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 | |
|---|---|---|---|---|---|---|
7001
Fidelity Enhanced Small Cap Core ETF
FESM
$6.53B
| $1.19M | ﹤0.01% |
37,166
-141,391
| -79% | -$4.2M |
|
|
CONI
7002
GraniteShares 2x Short COIN Daily ETF
CONI
$11.1M
| $1.19M | ﹤0.01% |
24,656
+24,149
| +4,763% | +$4.33M |
|
7003
iShares MSCI Sweden ETF
EWD
$748M
| $1.19M | ﹤0.01% |
25,973
-21,804
| -46% | -$957K |
|
7004
Lear
LEA
$8.31B
| $1.19M | ﹤0.01% |
12,502
-136,501
| -92% | -$12M |
|
7005
AllianzIM U.S. Equity Buffer20 Jun ETF
JUNW
$375M
| $1.19M | ﹤0.01% |
37,258
+7,654
| +26% | +$232K |
|
7006
Invesco Water Resources ETF
PHO
$2.03B
| $1.19M | ﹤0.01% |
16,972
+9,754
| +135% | +$647K |
|
7007
Cohu
COHU
$2.96B
| $1.19M | ﹤0.01% |
61,663
-6,944
| -10% | -$117K |
|
7008
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.9M
| $1.19M | ﹤0.01% |
18,108
-14,791
| -45% | -$844K |
|
7009
PUT
Build-A-Bear
BBW
$479M
| $1.19M | ﹤0.01% |
23,000
+16,700
| +265% | +$707K |
|
7010
PUT
Qualys
QLYS
$6.34B
| $1.19M | ﹤0.01% |
8,300
+4,400
| +113% | +$582K |
|
7011
Cambria Foreign Shareholder Yield ETF
FYLD
$712M
| $1.19M | ﹤0.01% |
+40,536
| New | +$1.12M |
|
7012
PUT
Vanguard Morningstar Small-Cap ETF
VB
$83.2B
| $1.18M | ﹤0.01% |
5,000
-6,900
| -58% | -$1.54M |
|
7013
AGCO
AGCO
$6.99B
| $1.18M | ﹤0.01% |
11,485
-22,840
| -67% | -$2.18M |
|
|
CYBR
7014
DELISTED
CyberArk
CYBR
| $1.18M | ﹤0.01% |
2,910
-124
| -4% | -$45.2K |
|
7015
Innovator US Equity Power Buffer ETF October
POCT
$968M
| $1.18M | ﹤0.01% |
28,637
-56,931
| -67% | -$2.24M |
|
7016
Central Pacific Financial
CPF
$989M
| $1.18M | ﹤0.01% |
42,188
-4,471
| -10% | -$118K |
|
7017
PUT
Werner Enterprises
WERN
$2.35B
| $1.18M | ﹤0.01% |
43,200
+11,600
| +37% | +$317K |
|
7018
CALL
Hayward Holdings
HAYW
$3.13B
| $1.18M | ﹤0.01% |
85,600
-123,400
| -59% | -$1.66M |
|
7019
PUT
ARK Blockchain & Fintech Innovation ETF
ARKF
$764M
| $1.18M | ﹤0.01% |
23,500
+16,900
| +256% | +$666K |
|
7020
Enviri
NVRI
$588M
| $1.18M | ﹤0.01% |
135,962
-167,930
| -55% | -$1.23M |
|
7021
AerCap
AER
$23.6B
| $1.18M | ﹤0.01% |
10,085
-55,017
| -85% | -$5.95M |
|
7022
CALL
Rush Enterprises Class A
RUSHA
$9.59B
| $1.18M | ﹤0.01% |
22,900
-19,200
| -46% | -$975K |
|
7023
BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF
XTWY
$243M
| $1.18M | ﹤0.01% |
30,577
+9,353
| +44% | +$356K |
|
7024
John Hancock Multifactor Emerging Markets ETF
JHEM
$1.04B
| $1.18M | ﹤0.01% |
+40,386
| New | +$1.11M |
|
7025
Petco
WOOF
$771M
| $1.18M | ﹤0.01% |
416,455
-58,578
| -12% | -$182K |
|
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.