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 | |
|---|---|---|---|---|---|---|
1551
CALL
Crane Co
CR
$12.6B
| $31.9M | ﹤0.01% |
168,100
+143,300
| +578% | +$23.8M |
|
1552
PUT
SharkNinja
SN
$26.2B
| $31.9M | ﹤0.01% |
322,300
-433,800
| -57% | -$37.5M |
|
1553
PUT
Copart
CPRT
$29.1B
| $31.8M | ﹤0.01% |
648,200
+396,600
| +158% | +$22.2M |
|
1554
PUT
Markel Group
MKL
$22.8B
| $31.8M | ﹤0.01% |
15,900
+5,200
| +49% | +$9.75M |
|
1555
CALL
iShares Russell 2000 Value ETF
IWN
$14.7B
| $31.8M | ﹤0.01% |
201,300
-66,500
| -25% | -$9.9M |
|
|
SKX
1556
PUT
DELISTED
Skechers
SKX
| $31.7M | ﹤0.01% |
502,200
+176,800
| +54% | +$10.2M |
|
1557
CALL
Labcorp
LH
$26B
| $31.7M | ﹤0.01% |
120,600
+21,400
| +22% | +$5.21M |
|
1558
S&P Global
SPGI
$123B
| $31.6M | ﹤0.01% |
60,009
+33,959
| +130% | +$16.9M |
|
1559
TransUnion
TRU
$15.3B
| $31.6M | ﹤0.01% |
359,258
+31,207
| +10% | +$2.6M |
|
1560
Exelon
EXC
$47.2B
| $31.6M | ﹤0.01% |
727,870
+586,498
| +415% | +$26.1M |
|
1561
Nasdaq
NDAQ
$54.3B
| $31.6M | ﹤0.01% |
353,428
+269,923
| +323% | +$21.5M |
|
1562
Edison International
EIX
$27.4B
| $31.6M | ﹤0.01% |
611,622
+553,320
| +949% | +$30.3M |
|
1563
PUT
iShares US Aerospace & Defense ETF
ITA
$15.1B
| $31.6M | ﹤0.01% |
167,300
+49,100
| +42% | +$8.15M |
|
1564
CALL
AerCap
AER
$23.8B
| $31.5M | ﹤0.01% |
269,600
+132,900
| +97% | +$14.4M |
|
1565
RH
RH
$3.44B
| $31.5M | ﹤0.01% |
166,703
+116,390
| +231% | +$21.6M |
|
1566
PUT
TE Connectivity
TEL
$62.6B
| $31.4M | ﹤0.01% |
186,300
+97,600
| +110% | +$14.8M |
|
1567
PUT
Corning
GLW
$143B
| $31.4M | ﹤0.01% |
596,300
-65,800
| -10% | -$3.08M |
|
1568
PUT
Mid-America Apartment Communities
MAA
$15.6B
| $31.3M | ﹤0.01% |
211,700
+121,900
| +136% | +$19M |
|
1569
CALL
Builders FirstSource
BLDR
$7.83B
| $31.3M | ﹤0.01% |
268,300
+63,900
| +31% | +$7.37M |
|
1570
PUT
NIO
NIO
$11.3B
| $31.3M | ﹤0.01% |
9,122,300
-7,031,800
| -44% | -$26.2M |
|
1571
CALL
Lamb Weston
LW
$7.37B
| $31.3M | ﹤0.01% |
603,400
-39,300
| -6% | -$2.1M |
|
1572
Fidelity Wise Origin Bitcoin Fund
FBTC
$11.7B
| $31.3M | ﹤0.01% |
332,615
+103,512
| +45% | +$8.91M |
|
1573
D-Wave Quantum Inc. Common Stock
QBTS
$7.98B
| $31.3M | ﹤0.01% |
2,135,221
+1,908,714
| +843% | +$22.5M |
|
1574
PUT
Arbor Realty Trust
ABR
$965M
| $31.3M | ﹤0.01% |
2,921,100
-476,100
| -14% | -$5.01M |
|
1575
CALL
Barclays
BCS
$94.7B
| $31.2M | ﹤0.01% |
1,680,800
+301,700
| +22% | +$4.99M |
|
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.