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 | |
|---|---|---|---|---|---|---|
4126
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.8B
| $4.59M | ﹤0.01% |
35,000
+18,073
| +107% | +$2.27M |
|
4127
T-Rex 2X Long NVIDIA Daily Target ETF
NVDX
$472M
| $4.59M | ﹤0.01% |
314,884
+196,491
| +166% | +$1.91M |
|
4128
Liberty Global Class A
LBTYA
$3.57B
| $4.59M | ﹤0.01% |
458,388
-255,006
| -36% | -$2.56M |
|
4129
Upwork
UPWK
$1.06B
| $4.58M | ﹤0.01% |
340,874
-59,689
| -15% | -$857K |
|
4130
Progress Software
PRGS
$1.79B
| $4.58M | ﹤0.01% |
71,749
+11,895
| +20% | +$723K |
|
4131
Cinemark Holdings
CNK
$4.33B
| $4.58M | ﹤0.01% |
151,710
+21,198
| +16% | +$641K |
|
4132
Globant
GLOB
$1.61B
| $4.58M | ﹤0.01% |
50,399
+28,533
| +130% | +$3.05M |
|
|
IMST
4133
DELISTED
Bitwise MSTR Option Income Strategy ETF
IMST
| $4.58M | ﹤0.01% |
+88,037
| New | +$4.68M |
|
4134
PUT
Appian
APPN
$2.54B
| $4.58M | ﹤0.01% |
153,300
-285,600
| -65% | -$8.58M |
|
4135
CALL
iShares Russell 2000 Growth ETF
IWO
$15.2B
| $4.57M | ﹤0.01% |
16,000
-12,700
| -44% | -$3.34M |
|
|
INFA
4136
PUT
DELISTED
Informatica
INFA
| $4.57M | ﹤0.01% |
187,800
+47,900
| +34% | +$988K |
|
4137
DTE Energy
DTE
$29.3B
| $4.57M | ﹤0.01% |
34,516
+11,594
| +51% | +$1.56M |
|
4138
CALL
Natural Resource Partners
NRP
$1.39B
| $4.57M | ﹤0.01% |
47,800
+14,800
| +45% | +$1.44M |
|
|
HEQQ
4139
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF
HEQQ
$31M
| $4.56M | ﹤0.01% |
85,305
-12,889
| -13% | -$655K |
|
4140
MannKind Corp
MNKD
$1.24B
| $4.56M | ﹤0.01% |
1,219,718
-278,321
| -19% | -$1.23M |
|
4141
CALL
Virgin Galactic
SPCE
$503M
| $4.56M | ﹤0.01% |
1,670,900
-41,900
| -2% | -$128K |
|
4142
CALL
Uranium Energy
UEC
$5.55B
| $4.56M | ﹤0.01% |
670,600
+103,200
| +18% | +$578K |
|
4143
OSI Systems
OSIS
$3.76B
| $4.56M | ﹤0.01% |
20,276
-2,745
| -12% | -$586K |
|
4144
Viper Energy
VNOM
$15.2B
| $4.56M | ﹤0.01% |
119,540
+108,034
| +939% | +$4.37M |
|
4145
Yeti Holdings
YETI
$3.25B
| $4.55M | ﹤0.01% |
144,491
+97,127
| +205% | +$2.91M |
|
4146
Fidelity Enhanced International ETF
FENI
$11.4B
| $4.55M | ﹤0.01% |
136,906
+57,649
| +73% | +$1.8M |
|
4147
PUT
Hawaiian Electric Industries
HE
$2.03B
| $4.55M | ﹤0.01% |
428,200
+178,000
| +71% | +$1.86M |
|
|
KC
4148
CALL
Kingsoft Cloud Holdings
KC
$3.51B
| $4.55M | ﹤0.01% |
363,500
+136,200
| +60% | +$1.76M |
|
4149
CALL
Aaon
AAON
$7.24B
| $4.55M | ﹤0.01% |
61,700
+51,400
| +499% | +$4.51M |
|
4150
CALL
Elbit Systems
ESLT
$36.7B
| $4.54M | ﹤0.01% |
10,100
+400
| +4% | +$162K |
|
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.