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 | |
|---|---|---|---|---|---|---|
5176
PUT
Vicor
VICR
$10.8B
| $2.69M | ﹤0.01% |
59,300
+33,100
| +126% | +$1.48M |
|
5177
Curtiss-Wright
CW
$25.8B
| $2.69M | ﹤0.01% |
5,504
-3,002
| -35% | -$1.18M |
|
5178
BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
XTWO
$210M
| $2.69M | ﹤0.01% |
54,247
-5,931
| -10% | -$293K |
|
5179
CALL
MSC Industrial Direct
MSM
$6.91B
| $2.69M | ﹤0.01% |
31,600
-75,700
| -71% | -$5.98M |
|
5180
PUT
Global X Copper Miners ETF NEW
COPX
$7.98B
| $2.69M | ﹤0.01% |
59,700
-44,800
| -43% | -$1.79M |
|
|
LINE
5181
Lineage Inc
LINE
$9.51B
| $2.69M | ﹤0.01% |
61,702
+47,111
| +323% | +$2.27M |
|
|
METU
5182
CALL
Direxion Daily META Bull 2X ETF
METU
$457M
| $2.68M | ﹤0.01% |
+59,100
| New | +$1.96M |
|
5183
Dimensional US Large Cap Vector ETF
DFVX
$543M
| $2.68M | ﹤0.01% |
38,947
+752
| +2% | +$48.5K |
|
5184
PUT
Anavex Life Sciences
AVXL
$298M
| $2.68M | ﹤0.01% |
291,000
-96,600
| -25% | -$825K |
|
5185
Vanguard S&P Small-Cap 600 Growth ETF
VIOG
$1.14B
| $2.68M | ﹤0.01% |
23,445
+6,428
| +38% | +$692K |
|
5186
PUT
Saic
SAIC
$5.36B
| $2.68M | ﹤0.01% |
23,800
-2,000
| -8% | -$228K |
|
5187
NOV
NOV
$7.54B
| $2.68M | ﹤0.01% |
215,595
-148,572
| -41% | -$1.87M |
|
5188
First Trust Large Cap Value AlphaDEX Fund
FTA
$1.44B
| $2.68M | ﹤0.01% |
+34,077
| New | +$2.55M |
|
5189
CALL
Chemours
CC
$2.39B
| $2.68M | ﹤0.01% |
234,000
+75,300
| +47% | +$849K |
|
5190
JB Hunt Transport Services
JBHT
$26.3B
| $2.68M | ﹤0.01% |
18,655
+5,767
| +45% | +$798K |
|
|
BLD
5191
DELISTED
TopBuild
BLD
| $2.68M | ﹤0.01% |
8,272
+936
| +13% | +$278K |
|
5192
Trex
TREX
$5.06B
| $2.68M | ﹤0.01% |
49,227
+31,209
| +173% | +$1.77M |
|
5193
PUT
KBR
KBR
$4.84B
| $2.68M | ﹤0.01% |
55,800
-107,900
| -66% | -$5.6M |
|
5194
CALL
Atour Lifestyle Holdings
ATAT
$4.65B
| $2.67M | ﹤0.01% |
82,200
-93,800
| -53% | -$2.67M |
|
5195
PUT
Petrobras Class A
PBR.A
$104B
| $2.67M | ﹤0.01% |
231,500
-44,200
| -16% | -$492K |
|
|
CDTX
5196
DELISTED
Cidara Therapeutics
CDTX
| $2.67M | ﹤0.01% |
54,840
-287,636
| -84% | -$6.91M |
|
5197
PUT
Xenon Pharmaceuticals
XENE
$6.03B
| $2.67M | ﹤0.01% |
+85,300
| New | +$2.78M |
|
5198
Mirum Pharmaceuticals
MIRM
$6.14B
| $2.67M | ﹤0.01% |
52,410
-4,195
| -7% | -$187K |
|
5199
Vanguard Communication Services ETF
VOX
$5.9B
| $2.67M | ﹤0.01% |
+15,588
| New | +$2.4M |
|
5200
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.11B
| $2.66M | ﹤0.01% |
42,154
-12,443
| -23% | -$724K |
|
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.