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 | |
|---|---|---|---|---|---|---|
826
CALL
AstraZeneca
AZN
$244B
| $87.4M | 0.01% |
625,050
-138,200
| -18% | -$19.4M |
|
827
CALL
Cintas
CTAS
$80.3B
| $86.9M | 0.01% |
390,100
-94,200
| -19% | -$20.3M |
|
828
CALL
Invesco NASDAQ 100 ETF
QQQM
$104B
| $86.9M | 0.01% |
382,500
+210,000
| +122% | +$43M |
|
829
CALL
FTAI Aviation
FTAI
$22.2B
| $86.7M | 0.01% |
754,000
-433,400
| -36% | -$48.5M |
|
830
PUT
EQT Corp
EQT
$33.8B
| $86.6M | 0.01% |
1,484,500
+511,100
| +53% | +$27.6M |
|
831
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.58B
| $86.5M | 0.01% |
3,141,913
-2,007,493
| -39% | -$53M |
|
832
CALL
Johnson Controls International
JCI
$91.7B
| $86.5M | 0.01% |
818,900
-5,000
| -0.6% | -$460K |
|
833
CALL
Sunrun
RUN
$2.37B
| $86.4M | 0.01% |
10,559,300
+7,930,900
| +302% | +$62.4M |
|
834
Ford
F
$55.4B
| $86.3M | 0.01% |
7,957,185
-1,704,711
| -18% | -$17.4M |
|
835
Hilton Worldwide
HLT
$72.2B
| $86.3M | 0.01% |
323,965
+189,996
| +142% | +$45.2M |
|
836
PUT
Alcoa
AA
$13.1B
| $86.2M | 0.01% |
2,922,100
+1,436,400
| +97% | +$38.8M |
|
837
Regeneron Pharmaceuticals
REGN
$83B
| $86.1M | 0.01% |
164,092
+12,634
| +8% | +$7.05M |
|
838
CALL
iShares US Aerospace & Defense ETF
ITA
$14.9B
| $86.1M | 0.01% |
456,500
+110,900
| +32% | +$18.4M |
|
839
Alibaba
BABA
$293B
| $86M | 0.01% |
758,741
-646,884
| -46% | -$76.6M |
|
840
PUT
Dow Inc
DOW
$21.9B
| $85.9M | 0.01% |
3,244,100
+1,145,000
| +55% | +$33.3M |
|
841
CALL
Domino's
DPZ
$11.6B
| $85.8M | 0.01% |
190,400
+31,500
| +20% | +$14.8M |
|
842
PUT
Wayfair
W
$13.9B
| $85.7M | 0.01% |
1,674,900
-963,900
| -37% | -$36M |
|
843
PUT
Prologis
PLD
$134B
| $85.5M | 0.01% |
813,700
+267,500
| +49% | +$28.1M |
|
844
PUT
Darden Restaurants
DRI
$25.4B
| $85.4M | 0.01% |
392,000
+45,300
| +13% | +$9.4M |
|
845
Constellation Brands
STZ
$23.3B
| $85.4M | 0.01% |
525,123
+342,488
| +188% | +$61.4M |
|
846
PUT
PG&E
PCG
$38.5B
| $85.3M | 0.01% |
6,117,100
+2,045,700
| +50% | +$33.3M |
|
847
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.33B
| $85.2M | 0.01% |
1,260,200
+83,600
| +7% | +$5.29M |
|
848
PUT
Agnico Eagle Mines
AEM
$91.3B
| $84.9M | 0.01% |
714,200
-611,800
| -46% | -$71M |
|
849
Accenture
ACN
$109B
| $84.9M | 0.01% |
284,047
+217,790
| +329% | +$66.3M |
|
850
Philip Morris
PM
$294B
| $84.7M | 0.01% |
465,031
+149,469
| +47% | +$25.7M |
|
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.