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 | |
|---|---|---|---|---|---|---|
5226
Vident International Equity Strategy
VIDI
$450M
| $2.64M | ﹤0.01% |
89,403
+28,401
| +47% | +$782K |
|
5227
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.43B
| $2.64M | ﹤0.01% |
51,653
+29,885
| +137% | +$1.53M |
|
5228
CALL
iShares MSCI Mexico ETF
EWW
$1.86B
| $2.64M | ﹤0.01% |
43,600
-1,200
| -3% | -$69.1K |
|
5229
Roblox
RBLX
$27.3B
| $2.64M | ﹤0.01% |
25,098
-29,536
| -54% | -$2.32M |
|
5230
PUT
Brookfield Renewable
BEP
$10.4B
| $2.64M | ﹤0.01% |
103,400
-107,900
| -51% | -$2.54M |
|
|
MASI
5231
DELISTED
Masimo
MASI
| $2.64M | ﹤0.01% |
15,677
+10,251
| +189% | +$1.64M |
|
5232
PUT
Principal Financial Group
PFG
$24.4B
| $2.64M | ﹤0.01% |
33,200
+17,300
| +109% | +$1.33M |
|
5233
CALL
RPM International
RPM
$14.5B
| $2.64M | ﹤0.01% |
24,000
+7,800
| +48% | +$858K |
|
5234
Cohen & Steers
CNS
$4.36B
| $2.64M | ﹤0.01% |
34,981
+1,128
| +3% | +$86.7K |
|
5235
Constellium
CSTM
$4.01B
| $2.64M | ﹤0.01% |
198,160
-136,877
| -41% | -$1.54M |
|
5236
First Bancorp
FBNC
$2.74B
| $2.63M | ﹤0.01% |
59,758
-1,414
| -2% | -$57.3K |
|
|
5237
Principal Financial Group
PFG
$24.4B
| $2.63M | ﹤0.01% |
33,153
-3,563
| -10% | -$274K |
|
5238
First Commonwealth Financial
FCF
$2.18B
| $2.63M | ﹤0.01% |
161,997
-3,589
| -2% | -$55.4K |
|
|
AVL
5239
Direxion Daily AVGO Bull 2X ETF
AVL
$165M
| $2.63M | ﹤0.01% |
67,530
+51,958
| +334% | +$1.32M |
|
5240
CALL
Eagle Materials
EXP
$6.4B
| $2.63M | ﹤0.01% |
13,000
-36,100
| -74% | -$7.78M |
|
5241
Overlay Shares Core Bond ETF
OVB
$47.9M
| $2.63M | ﹤0.01% |
+127,996
| New | +$2.57M |
|
5242
RPAR Risk Parity ETF
RPAR
$582M
| $2.63M | ﹤0.01% |
131,593
+52,022
| +65% | +$1.01M |
|
5243
Vermilion Energy
VET
$1.73B
| $2.62M | ﹤0.01% |
360,289
+2,710
| +0.8% | +$18.5K |
|
5244
CALL
Flowserve
FLS
$10.3B
| $2.62M | ﹤0.01% |
50,100
+1,300
| +3% | +$61.1K |
|
|
CDTX
5245
CALL
DELISTED
Cidara Therapeutics
CDTX
| $2.62M | ﹤0.01% |
+53,800
| New | +$1.29M |
|
5246
CALL
Invesco DB US Dollar Index Bearish Fund
UDN
$109M
| $2.62M | ﹤0.01% |
+138,500
| New | +$2.54M |
|
5247
A10 Networks
ATEN
$1.99B
| $2.61M | ﹤0.01% |
135,132
+21,680
| +19% | +$370K |
|
5248
Nuveen ESG Emerging Markets Equity ETF
NUEM
$401M
| $2.61M | ﹤0.01% |
78,734
+46,510
| +144% | +$1.41M |
|
5249
CALL
WEX
WEX
$6.54B
| $2.61M | ﹤0.01% |
17,800
-1,400
| -7% | -$188K |
|
5250
CALL
Graco
GGG
$13.3B
| $2.61M | ﹤0.01% |
30,400
+26,500
| +679% | +$2.2M |
|
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.