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 | |
|---|---|---|---|---|---|---|
6376
Innovator International Developed Power Buffer ETF April
IAPR
$202M
| $1.54M | ﹤0.01% |
52,680
+5,812
| +12% | +$164K |
|
6377
Aurinia Pharmaceuticals
AUPH
$2.03B
| $1.54M | ﹤0.01% |
181,783
+18,710
| +11% | +$150K |
|
6378
PUT
Banco Santander
SAN
$208B
| $1.54M | ﹤0.01% |
+185,500
| New | +$1.38M |
|
|
DOG
6379
CALL
ProShares Short Dow30
DOG
$88.9M
| $1.54M | ﹤0.01% |
60,400
-7,800
| -11% | -$212K |
|
6380
Redwire
RDW
$3.35B
| $1.54M | ﹤0.01% |
94,404
-71,375
| -43% | -$930K |
|
6381
First Trust Nasdaq Semiconductor ETF
FTXL
$1.4B
| $1.54M | ﹤0.01% |
16,031
-37,322
| -70% | -$3.01M |
|
6382
iShares S&P India Nifty 50 Index Fund
INDY
$559M
| $1.54M | ﹤0.01% |
+28,277
| New | +$1.49M |
|
6383
PUT
DTE Energy
DTE
$29.4B
| $1.54M | ﹤0.01% |
11,600
-7,300
| -39% | -$982K |
|
6384
VictoryShares US Small Cap High Div Volatility Wtd ETF
CSB
$265M
| $1.54M | ﹤0.01% |
27,711
+15,399
| +125% | +$839K |
|
6385
FT Vest Laddered Moderate Buffer ETF
BUFZ
$1.03B
| $1.54M | ﹤0.01% |
61,587
+15,822
| +35% | +$376K |
|
6386
Napco Security Technologies
NSSC
$1.36B
| $1.53M | ﹤0.01% |
51,698
-6,913
| -12% | -$178K |
|
6387
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.33B
| $1.53M | ﹤0.01% |
37,824
+19,499
| +106% | +$745K |
|
6388
PUT
Rollins
ROL
$17.3B
| $1.53M | ﹤0.01% |
27,200
+20,100
| +283% | +$1.13M |
|
6389
CALL
MediWound
MDWD
$172M
| $1.53M | ﹤0.01% |
79,200
+67,200
| +560% | +$1.27M |
|
6390
PUT
Defiance Quantum ETF
QTUM
$5.82B
| $1.53M | ﹤0.01% |
16,700
+13,700
| +457% | +$1.11M |
|
6391
CALL
Paysign
PAYS
$734M
| $1.53M | ﹤0.01% |
+212,800
| New | +$762K |
|
6392
Nu Skin
NUS
$228M
| $1.53M | ﹤0.01% |
191,665
-377,404
| -66% | -$2.65M |
|
6393
Dimensional US Core Equity 1 ETF
DCOR
$3.52B
| $1.53M | ﹤0.01% |
22,845
-54,605
| -71% | -$3.4M |
|
6394
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.22B
| $1.53M | ﹤0.01% |
8,739
+3,339
| +62% | +$572K |
|
|
SJT
6395
San Juan Basin Royalty Trust
SJT
$131M
| $1.52M | ﹤0.01% |
254,824
+11,808
| +5% | +$71.7K |
|
6396
Federal Realty Investment Trust
FRT
$10.3B
| $1.52M | ﹤0.01% |
16,036
+3,025
| +23% | +$286K |
|
6397
Edgewell Personal Care
EPC
$1.29B
| $1.52M | ﹤0.01% |
65,060
+5,878
| +10% | +$163K |
|
6398
Core Alternative Capital
CCOR
$27.9M
| $1.52M | ﹤0.01% |
56,688
-7,419
| -12% | -$202K |
|
6399
CALL
Kimbell Royalty Partners
KRP
$1.51B
| $1.52M | ﹤0.01% |
109,000
-62,900
| -37% | -$824K |
|
6400
PUT
ProShares Ultra Gold
UGL
$818M
| $1.52M | ﹤0.01% |
43,900
-79,300
| -64% | -$2.75M |
|
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.