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 | |
|---|---|---|---|---|---|---|
526
PUT
VanEck Oil Services ETF
OIH
$1.96B
| $163M | 0.02% |
709,200
-48,200
| -6% | -$10.8M |
|
527
PepsiCo
PEP
$191B
| $163M | 0.02% |
1,233,414
+1,033,396
| +517% | +$139M |
|
528
CALL
Cadence Design Systems
CDNS
$89.8B
| $163M | 0.02% |
527,800
-35,400
| -6% | -$10.3M |
|
529
CALL
Comcast
CMCSA
$92B
| $162M | 0.02% |
4,531,300
-1,162,800
| -20% | -$40.2M |
|
530
CALL
Workday
WDAY
$43.3B
| $161M | 0.02% |
670,200
+116,500
| +21% | +$28.4M |
|
531
PUT
Wynn Resorts
WYNN
$10.5B
| $161M | 0.02% |
1,715,700
+224,300
| +15% | +$19M |
|
532
CALL
Nice
NICE
$5.78B
| $160M | 0.02% |
950,200
-97,700
| -9% | -$15.7M |
|
533
CALL
Northrop Grumman
NOC
$81.3B
| $160M | 0.02% |
320,500
-53,700
| -14% | -$26.4M |
|
534
McDonald's
MCD
$193B
| $160M | 0.02% |
546,028
+329,867
| +153% | +$102M |
|
535
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $159M | 0.02% |
3,757,268
-1,154,600
| -24% | -$48.1M |
|
536
CALL
Take-Two Interactive
TTWO
$45.1B
| $159M | 0.02% |
655,800
-46,900
| -7% | -$10.6M |
|
537
CALL
Ford
F
$55.3B
| $159M | 0.02% |
14,638,400
-1,154,200
| -7% | -$11.8M |
|
538
CALL
CAVA Group
CAVA
$8.25B
| $158M | 0.02% |
1,881,200
+660,900
| +54% | +$56.4M |
|
539
CALL
Nutanix
NTNX
$17.6B
| $158M | 0.02% |
2,071,400
+213,200
| +11% | +$15.3M |
|
540
PUT
Nucor
NUE
$61.8B
| $158M | 0.02% |
1,218,600
+201,500
| +20% | +$23.5M |
|
541
PUT
Synopsys
SNPS
$79.5B
| $158M | 0.02% |
307,500
+73,800
| +32% | +$34.4M |
|
542
CALL
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.36B
| $157M | 0.02% |
906,700
+511,600
| +129% | +$72.1M |
|
|
543
PUT
Northrop Grumman
NOC
$81.3B
| $157M | 0.02% |
314,500
-67,900
| -18% | -$33.4M |
|
544
PUT
Futu Holdings
FUTU
$14.5B
| $157M | 0.02% |
1,266,600
-107,700
| -8% | -$11M |
|
545
PUT
HCA Healthcare
HCA
$88B
| $156M | 0.02% |
408,300
-2,900
| -0.7% | -$1.04M |
|
|
FINV
546
FinVolution Group
FINV
$1.06B
| $156M | 0.02% |
16,494,630
-532
| -0% | -$4.55K |
|
547
PUT
Marathon Digital Holdings
MARA
$3.58B
| $156M | 0.02% |
9,955,300
+4,325,700
| +77% | +$61.9M |
|
548
CALL
Kroger
KR
$34.8B
| $156M | 0.02% |
2,175,200
-4,200
| -0.2% | -$290K |
|
549
CALL
SiriusXM
SIRI
$9.54B
| $153M | 0.02% |
6,657,400
+1,218,300
| +22% | +$26.2M |
|
550
Newmont
NEM
$120B
| $153M | 0.02% |
2,623,374
-159,746
| -6% | -$8.53M |
|
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.