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 | |
|---|---|---|---|---|---|---|
751
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.5B
| $100M | 0.01% |
2,995,700
-48,800
| -2% | -$1.37M |
|
752
CALL
Dominion Energy
D
$60.3B
| $100M | 0.01% |
1,776,700
+1,063,800
| +149% | +$58.3M |
|
|
DOCU
753
CALL
DocuSign
DOCU
$12.2B
| $100M | 0.01% |
1,287,600
+229,400
| +22% | +$18.6M |
|
754
CALL
Stanley Black & Decker
SWK
$15.4B
| $100M | 0.01% |
1,480,200
+898,400
| +154% | +$58M |
|
755
Strategy Inc
MSTR
$38.2B
| $99.7M | 0.01% |
246,720
-605,018
| -71% | -$220M |
|
756
PUT
Progressive
PGR
$121B
| $99.6M | 0.01% |
373,400
-122,900
| -25% | -$33.7M |
|
|
HES
757
CALL
DELISTED
Hess
HES
| $99.2M | 0.01% |
716,100
+142,000
| +25% | +$19.2M |
|
758
CALL
GraniteShares 2x Long COIN Daily ETF
CONL
$431M
| $99.1M | 0.01% |
2,148,100
+1,876,900
| +692% | +$44.1M |
|
759
PUT
Autodesk
ADSK
$54.5B
| $99M | 0.01% |
319,900
-73,600
| -19% | -$20.9M |
|
760
PUT
Core Scientific
CORZ
$6.36B
| $98.8M | 0.01% |
5,789,100
+2,061,100
| +55% | +$20.6M |
|
761
CALL
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.17B
| $98.7M | 0.01% |
2,515,500
-862,200
| -26% | -$33.3M |
|
762
PUT
TransDigm Group
TDG
$68.9B
| $98.7M | 0.01% |
64,900
+1,200
| +2% | +$1.69M |
|
763
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.67B
| $98.5M | 0.01% |
1,006,940
+674,400
| +203% | +$96.7M |
|
764
CALL
Corning
GLW
$137B
| $98.4M | 0.01% |
1,871,000
-299,700
| -14% | -$14M |
|
765
PUT
Coherent
COHR
$64B
| $98.1M | 0.01% |
1,099,300
+364,300
| +50% | +$26.2M |
|
766
CALL
BP
BP
$110B
| $98M | 0.01% |
3,272,900
-451,600
| -12% | -$13.2M |
|
767
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $97.8M | 0.01% |
1,208,000
-25,000
| -2% | -$2.03M |
|
768
CALL
Southwest Airlines
LUV
$22B
| $97.7M | 0.01% |
3,013,200
+490,600
| +19% | +$14.8M |
|
769
PUT
On Holding
ONON
$10.6B
| $97.6M | 0.01% |
1,875,500
+423,200
| +29% | +$21.6M |
|
770
DraftKings
DKNG
$12.6B
| $97.2M | 0.01% |
2,266,489
+903,831
| +66% | +$32.4M |
|
771
PUT
Paychex
PAYX
$44.6B
| $97.1M | 0.01% |
667,800
+329,700
| +98% | +$49.6M |
|
772
lululemon athletica
LULU
$13.6B
| $97.1M | 0.01% |
408,786
+55,479
| +16% | +$15.3M |
|
|
NVO
773
Novo Nordisk
NVO
$205B
| $97.1M | 0.01% |
1,406,758
-8,155
| -0.6% | -$555K |
|
|
EA
774
CALL
DELISTED
Electronic Arts
EA
| $96.8M | 0.01% |
606,400
-78,200
| -11% | -$11.6M |
|
775
PUT
Duke Energy
DUK
$97.1B
| $96.7M | 0.01% |
819,500
+25,900
| +3% | +$3.06M |
|
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.