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 | |
|---|---|---|---|---|---|---|
5476
CALL
iShares Micro-Cap ETF
IWC
$1.52B
| $2.32M | ﹤0.01% |
18,200
+14,100
| +344% | +$1.63M |
|
5477
Kennametal
KMT
$2.38B
| $2.32M | ﹤0.01% |
101,145
-19,318
| -16% | -$402K |
|
5478
Scansource
SCSC
$1.08B
| $2.32M | ﹤0.01% |
55,536
-14,140
| -20% | -$528K |
|
5479
PUT
Sundial Growers
SNDL
$313M
| $2.32M | ﹤0.01% |
1,915,800
-177,800
| -8% | -$237K |
|
5480
PUT
US Foods
USFD
$23.6B
| $2.32M | ﹤0.01% |
30,100
+20,800
| +224% | +$1.48M |
|
5481
PUT
ImmunityBio
IBRX
$8.02B
| $2.32M | ﹤0.01% |
877,900
+90,800
| +12% | +$244K |
|
5482
iShares Morningstar Small-Cap ETF
ISCB
$295M
| $2.32M | ﹤0.01% |
39,763
+34,449
| +648% | +$1.88M |
|
5483
PUT
iShares Russell 3000 ETF
IWV
$20.5B
| $2.32M | ﹤0.01% |
6,600
+300
| +5% | +$97.4K |
|
5484
St. Joe Company
JOE
$3.89B
| $2.32M | ﹤0.01% |
48,563
+1,021
| +2% | +$45.7K |
|
5485
Root
ROOT
$797M
| $2.32M | ﹤0.01% |
18,101
-10,227
| -36% | -$1.39M |
|
5486
PUT
Citizens
CIA
$201M
| $2.32M | ﹤0.01% |
663,700
+556,200
| +517% | +$2.17M |
|
5487
Schwab 1000 Index ETF
SCHK
$5.98B
| $2.32M | ﹤0.01% |
77,671
+41,369
| +114% | +$1.14M |
|
5488
J&J Snack Foods
JJSF
$1.67B
| $2.31M | ﹤0.01% |
20,412
-628
| -3% | -$76.3K |
|
5489
CALL
Helen of Troy
HELE
$704M
| $2.31M | ﹤0.01% |
81,500
-17,300
| -18% | -$531K |
|
5490
TriMas Corp
TRS
$1.4B
| $2.31M | ﹤0.01% |
80,841
+27,607
| +52% | +$677K |
|
5491
CALL
Universal Corp
UVV
$1.11B
| $2.31M | ﹤0.01% |
39,700
+9,600
| +32% | +$553K |
|
5492
PUT
LifeMD
LFMD
$166M
| $2.31M | ﹤0.01% |
169,700
+81,800
| +93% | +$772K |
|
5493
PUT
Atlas Energy Solutions
AESI
$1.56B
| $2.31M | ﹤0.01% |
172,800
+145,800
| +540% | +$1.99M |
|
5494
CALL
Red Rock Resorts
RRR
$3.76B
| $2.31M | ﹤0.01% |
44,400
+24,100
| +119% | +$1.1M |
|
5495
Sonic Automotive
SAH
$2.56B
| $2.31M | ﹤0.01% |
28,884
+1,864
| +7% | +$125K |
|
5496
Invitation Homes
INVH
$18B
| $2.31M | ﹤0.01% |
70,323
+26,690
| +61% | +$896K |
|
5497
Vishay Precision Group
VPG
$969M
| $2.31M | ﹤0.01% |
82,083
+51,841
| +171% | +$1.28M |
|
5498
Dillards
DDS
$8.76B
| $2.3M | ﹤0.01% |
5,516
-11,362
| -67% | -$4.24M |
|
5499
CALL
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$96.4M
| $2.3M | ﹤0.01% |
155,700
-657,700
| -81% | -$9.09M |
|
5500
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14.1B
| $2.3M | ﹤0.01% |
30,745
-45,201
| -60% | -$3.14M |
|
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.