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 | |
|---|---|---|---|---|---|---|
5951
MasterBrand
MBC
$1.83B
| $1.86M | ﹤0.01% |
169,935
-25,215
| -13% | -$279K |
|
5952
MPLX
MPLX
$59.9B
| $1.86M | ﹤0.01% |
36,050
-6,625
| -16% | -$337K |
|
5953
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.24B
| $1.86M | ﹤0.01% |
82,932
-212,213
| -72% | -$4.77M |
|
5954
CALL
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.69B
| $1.86M | ﹤0.01% |
8,800
+800
| +10% | +$145K |
|
5955
AllianzIM U.S. Equity Buffer20 Jul ETF
JULW
$252M
| $1.86M | ﹤0.01% |
49,930
+8,587
| +21% | +$301K |
|
5956
ProShares UltraPro Short Dow 30
SDOW
$176M
| $1.85M | ﹤0.01% |
44,710
-21,281
| -32% | -$1.08M |
|
5957
CALL
YieldMax COIN Option Income Strategy ETF
CONY
$331M
| $1.85M | ﹤0.01% |
20,290
+14,580
| +255% | +$1.17M |
|
5958
PUT
Bentley Systems
BSY
$10.5B
| $1.85M | ﹤0.01% |
+34,300
| New | +$1.59M |
|
5959
Jacobs Solutions
J
$16.8B
| $1.85M | ﹤0.01% |
14,080
+465
| +3% | +$57.3K |
|
5960
State Street SPDR S&P Capital Markets ETF
KCE
$475M
| $1.85M | ﹤0.01% |
12,765
+2,053
| +19% | +$267K |
|
5961
CALL
Sinclair Inc
SBGI
$1.03B
| $1.84M | ﹤0.01% |
133,500
+66,500
| +99% | +$946K |
|
5962
iShares US Financial Services ETF
IYG
$2.22B
| $1.84M | ﹤0.01% |
21,552
-11,046
| -34% | -$876K |
|
5963
Invesco Global Clean Energy ETF
PBD
$194M
| $1.84M | ﹤0.01% |
146,397
+55,780
| +62% | +$635K |
|
|
RZLV
5964
Rezolve AI
RZLV
$1.04B
| $1.84M | ﹤0.01% |
+599,797
| New | +$1.18M |
|
|
CVGW
5965
DELISTED
Calavo Growers
CVGW
| $1.84M | ﹤0.01% |
69,353
+39,806
| +135% | +$1.04M |
|
5966
Amplify BlueStar Israel Technology ETF
ITEQ
$117M
| $1.84M | ﹤0.01% |
32,595
-506
| -2% | -$25.9K |
|
5967
PUT
AppFolio
APPF
$6.94B
| $1.84M | ﹤0.01% |
8,000
-3,900
| -33% | -$850K |
|
5968
First Trust Dow Jones Select MicroCap Index Fund
FDM
$277M
| $1.84M | ﹤0.01% |
25,691
+18,865
| +276% | +$1.22M |
|
|
ELME
5969
Elme Communities
ELME
$143M
| $1.84M | ﹤0.01% |
115,735
+822
| +0.7% | +$13.1K |
|
5970
VanEck Low Carbon Energy ETF
SMOG
$135M
| $1.84M | ﹤0.01% |
16,732
-1,391
| -8% | -$147K |
|
5971
Innovator Growth-100 Power Buffer ETF October
NOCT
$228M
| $1.84M | ﹤0.01% |
33,728
+29,180
| +642% | +$1.5M |
|
5972
PUT
Liquidia Corp
LQDA
$6.95B
| $1.84M | ﹤0.01% |
147,500
-34,800
| -19% | -$515K |
|
5973
CALL
Bloomin' Brands
BLMN
$915M
| $1.84M | ﹤0.01% |
213,400
+123,200
| +137% | +$989K |
|
5974
PUT
Evolv Technologies
EVLV
$991M
| $1.84M | ﹤0.01% |
294,400
+59,100
| +25% | +$273K |
|
5975
Virtus Reaves Utilities ETF
UTES
$1.31B
| $1.84M | ﹤0.01% |
24,295
-11,074
| -31% | -$769K |
|
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.