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 | |
|---|---|---|---|---|---|---|
5926
Cracker Barrel
CBRL
$1.32B
| $1.88M | ﹤0.01% |
30,758
-13,445
| -30% | -$678K |
|
5927
Idacorp
IDA
$8.18B
| $1.88M | ﹤0.01% |
16,261
-7,441
| -31% | -$862K |
|
5928
PUT
Portland General Electric
POR
$5.98B
| $1.88M | ﹤0.01% |
46,200
+30,000
| +185% | +$1.26M |
|
5929
Vanguard Consumer Staples ETF
VDC
$7.93B
| $1.88M | ﹤0.01% |
8,567
-11,725
| -58% | -$2.57M |
|
5930
ActivePassive US Equity ETF
APUE
$2.51B
| $1.87M | ﹤0.01% |
49,806
+30,444
| +157% | +$1.06M |
|
5931
Innovator US Equity Power Buffer ETF May
PMAY
$816M
| $1.87M | ﹤0.01% |
49,548
+6,519
| +15% | +$236K |
|
5932
CALL
Stock Yards Bancorp
SYBT
$2.62B
| $1.87M | ﹤0.01% |
23,700
+9,900
| +72% | +$723K |
|
5933
PUT
Fortuna Silver Mines
FSM
$3.19B
| $1.87M | ﹤0.01% |
286,200
-48,400
| -14% | -$300K |
|
|
ETH
5934
PUT
Grayscale Ethereum Staking Mini ETF Shares
ETH
$1.6B
| $1.87M | ﹤0.01% |
+78,900
| New | +$1.63M |
|
5935
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.5B
| $1.87M | ﹤0.01% |
+82,217
| New | +$1.83M |
|
|
AMWD
5936
DELISTED
American Woodmark
AMWD
| $1.87M | ﹤0.01% |
35,061
+15,304
| +77% | +$865K |
|
5937
PUT
Lufax Holding
LU
$1.27B
| $1.87M | ﹤0.01% |
670,300
+62,600
| +10% | +$177K |
|
5938
F&G Annuities & Life
FG
$3.47B
| $1.87M | ﹤0.01% |
58,470
+28,676
| +96% | +$952K |
|
|
DNB
5939
CALL
DELISTED
Dun & Bradstreet
DNB
| $1.87M | ﹤0.01% |
205,500
+119,600
| +139% | +$1.07M |
|
5940
PUT
Customers Bancorp
CUBI
$2.78B
| $1.87M | ﹤0.01% |
31,800
-8,900
| -22% | -$451K |
|
5941
CALL
Regency Centers
REG
$14B
| $1.87M | ﹤0.01% |
26,200
-900
| -3% | -$64.3K |
|
5942
RingCentral
RNG
$5.35B
| $1.86M | ﹤0.01% |
65,771
+25,194
| +62% | +$650K |
|
5943
Gray Television
GTN
$514M
| $1.86M | ﹤0.01% |
411,384
+71,710
| +21% | +$278K |
|
5944
Ducommun
DCO
$3.1B
| $1.86M | ﹤0.01% |
22,550
+4,012
| +22% | +$267K |
|
5945
CALL
Nano X Imaging
NNOX
$68.7M
| $1.86M | ﹤0.01% |
360,400
-153,500
| -30% | -$782K |
|
5946
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF
ASHS
$35.5M
| $1.86M | ﹤0.01% |
62,837
+20,424
| +48% | +$574K |
|
5947
CALL
OneSpan
OSPN
$587M
| $1.86M | ﹤0.01% |
111,600
+75,000
| +205% | +$1.16M |
|
5948
iShares Core S&P US Growth ETF
IUSG
$33.8B
| $1.86M | ﹤0.01% |
12,361
+3,795
| +44% | +$514K |
|
5949
PUT
TD Synnex
SNX
$21.1B
| $1.86M | ﹤0.01% |
13,700
+100
| +0.7% | +$11.7K |
|
5950
CALL
Clearfield
CLFD
$400M
| $1.86M | ﹤0.01% |
42,800
+32,800
| +328% | +$1.12M |
|
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.