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 | |
|---|---|---|---|---|---|---|
1776
CALL
Bank of Montreal
BMO
$130B
| $25.1M | ﹤0.01% |
226,900
+25,000
| +12% | +$2.52M |
|
1777
CALL
Jefferies Financial Group
JEF
$12.7B
| $25M | ﹤0.01% |
457,800
+223,000
| +95% | +$11M |
|
1778
CALL
Crocs
CROX
$6.32B
| $25M | ﹤0.01% |
247,200
-155,500
| -39% | -$15.9M |
|
1779
CALL
ING
ING
$102B
| $25M | ﹤0.01% |
1,144,100
+1,119,600
| +4,570% | +$22.6M |
|
1780
PUT
Texas Roadhouse
TXRH
$13.6B
| $25M | ﹤0.01% |
133,400
-232,300
| -64% | -$41.7M |
|
1781
CALL
Dover
DOV
$27.9B
| $25M | ﹤0.01% |
136,400
+33,000
| +32% | +$5.74M |
|
1782
CALL
ATI
ATI
$31.1B
| $25M | ﹤0.01% |
289,400
+239,000
| +474% | +$16.4M |
|
1783
PUT
Southern Copper
SCCO
$156B
| $24.9M | ﹤0.01% |
258,947
-49,754
| -16% | -$4.33M |
|
1784
CALL
AES
AES
$10.5B
| $24.9M | ﹤0.01% |
2,368,300
-2,048,600
| -46% | -$21.9M |
|
|
EXAS
1785
PUT
DELISTED
Exact Sciences
EXAS
| $24.9M | ﹤0.01% |
468,700
+211,700
| +82% | +$10.8M |
|
1786
PUT
Schwab US Dividend Equity ETF
SCHD
$108B
| $24.9M | ﹤0.01% |
938,500
-302,800
| -24% | -$7.91M |
|
1787
Rocket Companies
RKT
$41.7B
| $24.8M | ﹤0.01% |
1,747,274
+1,488,115
| +574% | +$19.3M |
|
1788
PUT
Eos Energy Enterprises
EOSE
$1.47B
| $24.8M | ﹤0.01% |
4,835,700
+2,623,100
| +119% | +$12.9M |
|
1789
Brookfield Asset Management
BAM
$86.7B
| $24.7M | ﹤0.01% |
447,658
-1,328,026
| -75% | -$71.3M |
|
1790
CALL
Vulcan Materials
VMC
$36.6B
| $24.7M | ﹤0.01% |
94,800
+41,200
| +77% | +$10.6M |
|
1791
CALL
Doximity
DOCS
$4.42B
| $24.7M | ﹤0.01% |
402,700
-74,200
| -16% | -$4.14M |
|
|
PRMB
1792
Primo Brands
PRMB
$8.93B
| $24.7M | ﹤0.01% |
833,817
+40,204
| +5% | +$1.29M |
|
1793
PUT
BigBear.ai
BBAI
$1.57B
| $24.7M | ﹤0.01% |
3,637,100
+1,053,300
| +41% | +$3.81M |
|
1794
CALL
Sarepta Therapeutics
SRPT
$1.91B
| $24.7M | ﹤0.01% |
1,443,700
+987,100
| +216% | +$42.1M |
|
1795
PUT
PACCAR
PCAR
$68.9B
| $24.7M | ﹤0.01% |
259,600
-32,700
| -11% | -$3.02M |
|
1796
CALL
UiPath
PATH
$8.31B
| $24.7M | ﹤0.01% |
1,927,300
-1,435,300
| -43% | -$17.2M |
|
1797
PUT
HDFC Bank
HDB
$120B
| $24.7M | ﹤0.01% |
643,400
+455,400
| +242% | +$16.5M |
|
1798
CALL
Insulet
PODD
$9.94B
| $24.7M | ﹤0.01% |
78,500
-6,200
| -7% | -$1.79M |
|
|
EH
1799
CALL
EHang Holdings
EH
$449M
| $24.7M | ﹤0.01% |
1,420,400
+640,900
| +82% | +$10.9M |
|
1800
Abercrombie & Fitch
ANF
$4.8B
| $24.7M | ﹤0.01% |
297,548
-419,305
| -58% | -$31.8M |
|
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.