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 | |
|---|---|---|---|---|---|---|
6526
Evolus
EOLS
$539M
| $1.45M | ﹤0.01% |
157,634
+17,302
| +12% | +$177K |
|
|
WELD
6527
Tema U.S. Manufacturing & Reshoring ETF
WELD
$301M
| $1.45M | ﹤0.01% |
+36,964
| New | +$1.33M |
|
6528
PUT
Lincoln Electric
LECO
$15.6B
| $1.45M | ﹤0.01% |
7,000
+3,100
| +79% | +$593K |
|
6529
CALL
Janux Therapeutics
JANX
$994M
| $1.45M | ﹤0.01% |
62,800
-48,000
| -43% | -$1.26M |
|
6530
CALL
Ecopetrol
EC
$35.3B
| $1.45M | ﹤0.01% |
163,900
-32,700
| -17% | -$289K |
|
6531
Vera Therapeutics
VERA
$2.28B
| $1.45M | ﹤0.01% |
61,565
-39,714
| -39% | -$893K |
|
6532
CALL
Golub Capital BDC
GBDC
$3.44B
| $1.45M | ﹤0.01% |
99,000
+36,100
| +57% | +$526K |
|
6533
PUT
The Ensign Group
ENSG
$10.6B
| $1.45M | ﹤0.01% |
9,400
+3,200
| +52% | +$449K |
|
6534
iShares Global Materials ETF
MXI
$357M
| $1.45M | ﹤0.01% |
16,958
-3,734
| -18% | -$309K |
|
|
KYNB
6535
CALL
Kyntra Bio
KYNB
$28.5M
| $1.45M | ﹤0.01% |
273,400
+263,960
| +2,796% | +$1.93M |
|
6536
iShares Core Dividend ETF
DIVB
$1.83B
| $1.45M | ﹤0.01% |
28,768
-88,731
| -76% | -$4.22M |
|
6537
Daily Journal
DJCO
$821M
| $1.45M | ﹤0.01% |
3,428
+1,690
| +97% | +$675K |
|
6538
Compass Minerals
CMP
$1.11B
| $1.45M | ﹤0.01% |
72,038
-256,056
| -78% | -$4.14M |
|
6539
Middlesex Water
MSEX
$1.09B
| $1.45M | ﹤0.01% |
26,704
-14,430
| -35% | -$854K |
|
|
KHPI
6540
Kensington Hedged Premium Income ETF
KHPI
$425M
| $1.45M | ﹤0.01% |
+57,209
| New | +$1.39M |
|
6541
IMAX
IMAX
$2.9B
| $1.45M | ﹤0.01% |
51,716
+581
| +1% | +$15.1K |
|
6542
CALL
Vanguard Extended Market ETF
VXF
$32.3B
| $1.45M | ﹤0.01% |
7,500
-3,100
| -29% | -$551K |
|
6543
Vanguard Russell 1000 ETF
VONE
$8.68B
| $1.45M | ﹤0.01% |
5,146
-1,865
| -27% | -$484K |
|
|
IGTR
6544
DELISTED
Innovator Gradient Tactical Rotation Strategy ETF
IGTR
| $1.44M | ﹤0.01% |
58,512
+19,616
| +50% | +$467K |
|
6545
PUT
CONMED
CNMD
$1.48B
| $1.44M | ﹤0.01% |
+27,700
| New | +$1.52M |
|
6546
State Street SPDR Russell 1000 Yield Focus ETF
ONEY
$674M
| $1.44M | ﹤0.01% |
+13,318
| New | +$1.41M |
|
6547
Pacer Trendpilot 100 ETF
PTNQ
$1.27B
| $1.44M | ﹤0.01% |
+20,198
| New | +$1.37M |
|
6548
CALL
Gaotu Techedu
GOTU
$391M
| $1.44M | ﹤0.01% |
399,000
-78,100
| -16% | -$268K |
|
6549
PUT
Fox Class A
FOXA
$29B
| $1.44M | ﹤0.01% |
25,700
-28,100
| -52% | -$1.48M |
|
6550
PUT
Axalta
AXTA
$7.99B
| $1.44M | ﹤0.01% |
48,500
-25,300
| -34% | -$788K |
|
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.