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 | |
|---|---|---|---|---|---|---|
1651
PUT
ProShares Ultra S&P500
SSO
$8.45B
| $28.5M | ﹤0.01% |
584,000
+181,800
| +45% | +$7.68M |
|
1652
CALL
Restaurant Brands International
QSR
$26.9B
| $28.5M | ﹤0.01% |
430,400
-172,100
| -29% | -$11.5M |
|
|
API
1653
Agora
API
$384M
| $28.5M | ﹤0.01% |
7,484,011
| – | – |
|
1654
United Rentals
URI
$71.7B
| $28.5M | ﹤0.01% |
37,784
-27,823
| -42% | -$18.6M |
|
1655
Energy Transfer Partners
ET
$72.4B
| $28.4M | ﹤0.01% |
1,567,177
-900,504
| -36% | -$15.7M |
|
1656
Snap
SNAP
$9.06B
| $28.4M | ﹤0.01% |
3,268,468
+386,545
| +13% | +$3.21M |
|
1657
Constellation Energy
CEG
$100B
| $28.4M | ﹤0.01% |
87,959
-400,112
| -82% | -$106M |
|
1658
PUT
Canadian Natural Resources
CNQ
$99.6B
| $28.4M | ﹤0.01% |
903,900
-281,900
| -24% | -$8.54M |
|
1659
Enovix
ENVX
$951M
| $28.4M | ﹤0.01% |
3,136,775
+1,929,821
| +160% | +$12.6M |
|
|
FISV
1660
Fiserv Inc
FISV
$28.9B
| $28.4M | ﹤0.01% |
164,563
+116,661
| +244% | +$21.2M |
|
1661
PUT
Clean Harbors
CLH
$17B
| $28.4M | ﹤0.01% |
122,700
+30,500
| +33% | +$6.68M |
|
1662
CALL
Carlyle Group
CG
$17.6B
| $28.3M | ﹤0.01% |
551,100
+76,500
| +16% | +$3.3M |
|
1663
CALL
Keurig Dr Pepper
KDP
$42.5B
| $28.3M | ﹤0.01% |
856,000
-178,000
| -17% | -$6.02M |
|
1664
CALL
West Pharmaceutical
WST
$24.5B
| $28.1M | ﹤0.01% |
128,600
-38,600
| -23% | -$8.25M |
|
1665
PUT
Skyworks Solutions
SWKS
$10.3B
| $28M | ﹤0.01% |
375,900
-257,200
| -41% | -$17.2M |
|
1666
PUT
iShares Russell 1000 Growth ETF
IWF
$128B
| $28M | ﹤0.01% |
263,600
+201,600
| +325% | +$19.3M |
|
1667
Veeva Systems
VEEV
$40B
| $28M | ﹤0.01% |
97,119
-17,131
| -15% | -$4.25M |
|
1668
Chubb
CB
$133B
| $28M | ﹤0.01% |
96,515
+58,786
| +156% | +$16.9M |
|
1669
Lowe's Companies
LOW
$122B
| $27.9M | ﹤0.01% |
125,599
+64,770
| +106% | +$14.5M |
|
1670
PUT
Valaris
VAL
$5.97B
| $27.8M | ﹤0.01% |
659,700
-94,900
| -13% | -$3.57M |
|
1671
PUT
Gartner
IT
$11.4B
| $27.8M | ﹤0.01% |
68,700
+11,400
| +20% | +$4.77M |
|
1672
CALL
Range Resources
RRC
$9.43B
| $27.8M | ﹤0.01% |
682,400
+569,400
| +504% | +$21.5M |
|
1673
PUT
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $27.7M | ﹤0.01% |
488,000
+297,200
| +156% | +$16.5M |
|
1674
CALL
Amplify Junior Silver Miners ETF
SILJ
$3.95B
| $27.7M | ﹤0.01% |
1,873,200
+1,299,700
| +227% | +$16.9M |
|
1675
Vertex Pharmaceuticals
VRTX
$129B
| $27.7M | ﹤0.01% |
62,209
+21,088
| +51% | +$9.72M |
|
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.