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 | |
|---|---|---|---|---|---|---|
1076
PUT
Zillow
Z
$8.08B
| $57.2M | 0.01% |
816,100
+159,500
| +24% | +$10.7M |
|
1077
CALL
NIO
NIO
$11.3B
| $57M | 0.01% |
16,631,600
-971,500
| -6% | -$3.62M |
|
1078
PUT
Diamondback Energy
FANG
$55.9B
| $57M | 0.01% |
415,100
+108,600
| +35% | +$15M |
|
1079
Abbott
ABT
$193B
| $57M | 0.01% |
418,836
+129,614
| +45% | +$17.1M |
|
1080
PUT
Advance Auto Parts
AAP
$3.46B
| $56.9M | 0.01% |
1,224,400
+275,100
| +29% | +$11M |
|
1081
PUT
Alnylam Pharmaceuticals
ALNY
$30.4B
| $56.6M | 0.01% |
173,500
-45,500
| -21% | -$12.6M |
|
1082
PUT
International Paper
IP
$21.8B
| $56.5M | 0.01% |
1,207,300
-106,000
| -8% | -$5.01M |
|
1083
PUT
Snap
SNAP
$8.96B
| $56.5M | 0.01% |
6,501,900
+54,300
| +0.8% | +$451K |
|
1084
iShares MSCI Emerging Markets ex China ETF
EMXC
$24.7B
| $56.5M | 0.01% |
894,674
+772,936
| +635% | +$45M |
|
1085
CALL
Trane Technologies
TT
$105B
| $56.3M | 0.01% |
128,600
+57,000
| +80% | +$22.5M |
|
1086
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.58B
| $56.1M | 0.01% |
2,036,900
-5,022,000
| -71% | -$133M |
|
1087
CALL
Iris Energy
IREN
$16B
| $56.1M | 0.01% |
3,849,300
+2,189,600
| +132% | +$17.8M |
|
1088
PUT
Warner Bros
WBD
$69.6B
| $56.1M | 0.01% |
4,892,700
-3,051,400
| -38% | -$28.5M |
|
1089
PUT
D-Wave Quantum Inc. Common Stock
QBTS
$7.78B
| $56M | 0.01% |
3,823,100
+2,424,400
| +173% | +$28.5M |
|
1090
Williams Companies
WMB
$89.3B
| $55.9M | 0.01% |
889,714
+326,371
| +58% | +$19.3M |
|
1091
CALL
TransDigm Group
TDG
$68.9B
| $55.8M | 0.01% |
36,700
+3,700
| +11% | +$5.2M |
|
1092
PUT
Builders FirstSource
BLDR
$7.91B
| $55.7M | 0.01% |
477,200
+267,600
| +128% | +$30.9M |
|
1093
Monolithic Power Systems
MPWR
$67B
| $55.6M | 0.01% |
76,073
+11,231
| +17% | +$7.16M |
|
1094
PUT
Best Buy
BBY
$18B
| $55.6M | 0.01% |
828,300
-451,300
| -35% | -$30.7M |
|
1095
CALL
Ecolab
ECL
$77.4B
| $55.6M | 0.01% |
206,200
+60,000
| +41% | +$15.3M |
|
1096
AT&T
T
$168B
| $55.5M | 0.01% |
1,916,235
+922,751
| +93% | +$25.4M |
|
1097
Archer Aviation
ACHR
$5.37B
| $55.3M | 0.01% |
5,101,192
+1,725,674
| +51% | +$16.2M |
|
1098
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$278M
| $55.2M | 0.01% |
588,340
-105,360
| -15% | -$14M |
|
|
WBA
1099
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $55.1M | 0.01% |
4,798,300
+1,566,000
| +48% | +$17.4M |
|
1100
CALL
Alcoa
AA
$13.1B
| $55M | 0.01% |
1,865,100
+804,100
| +76% | +$21.7M |
|
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.