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 | |
|---|---|---|---|---|---|---|
5151
PUT
Genius Sports
GENI
$2.33B
| $2.72M | ﹤0.01% |
261,400
+60,000
| +30% | +$600K |
|
5152
Globus Medical
GMED
$11.5B
| $2.72M | ﹤0.01% |
46,059
+33,904
| +279% | +$2.19M |
|
5153
CALL
United States Gasoline Fund
UGA
$138M
| $2.72M | ﹤0.01% |
45,100
+36,100
| +401% | +$2.16M |
|
|
DMC
5154
Del Monte Corp
DMC
$1.43B
| $2.71M | ﹤0.01% |
83,736
+27,209
| +48% | +$895K |
|
5155
PUT
HealthEquity
HQY
$8.76B
| $2.71M | ﹤0.01% |
25,900
-43,300
| -63% | -$4.1M |
|
5156
Invesco S&P MidCap Quality ETF
XMHQ
$5.68B
| $2.71M | ﹤0.01% |
27,616
-29,736
| -52% | -$2.81M |
|
|
SPTN
5157
CALL
DELISTED
SpartanNash
SPTN
| $2.71M | ﹤0.01% |
102,400
+78,900
| +336% | +$1.58M |
|
|
SMLR
5158
PUT
DELISTED
Semler Scientific
SMLR
| $2.71M | ﹤0.01% |
70,000
+55,400
| +379% | +$1.97M |
|
5159
TD Synnex
SNX
$20.7B
| $2.71M | ﹤0.01% |
19,973
-3,703
| -16% | -$435K |
|
|
SNCY
5160
DELISTED
Sun Country Airlines
SNCY
| $2.71M | ﹤0.01% |
230,510
+116,898
| +103% | +$1.28M |
|
5161
PUT
Haemonetics
HAE
$4.13B
| $2.71M | ﹤0.01% |
36,300
+3,700
| +11% | +$245K |
|
5162
Vishay Intertechnology
VSH
$5.38B
| $2.71M | ﹤0.01% |
170,527
-73,522
| -30% | -$1.02M |
|
5163
WisdomTree US LargeCap Fund
EPS
$1.66B
| $2.7M | ﹤0.01% |
42,212
+9,028
| +27% | +$539K |
|
5164
CALL
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.78B
| $2.7M | ﹤0.01% |
53,800
+7,600
| +16% | +$372K |
|
5165
PUT
FTAI Infrastructure
FIP
$533M
| $2.7M | ﹤0.01% |
437,700
+395,300
| +932% | +$2M |
|
5166
ProShares UltraShort Bitcoin ETF
SBIT
$177M
| $2.7M | ﹤0.01% |
77,991
+66,460
| +576% | +$2.92M |
|
5167
Conagra Brands
CAG
$7.5B
| $2.7M | ﹤0.01% |
131,899
-78,265
| -37% | -$1.83M |
|
5168
CALL
Houlihan Lokey
HLI
$8.99B
| $2.7M | ﹤0.01% |
15,000
+10,300
| +219% | +$1.73M |
|
5169
PUT
B2Gold
BTG
$6.79B
| $2.7M | ﹤0.01% |
747,400
+148,800
| +25% | +$488K |
|
5170
First Trust Dow Jones International Internet ETF
FDNI
$31.6M
| $2.7M | ﹤0.01% |
80,132
+70,095
| +698% | +$2.2M |
|
5171
Comstock Resources
CRK
$4.13B
| $2.7M | ﹤0.01% |
97,440
-117,145
| -55% | -$2.67M |
|
5172
AutoNation
AN
$6.92B
| $2.7M | ﹤0.01% |
13,571
-1,731
| -11% | -$313K |
|
5173
Dropbox
DBX
$7.48B
| $2.69M | ﹤0.01% |
94,182
-114,850
| -55% | -$3.25M |
|
5174
iShares Global Consumer Staples ETF
KXI
$1.07B
| $2.69M | ﹤0.01% |
+41,177
| New | +$2.7M |
|
5175
CALL
Nordic American Tanker
NAT
$1.42B
| $2.69M | ﹤0.01% |
1,023,600
+400,700
| +64% | +$1.05M |
|
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.