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 | |
|---|---|---|---|---|---|---|
|
SAFE
7051
Safehold
SAFE
$1.06B
| $1.17M | ﹤0.01% |
75,062
+9,079
| +14% | +$141K |
|
7052
TFI International
TFII
$12B
| $1.17M | ﹤0.01% |
+13,024
| New | +$1.1M |
|
|
SFEB
7053
FT Vest US Small Cap Moderate Buffer ETF February
SFEB
$132M
| $1.17M | ﹤0.01% |
+54,635
| New | +$1.12M |
|
7054
BCE
BCE
$21.8B
| $1.17M | ﹤0.01% |
+52,611
| New | +$1.15M |
|
7055
Heartland Express
HTLD
$991M
| $1.17M | ﹤0.01% |
134,957
+14,078
| +12% | +$121K |
|
7056
Pilgrim's Pride
PPC
$6.85B
| $1.16M | ﹤0.01% |
25,877
-49,406
| -66% | -$2.42M |
|
7057
Telos
TLS
$328M
| $1.16M | ﹤0.01% |
366,756
+296,987
| +426% | +$771K |
|
7058
CALL
MYR Group
MYRG
$5.31B
| $1.16M | ﹤0.01% |
6,400
+900
| +16% | +$132K |
|
7059
iShares MSCI Qatar ETF
QAT
$62.8M
| $1.16M | ﹤0.01% |
+62,349
| New | +$1.14M |
|
7060
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.11B
| $1.16M | ﹤0.01% |
14,948
-3,046
| -17% | -$220K |
|
7061
PUT
Global Net Lease
GNL
$2.04B
| $1.16M | ﹤0.01% |
153,600
+74,600
| +94% | +$566K |
|
7062
CALL
Perimeter Solutions
PRM
$5.33B
| $1.16M | ﹤0.01% |
+83,300
| New | +$962K |
|
7063
iShares Mortgage Real Estate ETF
REM
$545M
| $1.16M | ﹤0.01% |
54,226
-4,566
| -8% | -$95.9K |
|
7064
CALL
Horizon Technology Finance
HRZN
$335M
| $1.16M | ﹤0.01% |
161,000
+11,600
| +8% | +$90.4K |
|
|
MTSR
7065
PUT
DELISTED
Metsera Inc
MTSR
| $1.16M | ﹤0.01% |
+40,700
| New | +$1.01M |
|
7066
Geospace Technologies
GEOS
$74.6M
| $1.16M | ﹤0.01% |
81,170
+58,535
| +259% | +$437K |
|
7067
CALL
Equinox Gold
EQX
$13.8B
| $1.16M | ﹤0.01% |
201,300
-243,100
| -55% | -$1.58M |
|
7068
Green Plains
GPRE
$1.13B
| $1.16M | ﹤0.01% |
191,948
-159,439
| -45% | -$703K |
|
7069
PUT
James Hardie Industries
JHX
$17.7B
| $1.16M | ﹤0.01% |
43,000
+2,100
| +5% | +$50.7K |
|
7070
CALL
iShares MSCI Emerging Markets ex China ETF
EMXC
$24.9B
| $1.16M | ﹤0.01% |
18,300
+8,600
| +89% | +$501K |
|
7071
MBIA
MBI
$252M
| $1.15M | ﹤0.01% |
266,030
-152,052
| -36% | -$674K |
|
|
LAC
7072
CALL
Lithium Americas
LAC
$1.14B
| $1.15M | ﹤0.01% |
430,800
-225,100
| -34% | -$624K |
|
7073
Dimensional US Marketwide Value ETF
DFUV
$16B
| $1.15M | ﹤0.01% |
27,306
+15,204
| +126% | +$611K |
|
7074
CALL
Alarm.com
ALRM
$2.7B
| $1.15M | ﹤0.01% |
20,400
+13,300
| +187% | +$738K |
|
7075
Wahed FTSE USA Shariah ETF
HLAL
$959M
| $1.15M | ﹤0.01% |
+21,560
| New | +$1.07M |
|
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.