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 | |
|---|---|---|---|---|---|---|
2276
PUT
Corcept Therapeutics
CORT
$12.4B
| $15.8M | ﹤0.01% |
215,200
-190,000
| -47% | -$13.8M |
|
2277
iShares International Dividend Growth ETF
IGRO
$1.31B
| $15.8M | ﹤0.01% |
+200,100
| New | +$15.1M |
|
2278
CALL
Universal Health Services
UHS
$10B
| $15.8M | ﹤0.01% |
87,000
-12,900
| -13% | -$2.33M |
|
2279
Bumble
BMBL
$358M
| $15.8M | ﹤0.01% |
2,390,479
+1,333,259
| +126% | +$6.73M |
|
2280
CALL
Globe Life
GL
$14.1B
| $15.7M | ﹤0.01% |
126,600
-6,600
| -5% | -$801K |
|
2281
CALL
Healthpeak Properties
DOC
$14.3B
| $15.7M | ﹤0.01% |
898,500
+770,000
| +599% | +$13.7M |
|
2282
CALL
Planet Fitness
PLNT
$3.8B
| $15.7M | ﹤0.01% |
144,100
-20,700
| -13% | -$2.07M |
|
|
HSAI
2283
CALL
Hesai Group
HSAI
$2.86B
| $15.7M | ﹤0.01% |
715,900
+183,100
| +34% | +$3.22M |
|
2284
PUT
TMC The Metals Company
TMC
$1.74B
| $15.7M | ﹤0.01% |
2,380,000
+1,941,600
| +443% | +$7.45M |
|
2285
CALL
Annaly Capital Management
NLY
$17.6B
| $15.7M | ﹤0.01% |
833,100
+90,200
| +12% | +$1.72M |
|
2286
iShares Russell 1000 Growth ETF
IWF
$128B
| $15.7M | ﹤0.01% |
147,668
+2,740
| +2% | +$262K |
|
2287
PUT
Jacobs Solutions
J
$16.9B
| $15.7M | ﹤0.01% |
119,200
+63,751
| +115% | +$7.86M |
|
2288
CALL
PTC
PTC
$16.2B
| $15.6M | ﹤0.01% |
90,800
+4,700
| +5% | +$757K |
|
2289
CALL
Pool Corp
POOL
$7.08B
| $15.6M | ﹤0.01% |
53,600
+14,600
| +37% | +$4.42M |
|
2290
PUT
Matsons
MATX
$6.5B
| $15.6M | ﹤0.01% |
140,300
+136,100
| +3,240% | +$14.9M |
|
2291
CALL
Redwire
RDW
$3.39B
| $15.6M | ﹤0.01% |
957,700
+662,100
| +224% | +$8.63M |
|
2292
PUT
Sunoco
SUN
$14.2B
| $15.6M | ﹤0.01% |
291,200
+120,200
| +70% | +$6.64M |
|
2293
PUT
GFL Environmental
GFL
$15.1B
| $15.6M | ﹤0.01% |
309,200
+66,200
| +27% | +$3.25M |
|
2294
CALL
Exelon
EXC
$47.2B
| $15.6M | ﹤0.01% |
358,600
-367,000
| -51% | -$16.3M |
|
2295
Futu Holdings
FUTU
$14.8B
| $15.6M | ﹤0.01% |
125,981
-46,245
| -27% | -$4.73M |
|
2296
Palo Alto Networks
PANW
$313B
| $15.5M | ﹤0.01% |
75,874
-19,724
| -21% | -$3.66M |
|
2297
Campbell Soup
CPB
$6.91B
| $15.5M | ﹤0.01% |
506,415
+374,086
| +283% | +$13.2M |
|
2298
Hamilton Lane
HLNE
$5.74B
| $15.5M | ﹤0.01% |
109,173
+60,636
| +125% | +$9.14M |
|
2299
CALL
ICICI Bank
IBN
$107B
| $15.5M | ﹤0.01% |
461,100
+315,300
| +216% | +$10.4M |
|
2300
Crown Holdings
CCK
$12.9B
| $15.5M | ﹤0.01% |
150,609
+100,002
| +198% | +$9.52M |
|
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.