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 | |
|---|---|---|---|---|---|---|
|
KDK
5301
Kodiak AI
KDK
$835M
| $2.53M | ﹤0.01% |
223,697
+182,167
| +439% | +$2.05M |
|
5302
CALL
Lithia Motors
LAD
$8.3B
| $2.53M | ﹤0.01% |
7,500
+2,700
| +56% | +$835K |
|
5303
PUT
PTC
PTC
$16.2B
| $2.53M | ﹤0.01% |
14,700
-62,300
| -81% | -$10M |
|
5304
First Trust Rising Dividend Achievers ETF
RDVY
$25.8B
| $2.53M | ﹤0.01% |
40,342
-72,482
| -64% | -$4.26M |
|
5305
Array Technologies
ARRY
$778M
| $2.53M | ﹤0.01% |
428,046
+137,355
| +47% | +$834K |
|
5306
First Trust Germany AlphaDEX Fund
FGM
$98.5M
| $2.53M | ﹤0.01% |
44,807
+36,264
| +424% | +$1.87M |
|
|
CNTA
5307
CALL
DELISTED
Centessa Pharmaceuticals
CNTA
| $2.52M | ﹤0.01% |
192,100
+112,800
| +142% | +$1.43M |
|
5308
Churchill Downs
CHDN
$6.33B
| $2.52M | ﹤0.01% |
24,986
+9,245
| +59% | +$905K |
|
|
CGIC
5309
Capital Group International Core Equity ETF
CGIC
$2.42B
| $2.52M | ﹤0.01% |
+86,676
| New | +$2.37M |
|
|
WCLD
5310
CALL
WisdomTree Cloud Computing Fund
WCLD
$311M
| $2.52M | ﹤0.01% |
69,800
+3,200
| +5% | +$109K |
|
|
JMIA
5311
CALL
Jumia Technologies
JMIA
$772M
| $2.52M | ﹤0.01% |
627,500
+214,700
| +52% | +$606K |
|
5312
PUT
Smith & Wesson
SWBI
$643M
| $2.52M | ﹤0.01% |
290,300
+119,000
| +69% | +$1.13M |
|
|
AAMI
5313
Acadian Asset Management
AAMI
$3.28B
| $2.52M | ﹤0.01% |
71,458
+13,240
| +23% | +$385K |
|
|
TWO
5314
PUT
Two Harbors Investment
TWO
$1.27B
| $2.52M | ﹤0.01% |
233,700
+192,700
| +470% | +$2.17M |
|
5315
PUT
Liberty Energy
LBRT
$3.59B
| $2.52M | ﹤0.01% |
219,100
+177,400
| +425% | +$2.15M |
|
|
WCMI
5316
First Trust WCM International Equity ETF
WCMI
$1.85B
| $2.51M | ﹤0.01% |
+157,903
| New | +$2.36M |
|
|
LINE
5317
CALL
Lineage Inc
LINE
$9.51B
| $2.51M | ﹤0.01% |
57,700
+5,200
| +10% | +$251K |
|
5318
TORM
TRMD
$3.08B
| $2.51M | ﹤0.01% |
150,666
+107,939
| +253% | +$1.8M |
|
5319
CACI
CACI
$14.8B
| $2.51M | ﹤0.01% |
5,263
+947
| +22% | +$420K |
|
5320
Evolent Health
EVH
$529M
| $2.51M | ﹤0.01% |
222,788
+68,448
| +44% | +$629K |
|
5321
Innoviva
INVA
$1.53B
| $2.51M | ﹤0.01% |
124,813
+31,201
| +33% | +$600K |
|
5322
Kymera Therapeutics
KYMR
$9.76B
| $2.51M | ﹤0.01% |
57,456
-6,312
| -10% | -$217K |
|
5323
CALL
LiveWire
LVWR
$246M
| $2.51M | ﹤0.01% |
+545,000
| New | +$1.63M |
|
5324
DNOW Inc
DNOW
$2.97B
| $2.51M | ﹤0.01% |
169,018
-35,176
| -17% | -$537K |
|
5325
CALL
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $2.51M | ﹤0.01% |
26,700
+17,900
| +203% | +$1.65M |
|
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.