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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.87B |
| 2 |
NVIDIA
NVDA
|
+$2.46B |
| 3 |
Microsoft
MSFT
|
+$1.32B |
| 4 |
Amazon
AMZN
|
+$1.13B |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$1.12B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.78B |
| 2 |
SNDK
Sandisk
SNDK
|
+$949M |
| 3 |
Advanced Micro Devices
AMD
|
+$926M |
| 4 |
Micron Technology
MU
|
+$585M |
| 5 |
Vanguard Total International Stock ETF
VXUS
|
+$509M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.8% |
| 2 | Technology | 2.93% |
| 3 | Communication Services | 0.62% |
| 4 | Consumer Discretionary | 0.62% |
| 5 | Industrials | 0.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
351
PUT
Humana
HUM
$46.6B
| $423M | 0.03% |
1,066,000
-177,800
| -14% | -$50.6M |
2013 Q2
52 quarters
|
|
|
NVO
352
PUT
Novo Nordisk
NVO
$165B
| $423M | 0.03% |
8,830,300
-6,489,000
| -42% | -$279M |
2013 Q2
52 quarters
|
|
353
CALL
Eaton
ETN
$169B
| $423M | 0.03% |
991,900
+71,600
| +8% | +$28.9M |
2013 Q2
52 quarters
|
|
354
PUT
Freeport-McMoran
FCX
$103B
| $422M | 0.03% |
6,714,800
+364,400
| +6% | +$23.4M |
2013 Q2
52 quarters
|
|
355
PUT
Celestica
CLS
$48.8B
| $419M | 0.03% |
1,148,500
+142,400
| +14% | +$53.4M |
2023 Q3
11 quarters
|
|
356
PUT
Linde
LIN
$221B
| $415M | 0.03% |
800,100
+380,100
| +91% | +$193M |
2018 Q4
30 quarters
|
|
357
CALL
Analog Devices
ADI
$202B
| $415M | 0.03% |
1,044,500
+97,700
| +10% | +$38.7M |
2013 Q2
52 quarters
|
|
358
PUT
Comfort Systems
FIX
$60.8B
| $413M | 0.03% |
208,300
+110,800
| +114% | +$201M |
2023 Q1
13 quarters
|
|
359
CALL
CVS Health
CVS
$111B
| $410M | 0.03% |
3,961,300
-955,700
| -19% | -$85.3M |
2013 Q2
52 quarters
|
|
|
CRCL
360
CALL
Circle Internet Group
CRCL
$20.6B
| $409M | 0.03% |
6,532,000
-205,900
| -3% | -$20M |
2025 Q2
4 quarters
|
|
361
CALL
United Airlines
UAL
$36.5B
| $409M | 0.03% |
3,005,300
-2,710,700
| -47% | -$281M |
2013 Q2
52 quarters
|
|
362
PUT
RTX Corp
RTX
$249B
| $408M | 0.03% |
2,148,000
-229,100
| -10% | -$42M |
2013 Q2
52 quarters
|
|
363
Bloom Energy
BE
$85.2B
| $406M | 0.03% |
1,342,797
+859,549
| +178% | +$220M |
2022 Q2
16 quarters
|
|
364
PUT
Applied Optoelectronics
AAOI
$9.81B
| $404M | 0.03% |
2,729,700
+633,300
| +30% | +$103M |
2016 Q2
40 quarters
|
|
365
PUT
lululemon athletica
LULU
$10.5B
| $404M | 0.03% |
3,534,900
-177,900
| -5% | -$23.8M |
2013 Q2
52 quarters
|
|
|
CRCL
366
PUT
Circle Internet Group
CRCL
$20.6B
| $400M | 0.03% |
6,394,500
+1,498,100
| +31% | +$146M |
2025 Q2
4 quarters
|
|
367
PUT
Delta Air Lines
DAL
$55.3B
| $400M | 0.03% |
4,269,900
-629,100
| -13% | -$47.5M |
2013 Q2
52 quarters
|
|
|
368
CALL
Humana
HUM
$46.6B
| $400M | 0.03% |
1,006,600
-67,300
| -6% | -$19.2M |
2013 Q2
52 quarters
|
|
369
CALL
Verizon
VZ
$191B
| $399M | 0.03% |
9,425,900
-711,800
| -7% | -$33.4M |
2013 Q2
52 quarters
|
|
370
CALL
Moderna
MRNA
$75.9B
| $399M | 0.03% |
5,692,300
-1,341,300
| -19% | -$69.4M |
2019 Q1
29 quarters
|
|
371
CALL
Deere & Co
DE
$185B
| $395M | 0.03% |
623,000
+75,200
| +14% | +$43.6M |
2013 Q2
52 quarters
|
|
|
372
CALL
Applied Optoelectronics
AAOI
$9.81B
| $395M | 0.03% |
2,663,500
+725,000
| +37% | +$118M |
2016 Q2
40 quarters
|
|
373
CALL
Honeywell
HON
$67.8B
| $391M | 0.03% |
1,746,900
-199,000
| -10% | -$44.4M |
2013 Q2
52 quarters
|
|
374
CALL
PepsiCo
PEP
$172B
| $391M | 0.03% |
2,887,900
-159,100
| -5% | -$23.8M |
2013 Q2
52 quarters
|
|
375
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$42.6B
| $388M | 0.03% |
2,447,500
+1,524,900
| +165% | +$227M |
2013 Q2
52 quarters
|
|
Similar funds
Susquehanna International Group's Q2 2026 Portfolio in Review
As of Q2 2026, Susquehanna International Group held 15,023 positions worth $1.28T, up 44% from $893B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Susquehanna International Group's Q2 2026 filing shows 1,956 new, 5,793 increased, 5,445 reduced and 1,748 closed positions. Its largest new stake was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M. The largest sale was Invesco QQQ Trust, an estimated $1.78B.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, down from 94% a quarter earlier, followed by Technology and Communication Services.
- Susquehanna International Group's largest Q2 2026 buy was Vanguard Total International Bond ETF: 5,720,864 shares worth $277M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $2.87B increase.
- Susquehanna International Group's biggest Q2 2026 reduction was Invesco QQQ Trust, cutting an estimated $1.78B.
- Susquehanna International Group fully exited iShares MSCI Emerging Markets ex China ETF in Q2 2026, selling an estimated $142M.
- Susquehanna International Group's ten largest holdings make up 27% of its $1.28T portfolio in Q2 2026.
- Susquehanna International Group opened 1,956 new positions and closed 1,748 in Q2 2026.
- Susquehanna International Group's portfolio value rose 44% quarter-over-quarter to $1.28T.
Based on Susquehanna International Group's 13F filing for Q2 2026, filed 14 Aug 2026.