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 | |
|---|---|---|---|---|---|---|
12351
PUT
Caribou Biosciences
CRBU
$157M
| $18K | ﹤0.01% |
14,300
-15,000
| -51% | -$14.8K |
|
12352
PDS Biotechnology
PDSB
$12.9M
| $17.8K | ﹤0.01% |
13,407
-12,346
| -48% | -$16.8K |
|
|
IMA
12353
ImageneBio Inc
IMA
$66.3M
| $17.6K | ﹤0.01% |
+1,095
| New | +$16.1K |
|
|
NAMMW
12354
Namib Minerals Warrants
NAMMW
$4.3M
| $17.4K | ﹤0.01% |
+89,128
| New | +$24.5K |
|
|
NEWP
12355
New Pacific Metals
NEWP
$1.27B
| $17.3K | ﹤0.01% |
12,934
-18,291
| -59% | -$23.1K |
|
12356
Sadot Group
SDOT
$12.3M
| $17.2K | ﹤0.01% |
65
-30
| -32% | -$9.4K |
|
12357
Magic Empire Global Ltd
MEGL
$6.23M
| $17.2K | ﹤0.01% |
+11,171
| New | +$15.9K |
|
|
ORGN
12358
CALL
DELISTED
Origin Materials
ORGN
| $17.2K | ﹤0.01% |
1,193
-1,894
| -61% | -$32.1K |
|
12359
PUT
Rackspace Technology
RXT
$1.07B
| $16.8K | ﹤0.01% |
13,100
-32,000
| -71% | -$41.7K |
|
|
PLG
12360
PUT
Platinum Group Metals
PLG
$189M
| $16.7K | ﹤0.01% |
10,900
-4,200
| -28% | -$5.63K |
|
12361
Grove Collaborative
GROV
$44M
| $16.5K | ﹤0.01% |
14,354
-14,533
| -50% | -$17.2K |
|
|
IRD
12362
Opus Genetics
IRD
$300M
| $16.3K | ﹤0.01% |
17,303
-5,796
| -25% | -$5.37K |
|
|
MNDR
12363
Mobile-health Network Solutions
MNDR
$2.07M
| $16K | ﹤0.01% |
+504
| New | +$21.3K |
|
12364
CALL
Hain Celestial
HAIN
$52.4M
| $16K | ﹤0.01% |
+10,500
| New | +$24.5K |
|
12365
Roadzen Inc Warrants
RDZNW
$10.1M
| $15.8K | ﹤0.01% |
309,514
-53,432
| -15% | -$2.92K |
|
|
TPIC
12366
CALL
DELISTED
TPI Composites
TPIC
| $15.7K | ﹤0.01% |
18,300
-220,200
| -92% | -$224K |
|
12367
CALL
Vista Gold
VGZ
$337M
| $15.3K | ﹤0.01% |
+15,600
| New | +$15.2K |
|
|
FRSX
12368
CALL
Foresight Autonomous Holdings
FRSX
$3.87M
| $15.2K | ﹤0.01% |
1,576
+466
| +42% | +$5.82K |
|
12369
GameSquare
GAME
$42.7M
| $14.9K | ﹤0.01% |
17,202
+2,469
| +17% | +$1.81K |
|
12370
PUT
Diana Shipping
DSX
$309M
| $14.9K | ﹤0.01% |
10,200
-13,400
| -57% | -$20.1K |
|
12371
Retractable Technologies
RVP
$20.7M
| $14.8K | ﹤0.01% |
23,184
-11,454
| -33% | -$7.97K |
|
12372
Apollomics Inc Warrant
APLMW
$1.61M
| $14.6K | ﹤0.01% |
+328,969
| New | +$5.49K |
|
12373
Workhorse Group
WKHS
$33.3M
| $14.5K | ﹤0.01% |
1,100
-310
| -22% | -$4.02K |
|
|
CYPH
12374
Cypherpunk Technologies Inc
CYPH
$69.4M
| $14.5K | ﹤0.01% |
48,770
-241,273
| -83% | -$87.8K |
|
12375
Destination XL Group
DXLG
$35.4M
| $14.3K | ﹤0.01% |
12,896
-108,665
| -89% | -$119K |
|
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.