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 | |
|---|---|---|---|---|---|---|
5651
CALL
Ingersoll Rand
IR
$31.9B
| $2.14M | ﹤0.01% |
25,700
-103,500
| -80% | -$8.16M |
|
5652
Paymentus
PAY
$5.17B
| $2.14M | ﹤0.01% |
65,266
+34,859
| +115% | +$1.17M |
|
5653
KULR Technology Group
KULR
$118M
| $2.14M | ﹤0.01% |
299,648
+97,924
| +49% | +$929K |
|
5654
Camden Property Trust
CPT
$10.9B
| $2.14M | ﹤0.01% |
18,953
+4,618
| +32% | +$533K |
|
5655
PUT
Paysafe
PSFE
$356M
| $2.13M | ﹤0.01% |
169,100
+149,000
| +741% | +$2.04M |
|
5656
CALL
Addus HomeCare
ADUS
$2.15B
| $2.13M | ﹤0.01% |
18,500
+15,400
| +497% | +$1.66M |
|
5657
CALL
Replimune Group
REPL
$1.32B
| $2.13M | ﹤0.01% |
229,300
+194,600
| +561% | +$1.7M |
|
|
TBCH
5658
CALL
Turtle Beach Corp
TBCH
$225M
| $2.13M | ﹤0.01% |
153,900
+143,200
| +1,338% | +$1.71M |
|
5659
CALL
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.5B
| $2.13M | ﹤0.01% |
49,900
-8,500
| -15% | -$343K |
|
5660
Tarsus Pharmaceuticals
TARS
$3.05B
| $2.12M | ﹤0.01% |
52,334
-8,523
| -14% | -$384K |
|
5661
iShares North American Natural Resources ETF
IGE
$789M
| $2.12M | ﹤0.01% |
47,897
+40,801
| +575% | +$1.75M |
|
5662
CALL
Marqeta
MQ
$1.65B
| $2.12M | ﹤0.01% |
90,850
+31,700
| +54% | +$602K |
|
5663
Enbridge
ENB
$111B
| $2.12M | ﹤0.01% |
46,745
+34,414
| +279% | +$1.56M |
|
5664
CALL
Option Care Health
OPCH
$3.51B
| $2.12M | ﹤0.01% |
65,200
-42,800
| -40% | -$1.38M |
|
5665
Microvision
MVIS
$54.5M
| $2.12M | ﹤0.01% |
123,761
-220
| -0.2% | -$3.81K |
|
5666
CALL
NETGEAR
NTGR
$617M
| $2.12M | ﹤0.01% |
72,800
+51,400
| +240% | +$1.38M |
|
5667
T. Rowe Price International Equity ETF
TOUS
$1.68B
| $2.12M | ﹤0.01% |
+65,369
| New | +$1.99M |
|
5668
Cars.com
CARS
$639M
| $2.11M | ﹤0.01% |
178,379
-111,345
| -38% | -$1.23M |
|
5669
Perella Weinberg Partners
PWP
$1.26B
| $2.11M | ﹤0.01% |
108,824
+18,581
| +21% | +$328K |
|
5670
PUT
Concentrix
CNXC
$1.43B
| $2.11M | ﹤0.01% |
39,900
-10,500
| -21% | -$555K |
|
5671
PUT
Healthcare Realty
HR
$6.57B
| $2.11M | ﹤0.01% |
132,900
+86,100
| +184% | +$1.31M |
|
5672
Kaiser Aluminum
KALU
$2.99B
| $2.11M | ﹤0.01% |
26,349
-2,294
| -8% | -$156K |
|
5673
SGHC Ltd
SGHC
$6.64B
| $2.1M | ﹤0.01% |
191,846
+11,154
| +6% | +$94.5K |
|
5674
iShares Agency Bond ETF
AGZ
$571M
| $2.1M | ﹤0.01% |
19,175
+4,542
| +31% | +$495K |
|
5675
PUT
Reliance Steel & Aluminium
RS
$21.7B
| $2.1M | ﹤0.01% |
6,700
+3,500
| +109% | +$1.03M |
|
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.