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 | |
|---|---|---|---|---|---|---|
5801
Matthews International
MATW
$710M
| $1.98M | ﹤0.01% |
83,004
+44,887
| +118% | +$945K |
|
|
ALMS
5802
PUT
Alumis Inc
ALMS
$3.29B
| $1.98M | ﹤0.01% |
+661,400
| New | +$3.12M |
|
5803
PUT
Wolverine World Wide
WWW
$1.61B
| $1.98M | ﹤0.01% |
109,700
+31,900
| +41% | +$486K |
|
5804
CALL
ICU Medical
ICUI
$4.6B
| $1.98M | ﹤0.01% |
15,000
+9,500
| +173% | +$1.29M |
|
5805
CALL
iShares MBS ETF
MBB
$39B
| $1.98M | ﹤0.01% |
21,100
-19,200
| -48% | -$1.78M |
|
5806
VictoryShares Free Cash Flow ETF
VFLO
$10.1B
| $1.98M | ﹤0.01% |
56,038
+33,275
| +146% | +$1.12M |
|
5807
CALL
Invesco S&P 500 High Beta ETF
SPHB
$964M
| $1.98M | ﹤0.01% |
20,300
+9,200
| +83% | +$778K |
|
5808
PUT
Mercury Insurance
MCY
$5.9B
| $1.98M | ﹤0.01% |
29,400
-49,800
| -63% | -$2.96M |
|
5809
CALL
Ondas Inc
ONDS
$5.15B
| $1.98M | ﹤0.01% |
1,030,800
+747,800
| +264% | +$835K |
|
5810
CALL
West Fraser Timber
WFG
$5.39B
| $1.98M | ﹤0.01% |
27,000
+17,100
| +173% | +$1.27M |
|
5811
PROG Holdings
PRG
$1.69B
| $1.98M | ﹤0.01% |
67,367
+6,592
| +11% | +$183K |
|
5812
Pacer Lunt Large Cap Alternator ETF
ALTL
$91.5M
| $1.98M | ﹤0.01% |
52,476
+17,790
| +51% | +$612K |
|
5813
PUT
Masco
MAS
$14.5B
| $1.98M | ﹤0.01% |
30,700
+26,700
| +668% | +$1.68M |
|
5814
CALL
Advanced Drainage Systems
WMS
$11.1B
| $1.98M | ﹤0.01% |
17,200
-28,100
| -62% | -$3.15M |
|
|
HYAC
5815
DELISTED
Haymaker Acquisition Corp 4
HYAC
| $1.97M | ﹤0.01% |
177,852
+23,063
| +15% | +$255K |
|
5816
Praxis Precision Medicines
PRAX
$10.8B
| $1.97M | ﹤0.01% |
46,927
+12,179
| +35% | +$464K |
|
5817
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.03B
| $1.97M | ﹤0.01% |
61,008
+36,233
| +146% | +$1.14M |
|
|
NUVL
5818
CALL
DELISTED
Nuvalent
NUVL
| $1.97M | ﹤0.01% |
25,800
-40,400
| -61% | -$2.96M |
|
5819
CALL
United States Copper Index Fund
CPER
$749M
| $1.97M | ﹤0.01% |
62,200
-35,400
| -36% | -$1.05M |
|
5820
CALL
Liberty Broadband Class C
LBRDK
$4.93B
| $1.97M | ﹤0.01% |
20,000
+14,000
| +233% | +$1.26M |
|
5821
State Street SPDR S&P Health Care Equipment ETF
XHE
$174M
| $1.97M | ﹤0.01% |
24,202
+2,062
| +9% | +$165K |
|
5822
PUT
Green Plains
GPRE
$1.11B
| $1.96M | ﹤0.01% |
325,700
+89,200
| +38% | +$393K |
|
|
GOOS
5823
Canada Goose Holdings
GOOS
$833M
| $1.96M | ﹤0.01% |
175,227
+22,206
| +15% | +$215K |
|
5824
First Trust Cloud Computing ETF
SKYY
$3.31B
| $1.96M | ﹤0.01% |
16,119
-12,897
| -44% | -$1.41M |
|
5825
PUT
Minerals Technologies
MTX
$2.25B
| $1.96M | ﹤0.01% |
+35,600
| New | +$2.01M |
|
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.