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 | |
|---|---|---|---|---|---|---|
|
DX
5551
Dynex Capital
DX
$3.24B
| $2.25M | ﹤0.01% |
183,723
+10,280
| +6% | +$125K |
|
|
METU
5552
PUT
Direxion Daily META Bull 2X ETF
METU
$436M
| $2.24M | ﹤0.01% |
+49,400
| New | +$1.64M |
|
5553
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$12.1B
| $2.24M | ﹤0.01% |
16,694
-72,734
| -81% | -$8.97M |
|
5554
Brookdale Senior Living
BKD
$2.96B
| $2.24M | ﹤0.01% |
322,189
-23,452
| -7% | -$153K |
|
5555
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
XONE
$847M
| $2.24M | ﹤0.01% |
45,109
+28,402
| +170% | +$1.41M |
|
5556
PUT
Atour Lifestyle Holdings
ATAT
$4.78B
| $2.24M | ﹤0.01% |
68,800
-111,500
| -62% | -$3.17M |
|
5557
UFP Technologies
UFPT
$2.46B
| $2.24M | ﹤0.01% |
9,159
-4,950
| -35% | -$1.11M |
|
5558
Goldman Sachs MarketBeta US Equity ETF
GSUS
$3.32B
| $2.24M | ﹤0.01% |
26,127
-8,169
| -24% | -$644K |
|
|
AISP
5559
CALL
Airship AI Holdings
AISP
$66.8M
| $2.23M | ﹤0.01% |
379,400
-19,100
| -5% | -$85.1K |
|
5560
PUT
Mueller Industries
MLI
$14.6B
| $2.23M | ﹤0.01% |
56,200
-20,800
| -27% | -$785K |
|
|
STKL
5561
DELISTED
SunOpta
STKL
| $2.23M | ﹤0.01% |
384,959
+22,911
| +6% | +$120K |
|
|
BELFB
5562
Bel Fuse Inc Class B
BELFB
$4.22B
| $2.23M | ﹤0.01% |
22,827
+7,054
| +45% | +$532K |
|
5563
CALL
Rentokil
RTO
$12B
| $2.23M | ﹤0.01% |
92,900
+61,100
| +192% | +$1.42M |
|
5564
Kulicke & Soffa
KLIC
$5.24B
| $2.23M | ﹤0.01% |
64,435
-13,359
| -17% | -$434K |
|
|
OSG
5565
PUT
Octave Specialty Group
OSG
$218M
| $2.23M | ﹤0.01% |
314,000
+118,100
| +60% | +$880K |
|
5566
Direxion Daily FTSE China Bear 3X ETF
YANG
$98M
| $2.23M | ﹤0.01% |
72,761
-531,750
| -88% | -$20.4M |
|
5567
iShares MSCI KLD 400 Social ETF
DSI
$5.57B
| $2.23M | ﹤0.01% |
19,176
-30,821
| -62% | -$3.28M |
|
5568
The Greenbrier Companies
GBX
$1.4B
| $2.23M | ﹤0.01% |
48,369
-6,915
| -13% | -$310K |
|
5569
Hope Bancorp
HOPE
$1.84B
| $2.23M | ﹤0.01% |
207,538
+15,869
| +8% | +$160K |
|
5570
CALL
Liberty Energy
LBRT
$3.59B
| $2.23M | ﹤0.01% |
193,900
+11,700
| +6% | +$142K |
|
5571
CALL
CarGurus
CARG
$3.33B
| $2.23M | ﹤0.01% |
66,500
+35,200
| +112% | +$1.06M |
|
5572
iShares MSCI Germany ETF
EWG
$1.72B
| $2.23M | ﹤0.01% |
52,602
-148,688
| -74% | -$5.94M |
|
5573
PUT
Teleflex
TFX
$5.74B
| $2.23M | ﹤0.01% |
18,800
+600
| +3% | +$75.7K |
|
5574
ProShares Short 20+ Year Treasury ETF
TBF
$107M
| $2.22M | ﹤0.01% |
92,015
+75,854
| +469% | +$1.86M |
|
|
5575
PUT
UFP Technologies
UFPT
$2.46B
| $2.22M | ﹤0.01% |
9,100
-11,700
| -56% | -$2.63M |
|
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.