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 | |
|---|---|---|---|---|---|---|
1676
CALL
FMC
FMC
$1.28B
| $27.7M | ﹤0.01% |
662,900
-48,900
| -7% | -$1.94M |
|
|
EXAS
1677
CALL
DELISTED
Exact Sciences
EXAS
| $27.7M | ﹤0.01% |
520,400
+212,700
| +69% | +$10.8M |
|
1678
Aon
AON
$75.7B
| $27.6M | ﹤0.01% |
77,408
+49,115
| +174% | +$17.8M |
|
1679
PUT
Entergy
ETR
$50.3B
| $27.6M | ﹤0.01% |
332,100
+69,800
| +27% | +$5.76M |
|
1680
CALL
Booz Allen Hamilton
BAH
$9.35B
| $27.6M | ﹤0.01% |
264,800
+124,800
| +89% | +$14M |
|
1681
CALL
Idexx Laboratories
IDXX
$43.4B
| $27.6M | ﹤0.01% |
51,400
+21,100
| +70% | +$10.1M |
|
|
TLN
1682
Talen Energy Corp
TLN
$17.4B
| $27.4M | ﹤0.01% |
94,326
-475,523
| -83% | -$113M |
|
1683
BridgeBio Pharma
BBIO
$15.7B
| $27.4M | ﹤0.01% |
634,573
-105,131
| -14% | -$3.82M |
|
|
SCHW
1684
Charles Schwab
SCHW
$192B
| $27.4M | ﹤0.01% |
299,817
-85,571
| -22% | -$7.17M |
|
1685
CALL
Huntington Bancshares
HBAN
$36.1B
| $27.4M | ﹤0.01% |
1,632,000
+402,600
| +33% | +$6.07M |
|
1686
CALL
Intuitive Machines
LUNR
$3.06B
| $27.3M | ﹤0.01% |
2,514,100
+832,500
| +50% | +$8.15M |
|
1687
CALL
KeyCorp
KEY
$24.9B
| $27.3M | ﹤0.01% |
1,568,200
+213,600
| +16% | +$3.31M |
|
1688
NetEase
NTES
$80B
| $27.3M | ﹤0.01% |
202,843
+8,205
| +4% | +$943K |
|
1689
PUT
Baker Hughes
BKR
$64.1B
| $27.3M | ﹤0.01% |
712,000
+201,200
| +39% | +$7.59M |
|
|
SKX
1690
CALL
DELISTED
Skechers
SKX
| $27.3M | ﹤0.01% |
432,300
+306,400
| +243% | +$17.6M |
|
1691
CALL
Limbach Holdings
LMB
$538M
| $27.2M | ﹤0.01% |
193,900
+132,700
| +217% | +$15.1M |
|
|
WNS
1692
PUT
DELISTED
WNS Holdings
WNS
| $27.1M | ﹤0.01% |
429,100
+380,900
| +790% | +$22.8M |
|
1693
PUT
Golar LNG
GLNG
$5.31B
| $27.1M | ﹤0.01% |
658,400
+240,400
| +58% | +$9.48M |
|
1694
Morgan Stanley
MS
$342B
| $27M | ﹤0.01% |
191,926
-526,495
| -73% | -$64.7M |
|
1695
PUT
DuPont de Nemours
DD
$19.7B
| $27M | ﹤0.01% |
313,966
+110,497
| +54% | +$9.18M |
|
1696
CALL
Otis Worldwide
OTIS
$27.7B
| $27M | ﹤0.01% |
272,800
-87,800
| -24% | -$8.48M |
|
1697
Blackrock
BLK
$182B
| $27M | ﹤0.01% |
25,734
-34,571
| -57% | -$32.7M |
|
1698
CALL
PENN Entertainment
PENN
$2.53B
| $27M | ﹤0.01% |
1,510,500
+67,700
| +5% | +$1.06M |
|
1699
CALL
JB Hunt Transport Services
JBHT
$26.3B
| $27M | ﹤0.01% |
187,900
+118,000
| +169% | +$16.3M |
|
1700
Liberty Broadband Class C
LBRDK
$5.24B
| $26.9M | ﹤0.01% |
273,801
-39,407
| -13% | -$3.53M |
|
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.