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 | |
|---|---|---|---|---|---|---|
2426
CALL
Evercore
EVR
$11.8B
| $14M | ﹤0.01% |
51,700
+15,300
| +42% | +$3.37M |
|
2427
JetBlue
JBLU
$2.13B
| $14M | ﹤0.01% |
3,299,567
+1,700,363
| +106% | +$7.61M |
|
2428
Motorola Solutions
MSI
$77.2B
| $13.9M | ﹤0.01% |
33,173
+17,123
| +107% | +$7.16M |
|
|
SMCX
2429
PUT
Defiance Daily Target 2X Long SMCI ETF
SMCX
$305M
| $13.9M | ﹤0.01% |
140,950
+14,150
| +11% | +$983K |
|
2430
PACCAR
PCAR
$68.8B
| $13.9M | ﹤0.01% |
146,362
+79,757
| +120% | +$7.37M |
|
2431
Applied Optoelectronics
AAOI
$12.7B
| $13.9M | ﹤0.01% |
541,103
+474,709
| +715% | +$7.68M |
|
2432
CALL
FuboTV Inc
FUBO
$307M
| $13.9M | ﹤0.01% |
299,892
+66,917
| +29% | +$2.5M |
|
2433
PUT
Amplify Junior Silver Miners ETF
SILJ
$3.95B
| $13.9M | ﹤0.01% |
937,600
+487,800
| +108% | +$6.35M |
|
2434
EPAM Systems
EPAM
$5.18B
| $13.8M | ﹤0.01% |
78,306
+19,453
| +33% | +$3.25M |
|
2435
PUT
Kinsale Capital Group
KNSL
$8.64B
| $13.8M | ﹤0.01% |
28,600
-400
| -1% | -$187K |
|
2436
CALL
Coeur Mining
CDE
$19.3B
| $13.8M | ﹤0.01% |
1,560,300
+578,600
| +59% | +$4.21M |
|
2437
Semtech
SMTC
$13.1B
| $13.8M | ﹤0.01% |
305,994
+169,101
| +124% | +$6.02M |
|
2438
PUT
NetApp
NTAP
$40.6B
| $13.8M | ﹤0.01% |
129,600
-65,100
| -33% | -$6.18M |
|
2439
PUT
American Eagle Outfitters
AEO
$2.71B
| $13.8M | ﹤0.01% |
1,435,000
-4,424,500
| -76% | -$47.5M |
|
2440
Phillips 66
PSX
$93.2B
| $13.8M | ﹤0.01% |
115,642
+47,666
| +70% | +$5.34M |
|
2441
Caesars Entertainment
CZR
$6.06B
| $13.8M | ﹤0.01% |
485,776
-177,258
| -27% | -$4.82M |
|
2442
PUT
OneMain Financial
OMF
$7.56B
| $13.8M | ﹤0.01% |
241,900
-23,300
| -9% | -$1.16M |
|
2443
CALL
OSI Systems
OSIS
$3.76B
| $13.8M | ﹤0.01% |
61,300
+23,800
| +63% | +$5.08M |
|
|
WCN
2444
CALL
Waste Connections
WCN
$41.8B
| $13.8M | ﹤0.01% |
73,800
-96,800
| -57% | -$18.6M |
|
2445
CALL
Floor & Decor
FND
$6.24B
| $13.8M | ﹤0.01% |
181,200
+15,800
| +10% | +$1.17M |
|
2446
CALL
Capricor Therapeutics
CAPR
$386M
| $13.8M | ﹤0.01% |
1,385,900
+1,283,200
| +1,249% | +$13.6M |
|
|
PR
2447
Permian Resources
PR
$18B
| $13.8M | ﹤0.01% |
1,010,353
+97,394
| +11% | +$1.25M |
|
2448
CALL
PVH
PVH
$3.8B
| $13.8M | ﹤0.01% |
200,500
+158,900
| +382% | +$11.5M |
|
2449
Marathon Digital Holdings
MARA
$3.55B
| $13.7M | ﹤0.01% |
876,462
-194,685
| -18% | -$2.79M |
|
2450
PUT
Chord Energy
CHRD
$7.51B
| $13.7M | ﹤0.01% |
141,800
+3,000
| +2% | +$286K |
|
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.