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 | |
|---|---|---|---|---|---|---|
1376
CALL
Rubrik
RBRK
$21.6B
| $38.2M | 0.01% |
426,600
+136,300
| +47% | +$10.8M |
|
1377
Albemarle
ALB
$15.4B
| $38.2M | 0.01% |
609,641
-17,529
| -3% | -$1.04M |
|
|
INFA
1378
CALL
DELISTED
Informatica
INFA
| $38.1M | 0.01% |
1,563,100
+1,479,200
| +1,763% | +$30.5M |
|
1379
PUT
Toyota
TM
$223B
| $38M | 0.01% |
220,600
-43,400
| -16% | -$7.85M |
|
1380
CALL
First Majestic Silver
AG
$9.26B
| $38M | 0.01% |
4,594,500
+2,206,100
| +92% | +$14.8M |
|
1381
Union Pacific
UNP
$174B
| $38M | 0.01% |
165,016
+66,668
| +68% | +$14.8M |
|
1382
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $38M | 0.01% |
318,800
-579,000
| -64% | -$68.3M |
|
1383
Lennar Class A
LEN
$21.1B
| $37.9M | 0.01% |
343,079
+216,688
| +171% | +$23.5M |
|
|
GAP
1384
PUT
The Gap Inc
GAP
$7.34B
| $37.8M | 0.01% |
1,733,700
+352,700
| +26% | +$7.88M |
|
1385
Microchip Technology
MCHP
$42.2B
| $37.8M | 0.01% |
537,323
-78,512
| -13% | -$4.32M |
|
|
GTLS
1386
PUT
DELISTED
Chart Industries
GTLS
| $37.8M | 0.01% |
229,500
+195,500
| +575% | +$28.7M |
|
1387
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| $37.7M | 0.01% |
627,431
-559,892
| -47% | -$31.2M |
|
1388
Spotify
SPOT
$102B
| $37.6M | 0.01% |
49,035
+14,279
| +41% | +$9.16M |
|
|
MPT
1389
PUT
Medical Properties Trust
MPT
$2.51B
| $37.6M | 0.01% |
8,719,300
+2,248,800
| +35% | +$11.1M |
|
1390
Chipotle Mexican Grill
CMG
$41.3B
| $37.5M | 0.01% |
668,710
-628,075
| -48% | -$32M |
|
1391
Hims & Hers Health
HIMS
$6.71B
| $37.5M | 0.01% |
752,170
-89,071
| -11% | -$4.03M |
|
1392
State Street Utilities Select Sector SPDR ETF
XLU
$22.9B
| $37.5M | 0.01% |
918,230
+65,372
| +8% | +$2.6M |
|
1393
CRISPR Therapeutics
CRSP
$5.22B
| $37.5M | 0.01% |
769,945
+478,929
| +165% | +$18.5M |
|
1394
CALL
iShares Core S&P Small-Cap ETF
IJR
$113B
| $37.4M | 0.01% |
342,500
-81,300
| -19% | -$8.4M |
|
1395
United Parcel Service
UPS
$89.8B
| $37.4M | 0.01% |
370,780
-359,858
| -49% | -$35.4M |
|
1396
PUT
Labcorp
LH
$26.2B
| $37.4M | 0.01% |
142,300
+111,300
| +359% | +$27.1M |
|
1397
PUT
Everest Group
EG
$13.9B
| $37.3M | 0.01% |
109,800
+22,900
| +26% | +$7.9M |
|
1398
PUT
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.4B
| $37.3M | 0.01% |
1,185,300
-497,200
| -30% | -$16.6M |
|
1399
CALL
Thomson Reuters
TRI
$46B
| $37.2M | 0.01% |
182,242
+46,963
| +35% | +$8.94M |
|
1400
PUT
Kimberly-Clark
KMB
$36.8B
| $37.2M | 0.01% |
288,400
-19,500
| -6% | -$2.64M |
|
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.