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 | |
|---|---|---|---|---|---|---|
5576
CALL
Columbia Banking Systems
COLB
$9.22B
| $2.22M | ﹤0.01% |
95,000
+29,200
| +44% | +$677K |
|
5577
CALL
Anavex Life Sciences
AVXL
$295M
| $2.22M | ﹤0.01% |
240,800
+52,000
| +28% | +$444K |
|
|
LIAV
5578
DELISTED
LifeX 2061 Inflation-Protected Longevity Income ETF
LIAV
| $2.22M | ﹤0.01% |
+9,245
| New | +$2.19M |
|
5579
Xperi
XPER
$322M
| $2.22M | ﹤0.01% |
280,201
+112,815
| +67% | +$850K |
|
5580
Schwab Fundamental International Small Company Index ETF
FNDC
$3.19B
| $2.22M | ﹤0.01% |
+52,708
| New | +$2.04M |
|
5581
TriCo Bancshares
TCBK
$1.84B
| $2.22M | ﹤0.01% |
54,723
-1,817
| -3% | -$71.4K |
|
5582
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.6B
| $2.22M | ﹤0.01% |
22,119
+6,983
| +46% | +$698K |
|
5583
PUT
Northern Oil and Gas
NOG
$2.65B
| $2.21M | ﹤0.01% |
78,100
-12,600
| -14% | -$339K |
|
5584
CALL
Structure Therapeutics
GPCR
$3.82B
| $2.21M | ﹤0.01% |
106,700
+6,200
| +6% | +$136K |
|
5585
Aehr Test Systems
AEHR
$4.43B
| $2.21M | ﹤0.01% |
170,935
-100,793
| -37% | -$959K |
|
|
VNET
5586
VNET Group
VNET
$2.21B
| $2.21M | ﹤0.01% |
+319,982
| New | +$1.92M |
|
|
AD
5587
Array Digital Infrastructure
AD
$3.1B
| $2.21M | ﹤0.01% |
+34,498
| New | +$2.19M |
|
5588
PUT
Dorian LPG
LPG
$2.09B
| $2.21M | ﹤0.01% |
90,500
+69,500
| +331% | +$1.54M |
|
5589
CALL
Merit Medical Systems
MMSI
$5.38B
| $2.21M | ﹤0.01% |
23,600
+19,800
| +521% | +$1.88M |
|
5590
PUT
Wolfspeed
WOLF
$1.73B
| $2.21M | ﹤0.01% |
5,513,300
+3,296,700
| +149% | +$7.52M |
|
5591
CALL
Douglas Emmett
DEI
$1.94B
| $2.2M | ﹤0.01% |
146,600
-158,400
| -52% | -$2.29M |
|
5592
Fidelity MSCI Utilities Index ETF
FUTY
$2.31B
| $2.2M | ﹤0.01% |
41,908
+26,088
| +165% | +$1.34M |
|
5593
Vicor
VICR
$11.1B
| $2.2M | ﹤0.01% |
48,584
+16,832
| +53% | +$752K |
|
5594
CALL
Atlanta Braves Holdings Series B
BATRK
$3.42B
| $2.2M | ﹤0.01% |
47,100
+26,900
| +133% | +$1.1M |
|
|
GRAL
5595
GRAIL Inc
GRAL
$3.05B
| $2.2M | ﹤0.01% |
42,836
-330,211
| -89% | -$12M |
|
|
5596
PUT
Structure Therapeutics
GPCR
$3.82B
| $2.2M | ﹤0.01% |
106,100
-31,500
| -23% | -$693K |
|
5597
PUT
Option Care Health
OPCH
$3.51B
| $2.2M | ﹤0.01% |
67,700
-39,700
| -37% | -$1.28M |
|
5598
PUT
Equinox Gold
EQX
$13.9B
| $2.2M | ﹤0.01% |
382,300
+95,000
| +33% | +$617K |
|
5599
PUT
RB Global
RBA
$15.5B
| $2.2M | ﹤0.01% |
20,700
+6,500
| +46% | +$666K |
|
5600
CALL
FuelCell Energy
FCEL
$1.77B
| $2.2M | ﹤0.01% |
391,800
-24,900
| -6% | -$121K |
|
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.