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 | |
|---|---|---|---|---|---|---|
5826
CALL
ProShares Ultra Financials
UYG
$842M
| $1.96M | ﹤0.01% |
20,500
+100
| +0.5% | +$8.59K |
|
|
SGI
5827
Somnigroup International
SGI
$13.7B
| $1.96M | ﹤0.01% |
28,784
+8,214
| +40% | +$517K |
|
5828
Pacer Trendpilot US Large Cap ETF
PTLC
$3.38B
| $1.96M | ﹤0.01% |
38,586
+18,676
| +94% | +$914K |
|
5829
CALL
Azenta
AZTA
$1.46B
| $1.96M | ﹤0.01% |
63,600
+16,300
| +34% | +$459K |
|
5830
PUT
Funko
FNKO
$345M
| $1.96M | ﹤0.01% |
411,200
+306,300
| +292% | +$1.4M |
|
5831
Buckle
BKE
$2.23B
| $1.96M | ﹤0.01% |
43,153
-23,275
| -35% | -$920K |
|
5832
Calumet Specialty Products
CLMT
$4.22B
| $1.96M | ﹤0.01% |
124,195
-1,699,777
| -93% | -$21.6M |
|
5833
CALL
YieldMax MSTR Option Income Strategy ETF
MSTY
$750M
| $1.96M | ﹤0.01% |
17,640
-3,360
| -16% | -$369K |
|
5834
PUT
Hallador Energy
HNRG
$754M
| $1.96M | ﹤0.01% |
123,500
+75,200
| +156% | +$1.16M |
|
|
CGCV
5835
Capital Group Conservative Equity ETF
CGCV
$2.02B
| $1.95M | ﹤0.01% |
+68,350
| New | +$1.85M |
|
5836
Weatherford International
WFRD
$6.69B
| $1.95M | ﹤0.01% |
38,829
-1,740
| -4% | -$80.8K |
|
5837
CALL
AdaptHealth
AHCO
$772M
| $1.95M | ﹤0.01% |
207,100
+123,300
| +147% | +$1.09M |
|
5838
CALL
Knife River
KNF
$3.73B
| $1.95M | ﹤0.01% |
23,900
+12,400
| +108% | +$1.13M |
|
5839
CRA International
CRAI
$1.04B
| $1.95M | ﹤0.01% |
10,413
-1,067
| -9% | -$191K |
|
5840
iShares International Select Dividend ETF
IDV
$8.59B
| $1.95M | ﹤0.01% |
56,514
+49,024
| +655% | +$1.6M |
|
|
HI
5841
DELISTED
Hillenbrand
HI
| $1.95M | ﹤0.01% |
97,059
+6,753
| +7% | +$140K |
|
|
RNAM
5842
PUT
DELISTED
Avidity Biosciences
RNAM
| $1.95M | ﹤0.01% |
68,500
-42,500
| -38% | -$1.27M |
|
5843
PUT
ProShares UltraShort QQQ
QID
$246M
| $1.94M | ﹤0.01% |
76,800
+25,000
| +48% | +$804K |
|
5844
Diamondrock Hospitality Co
DRH
$2.51B
| $1.94M | ﹤0.01% |
253,856
+3,191
| +1% | +$23.8K |
|
5845
Vanguard Total Corporate Bond ETF
VTC
$1.7B
| $1.94M | ﹤0.01% |
25,129
+14,000
| +126% | +$1.06M |
|
5846
BlackRock Intermediate Muni Income Bond ETF
INMU
$553M
| $1.94M | ﹤0.01% |
+82,835
| New | +$1.93M |
|
5847
Neogen
NEOG
$2.55B
| $1.94M | ﹤0.01% |
405,805
+112,167
| +38% | +$644K |
|
|
SGI
5848
PUT
Somnigroup International
SGI
$13.7B
| $1.94M | ﹤0.01% |
28,500
-25,900
| -48% | -$1.63M |
|
5849
PUT
Tenaris
TS
$26.9B
| $1.94M | ﹤0.01% |
51,800
+23,800
| +85% | +$816K |
|
|
JBGS
5850
JBG SMITH
JBGS
$668M
| $1.94M | ﹤0.01% |
111,903
-5,954
| -5% | -$96.9K |
|
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.