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 | |
|---|---|---|---|---|---|---|
|
RNTY
5976
YieldMax Target 12 Real Estate Option Income ETF
RNTY
$8.67M
| $1.84M | ﹤0.01% |
+35,365
| New | +$1.84M |
|
|
CSW
5977
CALL
CSW Industrials
CSW
$5.58B
| $1.84M | ﹤0.01% |
6,400
| – | – |
|
5978
PUT
Nano X Imaging
NNOX
$69.4M
| $1.84M | ﹤0.01% |
355,000
-48,600
| -12% | -$248K |
|
5979
AMC Global Media
AMCX
$499M
| $1.84M | ﹤0.01% |
292,678
-120,691
| -29% | -$762K |
|
5980
Invesco Solar ETF
TAN
$1.33B
| $1.83M | ﹤0.01% |
53,544
-103,907
| -66% | -$3.26M |
|
|
AVDL
5981
PUT
DELISTED
Avadel Pharmaceuticals
AVDL
| $1.83M | ﹤0.01% |
207,000
+50,400
| +32% | +$443K |
|
5982
PUT
SouthState Bank Corp
SSB
$10.7B
| $1.83M | ﹤0.01% |
+19,900
| New | +$1.75M |
|
5983
Tilray
TLRY
$616M
| $1.83M | ﹤0.01% |
441,867
-51,209
| -10% | -$232K |
|
5984
Enel Chile
ENIC
$6.31B
| $1.83M | ﹤0.01% |
503,804
+460,340
| +1,059% | +$1.63M |
|
5985
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$251M
| $1.83M | ﹤0.01% |
35,600
+1,000
| +3% | +$49.9K |
|
5986
PUT
Palladyne AI
PDYN
$319M
| $1.83M | ﹤0.01% |
211,000
+131,500
| +165% | +$932K |
|
|
ALMS
5987
Alumis Inc
ALMS
$3.3B
| $1.83M | ﹤0.01% |
609,065
+582,868
| +2,225% | +$2.75M |
|
5988
PUT
Weatherford International
WFRD
$6.67B
| $1.83M | ﹤0.01% |
36,300
+25,300
| +230% | +$1.18M |
|
5989
Invesco Mortgage Capital
IVR
$809M
| $1.83M | ﹤0.01% |
232,937
-6,030
| -3% | -$44.4K |
|
5990
Delek US
DK
$4.12B
| $1.83M | ﹤0.01% |
86,197
-94,139
| -52% | -$1.58M |
|
5991
CALL
Grupo Aeroportuario Centro Norte
OMAB
$4.96B
| $1.83M | ﹤0.01% |
17,300
+11,700
| +209% | +$1.1M |
|
5992
Toro Company
TTC
$9.28B
| $1.82M | ﹤0.01% |
25,800
-43,460
| -63% | -$3.08M |
|
5993
Ares Capital
ARCC
$14.1B
| $1.82M | ﹤0.01% |
83,001
-61,341
| -42% | -$1.3M |
|
5994
Post Holdings
POST
$3.6B
| $1.82M | ﹤0.01% |
16,698
+3,843
| +30% | +$431K |
|
5995
PUT
The Greenbrier Companies
GBX
$1.42B
| $1.82M | ﹤0.01% |
39,500
+20,700
| +110% | +$927K |
|
5996
CALL
Veralto
VLTO
$23.6B
| $1.82M | ﹤0.01% |
18,000
-7,100
| -28% | -$685K |
|
5997
Amplify Cybersecurity ETF
HACK
$2.95B
| $1.82M | ﹤0.01% |
21,032
-9,679
| -32% | -$754K |
|
|
FMUN
5998
Fidelity Systematic Municipal Bond Index ETF
FMUN
$179M
| $1.82M | ﹤0.01% |
+37,339
| New | +$1.81M |
|
5999
Open Text
OTEX
$5.79B
| $1.81M | ﹤0.01% |
62,149
-108,839
| -64% | -$2.96M |
|
6000
TETRA Technologies
TTI
$1.25B
| $1.81M | ﹤0.01% |
540,051
+72,985
| +16% | +$212K |
|
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.