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 | |
|---|---|---|---|---|---|---|
4976
CALL
iShares Core Dividend Growth ETF
DGRO
$43.8B
| $2.97M | ﹤0.01% |
46,500
+21,400
| +85% | +$1.3M |
|
4977
CALL
TFI International
TFII
$12.1B
| $2.97M | ﹤0.01% |
33,100
+30,300
| +1,082% | +$2.56M |
|
4978
Franklin Investment Grade Corporate ETF
FLCO
$556M
| $2.97M | ﹤0.01% |
137,500
+75,703
| +123% | +$1.6M |
|
4979
Albany International
AIN
$1.84B
| $2.97M | ﹤0.01% |
42,313
-255
| -0.6% | -$16.9K |
|
|
SMST
4980
PUT
Defiance Daily Target 2x Short MSTR ETF
SMST
$29M
| $2.97M | ﹤0.01% |
124,000
+113,520
| +1,083% | +$4.12M |
|
4981
PUT
SPS Commerce
SPSC
$2.86B
| $2.97M | ﹤0.01% |
21,800
+18,900
| +652% | +$2.62M |
|
4982
CALL
Clover Health Investments
CLOV
$2.44B
| $2.96M | ﹤0.01% |
1,062,500
-481,900
| -31% | -$1.58M |
|
4983
Porch Group
PRCH
$1.97B
| $2.96M | ﹤0.01% |
251,420
+120,809
| +92% | +$1.04M |
|
4984
PUT
JFrog
FROG
$11.6B
| $2.96M | ﹤0.01% |
67,500
+41,700
| +162% | +$1.58M |
|
4985
Humacyte
HUMA
$168M
| $2.96M | ﹤0.01% |
1,416,533
+858,026
| +154% | +$1.65M |
|
|
IFLN
4986
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$307M
| $2.96M | ﹤0.01% |
160,262
+82,872
| +107% | +$1.5M |
|
4987
CALL
Bausch Health
BHC
$2.43B
| $2.96M | ﹤0.01% |
443,900
+145,400
| +49% | +$747K |
|
4988
CALL
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.19B
| $2.95M | ﹤0.01% |
92,400
+83,800
| +974% | +$2.5M |
|
|
ONC
4989
PUT
BeOne Medicines Ltd
ONC
$39.3B
| $2.95M | ﹤0.01% |
12,200
-9,000
| -42% | -$2.21M |
|
4990
Invesco S&P 500 Pure Value ETF
RPV
$1.75B
| $2.95M | ﹤0.01% |
31,466
+12,184
| +63% | +$1.09M |
|
4991
Grocery Outlet
GO
$1.1B
| $2.95M | ﹤0.01% |
237,336
-335,524
| -59% | -$4.77M |
|
4992
Evertec
EVTC
$1.89B
| $2.95M | ﹤0.01% |
81,703
+3,854
| +5% | +$137K |
|
4993
Turning Point Brands
TPB
$1.75B
| $2.95M | ﹤0.01% |
38,871
-6,060
| -13% | -$412K |
|
4994
LXP Industrial Trust
LXP
$3.57B
| $2.94M | ﹤0.01% |
71,282
-4,518
| -6% | -$186K |
|
|
ACH
4995
Accendra Health
ACH
$73.1M
| $2.94M | ﹤0.01% |
323,444
+227,820
| +238% | +$1.68M |
|
4996
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $2.94M | ﹤0.01% |
21,685
+9,989
| +85% | +$1.32M |
|
4997
Pacira BioSciences
PCRX
$917M
| $2.94M | ﹤0.01% |
123,087
-19,446
| -14% | -$490K |
|
4998
HF Sinclair
DINO
$16.7B
| $2.94M | ﹤0.01% |
71,590
-398,630
| -85% | -$13.7M |
|
4999
Dimensional Global Real Estate ETF
DFGR
$3.85B
| $2.94M | ﹤0.01% |
109,598
+99,690
| +1,006% | +$2.62M |
|
5000
Urban Edge Properties
UE
$2.76B
| $2.94M | ﹤0.01% |
157,532
+641
| +0.4% | +$11.7K |
|
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.