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 | |
|---|---|---|---|---|---|---|
1526
CALL
iShares MSCI Canada ETF
EWC
$6.55B
| $32.8M | ﹤0.01% |
709,100
+298,300
| +73% | +$12.9M |
|
1527
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.41B
| $32.7M | ﹤0.01% |
1,522,200
-1,256,700
| -45% | -$25.9M |
|
1528
Tapestry
TPR
$25.8B
| $32.7M | ﹤0.01% |
372,394
-266,751
| -42% | -$20.2M |
|
1529
CALL
Pultegroup
PHM
$24.7B
| $32.7M | ﹤0.01% |
310,000
+71,000
| +30% | +$7.15M |
|
1530
Fidelity High Dividend ETF
FDVV
$10.5B
| $32.7M | ﹤0.01% |
627,963
+37,058
| +6% | +$1.82M |
|
1531
CALL
Global X Silver Miners ETF NEW
SIL
$4.8B
| $32.7M | ﹤0.01% |
678,500
-79,500
| -10% | -$3.39M |
|
1532
TechnipFMC
FTI
$31B
| $32.6M | ﹤0.01% |
947,176
-227,324
| -19% | -$6.86M |
|
1533
CALL
Kratos Defense & Security Solutions
KTOS
$12B
| $32.6M | ﹤0.01% |
701,900
+474,600
| +209% | +$17.2M |
|
1534
General Dynamics
GD
$107B
| $32.6M | ﹤0.01% |
111,609
+90,986
| +441% | +$25M |
|
1535
PUT
Direxion Daily Technology Bull 3x ETF
TECL
$6.34B
| $32.5M | ﹤0.01% |
347,200
-28,100
| -7% | -$1.86M |
|
1536
CALL
iShares MSCI Australia ETF
EWA
$1.45B
| $32.5M | ﹤0.01% |
1,234,100
+1,223,700
| +11,766% | +$30.5M |
|
1537
Seagate
STX
$216B
| $32.5M | ﹤0.01% |
224,857
+203,791
| +967% | +$21.1M |
|
1538
PUT
Cleveland-Cliffs
CLF
$6.84B
| $32.4M | ﹤0.01% |
4,260,700
-3,523,600
| -45% | -$26.2M |
|
1539
PUT
PennyMac Financial
PFSI
$4.11B
| $32.3M | ﹤0.01% |
324,600
+155,200
| +92% | +$15M |
|
1540
CALL
Baker Hughes
BKR
$64.1B
| $32.2M | ﹤0.01% |
839,500
+354,500
| +73% | +$13.4M |
|
1541
PUT
Exelon
EXC
$47.2B
| $32.2M | ﹤0.01% |
740,800
+200
| +0% | +$8.9K |
|
1542
Truist Financial
TFC
$64.9B
| $32.2M | ﹤0.01% |
748,171
-1,022,191
| -58% | -$40M |
|
1543
CALL
Rocket Companies
RKT
$42.3B
| $32.2M | ﹤0.01% |
2,267,600
-16,700
| -0.7% | -$217K |
|
1544
CALL
Plains GP Holdings
PAGP
$5.05B
| $32.1M | ﹤0.01% |
1,653,100
+593,600
| +56% | +$11.1M |
|
1545
PUT
Illumina
ILMN
$28.9B
| $32.1M | ﹤0.01% |
336,600
-21,000
| -6% | -$1.7M |
|
1546
Boston Scientific
BSX
$76B
| $32.1M | ﹤0.01% |
298,887
+166,984
| +127% | +$16.9M |
|
|
CRWV
1547
CoreWeave
CRWV
$57.7B
| $32.1M | ﹤0.01% |
196,834
+69,480
| +55% | +$6.41M |
|
1548
PUT
Emerson Electric
EMR
$91.2B
| $32.1M | ﹤0.01% |
240,600
+2,800
| +1% | +$321K |
|
1549
Becton Dickinson
BDX
$49.8B
| $32.1M | ﹤0.01% |
186,195
+162,611
| +689% | +$29.8M |
|
1550
Eos Energy Enterprises
EOSE
$1.45B
| $32M | ﹤0.01% |
6,249,657
+1,664,246
| +36% | +$8.16M |
|
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.