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 | |
|---|---|---|---|---|---|---|
|
AQLT
5701
iShares MSCI Global Quality Factor ETF
AQLT
$329M
| $2.07M | ﹤0.01% |
+81,130
| New | +$1.94M |
|
5702
Vipshop
VIPS
$6.7B
| $2.07M | ﹤0.01% |
137,441
-15,496
| -10% | -$219K |
|
|
ACLX
5703
CALL
DELISTED
Arcellx
ACLX
| $2.07M | ﹤0.01% |
31,400
-73,000
| -70% | -$4.54M |
|
5704
Bank of America Series L
BAC.PRL
$4.02B
| $2.07M | ﹤0.01% |
1,704
-216
| -11% | -$255K |
|
5705
iShares Core S&P Mid-Cap ETF
IJH
$128B
| $2.07M | ﹤0.01% |
33,308
+26,798
| +412% | +$1.57M |
|
5706
China Yuchai International
CYD
$1.73B
| $2.07M | ﹤0.01% |
86,385
-53,914
| -38% | -$946K |
|
5707
PUT
Planet Labs
PL
$8.81B
| $2.07M | ﹤0.01% |
338,600
+183,200
| +118% | +$748K |
|
5708
Franklin US Equity Index ETF
USPX
$2.09B
| $2.06M | ﹤0.01% |
37,973
+24,561
| +183% | +$1.23M |
|
5709
iShares US Tech Independence Focused ETF
IETC
$729M
| $2.06M | ﹤0.01% |
21,932
-43,772
| -67% | -$3.63M |
|
5710
PUT
Virtu Financial
VIRT
$5.33B
| $2.06M | ﹤0.01% |
46,000
+18,600
| +68% | +$750K |
|
5711
CALL
Regal Rexnord
RRX
$11.5B
| $2.06M | ﹤0.01% |
14,200
+11,100
| +358% | +$1.39M |
|
5712
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.23B
| $2.06M | ﹤0.01% |
46,894
-213,406
| -82% | -$9.27M |
|
|
TTAN
5713
PUT
ServiceTitan Inc
TTAN
$8.52B
| $2.06M | ﹤0.01% |
19,200
-19,100
| -50% | -$2.13M |
|
5714
Westamerica Bancorp
WABC
$1.38B
| $2.06M | ﹤0.01% |
42,473
+2,607
| +7% | +$125K |
|
5715
Adeia
ADEA
$3.27B
| $2.06M | ﹤0.01% |
145,454
-5,787
| -4% | -$74.8K |
|
|
UMH
5716
UMH Properties
UMH
$1.37B
| $2.06M | ﹤0.01% |
122,475
-995
| -0.8% | -$17K |
|
5717
iShares Core 5-10 Year USD Bond ETF
IMTB
$275M
| $2.06M | ﹤0.01% |
47,117
-11,832
| -20% | -$509K |
|
|
TEN
5718
Tsakos Energy Navigation Ltd
TEN
$1.27B
| $2.05M | ﹤0.01% |
106,993
-230,992
| -68% | -$4.05M |
|
5719
Euronet Worldwide
EEFT
$2.66B
| $2.05M | ﹤0.01% |
20,252
+6,730
| +50% | +$696K |
|
5720
MillerKnoll
MLKN
$1.59B
| $2.05M | ﹤0.01% |
105,665
-27,335
| -21% | -$466K |
|
|
AVDX
5721
DELISTED
AvidXchange
AVDX
| $2.05M | ﹤0.01% |
209,568
-223,805
| -52% | -$2.02M |
|
5722
Columbia Research Enhanced Core ETF
RECS
$6.09B
| $2.05M | ﹤0.01% |
55,754
-58,433
| -51% | -$1.98M |
|
5723
CALL
VanEck Pharmaceutical ETF
PPH
$979M
| $2.05M | ﹤0.01% |
23,300
+10,200
| +78% | +$884K |
|
|
DAY
5724
CALL
DELISTED
Dayforce
DAY
| $2.05M | ﹤0.01% |
37,000
+20,100
| +119% | +$1.15M |
|
5725
PUT
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $2.05M | ﹤0.01% |
7,400
-10,000
| -57% | -$2.58M |
|
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.