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 | |
|---|---|---|---|---|---|---|
2151
CALL
Bunge Global
BG
$21.8B
| $17.4M | ﹤0.01% |
216,800
-27,900
| -11% | -$2.2M |
|
2152
CALL
AvalonBay Communities
AVB
$26.3B
| $17.4M | ﹤0.01% |
85,500
+32,200
| +60% | +$6.58M |
|
2153
CALL
LPL Financial
LPLA
$29.2B
| $17.4M | ﹤0.01% |
46,400
-27,400
| -37% | -$9.6M |
|
2154
Brinker International
EAT
$10.2B
| $17.4M | ﹤0.01% |
96,349
+30,038
| +45% | +$4.71M |
|
2155
CALL
Qfin Holdings
QFIN
$1.49B
| $17.4M | ﹤0.01% |
400,500
+328,400
| +455% | +$13.7M |
|
|
BULL
2156
PUT
Webull Corp
BULL
$4.28B
| $17.4M | ﹤0.01% |
+1,450,900
| New | +$22.5M |
|
|
AKRO
2157
PUT
DELISTED
Akero Therapeutics
AKRO
| $17.4M | ﹤0.01% |
325,200
+226,000
| +228% | +$10.3M |
|
2158
PUT
Teladoc Health
TDOC
$1.24B
| $17.3M | ﹤0.01% |
1,990,900
+385,000
| +24% | +$2.79M |
|
|
CFLT
2159
PUT
DELISTED
Confluent
CFLT
| $17.3M | ﹤0.01% |
695,000
-98,200
| -12% | -$2.21M |
|
2160
PUT
Bilibili
BILI
$7.3B
| $17.3M | ﹤0.01% |
807,400
-2,165,900
| -73% | -$39.9M |
|
2161
PUT
Zions Bancorporation
ZION
$10.5B
| $17.3M | ﹤0.01% |
332,900
+105,200
| +46% | +$4.94M |
|
2162
CALL
iShares Russell 1000 ETF
IWB
$50.4B
| $17.3M | ﹤0.01% |
50,800
+100
| +0.2% | +$31.4K |
|
2163
PUT
TPG
TPG
$8.51B
| $17.2M | ﹤0.01% |
328,700
+62,100
| +23% | +$2.98M |
|
2164
PUT
Hasbro
HAS
$13.6B
| $17.2M | ﹤0.01% |
233,400
-33,500
| -13% | -$2.11M |
|
2165
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.53B
| $17.2M | ﹤0.01% |
256,300
-239,100
| -48% | -$14.2M |
|
2166
CALL
Pagaya Technologies
PGY
$1.8B
| $17.2M | ﹤0.01% |
806,600
-272,800
| -25% | -$3.88M |
|
2167
PUT
Illinois Tool Works
ITW
$82.8B
| $17.2M | ﹤0.01% |
69,500
-30,200
| -30% | -$7.3M |
|
2168
PUT
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$581M
| $17.2M | ﹤0.01% |
324,200
+99,000
| +44% | +$5.1M |
|
2169
CALL
Coca-Cola Europacific Partners
CCEP
$47.6B
| $17.2M | ﹤0.01% |
185,200
+47,200
| +34% | +$4.23M |
|
2170
CALL
VICI Properties
VICI
$29B
| $17.2M | ﹤0.01% |
526,500
-354,300
| -40% | -$11.3M |
|
|
BTC
2171
Grayscale Bitcoin Mini Trust ETF
BTC
$3.33B
| $17.1M | ﹤0.01% |
359,162
+280,895
| +359% | +$12.3M |
|
2172
CALL
Mirion Technologies
MIR
$3.96B
| $17.1M | ﹤0.01% |
796,300
+752,800
| +1,731% | +$13M |
|
2173
PUT
Ollie's Bargain Outlet
OLLI
$4.62B
| $17.1M | ﹤0.01% |
129,900
-58,000
| -31% | -$6.64M |
|
2174
CALL
Ionis Pharmaceuticals
IONS
$9.51B
| $17M | ﹤0.01% |
430,600
+252,200
| +141% | +$8.25M |
|
2175
Marathon Petroleum
MPC
$99.8B
| $17M | ﹤0.01% |
102,259
+48,583
| +91% | +$7.28M |
|
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.