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 | |
|---|---|---|---|---|---|---|
|
ODP
4926
DELISTED
ODP
ODP
| $3.06M | ﹤0.01% |
168,554
+107,452
| +176% | +$1.69M |
|
4927
CALL
Direxion Daily MSFT Bull 2X ETF
MSFU
$770M
| $3.06M | ﹤0.01% |
+61,500
| New | +$2.4M |
|
4928
PUT
Packaging Corp of America
PKG
$22.8B
| $3.05M | ﹤0.01% |
16,200
-1,400
| -8% | -$265K |
|
4929
CALL
Brookfield Infrastructure Partners
BIP
$18.3B
| $3.05M | ﹤0.01% |
91,100
+32,300
| +55% | +$1.01M |
|
|
MAG
4930
DELISTED
MAG Silver
MAG
| $3.05M | ﹤0.01% |
144,429
-9,826
| -6% | -$175K |
|
4931
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.6B
| $3.05M | ﹤0.01% |
18,551
+3,154
| +20% | +$499K |
|
|
TSSI
4932
PUT
TSS Inc
TSSI
$273M
| $3.05M | ﹤0.01% |
105,800
-147,000
| -58% | -$1.93M |
|
4933
Canadian Natural Resources
CNQ
$98.9B
| $3.05M | ﹤0.01% |
97,087
+55,914
| +136% | +$1.69M |
|
|
HIVE
4934
HIVE Digital Technologies
HIVE
$736M
| $3.05M | ﹤0.01% |
1,693,085
+972,020
| +135% | +$1.71M |
|
4935
HNI Corp
HNI
$3.53B
| $3.04M | ﹤0.01% |
61,888
-6,334
| -9% | -$287K |
|
4936
IDEAYA Biosciences
IDYA
$3.49B
| $3.03M | ﹤0.01% |
143,945
+14,210
| +11% | +$273K |
|
4937
CALL
Wendy's
WEN
$1.65B
| $3.02M | ﹤0.01% |
264,800
-268,500
| -50% | -$3.28M |
|
4938
Avantis Core Fixed Income ETF
AVIG
$1.96B
| $3.02M | ﹤0.01% |
72,606
+12,735
| +21% | +$522K |
|
4939
iShares Investment Grade Systematic Bond ETF
IGEB
$1.51B
| $3.02M | ﹤0.01% |
66,480
+60,627
| +1,036% | +$2.7M |
|
|
CNH
4940
PUT
CNH Industrial
CNH
$16.8B
| $3.02M | ﹤0.01% |
233,000
-686,500
| -75% | -$8.48M |
|
4941
Reliance Steel & Aluminium
RS
$21.8B
| $3.02M | ﹤0.01% |
9,617
-7,249
| -43% | -$2.14M |
|
4942
Lakeland Financial Corp
LKFN
$1.55B
| $3.02M | ﹤0.01% |
49,088
+6,179
| +14% | +$359K |
|
4943
FT Vest Rising Dividend Achievers Target Income ETF
RDVI
$3.72B
| $3.01M | ﹤0.01% |
121,952
+63,271
| +108% | +$1.49M |
|
4944
PUT
Atlanta Braves Holdings Series A
BATRA
$3.68B
| $3.01M | ﹤0.01% |
61,200
-6,000
| -9% | -$265K |
|
4945
CALL
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.39B
| $3.01M | ﹤0.01% |
17,800
-2,600
| -13% | -$384K |
|
|
HNGE
4946
Hinge Health
HNGE
$7.14B
| $3.01M | ﹤0.01% |
+58,079
| New | +$2.35M |
|
4947
CALL
Strive Inc
ASST
$1.05B
| $3M | ﹤0.01% |
+40,060
| New | +$3.24M |
|
4948
ALPS Disruptive Technologies ETF
DTEC
$77.4M
| $3M | ﹤0.01% |
60,885
+1,525
| +3% | +$69.3K |
|
4949
PUT
United States Copper Index Fund
CPER
$774M
| $3M | ﹤0.01% |
94,900
+87,900
| +1,256% | +$2.61M |
|
4950
PUT
United Natural Foods
UNFI
$2.93B
| $3M | ﹤0.01% |
128,800
+103,200
| +403% | +$2.69M |
|
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.