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 | |
|---|---|---|---|---|---|---|
9451
PUT
Immunome
IMNM
$3.09B
| $444K | ﹤0.01% |
47,700
-1,214,300
| -96% | -$9.96M |
|
9452
CALL
Upwork
UPWK
$1.06B
| $444K | ﹤0.01% |
33,000
-117,100
| -78% | -$1.68M |
|
9453
FT Vest US Equity Buffer ETF November
FNOV
$1.24B
| $443K | ﹤0.01% |
+8,850
| New | +$419K |
|
|
CWBC
9454
Community West Bancshares
CWBC
$708M
| $443K | ﹤0.01% |
22,725
-646
| -3% | -$11.5K |
|
9455
iShares MSCI Saudi Arabia ETF
KSA
$624M
| $443K | ﹤0.01% |
+11,497
| New | +$451K |
|
9456
Acco Brands
ACCO
$401M
| $443K | ﹤0.01% |
123,751
-88,773
| -42% | -$328K |
|
9457
Regional Management Corp
RM
$309M
| $443K | ﹤0.01% |
15,151
+1,224
| +9% | +$35.6K |
|
9458
Polen Capital Global Growth ETF
PCGG
$6.07M
| $442K | ﹤0.01% |
36,945
+26,301
| +247% | +$299K |
|
9459
CALL
Stellus Capital Investment Corp
SCM
$250M
| $442K | ﹤0.01% |
31,700
-48,700
| -61% | -$643K |
|
9460
Protalix BioTherapeutics
PLX
$179M
| $442K | ﹤0.01% |
298,567
-560,083
| -65% | -$1.15M |
|
9461
Home Bancorp
HBCP
$566M
| $442K | ﹤0.01% |
8,530
-1,230
| -13% | -$59.8K |
|
9462
PUT
Hanover Insurance
THG
$7.84B
| $442K | ﹤0.01% |
+2,600
| New | +$434K |
|
9463
Matthews Asia Innovators Active ETF
MINV
$167M
| $442K | ﹤0.01% |
+14,143
| New | +$405K |
|
9464
CALL
ESCO Technologies
ESE
$7.92B
| $441K | ﹤0.01% |
+2,300
| New | +$393K |
|
|
TPLE
9465
DELISTED
Timothy Plan US Large/Mid Cap Core Enhanced ETF
TPLE
| $441K | ﹤0.01% |
16,488
+1,879
| +13% | +$47.8K |
|
9466
PUT
QuidelOrtho
QDEL
$981M
| $441K | ﹤0.01% |
15,300
-25,600
| -63% | -$757K |
|
9467
TrueShares Structured Outcome August ETF
AUGZ
$44M
| $441K | ﹤0.01% |
10,891
-4,736
| -30% | -$180K |
|
|
NA
9468
CALL
Nano Labs
NA
$43.4M
| $440K | ﹤0.01% |
+47,400
| New | +$288K |
|
9469
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$151M
| $440K | ﹤0.01% |
20,781
+10,781
| +108% | +$211K |
|
9470
ECB Bancorp
ECBK
$181M
| $440K | ﹤0.01% |
28,470
-5,348
| -16% | -$84K |
|
9471
PUT
Turning Point Brands
TPB
$1.75B
| $439K | ﹤0.01% |
5,800
-7,000
| -55% | -$476K |
|
9472
Dorchester Minerals
DMLP
$1.36B
| $439K | ﹤0.01% |
15,761
+2,035
| +15% | +$57.2K |
|
9473
PUT
BlackRock TCP Capital
TCPC
$342M
| $439K | ﹤0.01% |
57,000
+11,400
| +25% | +$83.7K |
|
9474
PUT
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $439K | ﹤0.01% |
4,500
-230,700
| -98% | -$19.5M |
|
9475
PUT
Tiptree Inc
TIPT
$672M
| $439K | ﹤0.01% |
+18,600
| New | +$415K |
|
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.