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 | |
|---|---|---|---|---|---|---|
6401
Grupo Aeroportuario del Pacifico
PAC
$12.2B
| $1.52M | ﹤0.01% |
+6,626
| New | +$1.41M |
|
6402
CALL
TriNet
TNET
$3.08B
| $1.52M | ﹤0.01% |
20,800
+6,200
| +42% | +$491K |
|
6403
Invesco S&P 100 Equal Weight ETF
EQWL
$2.79B
| $1.52M | ﹤0.01% |
13,833
+1,070
| +8% | +$110K |
|
6404
CALL
Euronet Worldwide
EEFT
$2.64B
| $1.52M | ﹤0.01% |
15,000
+5,200
| +53% | +$538K |
|
|
BAND
6405
Bandwidth Inc
BAND
$1.7B
| $1.52M | ﹤0.01% |
95,562
+25,707
| +37% | +$349K |
|
6406
iShares US Regional Banks ETF
IAT
$685M
| $1.52M | ﹤0.01% |
30,663
-30,469
| -50% | -$1.39M |
|
6407
ProShares Ultra Financials
UYG
$835M
| $1.52M | ﹤0.01% |
15,894
-6,891
| -30% | -$592K |
|
6408
State Street SPDR S&P North American Natural Resources ETF
NANR
$823M
| $1.52M | ﹤0.01% |
26,809
+16,095
| +150% | +$869K |
|
6409
Pebblebrook Hotel Trust
PEB
$2.05B
| $1.52M | ﹤0.01% |
151,964
+6,565
| +5% | +$61K |
|
6410
abrdn Physical Gold Shares ETF
SGOL
$7.39B
| $1.52M | ﹤0.01% |
48,118
+26,644
| +124% | +$835K |
|
6411
Helix Energy Solutions
HLX
$1.55B
| $1.52M | ﹤0.01% |
243,211
-67,058
| -22% | -$444K |
|
6412
Keros Therapeutics
KROS
$208M
| $1.52M | ﹤0.01% |
113,665
-8,184
| -7% | -$110K |
|
6413
FlexShares International Quality Dividend Dynamic Index Fund
IQDY
$114M
| $1.52M | ﹤0.01% |
46,905
-12,421
| -21% | -$378K |
|
6414
CALL
Global X Artificial Intelligence & Technology ETF
AIQ
$10.3B
| $1.52M | ﹤0.01% |
+34,700
| New | +$1.35M |
|
6415
Ouster
OUST
$3.47B
| $1.52M | ﹤0.01% |
62,506
-3,094
| -5% | -$37.6K |
|
6416
Helios Technologies
HLIO
$2.7B
| $1.52M | ﹤0.01% |
45,411
+1,357
| +3% | +$40.9K |
|
6417
Teucrium Agricultural Fund
TAGS
$20.1M
| $1.51M | ﹤0.01% |
62,698
+8,034
| +15% | +$200K |
|
6418
CALL
Eve Holding
EVEX
$927M
| $1.51M | ﹤0.01% |
220,700
+141,700
| +179% | +$632K |
|
6419
Pennant Group
PNTG
$1.37B
| $1.51M | ﹤0.01% |
50,684
+8,641
| +21% | +$237K |
|
6420
PUT
PAR Technology
PAR
$767M
| $1.51M | ﹤0.01% |
21,800
-7,500
| -26% | -$469K |
|
6421
Atomera
ATOM
$212M
| $1.51M | ﹤0.01% |
300,043
-276,244
| -48% | -$1.47M |
|
6422
CALL
Immunovant
IMVT
$9.03B
| $1.51M | ﹤0.01% |
94,500
-90,300
| -49% | -$1.37M |
|
6423
First Trust Indxx NextG ETF
NXTG
$576M
| $1.51M | ﹤0.01% |
15,540
-4,649
| -23% | -$413K |
|
6424
Edgewise Therapeutics
EWTX
$4.78B
| $1.51M | ﹤0.01% |
115,270
-61,396
| -35% | -$885K |
|
6425
PUT
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$767M
| $1.51M | ﹤0.01% |
28,800
-36,100
| -56% | -$1.87M |
|
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.