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 | |
|---|---|---|---|---|---|---|
4301
Sprott Physical Silver Trust
PSLV
$13.3B
| $4.21M | ﹤0.01% |
344,358
+243,946
| +243% | +$2.76M |
|
4302
Carlisle Companies
CSL
$14.7B
| $4.21M | ﹤0.01% |
11,285
-28,796
| -72% | -$10.7M |
|
4303
BancFirst
BANF
$3.89B
| $4.21M | ﹤0.01% |
34,053
-112
| -0.3% | -$13.3K |
|
4304
PUT
Zevra Therapeutics
ZVRA
$672M
| $4.2M | ﹤0.01% |
477,100
+177,800
| +59% | +$1.44M |
|
4305
AnaptysBio
ANAB
$1.73B
| $4.2M | ﹤0.01% |
189,327
+144,990
| +327% | +$3.03M |
|
|
LKFT
4306
PUT
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.8B
| $4.2M | ﹤0.01% |
150,100
-2,500
| -2% | -$67K |
|
4307
CALL
TC Energy
TRP
$66.7B
| $4.2M | ﹤0.01% |
86,100
-79,900
| -48% | -$3.92M |
|
4308
PUT
Knight Transportation
KNX
$11.8B
| $4.2M | ﹤0.01% |
94,900
+71,300
| +302% | +$3.03M |
|
4309
Ramaco Resources Class A
METC
$777M
| $4.2M | ﹤0.01% |
319,270
+271,071
| +562% | +$2.59M |
|
4310
CALL
ARK Blockchain & Fintech Innovation ETF
ARKF
$771M
| $4.2M | ﹤0.01% |
83,500
+16,400
| +24% | +$646K |
|
|
PPBI
4311
DELISTED
Pacific Premier Bancorp
PPBI
| $4.19M | ﹤0.01% |
198,855
+23,942
| +14% | +$498K |
|
4312
CALL
Iridium Communications
IRDM
$5.32B
| $4.19M | ﹤0.01% |
138,900
+100
| +0.1% | +$2.6K |
|
4313
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.21B
| $4.18M | ﹤0.01% |
56,280
-70,522
| -56% | -$4.91M |
|
4314
PUT
CG Oncology
CGON
$6.65B
| $4.18M | ﹤0.01% |
+160,800
| New | +$3.87M |
|
4315
CALL
Donaldson
DCI
$11.1B
| $4.17M | ﹤0.01% |
60,200
-4,700
| -7% | -$316K |
|
4316
CALL
CGI
GIB
$15.2B
| $4.17M | ﹤0.01% |
39,800
+10,600
| +36% | +$1.12M |
|
4317
PUT
Revolution Medicines
RVMD
$43.7B
| $4.17M | ﹤0.01% |
113,400
-18,200
| -14% | -$699K |
|
4318
Clear Secure
YOU
$4.68B
| $4.17M | ﹤0.01% |
150,085
-230,867
| -61% | -$5.88M |
|
4319
PUT
Schwab US Large-Cap Growth ETF
SCHG
$62.9B
| $4.17M | ﹤0.01% |
142,600
+31,200
| +28% | +$825K |
|
4320
PUT
Beyond Meat
BYND
$232M
| $4.16M | ﹤0.01% |
39,767
-41,476
| -51% | -$3.6M |
|
4321
First Trust Water ETF
FIW
$1.92B
| $4.16M | ﹤0.01% |
38,527
-6,685
| -15% | -$688K |
|
|
SRDX
4322
PUT
DELISTED
Surmodics
SRDX
| $4.16M | ﹤0.01% |
140,000
+131,800
| +1,607% | +$3.8M |
|
4323
Krystal Biotech
KRYS
$9.83B
| $4.16M | ﹤0.01% |
30,252
-3,577
| -11% | -$525K |
|
4324
Banner Corp
BANR
$2.52B
| $4.16M | ﹤0.01% |
64,805
-356
| -0.5% | -$22K |
|
4325
Dorman Products
DORM
$4.05B
| $4.15M | ﹤0.01% |
33,853
+3,446
| +11% | +$419K |
|
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.