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 | |
|---|---|---|---|---|---|---|
5126
Olin
OLN
$2.18B
| $2.76M | ﹤0.01% |
137,369
+55,802
| +68% | +$1.16M |
|
5127
Sunoco
SUN
$14.2B
| $2.76M | ﹤0.01% |
51,467
+37,128
| +259% | +$2.05M |
|
5128
United Microelectronic
UMC
$48B
| $2.75M | ﹤0.01% |
360,128
-301,660
| -46% | -$2.24M |
|
|
LINE
5129
PUT
Lineage Inc
LINE
$9.51B
| $2.75M | ﹤0.01% |
63,300
+3,500
| +6% | +$169K |
|
|
PLTU
5130
Direxion Daily PLTR Bull 2X ETF
PLTU
$604M
| $2.75M | ﹤0.01% |
44,852
-50,687
| -53% | -$2.5M |
|
5131
PUT
Iridium Communications
IRDM
$5.32B
| $2.75M | ﹤0.01% |
91,300
+18,200
| +25% | +$473K |
|
|
BTCI
5132
NEOS Bitcoin High Income ETF
BTCI
$1.09B
| $2.74M | ﹤0.01% |
+45,918
| New | +$2.61M |
|
5133
PUT
Liberty Media Series C
FWONK
$26B
| $2.74M | ﹤0.01% |
26,200
+10,000
| +62% | +$929K |
|
5134
CALL
Progyny
PGNY
$2.02B
| $2.74M | ﹤0.01% |
124,400
+62,100
| +100% | +$1.36M |
|
5135
PUT
Post Holdings
POST
$3.67B
| $2.74M | ﹤0.01% |
25,100
+900
| +4% | +$101K |
|
5136
CALL
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $2.74M | ﹤0.01% |
20,700
-24,800
| -55% | -$3.18M |
|
|
TBIL
5137
F/m US Treasury 3 Month Bill Fund
TBIL
$7.24B
| $2.74M | ﹤0.01% |
54,708
+22,645
| +71% | +$1.13M |
|
5138
PUT
Old Republic International
ORI
$10.3B
| $2.73M | ﹤0.01% |
+71,100
| New | +$2.68M |
|
5139
Newmark Group
NMRK
$2.76B
| $2.73M | ﹤0.01% |
224,934
-143,490
| -39% | -$1.61M |
|
5140
Direxion Daily MSCI South Korea Bull 3X ETF
KORU
$1.69B
| $2.73M | ﹤0.01% |
675,960
-232,740
| -26% | -$586K |
|
|
SPR
5141
PUT
DELISTED
Spirit AeroSystems
SPR
| $2.73M | ﹤0.01% |
71,600
-5,300
| -7% | -$190K |
|
|
OLO
5142
DELISTED
Olo Inc
OLO
| $2.73M | ﹤0.01% |
306,816
+169,321
| +123% | +$1.31M |
|
|
CURB
5143
Curbline Properties
CURB
$3.48B
| $2.73M | ﹤0.01% |
119,606
-33,596
| -22% | -$773K |
|
5144
CALL
Dine Brands
DIN
$447M
| $2.73M | ﹤0.01% |
112,200
+91,900
| +453% | +$2.12M |
|
5145
Alliant Energy
LNT
$18.3B
| $2.73M | ﹤0.01% |
45,121
+22,945
| +103% | +$1.4M |
|
5146
Hilltop Holdings
HTH
$2.27B
| $2.73M | ﹤0.01% |
89,854
-1,156
| -1% | -$34.3K |
|
5147
Azenta
AZTA
$1.46B
| $2.73M | ﹤0.01% |
88,572
-91,943
| -51% | -$2.59M |
|
5148
Helmerich & Payne
HP
$4.42B
| $2.72M | ﹤0.01% |
179,527
-7,426
| -4% | -$136K |
|
5149
Deutsche Bank
DB
$72.5B
| $2.72M | ﹤0.01% |
92,894
-315,063
| -77% | -$8.32M |
|
|
PBT
5150
PUT
Permian Basin Royalty Trust
PBT
$1.52B
| $2.72M | ﹤0.01% |
218,200
+85,400
| +64% | +$908K |
|
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.