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 | |
|---|---|---|---|---|---|---|
4876
PUT
Huntington Bancshares
HBAN
$36.2B
| $3.13M | ﹤0.01% |
186,500
-242,200
| -56% | -$3.65M |
|
4877
CALL
Bit Digital
BTBT
$566M
| $3.12M | ﹤0.01% |
1,426,600
-763,900
| -35% | -$1.69M |
|
4878
O-I Glass
OI
$1.04B
| $3.12M | ﹤0.01% |
211,845
-85,826
| -29% | -$1.1M |
|
4879
CALL
US Commodity Index
USCI
$375M
| $3.12M | ﹤0.01% |
42,600
+34,000
| +395% | +$2.41M |
|
4880
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| $3.12M | ﹤0.01% |
52,000
+200
| +0.4% | +$11.2K |
|
4881
CALL
Choice Hotels
CHH
$4.7B
| $3.12M | ﹤0.01% |
24,600
-10,200
| -29% | -$1.29M |
|
4882
Global X SuperDividend ETF
SDIV
$1.21B
| $3.11M | ﹤0.01% |
138,100
+19,502
| +16% | +$410K |
|
4883
PUT
Itaú Unibanco
ITUB
$81.6B
| $3.11M | ﹤0.01% |
472,379
-506,399
| -52% | -$3.09M |
|
4884
CALL
Gates Industrial Corp
GTES
$7.03B
| $3.11M | ﹤0.01% |
135,200
+50,600
| +60% | +$1.02M |
|
4885
PUT
Huntsman Corp
HUN
$1.81B
| $3.11M | ﹤0.01% |
298,800
+123,200
| +70% | +$1.5M |
|
4886
CALL
AnaptysBio
ANAB
$1.73B
| $3.11M | ﹤0.01% |
140,100
+69,300
| +98% | +$1.45M |
|
4887
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.75B
| $3.11M | ﹤0.01% |
+57,006
| New | +$2.92M |
|
4888
Phinia Inc
PHIN
$2.73B
| $3.11M | ﹤0.01% |
69,831
+6,638
| +11% | +$280K |
|
4889
CALL
Ramaco Resources Class A
METC
$777M
| $3.11M | ﹤0.01% |
236,400
+186,746
| +376% | +$1.78M |
|
4890
PUT
Flowserve
FLS
$10.3B
| $3.1M | ﹤0.01% |
59,300
+41,600
| +235% | +$1.96M |
|
4891
Commerce Bancshares
CBSH
$8.64B
| $3.1M | ﹤0.01% |
52,395
-10,606
| -17% | -$622K |
|
4892
Innospec
IOSP
$2.31B
| $3.1M | ﹤0.01% |
36,861
+2,558
| +7% | +$224K |
|
4893
CALL
iShares 10-20 Year Treasury Bond ETF
TLH
$10.8B
| $3.1M | ﹤0.01% |
30,500
-40,300
| -57% | -$4.04M |
|
4894
United Parks & Resorts
PRKS
$2.04B
| $3.1M | ﹤0.01% |
65,719
-32,160
| -33% | -$1.44M |
|
4895
CALL
Extra Space Storage
EXR
$31.2B
| $3.1M | ﹤0.01% |
21,000
-19,500
| -48% | -$2.84M |
|
4896
CMS Energy
CMS
$22.3B
| $3.1M | ﹤0.01% |
44,686
+16,908
| +61% | +$1.2M |
|
4897
CALL
H&R Block
HRB
$6.83B
| $3.09M | ﹤0.01% |
56,300
+2,200
| +4% | +$127K |
|
4898
Blue Owl Capital
OWL
$19.1B
| $3.09M | ﹤0.01% |
160,828
+21,601
| +16% | +$400K |
|
4899
Macy's
M
$6.16B
| $3.09M | ﹤0.01% |
264,892
+32,663
| +14% | +$379K |
|
4900
Frontline
FRO
$9.17B
| $3.09M | ﹤0.01% |
188,198
-288,985
| -61% | -$4.9M |
|
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.