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 | |
|---|---|---|---|---|---|---|
5526
First Hawaiian
FHB
$3.37B
| $2.27M | ﹤0.01% |
90,917
-8,547
| -9% | -$200K |
|
|
KEEL
5527
Keel Infrastructure Corp
KEEL
$2.17B
| $2.27M | ﹤0.01% |
2,700,334
+496,894
| +23% | +$459K |
|
5528
Celldex Therapeutics
CLDX
$3.29B
| $2.27M | ﹤0.01% |
111,399
+17,729
| +19% | +$345K |
|
5529
Agios Pharmaceuticals
AGIO
$2B
| $2.27M | ﹤0.01% |
68,103
-13,859
| -17% | -$420K |
|
5530
Goldman Sachs BDC
GSBD
$1.11B
| $2.26M | ﹤0.01% |
201,312
+59,696
| +42% | +$658K |
|
5531
Virtus Terranova US Quality Momentum ETF
JOET
$253M
| $2.26M | ﹤0.01% |
55,366
+47,216
| +579% | +$1.79M |
|
5532
Diageo
DEO
$53.1B
| $2.26M | ﹤0.01% |
22,453
-63,716
| -74% | -$6.91M |
|
5533
CALL
Mistras Group
MG
$576M
| $2.26M | ﹤0.01% |
282,500
-239,600
| -46% | -$2.02M |
|
5534
PUT
NNN REIT
NNN
$8.83B
| $2.26M | ﹤0.01% |
52,400
-78,100
| -60% | -$3.24M |
|
5535
CALL
ADT
ADT
$5.47B
| $2.26M | ﹤0.01% |
267,100
-203,900
| -43% | -$1.67M |
|
5536
Geron
GERN
$943M
| $2.26M | ﹤0.01% |
1,603,685
-268,815
| -14% | -$381K |
|
5537
Sunstone Hotel Investors
SHO
$2.03B
| $2.26M | ﹤0.01% |
260,415
+7,402
| +3% | +$63.8K |
|
5538
AGF US Market Neutral Anti-Beta Fund
BTAL
$298M
| $2.26M | ﹤0.01% |
127,559
+2,864
| +2% | +$55.8K |
|
|
TSSI
5539
TSS Inc
TSSI
$273M
| $2.26M | ﹤0.01% |
78,293
-313,119
| -80% | -$4.12M |
|
5540
US Treasury 12 Month Bill ETF
OBIL
$307M
| $2.26M | ﹤0.01% |
+44,933
| New | +$2.25M |
|
5541
PUT
Apple Hospitality REIT
APLE
$3.79B
| $2.25M | ﹤0.01% |
193,200
-16,300
| -8% | -$191K |
|
5542
Denali Therapeutics
DNLI
$3.9B
| $2.25M | ﹤0.01% |
161,136
-6,061
| -4% | -$85.3K |
|
5543
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.88B
| $2.25M | ﹤0.01% |
38,988
+15,181
| +64% | +$828K |
|
|
JBGS
5544
PUT
JBG SMITH
JBGS
$672M
| $2.25M | ﹤0.01% |
+130,200
| New | +$2.12M |
|
5545
CALL
NeoGenomics
NEO
$2.05B
| $2.25M | ﹤0.01% |
308,000
+85,300
| +38% | +$688K |
|
5546
iShares Asia 50 ETF
AIA
$5.06B
| $2.25M | ﹤0.01% |
27,756
+19,649
| +242% | +$1.45M |
|
5547
Weis Markets
WMK
$1.76B
| $2.25M | ﹤0.01% |
31,000
-31
| -0.1% | -$2.43K |
|
5548
ClearBridge Dividend Strategy ESG ETF
YLDE
$173M
| $2.25M | ﹤0.01% |
42,689
+3,573
| +9% | +$182K |
|
5549
CALL
Vita Coco
COCO
$3.77B
| $2.25M | ﹤0.01% |
62,200
-1,100
| -2% | -$36.7K |
|
|
FARO
5550
DELISTED
Faro Technologies
FARO
| $2.25M | ﹤0.01% |
51,118
+14,305
| +39% | +$523K |
|
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.