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 | |
|---|---|---|---|---|---|---|
4326
PUT
AutoNation
AN
$6.92B
| $4.15M | ﹤0.01% |
20,900
+7,400
| +55% | +$1.34M |
|
4327
PUT
Ouster
OUST
$3.51B
| $4.15M | ﹤0.01% |
171,200
-122,800
| -42% | -$1.49M |
|
4328
PUT
GraniteShares ETF Trust GraniteShares 2x Long META Daily ETF
FBL
$181M
| $4.14M | ﹤0.01% |
90,600
+22,000
| +32% | +$733K |
|
|
ACLX
4329
DELISTED
Arcellx
ACLX
| $4.14M | ﹤0.01% |
62,933
+1,310
| +2% | +$81.6K |
|
4330
PUT
Alkermes
ALKS
$8.23B
| $4.14M | ﹤0.01% |
144,800
+57,500
| +66% | +$1.71M |
|
4331
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$50.4M
| $4.14M | ﹤0.01% |
16,790
+2,980
| +22% | +$859K |
|
4332
Boston Beer
SAM
$1.91B
| $4.14M | ﹤0.01% |
21,705
+1,030
| +5% | +$237K |
|
|
MZTI
4333
The Marzetti Company
MZTI
$3.18B
| $4.14M | ﹤0.01% |
23,971
+170
| +0.7% | +$29.3K |
|
4334
Academy Sports + Outdoors
ASO
$2.98B
| $4.14M | ﹤0.01% |
92,411
-22,786
| -20% | -$944K |
|
4335
Avantis International Equity ETF
AVDE
$18.8B
| $4.14M | ﹤0.01% |
+55,949
| New | +$3.91M |
|
4336
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.41B
| $4.14M | ﹤0.01% |
154,077
+9,339
| +6% | +$242K |
|
4337
PUT
TransUnion
TRU
$15.4B
| $4.14M | ﹤0.01% |
47,000
+36,900
| +365% | +$3.08M |
|
4338
PUT
Middleby
MIDD
$5.33B
| $4.13M | ﹤0.01% |
28,700
+8,800
| +44% | +$1.24M |
|
|
PINC
4339
DELISTED
Premier
PINC
| $4.13M | ﹤0.01% |
188,375
-484,247
| -72% | -$10.4M |
|
4340
PUT
Perion Network
PERI
$385M
| $4.13M | ﹤0.01% |
406,700
+32,100
| +9% | +$307K |
|
|
KLMN
4341
Invesco MSCI North America Climate ETF
KLMN
$2.27B
| $4.12M | ﹤0.01% |
+161,362
| New | +$3.8M |
|
4342
F5
FFIV
$22.8B
| $4.12M | ﹤0.01% |
14,009
+6,173
| +79% | +$1.71M |
|
4343
Simmons First National
SFNC
$3.48B
| $4.12M | ﹤0.01% |
217,453
+5,977
| +3% | +$113K |
|
|
PPLI
4344
People Inc
PPLI
$3.01B
| $4.12M | ﹤0.01% |
110,330
-25,848
| -19% | -$934K |
|
4345
Unusual Machines
UMAC
$1.7B
| $4.12M | ﹤0.01% |
480,302
+458,555
| +2,109% | +$2.89M |
|
|
SF
4346
CALL
Stifel
SF
$12.9B
| $4.11M | ﹤0.01% |
59,400
-34,050
| -36% | -$2.09M |
|
|
FYBR
4347
CALL
DELISTED
Frontier Communications
FYBR
| $4.11M | ﹤0.01% |
112,900
+6,600
| +6% | +$239K |
|
4348
Madison Square Garden
MSGE
$4.04B
| $4.11M | ﹤0.01% |
102,795
-15,808
| -13% | -$558K |
|
4349
PUT
ARK Web x.0 ETF
ARKW
$1.8B
| $4.1M | ﹤0.01% |
27,800
+17,500
| +170% | +$2M |
|
4350
Coca-Cola Consolidated
COKE
$12.6B
| $4.1M | ﹤0.01% |
36,750
+18,080
| +97% | +$2.18M |
|
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.