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 | |
|---|---|---|---|---|---|---|
4551
Amprius Technologies
AMPX
$1.83B
| $3.69M | ﹤0.01% |
877,328
+54,168
| +7% | +$152K |
|
4552
CALL
iShares MSCI ACWI ETF
ACWI
$33.6B
| $3.69M | ﹤0.01% |
28,700
+5,600
| +24% | +$671K |
|
4553
Patrick Industries
PATK
$2.76B
| $3.69M | ﹤0.01% |
39,995
+1,146
| +3% | +$97.4K |
|
4554
Perdoceo Education
PRDO
$2B
| $3.69M | ﹤0.01% |
112,883
+12,364
| +12% | +$366K |
|
4555
CALL
Banc of California
BANC
$3.13B
| $3.69M | ﹤0.01% |
262,500
+207,600
| +378% | +$2.83M |
|
4556
AvalonBay Communities
AVB
$26.3B
| $3.69M | ﹤0.01% |
18,123
-12,021
| -40% | -$2.46M |
|
4557
CALL
Murphy Oil
MUR
$4.96B
| $3.68M | ﹤0.01% |
163,700
+45,700
| +39% | +$1.02M |
|
4558
CALL
Sharplink Inc
SBET
$1.36B
| $3.68M | ﹤0.01% |
+370,500
| New | +$5.02M |
|
4559
CALL
Allegro MicroSystems
ALGM
$8.27B
| $3.68M | ﹤0.01% |
107,500
+4,400
| +4% | +$110K |
|
4560
Crinetics Pharmaceuticals
CRNX
$8.99B
| $3.67M | ﹤0.01% |
127,664
-10,371
| -8% | -$320K |
|
4561
Diebold Nixdorf
DBD
$2.48B
| $3.67M | ﹤0.01% |
66,265
-5,047
| -7% | -$237K |
|
|
PRMB
4562
PUT
Primo Brands
PRMB
$8.94B
| $3.67M | ﹤0.01% |
123,900
+44,400
| +56% | +$1.42M |
|
4563
Cooper-Standard Automotive
CPS
$506M
| $3.67M | ﹤0.01% |
170,664
+62,843
| +58% | +$1.21M |
|
4564
nVent Electric
NVT
$27.7B
| $3.66M | ﹤0.01% |
50,027
+19,814
| +66% | +$1.22M |
|
4565
CALL
Mercury Insurance
MCY
$5.84B
| $3.66M | ﹤0.01% |
54,400
-27,400
| -33% | -$1.63M |
|
4566
PUT
Bausch Health
BHC
$2.43B
| $3.66M | ﹤0.01% |
549,800
+35,400
| +7% | +$182K |
|
4567
Arcutis Biotherapeutics
ARQT
$3.29B
| $3.66M | ﹤0.01% |
260,987
+92,363
| +55% | +$1.29M |
|
4568
CALL
Ginkgo Bioworks
DNA
$457M
| $3.66M | ﹤0.01% |
324,900
+129,100
| +66% | +$1M |
|
|
WAY
4569
CALL
Waystar Holding Corp
WAY
$4.75B
| $3.65M | ﹤0.01% |
89,400
-96,400
| -52% | -$3.71M |
|
4570
Masco
MAS
$14.7B
| $3.65M | ﹤0.01% |
56,754
+12,451
| +28% | +$784K |
|
4571
Avient
AVNT
$4.25B
| $3.65M | ﹤0.01% |
113,034
+4,364
| +4% | +$151K |
|
4572
CALL
Vanguard Morningstar Large-Cap ETF
VV
$54.8B
| $3.65M | ﹤0.01% |
12,800
-11,700
| -48% | -$3.08M |
|
4573
Acushnet Holdings
GOLF
$5.26B
| $3.65M | ﹤0.01% |
50,148
+5,593
| +13% | +$377K |
|
4574
YieldMax Ultra Option Income Strategy ETF
ULTY
$767M
| $3.65M | ﹤0.01% |
57,962
+55,373
| +2,139% | +$3.34M |
|
4575
Avantis US Small Cap Equity ETF
AVSC
$3.19B
| $3.65M | ﹤0.01% |
70,767
+8,347
| +13% | +$403K |
|
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.