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 | |
|---|---|---|---|---|---|---|
6201
McEwen Inc
MUX
$1.13B
| $1.65M | ﹤0.01% |
172,085
-23,430
| -12% | -$191K |
|
6202
Regency Centers
REG
$14B
| $1.65M | ﹤0.01% |
23,215
+2,500
| +12% | +$179K |
|
6203
Quanex
NX
$935M
| $1.65M | ﹤0.01% |
87,442
+13,134
| +18% | +$233K |
|
|
SILA
6204
DELISTED
Sila Realty Trust
SILA
| $1.65M | ﹤0.01% |
69,804
-983,836
| -93% | -$24.8M |
|
6205
Aspen Aerogels
ASPN
$458M
| $1.65M | ﹤0.01% |
278,987
+66,083
| +31% | +$380K |
|
6206
CALL
Exponent
EXPO
$3.24B
| $1.65M | ﹤0.01% |
22,100
+2,200
| +11% | +$170K |
|
6207
Energizer
ENR
$1.53B
| $1.65M | ﹤0.01% |
81,849
-4,755
| -5% | -$114K |
|
6208
Cadre Holdings
CDRE
$1.44B
| $1.65M | ﹤0.01% |
51,757
+5,642
| +12% | +$182K |
|
6209
PUT
A.O. Smith
AOS
$8.3B
| $1.65M | ﹤0.01% |
25,100
-43,800
| -64% | -$2.87M |
|
|
ZJUN
6210
Innovator Equity Defined Protection ETF - 1 Yr June
ZJUN
$161M
| $1.65M | ﹤0.01% |
+63,110
| New | +$1.63M |
|
6211
CALL
Moelis & Co
MC
$4.96B
| $1.65M | ﹤0.01% |
26,400
-14,500
| -35% | -$814K |
|
|
EFC
6212
PUT
Ellington Financial
EFC
$1.75B
| $1.64M | ﹤0.01% |
126,600
+86,400
| +215% | +$1.1M |
|
6213
PUT
Invesco CurrencyShares Canadian Dollar Trust
FXC
$70.3M
| $1.64M | ﹤0.01% |
22,900
+19,200
| +519% | +$1.36M |
|
6214
Kimco Realty
KIM
$16.3B
| $1.64M | ﹤0.01% |
78,228
-12,449
| -14% | -$258K |
|
6215
ACNB Corp
ACNB
$651M
| $1.64M | ﹤0.01% |
38,378
+19,063
| +99% | +$794K |
|
6216
CALL
ImmunityBio
IBRX
$8.13B
| $1.64M | ﹤0.01% |
622,700
+182,000
| +41% | +$489K |
|
6217
CALL
Photronics
PLAB
$1.86B
| $1.64M | ﹤0.01% |
87,300
-200
| -0.2% | -$3.74K |
|
6218
OceanFirst Financial
OCFC
$1.88B
| $1.64M | ﹤0.01% |
93,298
+1,041
| +1% | +$17.4K |
|
6219
First Trust Emerging Markets Equity Select ETF
RNEM
$16.8M
| $1.64M | ﹤0.01% |
29,713
-6,461
| -18% | -$345K |
|
6220
PUT
FLEX LNG
FLNG
$1.67B
| $1.64M | ﹤0.01% |
74,600
+21,900
| +42% | +$513K |
|
|
ETHD
6221
ProShares UltraShort Ether ETF
ETHD
$61.1M
| $1.64M | ﹤0.01% |
10,966
+8,967
| +449% | +$2.72M |
|
|
UCTT
6222
Ultra Clean Holdings
UCTT
$3.67B
| $1.64M | ﹤0.01% |
72,618
-13,332
| -16% | -$274K |
|
6223
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.77B
| $1.64M | ﹤0.01% |
30,132
+19,315
| +179% | +$943K |
|
6224
Angi Inc
ANGI
$184M
| $1.64M | ﹤0.01% |
107,223
+96,446
| +895% | +$1.39M |
|
6225
Healthcare Services Group
HCSG
$1.51B
| $1.64M | ﹤0.01% |
108,829
-3,204
| -3% | -$42.5K |
|
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.