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 | |
|---|---|---|---|---|---|---|
4826
Privia Health
PRVA
$2.81B
| $3.23M | ﹤0.01% |
140,314
+14,000
| +11% | +$324K |
|
4827
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $3.22M | ﹤0.01% |
28,200
+2,000
| +8% | +$219K |
|
4828
iShares International Developed Real Estate ETF
IFGL
$82.2M
| $3.22M | ﹤0.01% |
141,809
+65,203
| +85% | +$1.39M |
|
4829
Packaging Corp of America
PKG
$22.8B
| $3.22M | ﹤0.01% |
17,086
+1,642
| +11% | +$310K |
|
4830
Sabre
SABR
$900M
| $3.21M | ﹤0.01% |
1,016,449
+130,457
| +15% | +$335K |
|
|
SKX
4831
DELISTED
Skechers
SKX
| $3.21M | ﹤0.01% |
50,893
-17,808
| -26% | -$1.02M |
|
4832
Columbia Banking Systems
COLB
$9.25B
| $3.21M | ﹤0.01% |
137,351
-24,168
| -15% | -$560K |
|
4833
PUT
Royalty Pharma
RPRX
$26.1B
| $3.21M | ﹤0.01% |
89,100
+43,900
| +97% | +$1.45M |
|
|
DFDV
4834
DeFi Development Corp
DFDV
$95.2M
| $3.21M | ﹤0.01% |
+164,504
| New | +$2.37M |
|
4835
CALL
United Bankshares
UBSI
$6.71B
| $3.21M | ﹤0.01% |
88,000
+35,500
| +68% | +$1.25M |
|
4836
CALL
PAR Technology
PAR
$788M
| $3.2M | ﹤0.01% |
46,200
+1,700
| +4% | +$106K |
|
4837
Fastly Inc
FSLY
$4.77B
| $3.2M | ﹤0.01% |
452,960
+70,077
| +18% | +$470K |
|
4838
First Trust Value Line Dividend Fund
FVD
$8.41B
| $3.2M | ﹤0.01% |
71,515
-500
| -0.7% | -$22K |
|
4839
PUT
Piper Sandler
PIPR
$5.41B
| $3.2M | ﹤0.01% |
46,000
+19,200
| +72% | +$1.2M |
|
|
MRX
4840
Marex Group Limited Ordinary Shares
MRX
$5.11B
| $3.2M | ﹤0.01% |
80,963
+46,321
| +134% | +$1.93M |
|
4841
PUT
Kiniksa Pharmaceuticals
KNSA
$5.99B
| $3.19M | ﹤0.01% |
+115,400
| New | +$2.94M |
|
|
ITOS
4842
PUT
DELISTED
iTeos Therapeutics
ITOS
| $3.19M | ﹤0.01% |
320,100
+177,200
| +124% | +$1.43M |
|
4843
New Fortress Energy
NFE
$92.6M
| $3.19M | ﹤0.01% |
960,952
+313,463
| +48% | +$1.36M |
|
|
BASE
4844
CALL
DELISTED
Couchbase
BASE
| $3.19M | ﹤0.01% |
130,700
+102,800
| +368% | +$1.87M |
|
4845
PUT
Gen Digital
GEN
$17B
| $3.18M | ﹤0.01% |
108,300
+30,500
| +39% | +$834K |
|
4846
AB InBev
BUD
$157B
| $3.18M | ﹤0.01% |
46,305
+33,410
| +259% | +$2.24M |
|
4847
Broadridge
BR
$19.5B
| $3.18M | ﹤0.01% |
13,079
+3,311
| +34% | +$787K |
|
4848
Expeditors International
EXPD
$24.2B
| $3.18M | ﹤0.01% |
27,790
+5,091
| +22% | +$570K |
|
4849
CALL
Western Union
WU
$2.32B
| $3.17M | ﹤0.01% |
376,900
-171,000
| -31% | -$1.63M |
|
4850
PUT
Douglas Emmett
DEI
$1.96B
| $3.17M | ﹤0.01% |
211,000
+166,800
| +377% | +$2.41M |
|
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.