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 | |
|---|---|---|---|---|---|---|
5626
Vanguard Energy ETF
VDE
$10.6B
| $2.17M | ﹤0.01% |
18,178
+6,206
| +52% | +$722K |
|
5627
indie Semiconductor
INDI
$1.07B
| $2.17M | ﹤0.01% |
608,231
+402,157
| +195% | +$1.01M |
|
5628
Supernus Pharmaceuticals
SUPN
$2.82B
| $2.16M | ﹤0.01% |
68,675
-11,578
| -14% | -$371K |
|
5629
Invesco DB Precious Metals Fund
DBP
$265M
| $2.16M | ﹤0.01% |
28,787
-6,339
| -18% | -$468K |
|
|
HOOX
5630
Defiance Daily Target 2X Long HOOD ETF
HOOX
$13M
| $2.16M | ﹤0.01% |
+32,859
| New | +$968K |
|
5631
Goldman Sachs MarketBeta International Equity ETF
GSID
$1.13B
| $2.16M | ﹤0.01% |
33,766
+20,171
| +148% | +$1.23M |
|
|
ONIT
5632
Onity Group
ONIT
$323M
| $2.16M | ﹤0.01% |
56,550
-9,925
| -15% | -$351K |
|
5633
PUT
American Financial Group
AFG
$12.2B
| $2.16M | ﹤0.01% |
17,100
+13,000
| +317% | +$1.63M |
|
5634
S&T Bancorp
STBA
$1.8B
| $2.16M | ﹤0.01% |
57,056
-2,340
| -4% | -$85.5K |
|
5635
PUT
AnaptysBio
ANAB
$1.73B
| $2.16M | ﹤0.01% |
97,100
-40,000
| -29% | -$837K |
|
5636
CALL
Intellia Therapeutics
NTLA
$1.69B
| $2.16M | ﹤0.01% |
229,800
+140,000
| +156% | +$1.15M |
|
5637
Tennant Co
TNC
$1.13B
| $2.15M | ﹤0.01% |
27,789
-4,309
| -13% | -$318K |
|
5638
Ingles Markets
IMKTA
$1.66B
| $2.15M | ﹤0.01% |
33,966
-5,335
| -14% | -$332K |
|
|
FETH
5639
Fidelity Ethereum Fund
FETH
$1.03B
| $2.15M | ﹤0.01% |
85,426
+36,851
| +76% | +$809K |
|
|
KMLI
5640
KraneShares 2x Long MELI Daily ETF
KMLI
$8.98M
| $2.15M | ﹤0.01% |
+72,352
| New | +$1.93M |
|
5641
First Trust Indxx Innovative Transaction & Process ETF
LEGR
$131M
| $2.15M | ﹤0.01% |
39,932
-1,995
| -5% | -$100K |
|
5642
Lindsay Corp
LNN
$1.17B
| $2.15M | ﹤0.01% |
14,894
+325
| +2% | +$43.4K |
|
|
BBT
5643
Beacon Financial Corp
BBT
$2.7B
| $2.15M | ﹤0.01% |
85,772
+6,728
| +9% | +$167K |
|
5644
CALL
BrightSpring Health Services
BTSG
$12.1B
| $2.15M | ﹤0.01% |
91,000
+63,000
| +225% | +$1.31M |
|
5645
Materion
MTRN
$6.04B
| $2.15M | ﹤0.01% |
27,038
+1,499
| +6% | +$118K |
|
5646
PUT
Ezcorp Inc
EZPW
$1.79B
| $2.15M | ﹤0.01% |
154,600
-6,900
| -4% | -$99.7K |
|
5647
CALL
Jack in the Box
JACK
$324M
| $2.15M | ﹤0.01% |
122,900
-7,500
| -6% | -$169K |
|
5648
PUT
Goldman Sachs BDC
GSBD
$1.1B
| $2.14M | ﹤0.01% |
190,500
-4,900
| -3% | -$54K |
|
5649
Cerence
CRNC
$379M
| $2.14M | ﹤0.01% |
209,798
+89,918
| +75% | +$791K |
|
5650
CALL
Arrow Electronics
ARW
$11B
| $2.14M | ﹤0.01% |
16,800
+3,200
| +24% | +$367K |
|
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.