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 | |
|---|---|---|---|---|---|---|
4151
CALL
Vor Biopharma
VOR
$1.36B
| $4.54M | ﹤0.01% |
+140,060
| New | +$1.24M |
|
4152
M/I Homes
MHO
$3.85B
| $4.54M | ﹤0.01% |
40,467
+2,172
| +6% | +$236K |
|
4153
CALL
Acadia Pharmaceuticals
ACAD
$4.87B
| $4.53M | ﹤0.01% |
210,200
+71,500
| +52% | +$1.33M |
|
4154
WaFd
WAFD
$2.81B
| $4.53M | ﹤0.01% |
154,800
+202
| +0.1% | +$5.72K |
|
4155
Prosperity Bancshares
PB
$9.02B
| $4.53M | ﹤0.01% |
64,510
+714
| +1% | +$49.2K |
|
4156
CALL
iShares Russell 3000 ETF
IWV
$20.5B
| $4.53M | ﹤0.01% |
12,900
| – | – |
|
4157
CALL
Champion Homes
SKY
$5.13B
| $4.53M | ﹤0.01% |
72,300
+48,700
| +206% | +$3.79M |
|
4158
PUT
Applied Optoelectronics
AAOI
$12.7B
| $4.53M | ﹤0.01% |
176,200
+5,400
| +3% | +$87.4K |
|
4159
Ryanair
RYAAY
$30.5B
| $4.53M | ﹤0.01% |
78,472
+72,738
| +1,269% | +$3.7M |
|
4160
CALL
Neonode
NEON
$15.3M
| $4.52M | ﹤0.01% |
177,300
+90,800
| +105% | +$1.08M |
|
4161
Alkami Technology
ALKT
$2.21B
| $4.52M | ﹤0.01% |
149,956
+73,224
| +95% | +$2.04M |
|
|
TPH
4162
DELISTED
Tri Pointe Homes
TPH
| $4.52M | ﹤0.01% |
141,431
-17,028
| -11% | -$522K |
|
4163
Woodward
WWD
$21.9B
| $4.52M | ﹤0.01% |
18,433
-19,638
| -52% | -$4.02M |
|
4164
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.37B
| $4.52M | ﹤0.01% |
44,624
+33,581
| +304% | +$3.21M |
|
4165
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$602M
| $4.51M | ﹤0.01% |
69,269
+62,798
| +970% | +$3.54M |
|
4166
PUT
MKS Inc
MKSI
$21B
| $4.51M | ﹤0.01% |
45,400
-10,100
| -18% | -$821K |
|
4167
PUT
Atkore
ATKR
$3.17B
| $4.5M | ﹤0.01% |
63,800
-9,100
| -12% | -$590K |
|
|
OS
4168
CALL
DELISTED
OneStream Inc
OS
| $4.5M | ﹤0.01% |
159,000
+55,500
| +54% | +$1.38M |
|
4169
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.59B
| $4.5M | ﹤0.01% |
+138,217
| New | +$4.44M |
|
4170
Cedar Fair
FUN
$1.68B
| $4.49M | ﹤0.01% |
147,702
+5,094
| +4% | +$171K |
|
4171
Cactus
WHD
$5.88B
| $4.49M | ﹤0.01% |
102,722
+7,110
| +7% | +$297K |
|
4172
WisdomTree Japan SmallCap Dividend Fund
DFJ
$408M
| $4.49M | ﹤0.01% |
52,364
+46,880
| +855% | +$3.85M |
|
4173
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.26B
| $4.49M | ﹤0.01% |
+50,558
| New | +$4.23M |
|
4174
Matsons
MATX
$6.5B
| $4.49M | ﹤0.01% |
40,282
-7,403
| -16% | -$810K |
|
4175
ARS Pharmaceuticals
SPRY
$562M
| $4.48M | ﹤0.01% |
256,966
+52,765
| +26% | +$761K |
|
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.