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 | |
|---|---|---|---|---|---|---|
1051
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.8B
| $60M | 0.01% |
552,500
+250,600
| +83% | +$24.7M |
|
1052
Dimensional World ex US Core Equity 2 ETF
DFAX
$12.5B
| $59.9M | 0.01% |
+2,040,938
| New | +$56.2M |
|
1053
Nu Holdings
NU
$67.3B
| $59.6M | 0.01% |
4,344,934
-101,118
| -2% | -$1.21M |
|
1054
PUT
ProShares Ultra Bloomberg Natural Gas
BOIL
$402M
| $59.4M | 0.01% |
644,100
+122,600
| +24% | +$14.2M |
|
1055
CALL
Suncor Energy
SU
$76.5B
| $59.2M | 0.01% |
1,580,900
+190,500
| +14% | +$6.89M |
|
1056
CALL
Trump Media & Technology Group
DJT
$2.31B
| $59.1M | 0.01% |
3,277,200
+2,116,000
| +182% | +$46M |
|
|
SEZL
1057
CALL
Sezzle
SEZL
$4.37B
| $59M | 0.01% |
+329,200
| New | +$29.1M |
|
1058
PUT
Travelers Companies
TRV
$77.2B
| $58.9M | 0.01% |
220,300
+108,800
| +98% | +$28.7M |
|
1059
PUT
Archer Aviation
ACHR
$5.37B
| $58.8M | 0.01% |
5,421,300
+929,000
| +21% | +$8.69M |
|
1060
CALL
Mondelez International
MDLZ
$81.1B
| $58.8M | 0.01% |
871,700
-157,000
| -15% | -$10.5M |
|
1061
AutoZone
AZO
$49.6B
| $58.6M | 0.01% |
15,792
+12,099
| +328% | +$44.6M |
|
|
BPMC
1062
PUT
DELISTED
Blueprint Medicines
BPMC
| $58.6M | 0.01% |
457,300
+250,700
| +121% | +$26M |
|
1063
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$15.2B
| $58.6M | 0.01% |
535,300
+162,500
| +44% | +$16.1M |
|
1064
Dollar Tree
DLTR
$24.9B
| $58.5M | 0.01% |
591,169
+373,489
| +172% | +$32.2M |
|
1065
PUT
BJs Wholesale Club
BJ
$11.9B
| $58.5M | 0.01% |
542,700
+202,700
| +60% | +$23.1M |
|
1066
CALL
Oscar Health
OSCR
$9.5B
| $58.4M | 0.01% |
2,725,700
+1,802,300
| +195% | +$26.8M |
|
1067
PUT
Arthur J. Gallagher & Co
AJG
$65B
| $58.4M | 0.01% |
182,500
+158,300
| +654% | +$52.2M |
|
1068
PUT
Insulet
PODD
$10.2B
| $58.2M | 0.01% |
185,200
+63,600
| +52% | +$18.4M |
|
1069
PUT
ZIM Integrated Shipping Services
ZIM
$3.23B
| $58M | 0.01% |
3,605,500
-1,403,700
| -28% | -$22.1M |
|
1070
CALL
Fidelity Wise Origin Bitcoin Fund
FBTC
$11.8B
| $58M | 0.01% |
617,200
-40,100
| -6% | -$3.45M |
|
1071
PUT
Southern Company
SO
$107B
| $57.9M | 0.01% |
630,200
+178,300
| +39% | +$16M |
|
1072
CALL
Transmedics
TMDX
$3.11B
| $57.7M | 0.01% |
430,800
+153,700
| +55% | +$16.9M |
|
1073
CALL
Petrobras
PBR
$115B
| $57.5M | 0.01% |
4,597,000
+476,800
| +12% | +$5.71M |
|
1074
CALL
United States Natural Gas Fund
UNG
$489M
| $57.5M | 0.01% |
3,763,400
+1,303,600
| +53% | +$22.5M |
|
1075
CALL
KE Holdings
BEKE
$18.7B
| $57.2M | 0.01% |
3,227,100
+676,200
| +27% | +$13M |
|
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.