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 | |
|---|---|---|---|---|---|---|
6451
CALL
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.44B
| $1.49M | ﹤0.01% |
15,200
+5,200
| +52% | +$471K |
|
6452
Vanguard Long-Term Bond ETF
BLV
$5.66B
| $1.49M | ﹤0.01% |
21,485
+16,690
| +348% | +$1.14M |
|
6453
PUT
Carlisle Companies
CSL
$14.3B
| $1.49M | ﹤0.01% |
4,000
-1,400
| -26% | -$520K |
|
6454
Onto Innovation
ONTO
$21.5B
| $1.49M | ﹤0.01% |
14,798
-32,237
| -69% | -$3.44M |
|
|
SKE
6455
CALL
Skeena Resources
SKE
$4.03B
| $1.49M | ﹤0.01% |
93,800
-35,100
| -27% | -$442K |
|
6456
RLJ Lodging Trust
RLJ
$1.69B
| $1.49M | ﹤0.01% |
204,922
+5,778
| +3% | +$41.7K |
|
6457
PUT
HCI Group
HCI
$2.27B
| $1.49M | ﹤0.01% |
9,800
+2,500
| +34% | +$384K |
|
6458
CALL
Arhaus
ARHS
$1.35B
| $1.49M | ﹤0.01% |
172,000
+57,900
| +51% | +$483K |
|
6459
First Trust Lunt US Factor Rotation ETF
FCTR
$56M
| $1.49M | ﹤0.01% |
43,836
-5,478
| -11% | -$175K |
|
6460
PUT
TFI International
TFII
$12B
| $1.49M | ﹤0.01% |
+16,600
| New | +$1.4M |
|
6461
Huntsman Corp
HUN
$1.81B
| $1.49M | ﹤0.01% |
142,837
+68,810
| +93% | +$838K |
|
6462
CALL
Alight
ALIT
$362M
| $1.49M | ﹤0.01% |
13,140
-2,055
| -14% | -$220K |
|
6463
ARK Genomic Revolution ETF
ARKG
$1.73B
| $1.49M | ﹤0.01% |
61,084
+4,855
| +9% | +$106K |
|
6464
CALL
Target Hospitality
TH
$1.8B
| $1.49M | ﹤0.01% |
208,900
-330,600
| -61% | -$2.3M |
|
6465
CALL
Denison Mines
DNN
$2.89B
| $1.49M | ﹤0.01% |
816,900
-2,554,800
| -76% | -$3.87M |
|
6466
CALL
Bumble
BMBL
$343M
| $1.49M | ﹤0.01% |
225,600
-25,200
| -10% | -$127K |
|
6467
VictoryShares Emerging Markets Value Momentum ETF
UEVM
$251M
| $1.49M | ﹤0.01% |
+28,357
| New | +$1.38M |
|
6468
PUT
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$330M
| $1.49M | ﹤0.01% |
31,690
+25,330
| +398% | +$1.56M |
|
6469
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
GDMN
$190M
| $1.49M | ﹤0.01% |
29,468
-24,686
| -46% | -$1.19M |
|
6470
WisdomTree International Quality Dividend Growth Fund
IQDG
$729M
| $1.49M | ﹤0.01% |
37,473
-590
| -2% | -$22.1K |
|
6471
PUT
Teekay Tankers
TNK
$3.09B
| $1.49M | ﹤0.01% |
35,600
-64,200
| -64% | -$2.75M |
|
|
ACB
6472
PUT
Aurora Cannabis
ACB
$228M
| $1.48M | ﹤0.01% |
350,100
+105,100
| +43% | +$509K |
|
6473
Chemed
CHE
$6.86B
| $1.48M | ﹤0.01% |
3,048
+2,079
| +215% | +$1.18M |
|
6474
CALL
Global X Cybersecurity ETF
BUG
$1.49B
| $1.48M | ﹤0.01% |
40,000
-17,200
| -30% | -$590K |
|
|
BRKL
6475
DELISTED
Brookline Bancorp
BRKL
| $1.48M | ﹤0.01% |
140,649
-20,120
| -13% | -$209K |
|
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.