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 | |
|---|---|---|---|---|---|---|
5251
iShares International Equity Factor ETF
INTF
$3.77B
| $2.6M | ﹤0.01% |
76,066
+29,452
| +63% | +$956K |
|
5252
PUT
Nabors Industries
NBR
$1.39B
| $2.6M | ﹤0.01% |
92,900
-206,600
| -69% | -$6.15M |
|
5253
CALL
Xometry
XMTR
$5.52B
| $2.6M | ﹤0.01% |
77,000
+53,800
| +232% | +$1.58M |
|
5254
CALL
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $2.6M | ﹤0.01% |
51,600
-6,400
| -11% | -$316K |
|
|
DX
5255
CALL
Dynex Capital
DX
$3.24B
| $2.6M | ﹤0.01% |
212,500
+93,100
| +78% | +$1.13M |
|
5256
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $2.6M | ﹤0.01% |
+50,880
| New | +$2.58M |
|
5257
Blue Bird Corp
BLBD
$2.05B
| $2.59M | ﹤0.01% |
60,116
-4,887
| -8% | -$186K |
|
5258
Central Garden & Pet Co Class A
CENTA
$2.37B
| $2.59M | ﹤0.01% |
82,912
-7,319
| -8% | -$229K |
|
5259
Unum
UNM
$14.8B
| $2.59M | ﹤0.01% |
32,119
-89,053
| -73% | -$7.03M |
|
5260
Flowserve
FLS
$10.3B
| $2.59M | ﹤0.01% |
49,530
+42,351
| +590% | +$1.99M |
|
|
HOOY
5261
YieldMax HOOD Option Income Strategy ETF
HOOY
$131M
| $2.59M | ﹤0.01% |
+38,307
| New | +$2.33M |
|
5262
CALL
ProShares Ultra Dow30
DDM
$542M
| $2.59M | ﹤0.01% |
52,800
+6,400
| +14% | +$281K |
|
5263
CALL
State Street SPDR S&P Insurance ETF
KIE
$684M
| $2.59M | ﹤0.01% |
43,300
+21,000
| +94% | +$1.22M |
|
5264
Warby Parker
WRBY
$3.2B
| $2.59M | ﹤0.01% |
117,895
-40,659
| -26% | -$752K |
|
5265
CALL
AXIS Capital
AXS
$7.38B
| $2.59M | ﹤0.01% |
24,900
+7,500
| +43% | +$746K |
|
|
JKS
5266
CALL
JinkoSolar
JKS
$877M
| $2.58M | ﹤0.01% |
121,700
-83,900
| -41% | -$1.53M |
|
5267
1st Source
SRCE
$2.13B
| $2.58M | ﹤0.01% |
41,561
+7,489
| +22% | +$445K |
|
5268
CALL
QuidelOrtho
QDEL
$981M
| $2.58M | ﹤0.01% |
89,500
-56,800
| -39% | -$1.68M |
|
|
TWO
5269
Two Harbors Investment
TWO
$1.27B
| $2.58M | ﹤0.01% |
239,469
+99,939
| +72% | +$1.13M |
|
|
SAND
5270
PUT
DELISTED
Sandstorm Gold
SAND
| $2.57M | ﹤0.01% |
273,500
+104,800
| +62% | +$897K |
|
5271
GMO US Quality ETF
QLTY
$5.08B
| $2.57M | ﹤0.01% |
74,938
-55,027
| -42% | -$1.75M |
|
5272
Neuberger Commodity Strategy ETF
NBCM
$479M
| $2.57M | ﹤0.01% |
115,339
+18,475
| +19% | +$406K |
|
5273
PUT
Erie Indemnity
ERIE
$13.4B
| $2.57M | ﹤0.01% |
7,400
+5,200
| +236% | +$1.93M |
|
5274
iShares Russell Top 200 ETF
IWL
$2.29B
| $2.57M | ﹤0.01% |
16,757
-31,546
| -65% | -$4.45M |
|
5275
CALL
Privia Health
PRVA
$2.81B
| $2.56M | ﹤0.01% |
111,500
+44,900
| +67% | +$1.04M |
|
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.