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 | |
|---|---|---|---|---|---|---|
6126
CALL
ManpowerGroup
MAN
$2.64B
| $1.72M | ﹤0.01% |
42,500
-8,800
| -17% | -$384K |
|
6127
Zacks Earnings Consistent Portfolio ETF
ZECP
$373M
| $1.72M | ﹤0.01% |
+53,798
| New | +$1.62M |
|
6128
PUT
ProShares Ultra Dow30
DDM
$577M
| $1.72M | ﹤0.01% |
35,000
-4,200
| -11% | -$184K |
|
6129
CALL
Extreme Networks
EXTR
$3.19B
| $1.71M | ﹤0.01% |
95,500
+41,000
| +75% | +$604K |
|
6130
Upbound Group
UPBD
$1.13B
| $1.71M | ﹤0.01% |
68,284
-12,142
| -15% | -$284K |
|
6131
FlexShares Emerging Markets Quality Low Volatility Index Fund
QLVE
$16.9M
| $1.71M | ﹤0.01% |
+62,187
| New | +$1.63M |
|
6132
Benchmark Electronics
BHE
$3.02B
| $1.71M | ﹤0.01% |
44,105
-13,809
| -24% | -$505K |
|
6133
PUT
The RealReal
REAL
$1.35B
| $1.71M | ﹤0.01% |
357,500
-11,400
| -3% | -$62.7K |
|
6134
PUT
VanEck Israel ETF
ISRA
$159M
| $1.71M | ﹤0.01% |
+33,000
| New | +$1.51M |
|
6135
PUT
Agilysys
AGYS
$3.14B
| $1.71M | ﹤0.01% |
14,900
-4,000
| -21% | -$361K |
|
6136
FT Vest Buffered Allocation Growth ETF
BUFG
$331M
| $1.71M | ﹤0.01% |
66,868
-37,338
| -36% | -$903K |
|
6137
Invesco S&P 500 Low Volatility ETF
SPLV
$7.11B
| $1.7M | ﹤0.01% |
+23,413
| New | +$1.69M |
|
6138
Dime Commercial Bancshares
DCOM
$1.81B
| $1.7M | ﹤0.01% |
63,197
-6,339
| -9% | -$166K |
|
|
XAPR
6139
FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April
XAPR
$29.7M
| $1.7M | ﹤0.01% |
48,486
+11,101
| +30% | +$377K |
|
|
NTST
6140
NETSTREIT Corp
NTST
$2.07B
| $1.7M | ﹤0.01% |
100,491
-1,384
| -1% | -$22.2K |
|
6141
BJ's Restaurants
BJRI
$1.41B
| $1.7M | ﹤0.01% |
38,114
+6,362
| +20% | +$251K |
|
6142
REX FANG & Innovation Equity Premium Income ETF
FEPI
$691M
| $1.7M | ﹤0.01% |
37,336
-25,191
| -40% | -$1.07M |
|
6143
Solid Biosciences
SLDB
$976M
| $1.7M | ﹤0.01% |
348,864
+151,076
| +76% | +$534K |
|
6144
CALL
Freshworks
FRSH
$3.41B
| $1.7M | ﹤0.01% |
113,900
-48,200
| -30% | -$694K |
|
|
EGGY
6145
NestYield Dynamic Income ETF
EGGY
$168M
| $1.7M | ﹤0.01% |
+43,283
| New | +$1.55M |
|
|
TGNA
6146
CALL
DELISTED
TEGNA Inc
TGNA
| $1.7M | ﹤0.01% |
101,300
+80,700
| +392% | +$1.34M |
|
6147
CALL
LegalZoom.com
LZ
$932M
| $1.7M | ﹤0.01% |
190,400
+35,100
| +23% | +$294K |
|
6148
Empire State Realty Trust
ESRT
$807M
| $1.7M | ﹤0.01% |
209,661
-4,290
| -2% | -$32.8K |
|
6149
CALL
Green Plains
GPRE
$1.13B
| $1.7M | ﹤0.01% |
281,200
+148,600
| +112% | +$655K |
|
6150
FT Vest Gold Strategy Target Income ETF
IGLD
$556M
| $1.69M | ﹤0.01% |
78,065
+26,928
| +53% | +$581K |
|
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.