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 | |
|---|---|---|---|---|---|---|
4101
Dimensional International High Profitability ETF
DIHP
$6.59B
| $4.65M | ﹤0.01% |
157,604
+146,085
| +1,268% | +$4.11M |
|
4102
RadNet
RDNT
$6.01B
| $4.65M | ﹤0.01% |
81,638
-3,710
| -4% | -$204K |
|
|
GOGL
4103
DELISTED
Golden Ocean Group
GOGL
| $4.65M | ﹤0.01% |
634,621
-1,078,155
| -63% | -$8.18M |
|
4104
Wolverine World Wide
WWW
$1.73B
| $4.64M | ﹤0.01% |
256,684
+17,976
| +8% | +$274K |
|
4105
PUT
CoreCivic
CXW
$3.25B
| $4.64M | ﹤0.01% |
220,200
-130,100
| -37% | -$2.81M |
|
4106
WisdomTree US SmallCap Dividend Fund
DES
$2.24B
| $4.64M | ﹤0.01% |
146,072
+115,227
| +374% | +$3.55M |
|
4107
H.B. Fuller
FUL
$3.38B
| $4.64M | ﹤0.01% |
77,068
+2,408
| +3% | +$133K |
|
4108
CALL
Herc Holdings
HRI
$5.8B
| $4.64M | ﹤0.01% |
35,200
+9,600
| +38% | +$1.17M |
|
4109
PUT
Champion Homes
SKY
$5.13B
| $4.63M | ﹤0.01% |
74,000
+64,300
| +663% | +$5M |
|
4110
John Hancock Multifactor Developed International ETF
JHMD
$987M
| $4.62M | ﹤0.01% |
120,788
+108,671
| +897% | +$3.98M |
|
4111
Vanguard ESG International Stock ETF
VSGX
$6.83B
| $4.62M | ﹤0.01% |
+70,549
| New | +$4.35M |
|
4112
CALL
Huntsman Corp
HUN
$1.81B
| $4.62M | ﹤0.01% |
443,300
+220,200
| +99% | +$2.68M |
|
|
ALE
4113
DELISTED
Allete
ALE
| $4.62M | ﹤0.01% |
72,087
-12,814
| -15% | -$833K |
|
4114
PUT
Idacorp
IDA
$8.25B
| $4.62M | ﹤0.01% |
40,000
+11,200
| +39% | +$1.3M |
|
4115
ManpowerGroup
MAN
$2.71B
| $4.62M | ﹤0.01% |
114,298
+106,763
| +1,417% | +$4.66M |
|
4116
State Street SPDR S&P Homebuilders ETF
XHB
$1.59B
| $4.61M | ﹤0.01% |
46,784
-19,691
| -30% | -$1.87M |
|
4117
ProShares UltraPro S&P 500
UPRO
$5.82B
| $4.61M | ﹤0.01% |
50,418
-113,185
| -69% | -$8.4M |
|
4118
CALL
Hess Midstream
HESM
$5.2B
| $4.61M | ﹤0.01% |
119,700
+7,200
| +6% | +$274K |
|
4119
CALL
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.3B
| $4.61M | ﹤0.01% |
16,200
-500
| -3% | -$129K |
|
|
AVDL
4120
DELISTED
Avadel Pharmaceuticals
AVDL
| $4.61M | ﹤0.01% |
520,476
+240,599
| +86% | +$2.11M |
|
4121
CALL
iShares Core US Aggregate Bond ETF
AGG
$138B
| $4.6M | ﹤0.01% |
46,400
-1,400
| -3% | -$137K |
|
|
CPRX
4122
PUT
DELISTED
Catalyst Pharmaceutical
CPRX
| $4.6M | ﹤0.01% |
211,900
+200,800
| +1,809% | +$4.74M |
|
4123
CALL
Hudbay
HBM
$11.9B
| $4.6M | ﹤0.01% |
433,300
+289,700
| +202% | +$2.41M |
|
4124
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $4.6M | ﹤0.01% |
181,305
+152,112
| +521% | +$3.72M |
|
4125
Sweetgreen
SG
$748M
| $4.59M | ﹤0.01% |
308,793
+111,679
| +57% | +$1.84M |
|
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.