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 | |
|---|---|---|---|---|---|---|
4951
CALL
Buckle
BKE
$2.27B
| $3M | ﹤0.01% |
66,200
+14,600
| +28% | +$577K |
|
|
LNW
4952
DELISTED
Light & Wonder
LNW
| $3M | ﹤0.01% |
31,185
-16,787
| -35% | -$1.44M |
|
4953
HUB Group
HUBG
$2.46B
| $3M | ﹤0.01% |
89,793
+16,717
| +23% | +$561K |
|
4954
Acadia Realty Trust
AKR
$2.86B
| $3M | ﹤0.01% |
161,618
+13,368
| +9% | +$259K |
|
4955
PagerDuty
PD
$918M
| $3M | ﹤0.01% |
196,321
+69,099
| +54% | +$1.07M |
|
4956
iShares MSCI USA Equal Weighted ETF
EUSA
$1.95B
| $3M | ﹤0.01% |
30,263
+10,397
| +52% | +$975K |
|
|
OTLY
4957
CALL
Oatly Group
OTLY
$441M
| $3M | ﹤0.01% |
252,600
-299,000
| -54% | -$3.15M |
|
4958
State Street SPDR S&P Pharmaceuticals ETF
XPH
$518M
| $3M | ﹤0.01% |
73,875
-18,170
| -20% | -$730K |
|
4959
CALL
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$602M
| $3M | ﹤0.01% |
46,000
-54,900
| -54% | -$3.1M |
|
4960
Liberty Global Class C
LBTYK
$3.49B
| $2.99M | ﹤0.01% |
290,448
-122,903
| -30% | -$1.27M |
|
4961
CALL
Similarweb
SMWB
$779M
| $2.99M | ﹤0.01% |
381,900
-259,100
| -40% | -$1.94M |
|
4962
CALL
Fluence Energy
FLNC
$2.43B
| $2.99M | ﹤0.01% |
446,100
+143,400
| +47% | +$683K |
|
4963
Alignment Healthcare
ALHC
$2.9B
| $2.99M | ﹤0.01% |
213,716
+39,222
| +22% | +$632K |
|
4964
Arvinas
ARVN
$587M
| $2.99M | ﹤0.01% |
406,384
+17,824
| +5% | +$131K |
|
4965
PUT
Clear Secure
YOU
$4.68B
| $2.99M | ﹤0.01% |
107,600
-549,700
| -84% | -$14M |
|
4966
CALL
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $2.99M | ﹤0.01% |
+57,300
| New | +$2.73M |
|
4967
CALL
ProShares Short Bitcoin Strategy ETF
BITI
$121M
| $2.98M | ﹤0.01% |
151,500
+15,000
| +11% | +$326K |
|
4968
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.58B
| $2.98M | ﹤0.01% |
30,663
+21,365
| +230% | +$2.04M |
|
4969
PUT
Ericsson
ERIC
$33.6B
| $2.98M | ﹤0.01% |
351,600
-313,700
| -47% | -$2.58M |
|
4970
Green Brick Partners
GRBK
$3.03B
| $2.98M | ﹤0.01% |
47,402
-573
| -1% | -$34K |
|
4971
Innovator US Equity Power Buffer ETF March
PMAR
$771M
| $2.98M | ﹤0.01% |
70,554
+52,647
| +294% | +$2.13M |
|
4972
Tencent Music
TME
$14.5B
| $2.98M | ﹤0.01% |
152,835
+29,669
| +24% | +$466K |
|
4973
ICF International
ICFI
$1.59B
| $2.98M | ﹤0.01% |
35,133
-7,292
| -17% | -$618K |
|
4974
CALL
Leggett & Platt
LEG
$1.32B
| $2.98M | ﹤0.01% |
333,600
+114,900
| +53% | +$990K |
|
4975
PUT
Clover Health Investments
CLOV
$2.44B
| $2.97M | ﹤0.01% |
1,066,000
+50,500
| +5% | +$166K |
|
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.