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 | |
|---|---|---|---|---|---|---|
|
DVAX
6176
DELISTED
Dynavax Technologies
DVAX
| $1.68M | ﹤0.01% |
168,922
-11,908
| -7% | -$125K |
|
|
RAL
6177
Ralliant Corp
RAL
$7.77B
| $1.68M | ﹤0.01% |
+34,548
| New | +$1.7M |
|
|
CVGW
6178
PUT
DELISTED
Calavo Growers
CVGW
| $1.68M | ﹤0.01% |
+63,000
| New | +$1.65M |
|
6179
CALL
Meritage Homes
MTH
$4.61B
| $1.67M | ﹤0.01% |
25,000
-14,300
| -36% | -$948K |
|
6180
Virtus Investment Partners
VRTS
$1.12B
| $1.67M | ﹤0.01% |
9,218
-794
| -8% | -$132K |
|
6181
CALL
Vaxcyte
PCVX
$8.99B
| $1.67M | ﹤0.01% |
51,400
-81,200
| -61% | -$2.66M |
|
6182
PUT
Asbury Automotive
ABG
$3.69B
| $1.67M | ﹤0.01% |
7,000
| – | – |
|
6183
Roundhill Generative AI & Technology ETF
CHAT
$1.87B
| $1.67M | ﹤0.01% |
34,211
-44,009
| -56% | -$1.75M |
|
6184
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$521M
| $1.67M | ﹤0.01% |
21,010
-76,263
| -78% | -$5.47M |
|
6185
Cardiff Oncology
CRDF
$71.3M
| $1.67M | ﹤0.01% |
529,057
+150,612
| +40% | +$459K |
|
6186
Innovator Laddered Allocation Power Buffer ETF
BUFF
$964M
| $1.66M | ﹤0.01% |
35,418
-79,944
| -69% | -$3.58M |
|
6187
PUT
Beazer Homes USA
BZH
$872M
| $1.66M | ﹤0.01% |
74,400
-45,900
| -38% | -$953K |
|
|
TWO
6188
CALL
Two Harbors Investment
TWO
$1.26B
| $1.66M | ﹤0.01% |
154,500
-8,000
| -5% | -$90.1K |
|
6189
CALL
Evolent Health
EVH
$501M
| $1.66M | ﹤0.01% |
147,700
-13,000
| -8% | -$119K |
|
6190
Stepan Co
SCL
$1.46B
| $1.66M | ﹤0.01% |
30,468
-723
| -2% | -$38.2K |
|
6191
CALL
Vivid Seats
SEAT
$79M
| $1.66M | ﹤0.01% |
49,190
+48,610
| +8,381% | +$2.08M |
|
|
LOVE
6192
CALL
LoveSac
LOVE
$251M
| $1.66M | ﹤0.01% |
91,300
+11,900
| +15% | +$226K |
|
6193
JPMorgan Core Plus Bond ETF
JCPB
$14.3B
| $1.66M | ﹤0.01% |
+35,304
| New | +$1.64M |
|
6194
Virtus Biotech ETF
BBP
$108M
| $1.66M | ﹤0.01% |
+28,503
| New | +$1.61M |
|
|
DAY
6195
DELISTED
Dayforce
DAY
| $1.66M | ﹤0.01% |
29,925
+10,356
| +53% | +$592K |
|
6196
LGI Homes
LGIH
$1.32B
| $1.66M | ﹤0.01% |
32,141
+3,664
| +13% | +$200K |
|
6197
PUT
Veralto
VLTO
$23.7B
| $1.66M | ﹤0.01% |
16,400
-134,400
| -89% | -$13M |
|
6198
Revolve Group
RVLV
$1.65B
| $1.66M | ﹤0.01% |
82,571
-18,482
| -18% | -$374K |
|
|
BCCC
6199
Global X Bitcoin Covered Call ETF
BCCC
$8.75M
| $1.65M | ﹤0.01% |
+65,491
| New | +$1.65M |
|
6200
PUT
First Trust Cloud Computing ETF
SKYY
$3.3B
| $1.65M | ﹤0.01% |
13,600
+5,500
| +68% | +$601K |
|
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.