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 | |
|---|---|---|---|---|---|---|
|
NAK
6351
CALL
Northern Dynasty Minerals
NAK
$902M
| $1.55M | ﹤0.01% |
1,158,100
+271,000
| +31% | +$302K |
|
6352
PUT
1st Source
SRCE
$2.12B
| $1.55M | ﹤0.01% |
+25,000
| New | +$1.49M |
|
6353
First Trust Industrials/Producer Durables AlphaDEX Fund
FXR
$763M
| $1.55M | ﹤0.01% |
20,905
-8,685
| -29% | -$606K |
|
|
MFA
6354
CALL
MFA Financial
MFA
$921M
| $1.55M | ﹤0.01% |
164,000
+79,500
| +94% | +$751K |
|
6355
CALL
CubeSmart
CUBE
$9.34B
| $1.55M | ﹤0.01% |
36,500
-4,400
| -11% | -$182K |
|
6356
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.91B
| $1.55M | ﹤0.01% |
18,127
+11,625
| +179% | +$945K |
|
6357
PUT
Goosehead Insurance
GSHD
$2.35B
| $1.55M | ﹤0.01% |
14,700
-2,700
| -16% | -$286K |
|
6358
ENI
E
$80.9B
| $1.55M | ﹤0.01% |
47,836
+39,275
| +459% | +$1.16M |
|
6359
Capital Group US Multi-Sector Income ETF
CGMS
$5.43B
| $1.55M | ﹤0.01% |
+56,107
| New | +$1.52M |
|
6360
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$261M
| $1.55M | ﹤0.01% |
68,100
+52,600
| +339% | +$1.11M |
|
6361
iShares Dow Jones US ETF
IYY
$3.07B
| $1.55M | ﹤0.01% |
10,268
-30,009
| -75% | -$4.18M |
|
6362
PUT
Philips
PHG
$26.2B
| $1.55M | ﹤0.01% |
66,998
-2,187
| -3% | -$49K |
|
6363
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.75B
| $1.55M | ﹤0.01% |
41,614
-16,887
| -29% | -$580K |
|
6364
Roundhill Ball Metaverse ETF
METV
$212M
| $1.55M | ﹤0.01% |
90,914
+50,825
| +127% | +$750K |
|
6365
CALL
VSE Corp
VSEC
$6.79B
| $1.55M | ﹤0.01% |
11,800
+7,300
| +162% | +$910K |
|
6366
Aquestive Therapeutics
AQST
$538M
| $1.54M | ﹤0.01% |
466,761
+181,119
| +63% | +$520K |
|
6367
CALL
Vanguard Total International Bond ETF
BNDX
$82.6B
| $1.54M | ﹤0.01% |
31,200
+20,600
| +194% | +$1.01M |
|
6368
Vestis
VSTS
$1.77B
| $1.54M | ﹤0.01% |
269,559
-461,313
| -63% | -$3.24M |
|
6369
CALL
Direxion Daily Real Estate Bull 3X ETF
DRN
$46.3M
| $1.54M | ﹤0.01% |
161,700
-54,500
| -25% | -$510K |
|
6370
FT Vest US Equity Deep Buffer ETF May
DMAY
$382M
| $1.54M | ﹤0.01% |
36,062
+5,688
| +19% | +$230K |
|
6371
PUT
Procept Biorobotics
PRCT
$1.21B
| $1.54M | ﹤0.01% |
26,800
-42,500
| -61% | -$2.4M |
|
6372
Fidelity Enhanced Large Cap Core ETF
FELC
$8.55B
| $1.54M | ﹤0.01% |
44,740
-27,414
| -38% | -$874K |
|
6373
CALL
Compass Minerals
CMP
$1.08B
| $1.54M | ﹤0.01% |
76,800
-7,300
| -9% | -$118K |
|
6374
PUT
iShares S&P 500 Growth ETF
IVW
$77.4B
| $1.54M | ﹤0.01% |
14,000
-2,100
| -13% | -$208K |
|
6375
PUT
Cerence
CRNC
$385M
| $1.54M | ﹤0.01% |
150,900
-20,100
| -12% | -$177K |
|
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.