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 | |
|---|---|---|---|---|---|---|
1701
SoundHound AI
SOUN
$3.28B
| $26.9M | ﹤0.01% |
2,507,031
+337,047
| +16% | +$3.18M |
|
1702
PUT
BellRing Brands
BRBR
$1.26B
| $26.8M | ﹤0.01% |
463,100
+454,000
| +4,989% | +$30.3M |
|
1703
Centene
CNC
$33.3B
| $26.8M | ﹤0.01% |
494,223
+247,436
| +100% | +$14.5M |
|
1704
PUT
Vanguard Morningstar Growth ETF
VUG
$230B
| $26.8M | ﹤0.01% |
366,600
-942,000
| -72% | -$62M |
|
1705
CALL
Genuine Parts
GPC
$18.5B
| $26.8M | ﹤0.01% |
220,800
-197,400
| -47% | -$23.8M |
|
1706
Rigetti Computing
RGTI
$6.24B
| $26.7M | ﹤0.01% |
2,250,006
+276,443
| +14% | +$2.92M |
|
1707
CleanSpark
CLSK
$3.1B
| $26.7M | ﹤0.01% |
2,418,566
-323,604
| -12% | -$2.88M |
|
1708
PUT
CSX Corp
CSX
$93.2B
| $26.6M | ﹤0.01% |
816,400
+709,000
| +660% | +$21.3M |
|
1709
PUT
Carlyle Group
CG
$17.6B
| $26.6M | ﹤0.01% |
516,600
+398,800
| +339% | +$17.2M |
|
1710
PUT
Enbridge
ENB
$111B
| $26.5M | ﹤0.01% |
585,100
+175,000
| +43% | +$7.94M |
|
1711
PUT
Nutrien
NTR
$32.6B
| $26.5M | ﹤0.01% |
454,900
-380,600
| -46% | -$21.5M |
|
|
FL
1712
DELISTED
Foot Locker
FL
| $26.5M | ﹤0.01% |
1,080,922
+114,409
| +12% | +$2.08M |
|
1713
CALL
Bentley Systems
BSY
$11B
| $26.5M | ﹤0.01% |
490,500
+392,900
| +403% | +$18.2M |
|
|
1714
Bentley Systems
BSY
$11B
| $26.5M | ﹤0.01% |
490,493
-236,662
| -33% | -$11M |
|
1715
CALL
Monster Beverage
MNST
$91.2B
| $26.4M | ﹤0.01% |
843,400
+348,200
| +70% | +$10.6M |
|
1716
CALL
Tower Semiconductor
TSEM
$29.7B
| $26.3M | ﹤0.01% |
607,500
-193,100
| -24% | -$7.41M |
|
1717
CALL
Consolidated Edison
ED
$40.3B
| $26.3M | ﹤0.01% |
262,300
+94,000
| +56% | +$9.95M |
|
1718
PUT
US Global Jets ETF
JETS
$822M
| $26.3M | ﹤0.01% |
1,144,900
+690,900
| +152% | +$14.7M |
|
1719
CALL
TeraWulf
WULF
$8.61B
| $26.3M | ﹤0.01% |
6,003,400
+707,800
| +13% | +$2.42M |
|
1720
PUT
Ares Management
ARES
$32.5B
| $26.2M | ﹤0.01% |
151,400
+62,100
| +70% | +$9.82M |
|
1721
CALL
Republic Services
RSG
$66B
| $26.2M | ﹤0.01% |
106,200
+5,300
| +5% | +$1.31M |
|
1722
CALL
Pan American Silver
PAAS
$19.9B
| $26.2M | ﹤0.01% |
921,600
+236,000
| +34% | +$6.11M |
|
1723
AngloGold Ashanti
AU
$48.6B
| $26.2M | ﹤0.01% |
574,142
-153,901
| -21% | -$6.62M |
|
1724
CALL
SS&C Technologies
SSNC
$19.1B
| $26.1M | ﹤0.01% |
315,200
+153,100
| +94% | +$12M |
|
1725
CALL
Tyson Foods
TSN
$20.5B
| $26M | ﹤0.01% |
465,000
-169,700
| -27% | -$9.75M |
|
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.