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 | |
|---|---|---|---|---|---|---|
951
CALL
Wheaton Precious Metals
WPM
$59.9B
| $70.5M | 0.01% |
785,500
-276,500
| -26% | -$23.3M |
|
952
PUT
Shell
SHEL
$248B
| $70.4M | 0.01% |
1,000,400
+5,800
| +0.6% | +$389K |
|
953
CALL
MetLife
MET
$61.9B
| $70.3M | 0.01% |
874,500
-176,600
| -17% | -$13.6M |
|
954
Coca-Cola
KO
$376B
| $69.8M | 0.01% |
986,954
+416,865
| +73% | +$29.7M |
|
955
PUT
Credo Technology Group
CRDO
$49.6B
| $69.8M | 0.01% |
753,800
+200,500
| +36% | +$11.7M |
|
956
PUT
Las Vegas Sands
LVS
$29.6B
| $69.8M | 0.01% |
1,603,500
+108,700
| +7% | +$4.23M |
|
957
PUT
iShares US Home Construction ETF
ITB
$2.37B
| $69.7M | 0.01% |
748,000
+139,000
| +23% | +$12.7M |
|
958
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$278M
| $69.5M | 0.01% |
741,820
+221,880
| +43% | +$29.4M |
|
959
CALL
Hewlett Packard
HPE
$79.2B
| $69.5M | 0.01% |
3,400,700
+694,800
| +26% | +$11.6M |
|
960
CALL
HubSpot
HUBS
$12B
| $69.4M | 0.01% |
124,600
+13,700
| +12% | +$8.02M |
|
961
CALL
Prologis
PLD
$134B
| $69.3M | 0.01% |
659,600
+125,800
| +24% | +$13.2M |
|
962
PUT
Rigetti Computing
RGTI
$6.21B
| $69.2M | 0.01% |
5,831,100
+1,773,100
| +44% | +$18.7M |
|
963
CALL
Atlassian
TEAM
$42.1B
| $68.9M | 0.01% |
339,200
-168,800
| -33% | -$35.1M |
|
964
CALL
Cummins
CMI
$87B
| $68.9M | 0.01% |
210,300
+10,900
| +5% | +$3.37M |
|
965
NextEra Energy
NEE
$179B
| $68.9M | 0.01% |
992,123
+111,062
| +13% | +$7.71M |
|
966
PUT
iShares MSCI South Korea ETF
EWY
$27.6B
| $68.7M | 0.01% |
957,400
+215,900
| +29% | +$13M |
|
967
Bank of America
BAC
$448B
| $68.7M | 0.01% |
1,450,839
+346,914
| +31% | +$14.6M |
|
968
CALL
TKO Group
TKO
$14.6B
| $68.6M | 0.01% |
377,200
-173,100
| -31% | -$27.8M |
|
969
PUT
MP Materials
MP
$9.91B
| $68.5M | 0.01% |
2,059,500
+1,301,200
| +172% | +$33.2M |
|
970
PUT
Johnson Controls International
JCI
$91.7B
| $68.4M | 0.01% |
647,400
+338,400
| +110% | +$31.1M |
|
971
American Express
AXP
$232B
| $68.2M | 0.01% |
213,772
+12,023
| +6% | +$3.38M |
|
972
Alnylam Pharmaceuticals
ALNY
$30.4B
| $67.9M | 0.01% |
208,262
+137,797
| +196% | +$38.1M |
|
973
MongoDB
MDB
$38B
| $67.8M | 0.01% |
323,008
+252,493
| +358% | +$46.7M |
|
974
PUT
SAP
SAP
$242B
| $67.6M | 0.01% |
222,400
-89,900
| -29% | -$25.8M |
|
975
CALL
Oneok
OKE
$58.4B
| $67.6M | 0.01% |
828,400
+335,000
| +68% | +$27.9M |
|
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.