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 | |
|---|---|---|---|---|---|---|
6601
Barrett Business Services
BBSI
$781M
| $1.41M | ﹤0.01% |
33,826
+181
| +0.5% | +$7.45K |
|
6602
CALL
Coursera
COUR
$1.53B
| $1.41M | ﹤0.01% |
160,900
+110,400
| +219% | +$904K |
|
6603
CALL
Neurogene
NGNE
$723M
| $1.41M | ﹤0.01% |
94,200
+50,500
| +116% | +$792K |
|
|
ZK
6604
PUT
DELISTED
Zeekr
ZK
| $1.41M | ﹤0.01% |
55,200
-108,500
| -66% | -$2.67M |
|
6605
WisdomTree Dynamic International SmallCap Equity Fund
DDLS
$431M
| $1.41M | ﹤0.01% |
+35,632
| New | +$1.33M |
|
6606
SoFi Select 500 ETF
SFY
$701M
| $1.41M | ﹤0.01% |
11,914
-270
| -2% | -$28.9K |
|
|
JANM
6607
FT U.S. Equity Max Buffer ETF - January
JANM
$36.8M
| $1.41M | ﹤0.01% |
44,342
+25,649
| +137% | +$797K |
|
|
FARO
6608
PUT
DELISTED
Faro Technologies
FARO
| $1.41M | ﹤0.01% |
+32,000
| New | +$1.17M |
|
6609
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$100M
| $1.41M | ﹤0.01% |
14,385
+1,888
| +15% | +$214K |
|
|
SARO
6610
PUT
StandardAero Inc
SARO
$9.23B
| $1.41M | ﹤0.01% |
44,400
+21,400
| +93% | +$600K |
|
|
THR
6611
DELISTED
Thermon Group Holdings
THR
| $1.4M | ﹤0.01% |
50,025
+3,359
| +7% | +$91K |
|
6612
Sphere Entertainment
SPHR
$6.03B
| $1.4M | ﹤0.01% |
33,573
-82,291
| -71% | -$2.79M |
|
6613
Hertz
HTZ
$770M
| $1.4M | ﹤0.01% |
205,405
-383,487
| -65% | -$2.39M |
|
6614
PUT
Cogent Communications
CCOI
$551M
| $1.4M | ﹤0.01% |
29,100
-5,100
| -15% | -$259K |
|
|
IJUN
6615
Innovator International Developed Power Buffer ETF - June
IJUN
$80.9M
| $1.4M | ﹤0.01% |
+50,498
| New | +$1.34M |
|
6616
Syntax Stratified LargeCap ETF
SSPY
$132M
| $1.4M | ﹤0.01% |
+17,009
| New | +$1.33M |
|
6617
iShares GNMA Bond ETF
GNMA
$431M
| $1.4M | ﹤0.01% |
31,840
-3,255
| -9% | -$141K |
|
6618
CALL
Enpro
NPO
$7.27B
| $1.4M | ﹤0.01% |
7,300
-900
| -11% | -$154K |
|
6619
PUT
La-Z-Boy
LZB
$1.67B
| $1.4M | ﹤0.01% |
+37,600
| New | +$1.5M |
|
6620
CALL
Archrock
AROC
$6.07B
| $1.4M | ﹤0.01% |
56,200
+17,200
| +44% | +$421K |
|
6621
CALL
Stem
STEM
$61M
| $1.39M | ﹤0.01% |
223,700
+214,705
| +2,387% | +$1.93M |
|
6622
SandRidge Energy
SD
$520M
| $1.39M | ﹤0.01% |
128,756
+50,362
| +64% | +$513K |
|
6623
Bank First Corp
BFC
$1.75B
| $1.39M | ﹤0.01% |
11,841
+4
| +0% | +$445 |
|
6624
PUT
iShares Russell 1000 ETF
IWB
$49.7B
| $1.39M | ﹤0.01% |
4,100
-6,600
| -62% | -$2.07M |
|
6625
PUT
Capital Southwest
CSWC
$1.59B
| $1.39M | ﹤0.01% |
63,100
+21,300
| +51% | +$439K |
|
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.