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 | |
|---|---|---|---|---|---|---|
1851
Dow Inc
DOW
$22.4B
| $23.3M | ﹤0.01% |
878,763
+672,194
| +325% | +$19.6M |
|
|
HOLX
1852
PUT
DELISTED
Hologic
HOLX
| $23.3M | ﹤0.01% |
357,000
+316,400
| +779% | +$19M |
|
|
VG
1853
PUT
Venture Global Inc
VG
$35B
| $23.2M | ﹤0.01% |
1,492,100
+622,200
| +72% | +$7.2M |
|
1854
CALL
AGNC Investment
AGNC
$13B
| $23.2M | ﹤0.01% |
2,528,800
-192,000
| -7% | -$1.72M |
|
1855
Eaton
ETN
$175B
| $23.2M | ﹤0.01% |
64,878
+35,922
| +124% | +$11.1M |
|
1856
PUT
PENN Entertainment
PENN
$2.52B
| $23.1M | ﹤0.01% |
1,294,600
+53,400
| +4% | +$838K |
|
1857
CALL
Sprouts Farmers Market
SFM
$7.69B
| $23.1M | ﹤0.01% |
140,400
-51,400
| -27% | -$8.4M |
|
1858
CALL
Star Bulk Carriers
SBLK
$3.24B
| $23.1M | ﹤0.01% |
1,340,000
+790,800
| +144% | +$12.3M |
|
1859
PUT
Alpha Metallurgical Resources
AMR
$2.11B
| $23.1M | ﹤0.01% |
205,200
+55,200
| +37% | +$6.45M |
|
1860
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.6B
| $23.1M | ﹤0.01% |
525,400
-4,616,800
| -90% | -$196M |
|
1861
CALL
Lumen
LUMN
$6.93B
| $23M | ﹤0.01% |
5,257,200
+1,259,800
| +32% | +$4.88M |
|
1862
CALL
Symbotic
SYM
$5.55B
| $23M | ﹤0.01% |
592,400
-283,700
| -32% | -$7.43M |
|
1863
PUT
GE HealthCare
GEHC
$33.3B
| $23M | ﹤0.01% |
310,100
+144,700
| +87% | +$10.1M |
|
1864
CALL
Summit Therapeutics
SMMT
$10.6B
| $23M | ﹤0.01% |
1,079,200
+504,400
| +88% | +$11.5M |
|
|
CTRA
1865
CALL
DELISTED
Coterra Energy
CTRA
| $23M | ﹤0.01% |
904,500
+160,300
| +22% | +$4.06M |
|
1866
Prologis
PLD
$134B
| $23M | ﹤0.01% |
218,337
-33,492
| -13% | -$3.51M |
|
1867
CALL
Universal Display
OLED
$4.09B
| $22.9M | ﹤0.01% |
148,500
+52,500
| +55% | +$7.35M |
|
|
1868
AGNC Investment
AGNC
$13B
| $22.9M | ﹤0.01% |
2,494,120
+22,428
| +0.9% | +$201K |
|
1869
PUT
Hertz
HTZ
$798M
| $22.9M | ﹤0.01% |
3,353,100
+606,200
| +22% | +$3.78M |
|
1870
CALL
Argan
AGX
$8.11B
| $22.9M | ﹤0.01% |
103,800
+7,600
| +8% | +$1.37M |
|
|
CWAN
1871
DELISTED
Clearwater Analytics
CWAN
| $22.9M | ﹤0.01% |
1,043,192
-158,326
| -13% | -$3.64M |
|
1872
Mondelez International
MDLZ
$81.2B
| $22.9M | ﹤0.01% |
339,190
+137,106
| +68% | +$9.15M |
|
1873
Quantum Computing Inc
QUBT
$2.04B
| $22.8M | ﹤0.01% |
1,190,824
+1,157,350
| +3,457% | +$12.8M |
|
|
ETHU
1874
PUT
2x Ether ETF
ETHU
$712M
| $22.8M | ﹤0.01% |
402,800
+374,280
| +1,312% | +$17.9M |
|
|
SWTX
1875
DELISTED
SpringWorks Therapeutics
SWTX
| $22.8M | ﹤0.01% |
484,874
-138,789
| -22% | -$6.17M |
|
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.