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 | |
|---|---|---|---|---|---|---|
701
PUT
Iris Energy
IREN
$16B
| $112M | 0.02% |
7,656,400
-500,100
| -6% | -$4.06M |
|
702
General Motors
GM
$75.8B
| $111M | 0.02% |
2,264,855
+1,187,803
| +110% | +$56.3M |
|
703
CALL
ON Semiconductor
ON
$31.8B
| $111M | 0.02% |
2,124,700
-59,000
| -3% | -$2.56M |
|
704
CALL
Duke Energy
DUK
$97.1B
| $111M | 0.02% |
941,100
-445,600
| -32% | -$52.6M |
|
705
Celsius Holdings
CELH
$7.28B
| $111M | 0.02% |
2,386,802
+1,912,849
| +404% | +$73.7M |
|
706
CALL
Seagate
STX
$209B
| $111M | 0.02% |
765,800
+255,500
| +50% | +$26.5M |
|
707
CALL
Williams Companies
WMB
$89.3B
| $110M | 0.02% |
1,755,200
-99,100
| -5% | -$5.85M |
|
708
CALL
International Paper
IP
$21.8B
| $110M | 0.02% |
2,348,400
+411,400
| +21% | +$19.4M |
|
709
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$402M
| $110M | 0.02% |
1,191,000
-60,350
| -5% | -$7M |
|
710
PUT
Valero Energy
VLO
$98.7B
| $110M | 0.02% |
815,500
-128,800
| -14% | -$16.1M |
|
|
FISV
711
PUT
Fiserv Inc
FISV
$29.5B
| $109M | 0.02% |
633,100
+381,800
| +152% | +$69.2M |
|
712
CALL
AB InBev
BUD
$158B
| $109M | 0.02% |
1,586,800
+15,400
| +1% | +$1.03M |
|
713
CALL
Prudential Financial
PRU
$43B
| $109M | 0.02% |
1,014,200
+267,900
| +36% | +$27.8M |
|
714
PUT
C3.ai
AI
$1.58B
| $109M | 0.02% |
4,427,000
+1,389,000
| +46% | +$31.8M |
|
715
CALL
Truist Financial
TFC
$64.7B
| $109M | 0.02% |
2,528,800
+475,800
| +23% | +$18.6M |
|
716
PUT
Insmed
INSM
$27.6B
| $109M | 0.02% |
1,079,200
+627,800
| +139% | +$48M |
|
717
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.41B
| $109M | 0.02% |
625,700
+215,900
| +53% | +$30.4M |
|
718
CALL
Pinterest
PINS
$13.2B
| $109M | 0.02% |
3,027,400
+433,100
| +17% | +$13.1M |
|
719
PUT
Rivian
RIVN
$22.9B
| $108M | 0.02% |
7,866,700
-1,684,500
| -18% | -$22.9M |
|
|
MSTX
720
CALL
Defiance Daily Target 2x Long MSTR ETF
MSTX
$138M
| $108M | 0.02% |
267,290
+157,160
| +143% | +$55.8M |
|
721
Linde
LIN
$220B
| $107M | 0.01% |
227,953
+178,363
| +360% | +$81.4M |
|
722
PUT
W.W. Grainger
GWW
$62.2B
| $107M | 0.01% |
102,800
+69,900
| +212% | +$72.6M |
|
723
CALL
Nu Holdings
NU
$67.3B
| $106M | 0.01% |
7,757,100
+2,478,800
| +47% | +$29.7M |
|
724
Trade Desk
TTD
$6.84B
| $106M | 0.01% |
1,478,223
-118,260
| -7% | -$7.55M |
|
725
PUT
Invesco NASDAQ 100 ETF
QQQM
$104B
| $106M | 0.01% |
467,300
+413,600
| +770% | +$84.7M |
|
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.