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 | |
|---|---|---|---|---|---|---|
1201
PUT
Westlake Corp
WLK
$10.1B
| $48.2M | 0.01% |
+634,400
| New | +$51.9M |
|
1202
Grab
GRAB
$15.1B
| $47.9M | 0.01% |
9,528,412
+553,679
| +6% | +$2.58M |
|
1203
CALL
Lumentum
LITE
$78B
| $47.9M | 0.01% |
503,800
+222,900
| +79% | +$15.8M |
|
1204
PUT
Bloom Energy
BE
$69.6B
| $47.9M | 0.01% |
2,001,300
+158,300
| +9% | +$3.06M |
|
1205
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.16B
| $47.8M | 0.01% |
643,400
-5,400
| -0.8% | -$376K |
|
1206
ServiceNow
NOW
$132B
| $47.8M | 0.01% |
232,375
+1,785
| +0.8% | +$337K |
|
1207
PUT
Air Products & Chemicals
APD
$67.7B
| $47.8M | 0.01% |
169,300
+85,400
| +102% | +$23.4M |
|
1208
EQT Corp
EQT
$33.8B
| $47.7M | 0.01% |
817,631
-96,850
| -11% | -$5.23M |
|
1209
CALL
Viking Therapeutics
VKTX
$3.97B
| $47.6M | 0.01% |
1,795,000
+305,600
| +21% | +$8.04M |
|
1210
CALL
Parker-Hannifin
PH
$135B
| $47.6M | 0.01% |
68,100
-15,500
| -19% | -$9.79M |
|
1211
PUT
Shake Shack
SHAK
$2.94B
| $47.4M | 0.01% |
337,000
+185,600
| +123% | +$20.2M |
|
|
JNPR
1212
PUT
DELISTED
Juniper Networks
JNPR
| $47.1M | 0.01% |
1,180,100
+326,000
| +38% | +$11.7M |
|
1213
CALL
Fidelity National Information Services
FIS
$21.6B
| $47.1M | 0.01% |
578,800
+139,800
| +32% | +$10.9M |
|
1214
Oscar Health
OSCR
$9.5B
| $47M | 0.01% |
2,193,985
+1,398,617
| +176% | +$20.8M |
|
1215
PUT
Twilio
TWLO
$37.9B
| $47M | 0.01% |
378,000
-415,900
| -52% | -$44.2M |
|
1216
Affirm
AFRM
$24.6B
| $47M | 0.01% |
679,359
-320,572
| -32% | -$16.6M |
|
|
MSTX
1217
PUT
Defiance Daily Target 2x Long MSTR ETF
MSTX
$138M
| $46.9M | 0.01% |
116,220
+45,130
| +63% | +$16M |
|
1218
PUT
Tenet Healthcare
THC
$21.5B
| $46.9M | 0.01% |
266,400
+44,200
| +20% | +$6.65M |
|
1219
PUT
ResMed
RMD
$32.8B
| $46.7M | 0.01% |
181,100
-6,700
| -4% | -$1.6M |
|
1220
Schwab International Equity ETF
SCHF
$69.3B
| $46.6M | 0.01% |
2,110,524
-5,340,313
| -72% | -$111M |
|
1221
Core Scientific
CORZ
$6.36B
| $46.6M | 0.01% |
2,731,422
+1,109,108
| +68% | +$11.1M |
|
1222
CALL
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$41.9B
| $46.6M | 0.01% |
855,800
+684,700
| +400% | +$35.3M |
|
1223
Direxion Daily FTSE China Bull 3X ETF
YINN
$651M
| $46.4M | 0.01% |
1,133,412
+242,782
| +27% | +$8.7M |
|
1224
CALL
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$4.2B
| $46.3M | 0.01% |
835,300
+528,500
| +172% | +$26.1M |
|
1225
PUT
Casey's General Stores
CASY
$31B
| $46.2M | 0.01% |
90,600
+78,100
| +625% | +$36M |
|
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.