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 | |
|---|---|---|---|---|---|---|
|
VPU
6501
Vanguard Utilities ETF
VPU
$8.54B
| $1.47M | ﹤0.01% |
8,312
+5,220
| +169% | +$900K |
|
6502
PUT
Neonode
NEON
$15.3M
| $1.47M | ﹤0.01% |
57,500
+4,300
| +8% | +$51.3K |
|
|
IBHE
6503
DELISTED
iShares iBonds 2025 Term High Yield and Income ETF
IBHE
| $1.46M | ﹤0.01% |
62,995
+40,634
| +182% | +$942K |
|
6504
Invesco WilderHill Clean Energy ETF
PBW
$443M
| $1.46M | ﹤0.01% |
73,535
+16,176
| +28% | +$278K |
|
|
BCPC
6505
CALL
Balchem Corp
BCPC
$5.69B
| $1.46M | ﹤0.01% |
9,200
+6,400
| +229% | +$1.04M |
|
6506
ProShares Ultra Silver
AGQ
$1.48B
| $1.46M | ﹤0.01% |
30,835
-153,019
| -83% | -$6.46M |
|
|
IONX
6507
Defiance Daily Target 2X Long IONQ ETF
IONX
$229M
| $1.46M | ﹤0.01% |
+13,937
| New | +$1.03M |
|
6508
Schwab US Broad Market ETF
SCHB
$45B
| $1.46M | ﹤0.01% |
61,368
-57,506
| -48% | -$1.27M |
|
6509
CALL
Wyndham Hotels & Resorts
WH
$5.46B
| $1.46M | ﹤0.01% |
18,000
+300
| +2% | +$25.1K |
|
6510
PUT
Landstar System
LSTR
$6.45B
| $1.46M | ﹤0.01% |
+10,500
| New | +$1.46M |
|
6511
Wave Life Sciences
WVE
$1.07B
| $1.46M | ﹤0.01% |
224,426
+107,337
| +92% | +$709K |
|
6512
Dream Finders Homes
DFH
$1.42B
| $1.46M | ﹤0.01% |
58,038
+10,946
| +23% | +$246K |
|
6513
Cannae Holdings
CNNE
$635M
| $1.46M | ﹤0.01% |
69,930
-1,814
| -3% | -$33.5K |
|
6514
PUT
LGI Homes
LGIH
$1.39B
| $1.46M | ﹤0.01% |
28,300
-4,100
| -13% | -$224K |
|
6515
CALL
Wolfspeed
WOLF
$1.82B
| $1.46M | ﹤0.01% |
3,644,900
+1,418,100
| +64% | +$3.23M |
|
6516
ANI Pharmaceuticals
ANIP
$1.75B
| $1.46M | ﹤0.01% |
22,340
-25,721
| -54% | -$1.67M |
|
|
ARIS
6517
CALL
DELISTED
Aris Water Solutions
ARIS
| $1.46M | ﹤0.01% |
61,600
-15,900
| -21% | -$392K |
|
6518
Global X Artificial Intelligence & Technology ETF
AIQ
$10.3B
| $1.46M | ﹤0.01% |
33,343
+5,789
| +21% | +$225K |
|
6519
Schwab US REIT ETF
SCHH
$11.3B
| $1.46M | ﹤0.01% |
68,769
-43,561
| -39% | -$913K |
|
6520
CALL
St. Joe Company
JOE
$3.89B
| $1.45M | ﹤0.01% |
30,500
+16,800
| +123% | +$751K |
|
|
ZK
6521
DELISTED
Zeekr
ZK
| $1.45M | ﹤0.01% |
57,051
+3,797
| +7% | +$93.6K |
|
6522
Arqit Quantum
ARQQ
$424M
| $1.45M | ﹤0.01% |
+39,263
| New | +$841K |
|
6523
PUT
NextDecade
NEXT
$1.85B
| $1.45M | ﹤0.01% |
163,000
-421,600
| -72% | -$3.27M |
|
|
DMAX
6524
iShares Large Cap Max Buffer Dec ETF
DMAX
$139M
| $1.45M | ﹤0.01% |
56,289
+41,646
| +284% | +$1.05M |
|
6525
iShares MSCI Thailand ETF
THD
$358M
| $1.45M | ﹤0.01% |
+28,774
| New | +$1.52M |
|
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.