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 | |
|---|---|---|---|---|---|---|
|
HIMX
6276
PUT
Himax Technologies
HIMX
$2.69B
| $1.6M | ﹤0.01% |
178,900
-165,000
| -48% | -$1.3M |
|
6277
First Advantage
FA
$3.49B
| $1.6M | ﹤0.01% |
96,171
+14,571
| +18% | +$235K |
|
|
CMBT
6278
CALL
CMB.TECH NV
CMBT
$5.04B
| $1.6M | ﹤0.01% |
+176,900
| New | +$1.61M |
|
6279
State Street SPDR S&P International Dividend ETF
DWX
$526M
| $1.6M | ﹤0.01% |
37,848
+6,692
| +21% | +$273K |
|
6280
Arcturus Therapeutics
ARCT
$231M
| $1.6M | ﹤0.01% |
122,613
+65,212
| +114% | +$771K |
|
6281
PUT
Forward Air
FWRD
$653M
| $1.6M | ﹤0.01% |
65,000
-36,400
| -36% | -$647K |
|
|
PGRE
6282
DELISTED
Paramount Group
PGRE
| $1.6M | ﹤0.01% |
261,477
+15,763
| +6% | +$82.1K |
|
6283
iShares Select Dividend ETF
DVY
$23.9B
| $1.59M | ﹤0.01% |
12,006
+12
| +0.1% | +$1.55K |
|
6284
CALL
Mercury Systems
MRCY
$6.81B
| $1.59M | ﹤0.01% |
29,600
-7,200
| -20% | -$351K |
|
6285
Invesco S&P SmallCap Momentum ETF
XSMO
$3.16B
| $1.59M | ﹤0.01% |
23,426
-53,299
| -69% | -$3.4M |
|
|
HBI
6286
PUT
DELISTED
Hanesbrands
HBI
| $1.59M | ﹤0.01% |
347,800
-24,200
| -7% | -$117K |
|
6287
Teekay Tankers
TNK
$3.09B
| $1.59M | ﹤0.01% |
38,177
-56,550
| -60% | -$2.42M |
|
|
SRTA
6288
PUT
Strata Critical Medical Inc
SRTA
$522M
| $1.59M | ﹤0.01% |
395,000
+367,700
| +1,347% | +$1.2M |
|
6289
Safety Insurance
SAFT
$1.52B
| $1.59M | ﹤0.01% |
20,047
-213
| -1% | -$16.8K |
|
6290
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$149M
| $1.59M | ﹤0.01% |
65,543
-166,393
| -72% | -$3.91M |
|
|
IBDQ
6291
DELISTED
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
| $1.59M | ﹤0.01% |
63,198
+41,253
| +188% | +$1.04M |
|
6292
PUT
TechnipFMC
FTI
$31.3B
| $1.59M | ﹤0.01% |
46,200
+34,700
| +302% | +$1.05M |
|
6293
PUT
TORM
TRMD
$3.13B
| $1.59M | ﹤0.01% |
95,500
-9,200
| -9% | -$154K |
|
6294
Worthington Steel
WS
$1.93B
| $1.59M | ﹤0.01% |
53,321
+2,557
| +5% | +$65.8K |
|
6295
Pacific Biosciences
PACB
$376M
| $1.59M | ﹤0.01% |
1,282,635
+934,622
| +269% | +$1.08M |
|
6296
CALL
Orion
OEC
$352M
| $1.59M | ﹤0.01% |
151,600
+2,500
| +2% | +$28.3K |
|
6297
CALL
Invesco DB Agriculture Fund
DBA
$1.22B
| $1.59M | ﹤0.01% |
60,800
+5,900
| +11% | +$158K |
|
6298
Palladyne AI
PDYN
$319M
| $1.59M | ﹤0.01% |
183,511
+52,099
| +40% | +$369K |
|
6299
Navigator Holdings
NVGS
$1.33B
| $1.59M | ﹤0.01% |
112,281
+96,946
| +632% | +$1.31M |
|
|
OPPJ
6300
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$288M
| $1.59M | ﹤0.01% |
+43,455
| New | +$1.53M |
|
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.