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 | |
|---|---|---|---|---|---|---|
6876
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$196M
| $1.25M | ﹤0.01% |
33,771
-24,032
| -42% | -$930K |
|
|
CRWL
6877
GraniteShares 2x Long CRWD Daily ETF
CRWL
$54.3M
| $1.25M | ﹤0.01% |
29,452
-26,244
| -47% | -$843K |
|
|
LB
6878
LandBridge Co
LB
$2.26B
| $1.25M | ﹤0.01% |
+18,443
| New | +$1.33M |
|
|
GRSD
6879
PUT
Grandstand Ltd
GRSD
$73M
| $1.25M | ﹤0.01% |
104,800
+27,300
| +35% | +$337K |
|
6880
Fidelity MSCI Information Technology Index ETF
FTEC
$21.5B
| $1.25M | ﹤0.01% |
6,316
-36,139
| -85% | -$6.25M |
|
|
SVC
6881
Service Properties Trust
SVC
$1.05B
| $1.24M | ﹤0.01% |
104,113
-13,454
| -11% | -$145K |
|
6882
FT Vest US Equity Deep Buffer ETF February
DFEB
$445M
| $1.24M | ﹤0.01% |
27,846
+17,797
| +177% | +$760K |
|
|
MBNE
6883
DELISTED
State Street Nuveen Municipal Bond ESG ETF
MBNE
| $1.24M | ﹤0.01% |
43,226
+8,379
| +24% | +$240K |
|
6884
PUT
Precigen
PGEN
$2.35B
| $1.24M | ﹤0.01% |
875,200
+862,000
| +6,530% | +$1.22M |
|
6885
CALL
Voya Financial
VOYA
$9.07B
| $1.24M | ﹤0.01% |
17,500
-500
| -3% | -$32.1K |
|
6886
Tango Therapeutics
TNGX
$4.26B
| $1.24M | ﹤0.01% |
242,447
+175,832
| +264% | +$435K |
|
|
TOPC
6887
iShares S&P 500 3% Capped ETF
TOPC
$31.8M
| $1.24M | ﹤0.01% |
+43,543
| New | +$1.17M |
|
6888
CALL
Forward Air
FWRD
$653M
| $1.24M | ﹤0.01% |
50,500
-41,300
| -45% | -$734K |
|
6889
PUT
Global X Cybersecurity ETF
BUG
$1.49B
| $1.24M | ﹤0.01% |
33,400
-52,800
| -61% | -$1.81M |
|
|
PRO
6890
DELISTED
PROS Holdings
PRO
| $1.24M | ﹤0.01% |
79,108
+6,166
| +8% | +$105K |
|
6891
PUT
Newell Brands
NWL
$2.57B
| $1.24M | ﹤0.01% |
229,300
-629,800
| -73% | -$3.34M |
|
6892
American Battery Technology Co
ABAT
$331M
| $1.24M | ﹤0.01% |
764,232
+284,826
| +59% | +$370K |
|
6893
State Street SPDR Dow Jones REIT ETF
RWR
$1.88B
| $1.24M | ﹤0.01% |
12,830
+2,129
| +20% | +$204K |
|
6894
PUT
Agios Pharmaceuticals
AGIO
$2.01B
| $1.24M | ﹤0.01% |
37,200
+600
| +2% | +$18.2K |
|
6895
Smith & Wesson
SWBI
$634M
| $1.24M | ﹤0.01% |
142,524
+8,352
| +6% | +$79.1K |
|
|
MESO
6896
PUT
Mesoblast
MESO
$2.21B
| $1.24M | ﹤0.01% |
113,600
-127,200
| -53% | -$1.42M |
|
6897
Freedom 100 Emerging Markets ETF
FRDM
$3.46B
| $1.24M | ﹤0.01% |
+30,620
| New | +$1.14M |
|
|
SMA
6898
SmartStop Self Storage REIT
SMA
$1.89B
| $1.24M | ﹤0.01% |
+34,108
| New | +$1.2M |
|
6899
CALL
Community Health Systems
CYH
$416M
| $1.24M | ﹤0.01% |
363,300
-121,700
| -25% | -$391K |
|
6900
iShares MSCI Belgium ETF
EWK
$165M
| $1.23M | ﹤0.01% |
55,973
+4,478
| +9% | +$94.4K |
|
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.