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 | |
|---|---|---|---|---|---|---|
6051
Bio-Rad Laboratories Class A
BIO
$9.5B
| $1.78M | ﹤0.01% |
7,361
-3,805
| -34% | -$899K |
|
6052
PUT
AGCO
AGCO
$6.99B
| $1.77M | ﹤0.01% |
17,200
-31,000
| -64% | -$2.95M |
|
6053
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.57B
| $1.77M | ﹤0.01% |
42,054
+7,060
| +20% | +$291K |
|
6054
DHT Holdings
DHT
$3.05B
| $1.77M | ﹤0.01% |
164,001
-24,600
| -13% | -$271K |
|
6055
Flywire
FLYW
$2.23B
| $1.77M | ﹤0.01% |
151,498
-105,917
| -41% | -$1.08M |
|
6056
Dyne Therapeutics
DYN
$4.88B
| $1.77M | ﹤0.01% |
186,015
+31,661
| +21% | +$349K |
|
6057
JPMorgan BetaBuilders US Mid Cap Equity ETF
BBMC
$2.13B
| $1.77M | ﹤0.01% |
18,157
+7,981
| +78% | +$728K |
|
6058
PUT
Vermilion Energy
VET
$1.82B
| $1.77M | ﹤0.01% |
243,000
-34,400
| -12% | -$235K |
|
6059
Dave & Buster's
PLAY
$353M
| $1.77M | ﹤0.01% |
58,804
+20,777
| +55% | +$469K |
|
6060
PUT
Pilgrim's Pride
PPC
$6.85B
| $1.77M | ﹤0.01% |
39,300
-67,900
| -63% | -$3.33M |
|
|
BSCP
6061
DELISTED
Invesco BulletShares 2025 Corporate Bond ETF
BSCP
| $1.77M | ﹤0.01% |
85,453
+42,867
| +101% | +$887K |
|
6062
PUT
Allison Transmission
ALSN
$10.5B
| $1.77M | ﹤0.01% |
18,600
+3,400
| +22% | +$329K |
|
6063
SFL Corp
SFL
$1.66B
| $1.77M | ﹤0.01% |
212,009
-17,360
| -8% | -$144K |
|
6064
State Street SPDR Bloomberg Short Term International Treasury Bond ETF
BWZ
$288M
| $1.77M | ﹤0.01% |
62,910
+42,396
| +207% | +$1.16M |
|
|
XHR
6065
Xenia Hotels & Resorts
XHR
$1.76B
| $1.77M | ﹤0.01% |
140,465
+16,217
| +13% | +$186K |
|
6066
CALL
Fox Class A
FOXA
$29B
| $1.77M | ﹤0.01% |
31,500
-24,200
| -43% | -$1.28M |
|
6067
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$745M
| $1.76M | ﹤0.01% |
27,693
+13,180
| +91% | +$823K |
|
|
BASE
6068
DELISTED
Couchbase
BASE
| $1.76M | ﹤0.01% |
72,362
+24,216
| +50% | +$440K |
|
6069
Invesco S&P International Developed Momentum ETF
IDMO
$4.34B
| $1.76M | ﹤0.01% |
34,421
+19,368
| +129% | +$922K |
|
6070
PUT
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.2B
| $1.76M | ﹤0.01% |
6,200
+2,200
| +55% | +$567K |
|
6071
Fox Factory Holding Corp
FOXF
$864M
| $1.76M | ﹤0.01% |
67,967
+8,079
| +13% | +$189K |
|
6072
Viridian Therapeutics
VRDN
$2.62B
| $1.76M | ﹤0.01% |
126,023
+16,039
| +15% | +$218K |
|
6073
CALL
Chefs' Warehouse
CHEF
$4.51B
| $1.76M | ﹤0.01% |
27,600
-300
| -1% | -$17.8K |
|
6074
Core Scientific Inc Tranche 2 Warrants
CORZZ
$1.65B
| $1.76M | ﹤0.01% |
102,575
-17,496
| -15% | -$174K |
|
|
SEPN
6075
Septerna Inc
SEPN
$2.06B
| $1.76M | ﹤0.01% |
166,506
+141,297
| +561% | +$1.16M |
|
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.