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 | |
|---|---|---|---|---|---|---|
|
CTEV
6801
CALL
Claritev Corp
CTEV
$646M
| $1.29M | ﹤0.01% |
28,500
+800
| +3% | +$23K |
|
6802
PUT
iShares MSCI Turkey ETF
TUR
$221M
| $1.28M | ﹤0.01% |
39,800
-82,300
| -67% | -$2.58M |
|
|
AIOT
6803
CALL
PowerFleet Inc
AIOT
$387M
| $1.28M | ﹤0.01% |
297,800
-17,500
| -6% | -$86.5K |
|
6804
PUT
Enpro
NPO
$7.27B
| $1.28M | ﹤0.01% |
6,700
-6,400
| -49% | -$1.09M |
|
6805
Cimpress
CMPR
$2.3B
| $1.28M | ﹤0.01% |
27,305
-6,177
| -18% | -$270K |
|
6806
Univest Financial
UVSP
$1.19B
| $1.28M | ﹤0.01% |
42,720
-1,040
| -2% | -$30.3K |
|
|
CVAC
6807
CALL
DELISTED
CureVac
CVAC
| $1.28M | ﹤0.01% |
236,100
+201,100
| +575% | +$798K |
|
6808
CALL
UFP Industries
UFPI
$4.96B
| $1.28M | ﹤0.01% |
12,900
-4,700
| -27% | -$474K |
|
6809
Collegium Pharmaceutical
COLL
$875M
| $1.28M | ﹤0.01% |
43,339
-6,346
| -13% | -$181K |
|
6810
Tompkins Financial
TMP
$1.44B
| $1.28M | ﹤0.01% |
20,424
-7,628
| -27% | -$464K |
|
6811
Guinness Atkinson Dividend Builder ETF
DIVS
$41.5M
| $1.28M | ﹤0.01% |
41,616
-1,240
| -3% | -$36.7K |
|
6812
nLIGHT
LASR
$3.12B
| $1.28M | ﹤0.01% |
65,077
+7,910
| +14% | +$98.3K |
|
6813
PUT
Klaviyo
KVYO
$4.99B
| $1.28M | ﹤0.01% |
38,100
-7,900
| -17% | -$250K |
|
6814
PUT
Tanger
SKT
$4.41B
| $1.28M | ﹤0.01% |
41,800
+29,700
| +245% | +$911K |
|
6815
CALL
Kimco Realty
KIM
$16.4B
| $1.28M | ﹤0.01% |
60,800
+17,200
| +39% | +$357K |
|
6816
Xtrackers Municipal Infrastructure Revenue Bond Active ETF
RVNU
$143M
| $1.28M | ﹤0.01% |
53,249
+867
| +2% | +$20.8K |
|
6817
PUT
First Financial Bankshares
FFIN
$5B
| $1.28M | ﹤0.01% |
35,500
+2,300
| +7% | +$79.7K |
|
6818
JPMorgan BetaBuilders US Treasury Bond 3-10 Year ETF
BBIB
$54.2M
| $1.28M | ﹤0.01% |
12,862
-870
| -6% | -$85.5K |
|
6819
WisdomTree Trust WisdomTree US SmallCap Quality Dividend Growth Fund
DGRS
$420M
| $1.28M | ﹤0.01% |
27,408
+9,643
| +54% | +$433K |
|
6820
CareDx
CDNA
$2.4B
| $1.27M | ﹤0.01% |
65,244
-56,462
| -46% | -$1M |
|
|
SAGE
6821
DELISTED
Sage Therapeutics
SAGE
| $1.27M | ﹤0.01% |
139,666
-60,320
| -30% | -$444K |
|
6822
CALL
Zevra Therapeutics
ZVRA
$685M
| $1.27M | ﹤0.01% |
144,500
+91,600
| +173% | +$743K |
|
|
DRD
6823
CALL
DRDGold
DRD
$2.13B
| $1.27M | ﹤0.01% |
95,500
-31,200
| -25% | -$462K |
|
6824
PUT
United Microelectronic
UMC
$49B
| $1.27M | ﹤0.01% |
166,300
+129,500
| +352% | +$961K |
|
6825
CALL
Alpha Pro Tech
APT
$54.7M
| $1.27M | ﹤0.01% |
271,100
+239,500
| +758% | +$1.09M |
|
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.