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 | |
|---|---|---|---|---|---|---|
5901
UDR
UDR
$12B
| $1.9M | ﹤0.01% |
46,493
+8,353
| +22% | +$346K |
|
5902
CALL
Build-A-Bear
BBW
$476M
| $1.9M | ﹤0.01% |
36,800
+3,200
| +10% | +$135K |
|
|
AVGX
5903
Defiance Daily Target 2X Long AVGO ETF
AVGX
$178M
| $1.9M | ﹤0.01% |
52,940
-68,197
| -56% | -$1.6M |
|
5904
Xeris Biopharma Holdings
XERS
$1.55B
| $1.9M | ﹤0.01% |
406,202
-231,580
| -36% | -$1.06M |
|
5905
PUT
United States Gasoline Fund
UGA
$142M
| $1.9M | ﹤0.01% |
31,500
+25,600
| +434% | +$1.53M |
|
5906
Cambria Shareholder Yield ETF
SYLD
$1.02B
| $1.89M | ﹤0.01% |
29,136
+13,744
| +89% | +$856K |
|
5907
CALL
Perion Network
PERI
$381M
| $1.89M | ﹤0.01% |
186,500
+80,400
| +76% | +$768K |
|
5908
PUT
HUB Group
HUBG
$2.41B
| $1.89M | ﹤0.01% |
+56,600
| New | +$1.9M |
|
|
VOYG
5909
CALL
Voyager Technologies
VOYG
$2.62B
| $1.89M | ﹤0.01% |
+48,200
| New | +$2.3M |
|
|
CUSD
5910
DELISTED
CrossingBridge Ultra-Short Duration ETF
CUSD
| $1.89M | ﹤0.01% |
88,269
+12,425
| +16% | +$262K |
|
5911
PUT
Ondas Inc
ONDS
$5.12B
| $1.89M | ﹤0.01% |
984,800
+789,500
| +404% | +$882K |
|
5912
Innovator US Equity Power Buffer ETF November
PNOV
$895M
| $1.89M | ﹤0.01% |
47,826
-21,889
| -31% | -$826K |
|
5913
Sibanye-Stillwater
SBSW
$7.8B
| $1.89M | ﹤0.01% |
261,773
-1,094,158
| -81% | -$5.98M |
|
5914
CALL
Penske Automotive Group
PAG
$14.4B
| $1.89M | ﹤0.01% |
11,000
-3,600
| -25% | -$577K |
|
5915
CALL
Paymentus
PAY
$5.16B
| $1.89M | ﹤0.01% |
57,700
+40,700
| +239% | +$1.36M |
|
5916
Tootsie Roll Industries
TR
$3.04B
| $1.89M | ﹤0.01% |
58,180
+45,462
| +357% | +$1.46M |
|
5917
PUT
Petco
WOOF
$774M
| $1.89M | ﹤0.01% |
667,500
+72,400
| +12% | +$225K |
|
5918
FlexShares STOXX Global ESG Select Index Fund
ESGG
$115M
| $1.89M | ﹤0.01% |
10,066
+23
| +0.2% | +$4.01K |
|
5919
iShares MSCI Finland ETF
EFNL
$255M
| $1.89M | ﹤0.01% |
+46,144
| New | +$1.8M |
|
5920
PUT
Mohawk Industries
MHK
$9.21B
| $1.89M | ﹤0.01% |
18,000
-34,900
| -66% | -$3.64M |
|
5921
CALL
DXP Enterprises
DXPE
$3.1B
| $1.88M | ﹤0.01% |
21,500
+7,100
| +49% | +$591K |
|
5922
CALL
CMS Energy
CMS
$22.4B
| $1.88M | ﹤0.01% |
27,200
-429,300
| -94% | -$30.6M |
|
5923
Franklin FTSE Canada ETF
FLCA
$867M
| $1.88M | ﹤0.01% |
45,099
+2,234
| +5% | +$87.8K |
|
5924
Franklin US Small Cap Multifactor Index ETF
FLQS
$53.2M
| $1.88M | ﹤0.01% |
45,795
-26,837
| -37% | -$1.06M |
|
5925
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.43B
| $1.88M | ﹤0.01% |
23,646
-25,125
| -52% | -$1.8M |
|
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.