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 | |
|---|---|---|---|---|---|---|
6776
CALL
ANI Pharmaceuticals
ANIP
$1.75B
| $1.3M | ﹤0.01% |
19,900
+14,500
| +269% | +$944K |
|
6777
CALL
AptarGroup
ATR
$8.38B
| $1.3M | ﹤0.01% |
8,300
+2,300
| +38% | +$347K |
|
6778
CALL
Dorian LPG
LPG
$2.07B
| $1.3M | ﹤0.01% |
53,200
+30,300
| +132% | +$671K |
|
6779
CALL
Invesco China Technology ETF
CQQQ
$3.23B
| $1.3M | ﹤0.01% |
29,300
+11,100
| +61% | +$468K |
|
6780
CALL
Credicorp
BAP
$30.1B
| $1.3M | ﹤0.01% |
5,800
-1,300
| -18% | -$264K |
|
6781
ProShares UltraShort S&P500
SDS
$375M
| $1.3M | ﹤0.01% |
+15,563
| New | +$1.55M |
|
6782
PUT
Atlanta Braves Holdings Series B
BATRK
$3.38B
| $1.3M | ﹤0.01% |
27,700
+16,300
| +143% | +$666K |
|
6783
CALL
Schwab U.S Small- Cap ETF
SCHA
$23.8B
| $1.3M | ﹤0.01% |
51,200
+9,500
| +23% | +$225K |
|
|
IRBT
6784
PUT
DELISTED
iRobot
IRBT
| $1.29M | ﹤0.01% |
413,500
+107,200
| +35% | +$296K |
|
6785
ProShares Ultra Bloomberg Natural Gas
BOIL
$358M
| $1.29M | ﹤0.01% |
14,042
-75,091
| -84% | -$8.7M |
|
6786
Fidelity Enhanced Large Cap Growth ETF
FELG
$5.78B
| $1.29M | ﹤0.01% |
34,945
-5,381
| -13% | -$180K |
|
6787
PUT
Procore
PCOR
$8.87B
| $1.29M | ﹤0.01% |
18,900
-57,500
| -75% | -$3.76M |
|
|
SOBO
6788
CALL
South Bow Corp
SOBO
$7.67B
| $1.29M | ﹤0.01% |
49,900
-52,500
| -51% | -$1.34M |
|
6789
iShares Blockchain and Tech ETF
IBLC
$81.8M
| $1.29M | ﹤0.01% |
+32,908
| New | +$999K |
|
6790
CALL
A2Z Smart Technologies
AZ
$326M
| $1.29M | ﹤0.01% |
122,100
+103,500
| +556% | +$886K |
|
|
AAT
6791
American Assets Trust
AAT
$1.4B
| $1.29M | ﹤0.01% |
65,343
+6,716
| +11% | +$131K |
|
6792
CALL
NGL Energy Partners
NGL
$2.29B
| $1.29M | ﹤0.01% |
302,100
-29,500
| -9% | -$106K |
|
|
PMT
6793
CALL
PennyMac Mortgage Investment
PMT
$839M
| $1.29M | ﹤0.01% |
100,300
-13,600
| -12% | -$173K |
|
6794
PUT
Fastly Inc
FSLY
$4.63B
| $1.29M | ﹤0.01% |
182,500
-330,300
| -64% | -$2.21M |
|
6795
PUT
Cullinan Oncology
CGEM
$1.33B
| $1.29M | ﹤0.01% |
+171,100
| New | +$1.37M |
|
6796
Universal Display
OLED
$3.98B
| $1.29M | ﹤0.01% |
8,341
-49,109
| -85% | -$6.88M |
|
|
HOOG
6797
Leverage Shares 2X Long HOOD Daily ETF
HOOG
$64M
| $1.29M | ﹤0.01% |
+23,191
| New | +$578K |
|
|
ATYR
6798
aTyr Pharma
ATYR
$50.9M
| $1.29M | ﹤0.01% |
254,018
-1,479,063
| -85% | -$5.82M |
|
6799
Phathom Pharmaceuticals
PHAT
$751M
| $1.29M | ﹤0.01% |
134,208
-26,930
| -17% | -$149K |
|
|
JBTM
6800
CALL
JBT Marel
JBTM
$6.23B
| $1.29M | ﹤0.01% |
10,700
-2,600
| -20% | -$291K |
|
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.