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 | |
|---|---|---|---|---|---|---|
4801
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$95.3M
| $3.26M | ﹤0.01% |
+220,253
| New | +$3.04M |
|
4802
PUT
Dime Commercial Bancshares
DCOM
$1.81B
| $3.26M | ﹤0.01% |
121,000
+43,600
| +56% | +$1.14M |
|
4803
A2Z Smart Technologies
AZ
$326M
| $3.26M | ﹤0.01% |
+308,290
| New | +$2.64M |
|
4804
Cushman & Wakefield Ltd
CWK
$3.38B
| $3.26M | ﹤0.01% |
294,360
-28,679
| -9% | -$281K |
|
4805
iShares US Healthcare Providers ETF
IHF
$1.27B
| $3.25M | ﹤0.01% |
66,905
-13,722
| -17% | -$676K |
|
4806
Zymeworks
ZYME
$1.78B
| $3.25M | ﹤0.01% |
259,137
-92,024
| -26% | -$1.1M |
|
4807
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $3.25M | ﹤0.01% |
+86,428
| New | +$3.1M |
|
4808
Genpact
G
$5.69B
| $3.25M | ﹤0.01% |
73,821
-5,289
| -7% | -$240K |
|
4809
CALL
Arqit Quantum
ARQQ
$424M
| $3.25M | ﹤0.01% |
87,700
+22,300
| +34% | +$478K |
|
|
FYBR
4810
PUT
DELISTED
Frontier Communications
FYBR
| $3.25M | ﹤0.01% |
89,200
+36,000
| +68% | +$1.31M |
|
4811
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $3.25M | ﹤0.01% |
211,186
+21,883
| +12% | +$315K |
|
4812
iShares MSCI Kokusai Fund
TOK
$258M
| $3.25M | ﹤0.01% |
25,765
+515
| +2% | +$60.4K |
|
4813
PUT
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $3.24M | ﹤0.01% |
23,900
-6,400
| -21% | -$849K |
|
4814
CALL
Roivant Sciences
ROIV
$26.1B
| $3.24M | ﹤0.01% |
287,800
+63,500
| +28% | +$688K |
|
4815
CALL
Thor Industries
THO
$4.11B
| $3.24M | ﹤0.01% |
36,500
-32,400
| -47% | -$2.56M |
|
|
ETNB
4816
DELISTED
89bio
ETNB
| $3.24M | ﹤0.01% |
329,861
+161,751
| +96% | +$1.34M |
|
4817
PUT
Viridian Therapeutics
VRDN
$2.5B
| $3.24M | ﹤0.01% |
231,700
+221,600
| +2,194% | +$3.01M |
|
|
SRDX
4818
DELISTED
Surmodics
SRDX
| $3.24M | ﹤0.01% |
109,025
+87,287
| +402% | +$2.52M |
|
4819
PUT
iShares US Medical Devices ETF
IHI
$3.46B
| $3.24M | ﹤0.01% |
51,700
+34,900
| +208% | +$2.1M |
|
4820
AAR Corp
AIR
$5.85B
| $3.24M | ﹤0.01% |
47,074
+1,553
| +3% | +$93.2K |
|
4821
CALL
Imperial Oil
IMO
$64.5B
| $3.23M | ﹤0.01% |
40,700
+21,400
| +111% | +$1.53M |
|
4822
PUT
MakeMyTrip
MMYT
$5.68B
| $3.23M | ﹤0.01% |
33,000
+19,600
| +146% | +$1.98M |
|
4823
CALL
Badger Meter
BMI
$3.79B
| $3.23M | ﹤0.01% |
13,200
+5,300
| +67% | +$1.2M |
|
|
DFAI
4824
Dimensional International Core Equity Market ETF
DFAI
$18B
| $3.23M | ﹤0.01% |
+93,466
| New | +$3.06M |
|
|
EXAS
4825
DELISTED
Exact Sciences
EXAS
| $3.23M | ﹤0.01% |
60,766
-120,808
| -67% | -$6.14M |
|
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.