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 | |
|---|---|---|---|---|---|---|
|
CGAU
5751
Centerra Gold
CGAU
$4.3B
| $2.02M | ﹤0.01% |
280,653
+198,959
| +244% | +$1.36M |
|
5752
JPMorgan Limited Duration Bond ETF
JPLD
$3.97B
| $2.02M | ﹤0.01% |
+38,731
| New | +$2.01M |
|
5753
PUT
Huazhu Hotels Group
HTHT
$14.2B
| $2.02M | ﹤0.01% |
59,600
-97,200
| -62% | -$3.41M |
|
5754
PUT
Amplify Cybersecurity ETF
HACK
$2.96B
| $2.02M | ﹤0.01% |
23,400
-8,400
| -26% | -$654K |
|
5755
C.H. Robinson
CHRW
$17.2B
| $2.02M | ﹤0.01% |
21,063
-17,318
| -45% | -$1.62M |
|
5756
CALL
Coca-Cola Consolidated
COKE
$12.3B
| $2.02M | ﹤0.01% |
+18,100
| New | +$2.19M |
|
5757
PUT
UWM Holdings
UWMC
$2.39B
| $2.02M | ﹤0.01% |
487,200
+101,100
| +26% | +$444K |
|
|
RGLO
5758
Russell Investments Global Equity ETF
RGLO
$361M
| $2.02M | ﹤0.01% |
+76,065
| New | +$1.96M |
|
5759
CALL
Veeco
VECO
$3.33B
| $2.02M | ﹤0.01% |
99,200
-177,500
| -64% | -$3.5M |
|
|
HIMX
5760
CALL
Himax Technologies
HIMX
$2.71B
| $2.01M | ﹤0.01% |
225,600
-53,300
| -19% | -$419K |
|
|
LTC
5761
CALL
LTC Properties
LTC
$2.17B
| $2.01M | ﹤0.01% |
58,200
+21,800
| +60% | +$767K |
|
5762
CALL
NatWest
NWG
$76.3B
| $2.01M | ﹤0.01% |
142,300
+64,300
| +82% | +$850K |
|
5763
CALL
Harmony Gold Mining
HMY
$12.6B
| $2.01M | ﹤0.01% |
144,100
+53,300
| +59% | +$806K |
|
5764
CALL
Direxion Daily TSLA Bear 1X ETF
TSLS
$73.8M
| $2.01M | ﹤0.01% |
25,670
+590
| +2% | +$52.5K |
|
5765
PUT
iShares Core S&P Total US Stock Market ETF
ITOT
$98.2B
| $2.01M | ﹤0.01% |
14,900
+10,300
| +224% | +$1.29M |
|
5766
Progyny
PGNY
$1.95B
| $2.01M | ﹤0.01% |
91,404
-100,110
| -52% | -$2.2M |
|
5767
iShares Core 10+ Year USD Bond ETF
ILTB
$589M
| $2.01M | ﹤0.01% |
40,674
+17,202
| +73% | +$833K |
|
5768
Greif
GEF
$4.96B
| $2.01M | ﹤0.01% |
30,915
-355
| -1% | -$20.2K |
|
5769
CALL
Bio-Techne
TECH
$11.3B
| $2.01M | ﹤0.01% |
39,000
+22,200
| +132% | +$1.12M |
|
5770
PUT
MSC Industrial Direct
MSM
$6.95B
| $2.01M | ﹤0.01% |
23,600
-290,200
| -92% | -$22.9M |
|
5771
CALL
Liberty Media Series C
FWONK
$25.5B
| $2.01M | ﹤0.01% |
19,200
-91,500
| -83% | -$8.5M |
|
5772
Five Below
FIVE
$13.3B
| $2.01M | ﹤0.01% |
15,293
-53,037
| -78% | -$5.17M |
|
|
BWIN
5773
CALL
Baldwin Insurance Group
BWIN
$2.94B
| $2M | ﹤0.01% |
+46,800
| New | +$1.9M |
|
|
PPIH
5774
CALL
Perma-Pipe International
PPIH
$217M
| $2M | ﹤0.01% |
87,600
+75,300
| +612% | +$1.09M |
|
5775
First Trust Global Tactical Commodity Strategy Fund
FTGC
$3.13B
| $2M | ﹤0.01% |
+81,198
| New | +$2M |
|
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.