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 | |
|---|---|---|---|---|---|---|
1251
CALL
Clorox
CLX
$12.8B
| $44.1M | 0.01% |
367,300
-92,900
| -20% | -$12.4M |
|
1252
Vanguard Morningstar Total Stock Market ETF
VTI
$696B
| $44M | 0.01% |
144,800
+31,336
| +28% | +$8.81M |
|
1253
Roku
ROKU
$22.9B
| $44M | 0.01% |
500,220
+447,308
| +845% | +$31.3M |
|
1254
CALL
Arthur J. Gallagher & Co
AJG
$65.5B
| $43.9M | 0.01% |
137,100
-43,300
| -24% | -$14.3M |
|
1255
CALL
GitLab
GTLB
$7.32B
| $43.8M | 0.01% |
970,500
-215,500
| -18% | -$9.85M |
|
1256
CALL
Snap
SNAP
$8.96B
| $43.8M | 0.01% |
5,035,700
-138,800
| -3% | -$1.15M |
|
1257
CALL
CoStar Group
CSGP
$13.4B
| $43.7M | 0.01% |
543,500
-185,900
| -25% | -$14.5M |
|
1258
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$623M
| $43.6M | 0.01% |
766,500
+395,700
| +107% | +$21M |
|
1259
PUT
Generac Holdings
GNRC
$13.1B
| $43.6M | 0.01% |
304,500
-84,600
| -22% | -$10.3M |
|
1260
Apollo Global Management
APO
$81.9B
| $43.5M | 0.01% |
306,587
+214,720
| +234% | +$28.5M |
|
1261
TG Therapeutics
TGTX
$7.58B
| $43.5M | 0.01% |
1,208,154
+548,494
| +83% | +$20.4M |
|
1262
PUT
Martin Marietta Materials
MLM
$32.7B
| $43.5M | 0.01% |
79,200
+44,100
| +126% | +$23.3M |
|
1263
CALL
IQVIA
IQV
$39.8B
| $43.3M | 0.01% |
274,900
+240,500
| +699% | +$36.2M |
|
1264
British American Tobacco
BTI
$124B
| $43.2M | 0.01% |
912,840
+388,410
| +74% | +$17.2M |
|
|
ANSS
1265
PUT
DELISTED
Ansys
ANSS
| $43.2M | 0.01% |
122,900
+23,900
| +24% | +$7.83M |
|
1266
Cadence Design Systems
CDNS
$89B
| $43.2M | 0.01% |
140,065
+86,387
| +161% | +$25.1M |
|
|
1267
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$696B
| $43.2M | 0.01% |
142,000
-39,600
| -22% | -$11.1M |
|
|
XYZ
1268
Block Inc
XYZ
$49.9B
| $43.1M | 0.01% |
634,503
-184,242
| -23% | -$10.7M |
|
1269
PUT
SoundHound AI
SOUN
$3.32B
| $43M | 0.01% |
4,007,600
-1,577,400
| -28% | -$14.9M |
|
1270
CALL
Travelers Companies
TRV
$77.2B
| $43M | 0.01% |
160,700
-3,600
| -2% | -$949K |
|
1271
CALL
Dycom Industries
DY
$12.3B
| $43M | 0.01% |
175,900
+157,600
| +861% | +$31M |
|
1272
PNC Financial Services
PNC
$102B
| $43M | 0.01% |
230,484
+56,162
| +32% | +$9.5M |
|
1273
PUT
Vanguard Real Estate ETF
VNQ
$39.1B
| $42.9M | 0.01% |
482,000
+195,300
| +68% | +$17.2M |
|
1274
PUT
Cencora
COR
$60B
| $42.9M | 0.01% |
143,100
-79,100
| -36% | -$22.8M |
|
1275
PUT
Groupon
GRPN
$901M
| $42.8M | 0.01% |
1,280,900
+42,700
| +3% | +$1.09M |
|
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.