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 | |
|---|---|---|---|---|---|---|
1451
PUT
Stanley Black & Decker
SWK
$15.5B
| $35.2M | ﹤0.01% |
519,600
+2,000
| +0.4% | +$129K |
|
1452
PUT
Ally Financial
ALLY
$13.6B
| $35.1M | ﹤0.01% |
902,400
-261,100
| -22% | -$9.05M |
|
1453
CALL
BigBear.ai
BBAI
$1.6B
| $35.1M | ﹤0.01% |
5,165,100
+1,922,700
| +59% | +$6.95M |
|
1454
General Mills
GIS
$20.8B
| $35M | ﹤0.01% |
676,233
+435,253
| +181% | +$24M |
|
1455
PUT
ProShares Ultra QQQ
QLD
$14.4B
| $35M | ﹤0.01% |
594,400
+185,800
| +45% | +$9.03M |
|
1456
CALL
Grab
GRAB
$15.1B
| $35M | ﹤0.01% |
6,953,500
+3,228,000
| +87% | +$15.1M |
|
1457
CALL
Oshkosh
OSK
$9.41B
| $34.9M | ﹤0.01% |
307,200
+264,300
| +616% | +$25.7M |
|
|
GRMN
1458
Garmin
GRMN
$59.8B
| $34.9M | ﹤0.01% |
167,063
+90,013
| +117% | +$17.9M |
|
1459
CALL
Canadian Pacific Kansas City
CP
$82.6B
| $34.8M | ﹤0.01% |
439,400
+34,100
| +8% | +$2.62M |
|
1460
CAVA Group
CAVA
$8.43B
| $34.8M | ﹤0.01% |
413,364
+65,482
| +19% | +$5.58M |
|
|
P
1461
CALL
Everpure Inc
P
$39B
| $34.8M | ﹤0.01% |
604,500
+120,000
| +25% | +$5.97M |
|
1462
PUT
Transmedics
TMDX
$3.11B
| $34.7M | ﹤0.01% |
259,300
+21,200
| +9% | +$2.33M |
|
1463
PUT
KE Holdings
BEKE
$19.2B
| $34.7M | ﹤0.01% |
1,954,600
-1,016,700
| -34% | -$19.6M |
|
1464
eBay
EBAY
$46.5B
| $34.6M | ﹤0.01% |
464,850
-245,390
| -35% | -$17.4M |
|
|
SLNO
1465
DELISTED
Soleno Therapeutics
SLNO
| $34.6M | ﹤0.01% |
412,707
+362,433
| +721% | +$27.1M |
|
1466
CALL
Nasdaq
NDAQ
$54.6B
| $34.6M | ﹤0.01% |
386,600
+126,200
| +48% | +$10.1M |
|
1467
GitLab
GTLB
$7.32B
| $34.5M | ﹤0.01% |
764,167
+690,667
| +940% | +$31.6M |
|
1468
CALL
Ferguson
FERG
$47.4B
| $34.4M | ﹤0.01% |
158,100
+52,600
| +50% | +$9.68M |
|
1469
CALL
NetEase
NTES
$78.5B
| $34.4M | ﹤0.01% |
255,800
+112,100
| +78% | +$12.9M |
|
1470
CALL
Globalstar
GSAT
$10.8B
| $34.4M | ﹤0.01% |
1,461,400
-4,700
| -0.3% | -$94.7K |
|
1471
PUT
Applied Digital
APLD
$8.81B
| $34.4M | ﹤0.01% |
3,412,200
+1,073,500
| +46% | +$7.92M |
|
1472
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$24.8B
| $34.3M | ﹤0.01% |
1,366,798
+1,294,325
| +1,786% | +$20.8M |
|
|
PTIR
1473
CALL
GraniteShares 2x Long PLTR Daily ETF
PTIR
$444M
| $34.3M | ﹤0.01% |
1,764,000
+520,500
| +42% | +$8.12M |
|
|
EMBJ
1474
PUT
Embraer S.A. ADS
EMBJ
$13.2B
| $34.3M | ﹤0.01% |
602,700
+119,200
| +25% | +$5.63M |
|
|
COOP
1475
CALL
DELISTED
Mr. Cooper
COOP
| $34.3M | ﹤0.01% |
229,800
+52,600
| +30% | +$6.74M |
|
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.