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 | |
|---|---|---|---|---|---|---|
9676
Putnam Focused Large Cap Growth ETF
PGRO
$215M
| $401K | ﹤0.01% |
+9,752
| New | +$360K |
|
9677
Citizens & Northern Corp
CZNC
$466M
| $401K | ﹤0.01% |
21,152
-145
| -0.7% | -$2.75K |
|
9678
Anterix
ATEX
$1.79B
| $400K | ﹤0.01% |
15,614
+1,958
| +14% | +$57.3K |
|
9679
Greystone Housing Impact Investors LP
GHI
$141M
| $400K | ﹤0.01% |
35,370
-5,726
| -14% | -$67K |
|
9680
PUT
Aegon
AEG
$14B
| $400K | ﹤0.01% |
55,300
+27,600
| +100% | +$184K |
|
|
PSTL
9681
Postal Realty Trust
PSTL
$696M
| $400K | ﹤0.01% |
27,173
-2,123
| -7% | -$29.1K |
|
9682
Perspective Therapeutics
CATX
$365M
| $400K | ﹤0.01% |
116,346
+31,016
| +36% | +$81.9K |
|
9683
PUT
Privia Health
PRVA
$2.81B
| $400K | ﹤0.01% |
+17,400
| New | +$403K |
|
9684
FRP Holdings
FRPH
$425M
| $400K | ﹤0.01% |
14,876
-1,808
| -11% | -$49K |
|
9685
First Bancorp
FNLC
$402M
| $400K | ﹤0.01% |
15,739
+258
| +2% | +$6.25K |
|
|
NSA
9686
CALL
DELISTED
National Storage Affiliates Trust
NSA
| $400K | ﹤0.01% |
12,500
-5,400
| -30% | -$188K |
|
9687
Tredegar Corp
TG
$276M
| $400K | ﹤0.01% |
45,412
+7,611
| +20% | +$61.4K |
|
9688
PUT
Saratoga Investment
SAR
$304M
| $399K | ﹤0.01% |
+16,100
| New | +$389K |
|
9689
FT Vest US Small Cap Moderate Buffer ETF November
SNOV
$118M
| $399K | ﹤0.01% |
17,279
-30,637
| -64% | -$679K |
|
|
XMAG
9690
Defiance Large Cap ex-Mag 7 ETF
XMAG
$177M
| $399K | ﹤0.01% |
18,812
-21,619
| -53% | -$429K |
|
9691
PUT
Artisan Partners
APAM
$2.99B
| $399K | ﹤0.01% |
9,000
+1,500
| +20% | +$59.9K |
|
9692
CVRx
CVRX
$82.1M
| $399K | ﹤0.01% |
67,850
+31,738
| +88% | +$219K |
|
|
KLC
9693
PUT
KinderCare Learning Companies
KLC
$308M
| $399K | ﹤0.01% |
39,500
+6,700
| +20% | +$77.5K |
|
9694
HBT Financial
HBT
$1.35B
| $399K | ﹤0.01% |
15,823
-1,368
| -8% | -$32K |
|
9695
Innovator US Equity Accelerated 9 Buffer ETF April
XBAP
$133M
| $399K | ﹤0.01% |
10,851
-49,087
| -82% | -$1.73M |
|
9696
TrueShares Structured Outcome September ETF
SEPZ
$132M
| $399K | ﹤0.01% |
10,004
-4,662
| -32% | -$175K |
|
9697
CALL
Tejon Ranch
TRC
$442M
| $399K | ﹤0.01% |
23,500
+500
| +2% | +$8.24K |
|
9698
PUT
Edgewise Therapeutics
EWTX
$4.8B
| $399K | ﹤0.01% |
30,400
-52,000
| -63% | -$750K |
|
|
TBRG
9699
PUT
DELISTED
TruBridge
TBRG
| $398K | ﹤0.01% |
17,000
-23,700
| -58% | -$581K |
|
9700
ProShares UltraPro Short Russell2000
SRTY
$65.3M
| $398K | ﹤0.01% |
5,815
-9,854
| -63% | -$875K |
|
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.