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 | |
|---|---|---|---|---|---|---|
4251
CALL
Altimmune
ALT
$572M
| $4.33M | ﹤0.01% |
1,117,900
+969,400
| +653% | +$5.25M |
|
4252
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $4.33M | ﹤0.01% |
186,117
+169,696
| +1,033% | +$3.89M |
|
4253
PUT
Ametek
AME
$58.4B
| $4.32M | ﹤0.01% |
23,900
-17,800
| -43% | -$3.06M |
|
4254
CALL
Atkore
ATKR
$3.17B
| $4.32M | ﹤0.01% |
61,300
+15,700
| +34% | +$1.02M |
|
4255
Trimble
TRMB
$13.4B
| $4.32M | ﹤0.01% |
56,911
+34,760
| +157% | +$2.34M |
|
4256
PUT
Praxis Precision Medicines
PRAX
$10.2B
| $4.32M | ﹤0.01% |
102,800
-18,200
| -15% | -$693K |
|
4257
Samsara
IOT
$23.2B
| $4.32M | ﹤0.01% |
108,657
-878,713
| -89% | -$36.3M |
|
4258
VanEck Bitcoin Trust
HODL
$1.05B
| $4.32M | ﹤0.01% |
141,845
-30,443
| -18% | -$849K |
|
4259
PUT
AMC Entertainment Holdings
AMC
$2.23B
| $4.32M | ﹤0.01% |
1,393,500
-113,800
| -8% | -$338K |
|
|
ARR
4260
Armour Residential REIT
ARR
$2.37B
| $4.32M | ﹤0.01% |
256,976
+131,802
| +105% | +$2.12M |
|
4261
Extra Space Storage
EXR
$31.2B
| $4.32M | ﹤0.01% |
29,291
+13,372
| +84% | +$1.95M |
|
4262
CALL
Loews
L
$23.1B
| $4.32M | ﹤0.01% |
47,100
+28,800
| +157% | +$2.53M |
|
4263
PUT
Vera Therapeutics
VERA
$2.28B
| $4.31M | ﹤0.01% |
183,100
+142,100
| +347% | +$3.2M |
|
4264
CALL
Fidelity National Financial
FNF
$13.3B
| $4.31M | ﹤0.01% |
76,800
+1,600
| +2% | +$93.5K |
|
4265
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$149M
| $4.3M | ﹤0.01% |
156,140
+83,165
| +114% | +$2.14M |
|
4266
PUT
Loar Holdings
LOAR
$7.25B
| $4.3M | ﹤0.01% |
49,900
+42,300
| +557% | +$3.66M |
|
4267
Apple Hospitality REIT
APLE
$3.79B
| $4.3M | ﹤0.01% |
368,075
+62,631
| +21% | +$735K |
|
4268
CALL
Banco Santander
SAN
$210B
| $4.28M | ﹤0.01% |
516,200
+66,000
| +15% | +$491K |
|
4269
Resideo Technologies
REZI
$3.11B
| $4.28M | ﹤0.01% |
193,881
-9,256
| -5% | -$177K |
|
|
AVGX
4270
PUT
Defiance Daily Target 2X Long AVGO ETF
AVGX
$190M
| $4.28M | ﹤0.01% |
119,300
+49,800
| +72% | +$1.17M |
|
4271
PUT
Honda
HMC
$41B
| $4.27M | ﹤0.01% |
148,200
-88,400
| -37% | -$2.58M |
|
|
JKS
4272
JinkoSolar
JKS
$877M
| $4.27M | ﹤0.01% |
+201,303
| New | +$3.66M |
|
4273
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $4.27M | ﹤0.01% |
58,717
+42,619
| +265% | +$2.88M |
|
4274
Ventas
VTR
$46.9B
| $4.26M | ﹤0.01% |
67,525
+33,801
| +100% | +$2.21M |
|
4275
CALL
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.41B
| $4.26M | ﹤0.01% |
158,700
-122,500
| -44% | -$3.18M |
|
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.