
| $4.67M | ﹤0.01% |
104,200
+48,100
| +86% | +$1.94M |
|
4092
PUT
Innovative Industrial Properties
IIPR
$1.62B
| $4.67M | ﹤0.01% |
84,500
+6,600
| +8% | +$361K |
|
4093
Enterprise Financial Services Corp
EFSC
$2.4B
| $4.67M | ﹤0.01% |
84,679
-664
| -0.8% | -$34.6K |
|
4094
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $4.66M | ﹤0.01% |
50,827
+40,114
| +374% | +$3.67M |
|
4095
CALL
Arch Capital
ACGL
$33.7B
| $4.66M | ﹤0.01% |
51,200
-64,000
| -56% | -$5.91M |
|
4096
CALL
Sonoco
SON
$5.76B
| $4.66M | ﹤0.01% |
107,000
+93,600
| +699% | +$4.19M |
|
4097
CALL
Vermilion Energy
VET
$1.73B
| $4.66M | ﹤0.01% |
640,000
+89,400
| +16% | +$610K |
|
4098
PUT
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $4.66M | ﹤0.01% |
49,600
+29,300
| +144% | +$2.7M |
|
4099
CALL
American Eagle Outfitters
AEO
$2.71B
| $4.66M | ﹤0.01% |
483,900
-203,900
| -30% | -$2.19M |
|
4100
PUT
Pitney Bowes
PBI
$2.25B
| $4.65M | ﹤0.01% |
426,400
-119,800
| -22% | -$1.13M |
|
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.