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 | |
|---|---|---|---|---|---|---|
7026
JPMorgan BetaBuilders US Aggregate Bond ETF
BBAG
$1.05B
| $1.18M | ﹤0.01% |
25,519
-1,932
| -7% | -$88.2K |
|
7027
Sally Beauty Holdings
SBH
$1.52B
| $1.18M | ﹤0.01% |
127,199
-54,037
| -30% | -$466K |
|
7028
Fidelity Electric Vehicles and Future Transportation ETF
FDRV
$27.4M
| $1.18M | ﹤0.01% |
79,526
-7,020
| -8% | -$95K |
|
7029
CALL
Patterson-UTI
PTEN
$4.66B
| $1.18M | ﹤0.01% |
198,500
-138,900
| -41% | -$836K |
|
7030
PUT
B&G Foods
BGS
$280M
| $1.18M | ﹤0.01% |
278,100
-34,600
| -11% | -$181K |
|
|
GOOS
7031
PUT
Canada Goose Holdings
GOOS
$826M
| $1.17M | ﹤0.01% |
105,000
-5,700
| -5% | -$55.3K |
|
7032
PUT
RCI Hospitality Holdings
RICK
$238M
| $1.17M | ﹤0.01% |
30,800
-700
| -2% | -$28.2K |
|
|
KW
7033
DELISTED
Kennedy-Wilson Holdings
KW
| $1.17M | ﹤0.01% |
172,633
+23,369
| +16% | +$156K |
|
7034
Defiance S&P 500 Income Target ETF
SPYT
$159M
| $1.17M | ﹤0.01% |
64,594
+23,537
| +57% | +$405K |
|
7035
Matrix Service
MTRX
$337M
| $1.17M | ﹤0.01% |
86,810
-36,529
| -30% | -$441K |
|
7036
Gentherm
THRM
$1.33B
| $1.17M | ﹤0.01% |
41,450
-8,696
| -17% | -$231K |
|
7037
Target Hospitality
TH
$1.8B
| $1.17M | ﹤0.01% |
164,686
+116,390
| +241% | +$809K |
|
7038
CALL
Savers
SVV
$1.62B
| $1.17M | ﹤0.01% |
+114,900
| New | +$1.12M |
|
7039
Columbus McKinnon
CMCO
$551M
| $1.17M | ﹤0.01% |
76,745
+12,351
| +19% | +$189K |
|
7040
Invesco Semiconductors ETF
PSI
$2.74B
| $1.17M | ﹤0.01% |
19,542
+13,671
| +233% | +$688K |
|
|
MTLS
7041
Materialise
MTLS
$389M
| $1.17M | ﹤0.01% |
207,382
-32,712
| -14% | -$169K |
|
7042
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.22B
| $1.17M | ﹤0.01% |
17,928
+622
| +4% | +$39.6K |
|
7043
CALL
Arrowhead Research
ARWR
$12.5B
| $1.17M | ﹤0.01% |
74,100
+15,600
| +27% | +$224K |
|
7044
CALL
Marten Transport
MRTN
$1.25B
| $1.17M | ﹤0.01% |
90,100
+29,300
| +48% | +$386K |
|
7045
Conduent
CNDT
$227M
| $1.17M | ﹤0.01% |
443,113
+202,252
| +84% | +$475K |
|
7046
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.7B
| $1.17M | ﹤0.01% |
15,965
-37,470
| -70% | -$2.47M |
|
7047
Bausch Health
BHC
$2.46B
| $1.17M | ﹤0.01% |
175,535
+58,895
| +50% | +$303K |
|
7048
CALL
Asbury Automotive
ABG
$3.74B
| $1.17M | ﹤0.01% |
4,900
-5,300
| -52% | -$1.21M |
|
|
NNE
7049
Nano Nuclear Energy
NNE
$1.05B
| $1.17M | ﹤0.01% |
33,883
-5,289
| -14% | -$146K |
|
|
REMG
7050
Russell Investments Emerging Markets Equity ETF
REMG
$125M
| $1.17M | ﹤0.01% |
+45,210
| New | +$1.13M |
|
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.