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 | |
|---|---|---|---|---|---|---|
|
RA
11051
Brookfield Real Assets Income Fund
RA
$706M
| $217K | ﹤0.01% |
16,200
-28,116
| -63% | -$362K |
|
11052
CALL
First Industrial Realty Trust
FR
$8.33B
| $217K | ﹤0.01% |
+4,500
| New | +$219K |
|
11053
Hercules Capital
HTGC
$3.13B
| $216K | ﹤0.01% |
11,831
-10,749
| -48% | -$190K |
|
11054
CALL
News Corp Class B
NWS
$17.9B
| $216K | ﹤0.01% |
6,300
-1,800
| -22% | -$57K |
|
11055
Soundwatch Hedged Equity ETF
SHDG
$166M
| $216K | ﹤0.01% |
+7,264
| New | +$205K |
|
11056
LiveWire
LVWR
$246M
| $216K | ﹤0.01% |
46,912
+24,680
| +111% | +$73.9K |
|
11057
PUT
QuinStreet
QNST
$1.18B
| $216K | ﹤0.01% |
13,400
-34,000
| -72% | -$545K |
|
11058
Clarus
CLAR
$140M
| $216K | ﹤0.01% |
62,145
-20,880
| -25% | -$70.7K |
|
11059
Fidelity Disruptors ETF
FDIF
$109M
| $216K | ﹤0.01% |
6,390
-25,446
| -80% | -$786K |
|
11060
CALL
Taysha Gene Therapies
TSHA
$1.94B
| $216K | ﹤0.01% |
93,300
+28,800
| +45% | +$62.6K |
|
11061
CALL
Ingles Markets
IMKTA
$1.65B
| $215K | ﹤0.01% |
3,400
-1,000
| -23% | -$62.1K |
|
11062
New Mountain Finance
NMFC
$730M
| $215K | ﹤0.01% |
20,421
-43,002
| -68% | -$443K |
|
|
SILA
11063
CALL
DELISTED
Sila Realty Trust
SILA
| $215K | ﹤0.01% |
9,100
-4,300
| -32% | -$108K |
|
11064
Seer Inc
SEER
$115M
| $215K | ﹤0.01% |
100,529
-89,042
| -47% | -$178K |
|
11065
CALL
Genie Energy
GNE
$383M
| $215K | ﹤0.01% |
8,000
-9,600
| -55% | -$184K |
|
11066
PUT
Transcat
TRNS
$877M
| $215K | ﹤0.01% |
+2,500
| New | +$204K |
|
|
JCTR
11067
DELISTED
JPMorgan Carbon Transition US Equity ETF
JCTR
| $215K | ﹤0.01% |
+2,572
| New | +$199K |
|
11068
Western New England Bancorp
WNEB
$278M
| $215K | ﹤0.01% |
23,279
-360,094
| -94% | -$3.27M |
|
11069
PUT
Bakkt Inc
BKKT
$345M
| $215K | ﹤0.01% |
15,400
+200
| +1% | +$2.21K |
|
11070
Virtus Biotech Clinical Trials ETF
BBC
$50.2M
| $215K | ﹤0.01% |
+11,113
| New | +$202K |
|
11071
PUT
Simulations Plus
SLP
$371M
| $215K | ﹤0.01% |
+12,300
| New | +$345K |
|
|
IRET
11072
DELISTED
iREIT MarketVector Quality REIT Index ETF
IRET
| $214K | ﹤0.01% |
11,161
-3,453
| -24% | -$65.2K |
|
11073
AlTi Global
ALTI
$461M
| $214K | ﹤0.01% |
51,632
+8,593
| +20% | +$29.6K |
|
11074
Acme United Corp
ACU
$232M
| $214K | ﹤0.01% |
5,169
-23,261
| -82% | -$915K |
|
|
ZOCT
11075
Innovator Equity Defined Protection ETF - 1 Yr October
ZOCT
$105M
| $214K | ﹤0.01% |
8,242
-42,688
| -84% | -$1.08M |
|
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.