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 | |
|---|---|---|---|---|---|---|
5676
AMC Entertainment Holdings
AMC
$2.18B
| $2.1M | ﹤0.01% |
678,189
-47,690
| -7% | -$142K |
|
|
HDSN
5677
Hudson Technologies
HDSN
$234M
| $2.1M | ﹤0.01% |
258,849
+191,239
| +283% | +$1.31M |
|
5678
PUT
East-West Bancorp
EWBC
$18.7B
| $2.1M | ﹤0.01% |
20,800
+500
| +2% | +$44.3K |
|
5679
Ginkgo Bioworks
DNA
$465M
| $2.1M | ﹤0.01% |
186,677
+66,100
| +55% | +$512K |
|
|
TEAD
5680
Teads Holding Co
TEAD
$62.7M
| $2.1M | ﹤0.01% |
846,646
-6,684
| -0.8% | -$20.2K |
|
5681
State Street SPDR NYSE Technology ETF
XNTK
$2.29B
| $2.1M | ﹤0.01% |
8,837
-8,266
| -48% | -$1.71M |
|
5682
Harley-Davidson
HOG
$2.82B
| $2.1M | ﹤0.01% |
88,844
-125,608
| -59% | -$2.98M |
|
|
THRO
5683
iShares U.S. Thematic Rotation Active ETF
THRO
$6.8B
| $2.1M | ﹤0.01% |
58,903
+43,756
| +289% | +$1.44M |
|
5684
PUT
Xerox
XRX
$389M
| $2.09M | ﹤0.01% |
397,400
-175,300
| -31% | -$855K |
|
5685
Bitwise Crypto Industry Innovators ETF
BITQ
$387M
| $2.09M | ﹤0.01% |
+106,200
| New | +$1.66M |
|
|
JMIA
5686
PUT
Jumia Technologies
JMIA
$788M
| $2.09M | ﹤0.01% |
520,900
+92,200
| +22% | +$260K |
|
5687
PUT
Merit Medical Systems
MMSI
$5.36B
| $2.09M | ﹤0.01% |
+22,400
| New | +$2.12M |
|
5688
Utz Brands
UTZ
$1.26B
| $2.09M | ﹤0.01% |
166,788
-29,255
| -15% | -$383K |
|
5689
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$589M
| $2.09M | ﹤0.01% |
+51,005
| New | +$2.02M |
|
|
ETHE
5690
PUT
Grayscale Ethereum Staking ETF Shares
ETHE
$1.46B
| $2.09M | ﹤0.01% |
+100,100
| New | +$1.83M |
|
5691
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$579M
| $2.09M | ﹤0.01% |
23,741
-3,617
| -13% | -$293K |
|
|
RNAM
5692
CALL
DELISTED
Avidity Biosciences
RNAM
| $2.09M | ﹤0.01% |
73,500
-59,400
| -45% | -$1.77M |
|
5693
PUT
Crown Holdings
CCK
$12.7B
| $2.08M | ﹤0.01% |
20,200
+14,000
| +226% | +$1.33M |
|
5694
CALL
Kemper
KMPR
$1.53B
| $2.08M | ﹤0.01% |
32,200
+600
| +2% | +$37.1K |
|
5695
Preferred Bank
PFBC
$1.28B
| $2.08M | ﹤0.01% |
24,009
+421
| +2% | +$34.7K |
|
5696
Editas Medicine
EDIT
$438M
| $2.08M | ﹤0.01% |
943,890
+358,855
| +61% | +$587K |
|
5697
CALL
Innoviz Technologies
INVZ
$103M
| $2.07M | ﹤0.01% |
1,265,100
+325,700
| +35% | +$284K |
|
5698
World Kinect Corp
WKC
$1.82B
| $2.07M | ﹤0.01% |
73,162
-1,650
| -2% | -$43.8K |
|
|
GOLD
5699
Gold.com Inc
GOLD
$1.29B
| $2.07M | ﹤0.01% |
93,356
+38,010
| +69% | +$843K |
|
5700
Tronox
TROX
$921M
| $2.07M | ﹤0.01% |
408,121
+168,784
| +71% | +$919K |
|
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.