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 | |
|---|---|---|---|---|---|---|
5876
CALL
DoubleVerify
DV
$2.04B
| $1.91M | ﹤0.01% |
127,900
-71,300
| -36% | -$977K |
|
5877
Merchants Bancorp
MBIN
$2.51B
| $1.91M | ﹤0.01% |
57,878
+7,818
| +16% | +$253K |
|
5878
PUT
T-REX 2X Long Tesla Daily Target ETF
TSLT
$151M
| $1.91M | ﹤0.01% |
118,700
+33,400
| +39% | +$528K |
|
5879
CALL
STAG Industrial
STAG
$7.06B
| $1.91M | ﹤0.01% |
52,700
+15,000
| +40% | +$519K |
|
5880
WisdomTree US Multifactor Fund
USMF
$294M
| $1.91M | ﹤0.01% |
37,301
+18,347
| +97% | +$907K |
|
|
VERV
5881
CALL
DELISTED
Verve Therapeutics
VERV
| $1.91M | ﹤0.01% |
170,200
+97,600
| +134% | +$556K |
|
5882
Ingevity
NGVT
$2.61B
| $1.91M | ﹤0.01% |
44,331
-17,220
| -28% | -$664K |
|
|
CPNJ
5883
Calamos Nasdaq-100 Structured Alt Protection ETF - June
CPNJ
$41.5M
| $1.91M | ﹤0.01% |
73,008
+17,187
| +31% | +$434K |
|
5884
First Trust Small Cap Value AlphaDEX Fund
FYT
$200M
| $1.91M | ﹤0.01% |
37,871
+2,610
| +7% | +$125K |
|
5885
ProShares Pet Care ETF
PAWZ
$33.5M
| $1.91M | ﹤0.01% |
32,970
-4,899
| -13% | -$272K |
|
5886
PUT
Affiliated Managers Group
AMG
$9.82B
| $1.91M | ﹤0.01% |
9,700
+8,300
| +593% | +$1.44M |
|
5887
CALL
Westamerica Bancorp
WABC
$1.38B
| $1.91M | ﹤0.01% |
+39,400
| New | +$1.89M |
|
5888
CALL
PagerDuty
PD
$905M
| $1.91M | ﹤0.01% |
124,900
-143,200
| -53% | -$2.22M |
|
5889
Iridium Communications
IRDM
$5.32B
| $1.91M | ﹤0.01% |
63,244
+37,785
| +148% | +$983K |
|
5890
Green Dot
GDOT
$766M
| $1.91M | ﹤0.01% |
176,952
+49,903
| +39% | +$451K |
|
5891
First Trust Horizon Managed Volatility Domestic ETF
HUSV
$84.4M
| $1.91M | ﹤0.01% |
47,753
+26,746
| +127% | +$1.05M |
|
5892
PUT
Vanguard Energy ETF
VDE
$10.7B
| $1.91M | ﹤0.01% |
16,000
+5,700
| +55% | +$663K |
|
5893
TransAlta
TAC
$4.03B
| $1.91M | ﹤0.01% |
176,575
+86,101
| +95% | +$820K |
|
5894
PUT
Lightbridge
LTBR
$305M
| $1.91M | ﹤0.01% |
142,500
-27,100
| -16% | -$299K |
|
5895
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.44B
| $1.91M | ﹤0.01% |
19,378
-1,699
| -8% | -$154K |
|
|
BSCY
5896
Invesco BulletShares 2034 Corporate Bond ETF
BSCY
$557M
| $1.9M | ﹤0.01% |
91,726
-74,971
| -45% | -$1.53M |
|
5897
MaxLinear
MXL
$7.79B
| $1.9M | ﹤0.01% |
133,825
-158,866
| -54% | -$1.83M |
|
5898
iShares Core US REIT ETF
USRT
$4.63B
| $1.9M | ﹤0.01% |
33,607
+3,032
| +10% | +$170K |
|
5899
CALL
YieldMax NVDA Option Income Strategy ETF
NVDY
$1.46B
| $1.9M | ﹤0.01% |
113,300
+50,100
| +79% | +$776K |
|
5900
Avantis Responsible US Equity ETF
AVSU
$490M
| $1.9M | ﹤0.01% |
+27,686
| New | +$1.76M |
|
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.