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 | |
|---|---|---|---|---|---|---|
5001
Enerpac Tool Group
EPAC
$1.89B
| $2.94M | ﹤0.01% |
72,458
+8,459
| +13% | +$356K |
|
5002
PUT
Vanguard Morningstar Large-Cap ETF
VV
$54.8B
| $2.94M | ﹤0.01% |
10,300
-11,100
| -52% | -$2.92M |
|
|
SEI
5003
Solaris Energy Infrastructure
SEI
$4.17B
| $2.94M | ﹤0.01% |
103,814
-49,614
| -32% | -$1.17M |
|
5004
PUT
iShares Core US Aggregate Bond ETF
AGG
$138B
| $2.94M | ﹤0.01% |
29,600
+24,100
| +438% | +$2.36M |
|
5005
Extreme Networks
EXTR
$3.2B
| $2.94M | ﹤0.01% |
163,552
-60,285
| -27% | -$888K |
|
5006
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.96B
| $2.93M | ﹤0.01% |
125,441
+90,608
| +260% | +$2M |
|
5007
Simplify Hedged Equity ETF
HEQT
$305M
| $2.93M | ﹤0.01% |
97,634
+49,668
| +104% | +$1.44M |
|
5008
Trump Media & Technology Group
DJT
$2.3B
| $2.93M | ﹤0.01% |
+162,617
| New | +$3.54M |
|
5009
TC Energy
TRP
$66.7B
| $2.93M | ﹤0.01% |
60,102
+50,346
| +516% | +$2.47M |
|
5010
Adient
ADNT
$1.57B
| $2.93M | ﹤0.01% |
150,564
-39,711
| -21% | -$587K |
|
5011
CALL
Saic
SAIC
$5.36B
| $2.93M | ﹤0.01% |
26,000
-14,900
| -36% | -$1.7M |
|
|
CON
5012
Concentra Group Holdings
CON
$4.52B
| $2.92M | ﹤0.01% |
142,179
-58,127
| -29% | -$1.24M |
|
5013
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$94.9M
| $2.92M | ﹤0.01% |
53,947
+37,119
| +221% | +$1.92M |
|
5014
PUT
Herbalife
HLF
$1.29B
| $2.92M | ﹤0.01% |
338,800
-70,100
| -17% | -$521K |
|
5015
Viasat
VSAT
$11.4B
| $2.92M | ﹤0.01% |
199,901
+37,138
| +23% | +$376K |
|
5016
Ultragenyx Pharmaceutical
RARE
$2.61B
| $2.92M | ﹤0.01% |
80,223
-40,237
| -33% | -$1.45M |
|
5017
Cogent Biosciences
COGT
$6.58B
| $2.92M | ﹤0.01% |
406,118
+269,376
| +197% | +$1.49M |
|
5018
PUT
PagerDuty
PD
$918M
| $2.92M | ﹤0.01% |
190,800
+125,700
| +193% | +$1.95M |
|
5019
PUT
CorMedix
CRMD
$588M
| $2.91M | ﹤0.01% |
236,600
-144,400
| -38% | -$1.59M |
|
5020
Enovis
ENOV
$1.5B
| $2.91M | ﹤0.01% |
92,908
-145,580
| -61% | -$4.82M |
|
5021
PUT
Green Brick Partners
GRBK
$3.03B
| $2.91M | ﹤0.01% |
46,300
+31,200
| +207% | +$1.85M |
|
5022
PUT
Prothena Corp
PRTA
$455M
| $2.91M | ﹤0.01% |
479,500
+452,100
| +1,650% | +$3.39M |
|
5023
CALL
iShares US Financials ETF
IYF
$4.43B
| $2.9M | ﹤0.01% |
24,000
+2,900
| +14% | +$327K |
|
5024
Interparfums
IPAR
$3.67B
| $2.9M | ﹤0.01% |
22,106
-6,355
| -22% | -$777K |
|
5025
iShares MSCI BIC ETF
BKF
$76.5M
| $2.9M | ﹤0.01% |
69,999
+7,803
| +13% | +$311K |
|
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.