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 | |
|---|---|---|---|---|---|---|
5376
CG Oncology
CGON
$6.65B
| $2.44M | ﹤0.01% |
93,793
+11,808
| +14% | +$285K |
|
5377
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.72B
| $2.44M | ﹤0.01% |
25,900
-5,113
| -16% | -$450K |
|
5378
CALL
Itron
ITRI
$4.45B
| $2.44M | ﹤0.01% |
18,500
+9,800
| +113% | +$1.11M |
|
5379
Texas Roadhouse
TXRH
$13.6B
| $2.43M | ﹤0.01% |
12,960
-17,896
| -58% | -$3.21M |
|
5380
PUT
Eastman Chemical
EMN
$8.47B
| $2.43M | ﹤0.01% |
32,500
+15,000
| +86% | +$1.18M |
|
5381
Tidal Trust II Defiance Nasdaq 100 Weekly Distribution ETF
QQQY
$189M
| $2.42M | ﹤0.01% |
+92,839
| New | +$2.33M |
|
5382
PUT
Syndax Pharmaceuticals
SNDX
$1.77B
| $2.42M | ﹤0.01% |
258,400
+35,700
| +16% | +$393K |
|
5383
ITT
ITT
$19.6B
| $2.42M | ﹤0.01% |
15,418
-11,020
| -42% | -$1.57M |
|
5384
WisdomTree Efficient Gold Plus Equity Strategy Fund
GDE
$482M
| $2.42M | ﹤0.01% |
51,271
+16,845
| +49% | +$736K |
|
5385
Ezcorp Inc
EZPW
$1.81B
| $2.42M | ﹤0.01% |
174,014
+79,915
| +85% | +$1.16M |
|
5386
First Trust Dorsey Wright Focus 5 ETF
FV
$3.82B
| $2.41M | ﹤0.01% |
40,737
-29,720
| -42% | -$1.65M |
|
5387
CALL
Vanguard FTSE All-World ex-US ETF
VEU
$70.6B
| $2.41M | ﹤0.01% |
35,900
+11,200
| +45% | +$709K |
|
5388
CALL
Kymera Therapeutics
KYMR
$9.76B
| $2.41M | ﹤0.01% |
55,200
+22,900
| +71% | +$789K |
|
5389
PUT
Wabtec
WAB
$50.5B
| $2.41M | ﹤0.01% |
11,500
-21,500
| -65% | -$4.13M |
|
5390
CALL
iShares Mortgage Real Estate ETF
REM
$546M
| $2.41M | ﹤0.01% |
112,600
-43,200
| -28% | -$907K |
|
|
DNB
5391
DELISTED
Dun & Bradstreet
DNB
| $2.41M | ﹤0.01% |
264,791
+108,483
| +69% | +$971K |
|
5392
Fidelity Enhanced Mid Cap Core ETF
FMDE
$8.25B
| $2.4M | ﹤0.01% |
69,877
+13,197
| +23% | +$425K |
|
5393
Plug Power
PLUG
$3.24B
| $2.4M | ﹤0.01% |
1,613,472
+603,667
| +60% | +$602K |
|
5394
Petrobras Class A
PBR.A
$104B
| $2.4M | ﹤0.01% |
208,311
+62,691
| +43% | +$699K |
|
|
BASE
5395
PUT
DELISTED
Couchbase
BASE
| $2.4M | ﹤0.01% |
+98,600
| New | +$1.79M |
|
5396
CALL
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.77B
| $2.4M | ﹤0.01% |
14,900
+3,300
| +28% | +$526K |
|
5397
iShares MSCI Ireland ETF
EIRL
$78.8M
| $2.4M | ﹤0.01% |
35,825
-1,848
| -5% | -$116K |
|
5398
Zimmer Biomet
ZBH
$19.2B
| $2.4M | ﹤0.01% |
26,342
+11,279
| +75% | +$1.09M |
|
5399
John Wiley & Sons Class A
WLY
$2.61B
| $2.4M | ﹤0.01% |
53,739
+4,870
| +10% | +$205K |
|
5400
CALL
Installed Building Products
IBP
$6.39B
| $2.4M | ﹤0.01% |
13,300
+4,400
| +49% | +$732K |
|
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.