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 | |
|---|---|---|---|---|---|---|
6676
Astrana Health
ASTH
$1.97B
| $1.36M | ﹤0.01% |
54,572
-1,581
| -3% | -$44.5K |
|
6677
PUT
FTI Consulting
FCN
$4.19B
| $1.36M | ﹤0.01% |
8,400
+1,300
| +18% | +$212K |
|
6678
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.76B
| $1.36M | ﹤0.01% |
27,010
-45,860
| -63% | -$2.24M |
|
6679
CALL
Ryanair
RYAAY
$30.5B
| $1.36M | ﹤0.01% |
+23,500
| New | +$1.2M |
|
6680
CALL
ZipRecruiter
ZIP
$386M
| $1.36M | ﹤0.01% |
270,500
-21,000
| -7% | -$115K |
|
6681
CALL
Amplify Energy
AMPY
$200M
| $1.36M | ﹤0.01% |
423,500
+187,300
| +79% | +$557K |
|
6682
IAMGOLD
IAG
$10.9B
| $1.35M | ﹤0.01% |
184,074
+63,111
| +52% | +$442K |
|
|
MARO
6683
YieldMax MARA Option Income Strategy ETF
MARO
$43.7M
| $1.35M | ﹤0.01% |
+61,763
| New | +$1.38M |
|
6684
CALL
Amdocs
DOX
$6.18B
| $1.35M | ﹤0.01% |
14,800
+1,200
| +9% | +$107K |
|
6685
Xerox
XRX
$387M
| $1.35M | ﹤0.01% |
256,051
-494,662
| -66% | -$2.41M |
|
6686
PUT
Genesis Energy
GEL
$1.93B
| $1.35M | ﹤0.01% |
78,300
-279,900
| -78% | -$4.24M |
|
6687
FT Vest US Equity Moderate Buffer ETF May
GMAY
$544M
| $1.35M | ﹤0.01% |
34,447
+79
| +0.2% | +$2.92K |
|
6688
PUT
Qfin Holdings
QFIN
$1.45B
| $1.35M | ﹤0.01% |
31,100
+8,600
| +38% | +$359K |
|
6689
RLI Corp
RLI
$5.73B
| $1.35M | ﹤0.01% |
18,669
+9,357
| +100% | +$702K |
|
6690
Direxion Daily Dow Jones Internet Bull 3X ETF
WEBL
$99.6M
| $1.35M | ﹤0.01% |
44,995
-2,328
| -5% | -$52K |
|
6691
PUT
Community Bank
CBU
$3.46B
| $1.35M | ﹤0.01% |
+23,700
| New | +$1.32M |
|
6692
Groupon
GRPN
$826M
| $1.35M | ﹤0.01% |
40,293
-87,384
| -68% | -$2.23M |
|
6693
PUT
NewAmsterdam Pharma
NAMS
$3.22B
| $1.35M | ﹤0.01% |
74,400
-12,100
| -14% | -$221K |
|
6694
Core Scientific Inc Tranche 1 Warrants
CORZW
$1.32B
| $1.35M | ﹤0.01% |
124,166
| – | – |
|
6695
Enact Holdings
ACT
$6.87B
| $1.35M | ﹤0.01% |
36,253
-35,363
| -49% | -$1.26M |
|
6696
PUT
Century Communities
CCS
$2B
| $1.35M | ﹤0.01% |
23,900
+16,300
| +214% | +$914K |
|
|
CGC
6697
Canopy Growth
CGC
$422M
| $1.34M | ﹤0.01% |
1,102,059
+315
| +0% | +$419 |
|
6698
PUT
Shutterstock
SSTK
$200M
| $1.34M | ﹤0.01% |
+70,900
| New | +$1.25M |
|
|
MNTN
6699
MNTN Inc
MNTN
$937M
| $1.34M | ﹤0.01% |
+61,410
| New | +$1.41M |
|
|
LX
6700
PUT
LexinFintech Holdings
LX
$224M
| $1.34M | ﹤0.01% |
186,100
-55,500
| -23% | -$431K |
|
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.