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 | |
|---|---|---|---|---|---|---|
6901
PUT
Aurinia Pharmaceuticals
AUPH
$2.03B
| $1.23M | ﹤0.01% |
145,600
-23,700
| -14% | -$190K |
|
6902
Eagle Bancorp
EGBN
$870M
| $1.23M | ﹤0.01% |
63,292
+344
| +0.5% | +$6.38K |
|
6903
Timothy Plan US Large/Mid Cap Core ETF
TPLC
$317M
| $1.23M | ﹤0.01% |
27,440
+4,243
| +18% | +$181K |
|
6904
CALL
GoodRx Holdings
GDRX
$1.27B
| $1.23M | ﹤0.01% |
247,300
+145,000
| +142% | +$630K |
|
6905
CALL
Innovative Industrial Properties
IIPR
$1.62B
| $1.23M | ﹤0.01% |
22,300
-40,400
| -64% | -$2.21M |
|
6906
Direxion Daily Energy Bull 2X ETF
ERX
$251M
| $1.23M | ﹤0.01% |
23,971
-11,649
| -33% | -$582K |
|
6907
Innovator Growth Accelerated ETF Quarterly
XDQQ
$62.3M
| $1.23M | ﹤0.01% |
35,250
+19,779
| +128% | +$654K |
|
6908
CALL
APi Group
APG
$19.3B
| $1.23M | ﹤0.01% |
+36,150
| New | +$1.04M |
|
6909
PUT
Melco Resorts & Entertainment
MLCO
$2.12B
| $1.23M | ﹤0.01% |
170,100
+36,700
| +28% | +$213K |
|
|
FPI
6910
CALL
Farmland Partners
FPI
$427M
| $1.23M | ﹤0.01% |
106,800
+53,300
| +100% | +$571K |
|
|
FAZ
6911
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$88.7M
| $1.23M | ﹤0.01% |
28,000
+8,160
| +41% | +$438K |
|
6912
PUT
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$173M
| $1.23M | ﹤0.01% |
31,400
-5,700
| -15% | -$183K |
|
6913
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$119M
| $1.23M | ﹤0.01% |
51,062
+24,465
| +92% | +$582K |
|
6914
Clean Energy Fuels
CLNE
$366M
| $1.23M | ﹤0.01% |
630,015
+288,653
| +85% | +$491K |
|
6915
Columbia Multi-Sector Municipal Income ETF
MUST
$598M
| $1.23M | ﹤0.01% |
+61,054
| New | +$1.22M |
|
|
PPIH
6916
PUT
Perma-Pipe International
PPIH
$216M
| $1.23M | ﹤0.01% |
53,700
+38,700
| +258% | +$558K |
|
6917
CALL
Teradata
TDC
$2.56B
| $1.23M | ﹤0.01% |
55,000
+2,400
| +5% | +$52.2K |
|
6918
JPMorgan US Tech Leaders ETF
JTEK
$4.58B
| $1.23M | ﹤0.01% |
14,524
-4,159
| -22% | -$306K |
|
6919
Build Bond Innovation ETF
BFIX
$13.8M
| $1.23M | ﹤0.01% |
48,834
+27,138
| +125% | +$681K |
|
6920
PUT
Qiagen
QGEN
$8.8B
| $1.23M | ﹤0.01% |
25,500
+16,900
| +197% | +$735K |
|
6921
ProShares UltraShort QQQ
QID
$246M
| $1.22M | ﹤0.01% |
+48,372
| New | +$1.56M |
|
6922
Silicon Motion
SIMO
$9.25B
| $1.22M | ﹤0.01% |
16,277
-32,268
| -66% | -$1.83M |
|
6923
Monro
MNRO
$361M
| $1.22M | ﹤0.01% |
82,000
-18,319
| -18% | -$264K |
|
6924
Gogo Inc
GOGO
$366M
| $1.22M | ﹤0.01% |
83,264
-141,918
| -63% | -$1.44M |
|
|
KSPY
6925
KraneShares Hedgeye Hedged Equity Index ETF
KSPY
$124M
| $1.22M | ﹤0.01% |
+45,974
| New | +$1.17M |
|
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.