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 | |
|---|---|---|---|---|---|---|
5076
CALL
Eton Pharmaceutcials
ETON
$1.68B
| $2.83M | ﹤0.01% |
+198,500
| New | +$3.14M |
|
5077
CALL
Morningstar
MORN
$7.78B
| $2.83M | ﹤0.01% |
9,000
-1,300
| -13% | -$385K |
|
5078
CALL
TD Synnex
SNX
$20.7B
| $2.82M | ﹤0.01% |
20,800
+5,500
| +36% | +$646K |
|
5079
Werner Enterprises
WERN
$2.33B
| $2.82M | ﹤0.01% |
103,123
+8,353
| +9% | +$228K |
|
5080
CALL
Mohawk Industries
MHK
$9.49B
| $2.82M | ﹤0.01% |
26,900
-28,600
| -52% | -$2.98M |
|
5081
CALL
Defiance Quantum ETF
QTUM
$5.84B
| $2.82M | ﹤0.01% |
30,700
-13,400
| -30% | -$1.08M |
|
5082
PUT
Sociedad Química y Minera de Chile
SQM
$21.2B
| $2.82M | ﹤0.01% |
79,900
-17,200
| -18% | -$588K |
|
5083
LiveRamp
RAMP
$2.3B
| $2.82M | ﹤0.01% |
85,235
-12,253
| -13% | -$356K |
|
5084
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$329M
| $2.81M | ﹤0.01% |
60,010
+39,430
| +192% | +$2.43M |
|
5085
PUT
Banco Bradesco
BBD
$34.2B
| $2.81M | ﹤0.01% |
910,400
+549,800
| +152% | +$1.45M |
|
5086
Mettler-Toledo International
MTD
$28.4B
| $2.81M | ﹤0.01% |
2,394
-556
| -19% | -$621K |
|
5087
iShare MSCI Eurozone ETF
EZU
$9.97B
| $2.81M | ﹤0.01% |
+47,290
| New | +$2.67M |
|
5088
NextDecade
NEXT
$1.91B
| $2.81M | ﹤0.01% |
315,448
-556,669
| -64% | -$4.32M |
|
5089
PUT
SM Energy
SM
$8.03B
| $2.81M | ﹤0.01% |
113,600
+92,900
| +449% | +$2.25M |
|
5090
UWM Holdings
UWMC
$2.55B
| $2.81M | ﹤0.01% |
677,827
+516,247
| +319% | +$2.27M |
|
5091
CALL
Establishment Labs
ESTA
$2.37B
| $2.81M | ﹤0.01% |
65,700
-103,000
| -61% | -$3.59M |
|
5092
Arbor Realty Trust
ABR
$950M
| $2.8M | ﹤0.01% |
261,938
-294,497
| -53% | -$3.1M |
|
5093
First Trust Multi Cap Value AlphaDEX Fund
FAB
$178M
| $2.8M | ﹤0.01% |
34,464
-11,324
| -25% | -$878K |
|
5094
CALL
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $2.8M | ﹤0.01% |
59,000
+7,400
| +14% | +$336K |
|
5095
PUT
Service Corp International
SCI
$11.5B
| $2.8M | ﹤0.01% |
34,400
-15,800
| -31% | -$1.23M |
|
5096
PUT
Helmerich & Payne
HP
$4.42B
| $2.8M | ﹤0.01% |
184,700
+119,100
| +182% | +$2.18M |
|
5097
PUT
Ginkgo Bioworks
DNA
$457M
| $2.8M | ﹤0.01% |
248,800
-98,600
| -28% | -$764K |
|
5098
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.1B
| $2.8M | ﹤0.01% |
31,375
-5,129
| -14% | -$386K |
|
5099
Canadian Pacific Kansas City
CP
$82.2B
| $2.8M | ﹤0.01% |
35,280
-25,256
| -42% | -$1.94M |
|
5100
CALL
Petrobras Class A
PBR.A
$104B
| $2.8M | ﹤0.01% |
242,300
-2,570,200
| -91% | -$28.6M |
|
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.