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 | |
|---|---|---|---|---|---|---|
12201
Acurx Pharmaceuticals
ACXP
$6.02M
| $35.6K | ﹤0.01% |
+3,487
| New | +$28.1K |
|
|
IMDX
12202
Insight Molecular Diagnostics
IMDX
$141M
| $35.6K | ﹤0.01% |
11,795
-33,011
| -74% | -$99.8K |
|
|
BZAI
12203
PUT
Blaize Holdings
BZAI
$84.4M
| $35.5K | ﹤0.01% |
11,900
-1,900
| -14% | -$4.67K |
|
12204
Compugen
CGEN
$228M
| $35.3K | ﹤0.01% |
19,839
+4,345
| +28% | +$6.44K |
|
12205
CBAK Energy Technology Ltd
CBAT
$64.1M
| $35.3K | ﹤0.01% |
29,925
-63,324
| -68% | -$57K |
|
|
NOTV
12206
CALL
DELISTED
Inotiv
NOTV
| $35.3K | ﹤0.01% |
19,400
-251,500
| -93% | -$546K |
|
12207
Verrica Pharmaceuticals
VRCA
$85.4M
| $35.3K | ﹤0.01% |
6,659
+1,247
| +23% | +$6.71K |
|
|
CODX
12208
Co-Diagnostics
CODX
$5.16M
| $35K | ﹤0.01% |
4,169
-2,942
| -41% | -$27.5K |
|
12209
CALL
Gerdau
GGB
$9.3B
| $35K | ﹤0.01% |
12,000
-7,800
| -39% | -$21.4K |
|
12210
CALL
Marchex
MCHX
$82M
| $35K | ﹤0.01% |
+16,200
| New | +$26.6K |
|
|
PPSI
12211
CALL
Pioneer Power Solutions
PPSI
$32.3M
| $34.9K | ﹤0.01% |
12,700
-5,800
| -31% | -$15.6K |
|
12212
CALL
Torrid Holdings
CURV
$219M
| $34.8K | ﹤0.01% |
11,800
-7,200
| -38% | -$37.7K |
|
|
TPIC
12213
DELISTED
TPI Composites
TPIC
| $34.8K | ﹤0.01% |
40,485
-89,650
| -69% | -$91.1K |
|
12214
Beam Global
BEEM
$25.1M
| $34.8K | ﹤0.01% |
23,814
-300
| -1% | -$479 |
|
12215
Dolphin Entertainment
DLPN
$15.6M
| $34.6K | ﹤0.01% |
+30,127
| New | +$32.4K |
|
12216
PUT
Designer Brands
DBI
$299M
| $34.5K | ﹤0.01% |
14,500
-227,300
| -94% | -$686K |
|
12217
Aterian
ATER
$5.44M
| $34.5K | ﹤0.01% |
20,775
-79,985
| -79% | -$136K |
|
|
SVC
12218
PUT
Service Properties Trust
SVC
$1.05B
| $34.4K | ﹤0.01% |
2,880
-9,940
| -78% | -$107K |
|
12219
Asia Pacific Wire & Cable
APWC
$62.7M
| $34.4K | ﹤0.01% |
20,225
+5,102
| +34% | +$8.19K |
|
|
WPRT
12220
Westport Fuel Systems
WPRT
$33.4M
| $34.3K | ﹤0.01% |
11,022
-35,209
| -76% | -$102K |
|
12221
CALL
ReWalk Robotics
LFWD
$21M
| $34.2K | ﹤0.01% |
4,458
-734
| -14% | -$11.2K |
|
12222
IRIDEX
IRIX
$14.9M
| $34.1K | ﹤0.01% |
+38,636
| New | +$39.4K |
|
12223
PUT
CytomX Therapeutics
CTMX
$732M
| $33.8K | ﹤0.01% |
+14,900
| New | +$24K |
|
|
CISO
12224
CISO Global
CISO
$12.2M
| $33.5K | ﹤0.01% |
29,089
+14,059
| +94% | +$12.4K |
|
|
TMCWW
12225
TMC The Metals Company Warrants
TMCWW
$242K
| $33.4K | ﹤0.01% |
+22,714
| New | +$18.1K |
|
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.