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 | |
|---|---|---|---|---|---|---|
|
EFC
6226
Ellington Financial
EFC
$1.75B
| $1.63M | ﹤0.01% |
125,745
+17,506
| +16% | +$223K |
|
6227
CALL
Bausch + Lomb
BLCO
$6.07B
| $1.63M | ﹤0.01% |
125,500
+43,900
| +54% | +$528K |
|
6228
PUT
Advanced Drainage Systems
WMS
$11.2B
| $1.63M | ﹤0.01% |
14,200
-35,900
| -72% | -$4.02M |
|
6229
PUT
Hafnia
HAFN
$3.93B
| $1.63M | ﹤0.01% |
326,700
+199,900
| +158% | +$971K |
|
6230
PUT
Xylem
XYL
$27.4B
| $1.63M | ﹤0.01% |
12,600
+500
| +4% | +$60.6K |
|
6231
CALL
AvePoint
AVPT
$2.8B
| $1.63M | ﹤0.01% |
84,400
-37,700
| -31% | -$654K |
|
6232
Genco Shipping & Trading
GNK
$1.14B
| $1.63M | ﹤0.01% |
124,656
+14,536
| +13% | +$192K |
|
6233
PVH
PVH
$3.6B
| $1.63M | ﹤0.01% |
23,745
-69,460
| -75% | -$5.04M |
|
6234
Revvity
RVTY
$13B
| $1.63M | ﹤0.01% |
16,833
+4,847
| +40% | +$457K |
|
6235
Telus
TU
$15.3B
| $1.63M | ﹤0.01% |
101,317
+16,790
| +20% | +$260K |
|
6236
NewAmsterdam Pharma
NAMS
$3.22B
| $1.63M | ﹤0.01% |
89,827
-59,209
| -40% | -$1.08M |
|
6237
WisdomTree International Multifactor Fund
DWMF
$34.5M
| $1.63M | ﹤0.01% |
51,787
-15,898
| -23% | -$487K |
|
6238
Illumina
ILMN
$29.2B
| $1.63M | ﹤0.01% |
17,045
-191,394
| -92% | -$15.5M |
|
6239
PUT
GraniteShares 2x Long TSLA Daily ETF
TSLR
$70.8M
| $1.63M | ﹤0.01% |
+86,000
| New | +$1.59M |
|
|
PRA
6240
DELISTED
ProAssurance
PRA
| $1.63M | ﹤0.01% |
71,217
-15,000
| -17% | -$346K |
|
|
PTEC
6241
DELISTED
Global X PropTech ETF
PTEC
| $1.63M | ﹤0.01% |
43,707
-996
| -2% | -$35.3K |
|
6242
JPMorgan Active Value ETF
JAVA
$7.15B
| $1.62M | ﹤0.01% |
24,809
-51,025
| -67% | -$3.19M |
|
6243
Travere Therapeutics
TVTX
$5.99B
| $1.62M | ﹤0.01% |
109,787
-13,473
| -11% | -$223K |
|
|
JUNM
6244
FT Vest U.S. Equity Max Buffer ETF - June
JUNM
$67.3M
| $1.62M | ﹤0.01% |
48,793
+29,368
| +151% | +$939K |
|
6245
Ceragon Networks
CRNT
$198M
| $1.62M | ﹤0.01% |
660,107
+334,966
| +103% | +$764K |
|
6246
CALL
OR Royalties Inc
OR
$6.24B
| $1.62M | ﹤0.01% |
63,100
-119,200
| -65% | -$2.87M |
|
6247
PUT
Invesco CurrencyShares Swiss Franc Trust
FXF
$391M
| $1.62M | ﹤0.01% |
14,500
+4,200
| +41% | +$451K |
|
|
HAPN
6248
PUT
Happen Inc
HAPN
$2.21B
| $1.62M | ﹤0.01% |
134,700
+46,800
| +53% | +$486K |
|
6249
CALL
Apple Hospitality REIT
APLE
$3.76B
| $1.62M | ﹤0.01% |
138,800
-23,600
| -15% | -$277K |
|
6250
PUT
iShares Global Clean Energy ETF
ICLN
$2.15B
| $1.62M | ﹤0.01% |
123,500
+16,000
| +15% | +$196K |
|
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.