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 | |
|---|---|---|---|---|---|---|
6851
PUT
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.33B
| $1.26M | ﹤0.01% |
31,100
+7,200
| +30% | +$275K |
|
|
ORC
6852
Orchid Island Capital
ORC
$1.33B
| $1.26M | ﹤0.01% |
179,889
+35,871
| +25% | +$249K |
|
6853
PUT
ProShares UltraPro Short Dow 30
SDOW
$176M
| $1.26M | ﹤0.01% |
30,400
-80,100
| -72% | -$4.08M |
|
|
SNWV
6854
SANUWAVE Health Inc
SNWV
$42.7M
| $1.26M | ﹤0.01% |
38,359
-27,074
| -41% | -$818K |
|
6855
CALL
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.5B
| $1.26M | ﹤0.01% |
15,200
+4,500
| +42% | +$366K |
|
|
CVSA
6856
PUT
Covista Inc
CVSA
$4.5B
| $1.26M | ﹤0.01% |
9,900
+2,500
| +34% | +$296K |
|
|
LOMA
6857
CALL
Loma Negra
LOMA
$1.09B
| $1.26M | ﹤0.01% |
114,800
+68,000
| +145% | +$787K |
|
6858
Fidelity Small-Mid Multifactor ETF
FSMD
$2.64B
| $1.26M | ﹤0.01% |
30,352
-56,319
| -65% | -$2.22M |
|
6859
Sturm, Ruger & Co
RGR
$598M
| $1.26M | ﹤0.01% |
35,050
+14,057
| +67% | +$522K |
|
6860
Immunome
IMNM
$3.11B
| $1.26M | ﹤0.01% |
135,162
-1,241,891
| -90% | -$10.2M |
|
|
RGTX
6861
Defiance Daily Target 2X Long RGTI ETF
RGTX
$68.4M
| $1.26M | ﹤0.01% |
+39,761
| New | +$1.17M |
|
|
CSR
6862
Centerspace
CSR
$918M
| $1.26M | ﹤0.01% |
20,864
+520
| +3% | +$31.9K |
|
6863
Metropolitan Bank Holding Corp
MCB
$1.16B
| $1.25M | ﹤0.01% |
17,926
-1,006
| -5% | -$62.3K |
|
6864
PUT
Energizer
ENR
$1.53B
| $1.25M | ﹤0.01% |
62,200
+51,100
| +460% | +$1.23M |
|
6865
Amphastar Pharmaceuticals
AMPH
$887M
| $1.25M | ﹤0.01% |
54,598
-16,111
| -23% | -$400K |
|
6866
Regenxbio
RGNX
$748M
| $1.25M | ﹤0.01% |
152,660
+12,190
| +9% | +$102K |
|
6867
CALL
iShares MSCI Turkey ETF
TUR
$221M
| $1.25M | ﹤0.01% |
38,800
-2,100
| -5% | -$65.9K |
|
6868
USCF Midstream Energy Income Fund
UMI
$514M
| $1.25M | ﹤0.01% |
+24,503
| New | +$1.22M |
|
6869
CALL
Brink's
BCO
$4.58B
| $1.25M | ﹤0.01% |
14,000
-1,500
| -10% | -$131K |
|
6870
Bloomin' Brands
BLMN
$915M
| $1.25M | ﹤0.01% |
145,125
-10,913
| -7% | -$87.6K |
|
6871
PUT
iShares International Select Dividend ETF
IDV
$8.6B
| $1.25M | ﹤0.01% |
36,200
-600
| -2% | -$19.6K |
|
|
TGB
6872
PUT
Trekor Metals
TGB
$3.21B
| $1.25M | ﹤0.01% |
396,500
+236,700
| +148% | +$554K |
|
6873
iShares iBonds Dec 2032 Term Treasury ETF
IBTM
$561M
| $1.25M | ﹤0.01% |
54,222
+20,065
| +59% | +$456K |
|
6874
Bitdeer Technologies
BTDR
$2.55B
| $1.25M | ﹤0.01% |
108,774
+86,604
| +391% | +$1M |
|
6875
CALL
BGC Group
BGC
$5.31B
| $1.25M | ﹤0.01% |
122,000
-64,800
| -35% | -$595K |
|
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.