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 | |
|---|---|---|---|---|---|---|
7076
CALL
Terex
TEX
$7.7B
| $1.15M | ﹤0.01% |
24,700
-17,700
| -42% | -$740K |
|
7077
Ardmore Shipping
ASC
$738M
| $1.15M | ﹤0.01% |
120,084
+35,461
| +42% | +$342K |
|
7078
Unitil
UTL
$986M
| $1.15M | ﹤0.01% |
22,085
-16,003
| -42% | -$887K |
|
|
ASA
7079
ASA Gold and Precious Metals
ASA
$1.12B
| $1.15M | ﹤0.01% |
+36,470
| New | +$1.11M |
|
7080
iShares US Small Cap Value Factor ETF
SVAL
$211M
| $1.15M | ﹤0.01% |
37,052
+29,420
| +385% | +$866K |
|
7081
Innovator International Developed Power Buffer ETF February
IFEB
$61.1M
| $1.15M | ﹤0.01% |
40,265
+26,824
| +200% | +$739K |
|
7082
Beazer Homes USA
BZH
$874M
| $1.15M | ﹤0.01% |
51,398
+11,214
| +28% | +$233K |
|
7083
CALL
RadNet
RDNT
$5.98B
| $1.15M | ﹤0.01% |
20,200
+5,500
| +37% | +$302K |
|
7084
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
$2.87B
| $1.15M | ﹤0.01% |
22,565
+15,058
| +201% | +$707K |
|
7085
American Outdoor Brands
AOUT
$152M
| $1.15M | ﹤0.01% |
109,937
-248,787
| -69% | -$2.85M |
|
|
BAI
7086
iShares A.I. Innovation and Tech Active ETF
BAI
$14.7B
| $1.15M | ﹤0.01% |
+39,804
| New | +$974K |
|
7087
CALL
Vanguard Industrials ETF
VIS
$8.53B
| $1.15M | ﹤0.01% |
4,100
-2,100
| -34% | -$542K |
|
7088
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.74B
| $1.15M | ﹤0.01% |
10,157
+3,915
| +63% | +$416K |
|
7089
Century Aluminum
CENX
$4.66B
| $1.15M | ﹤0.01% |
63,691
-11,154
| -15% | -$189K |
|
|
JAMF
7090
DELISTED
Jamf
JAMF
| $1.15M | ﹤0.01% |
120,670
-337,807
| -74% | -$3.63M |
|
7091
CALL
Sagimet Biosciences
SGMT
$648M
| $1.15M | ﹤0.01% |
150,600
+94,800
| +170% | +$400K |
|
7092
AMERISAFE
AMSF
$490M
| $1.15M | ﹤0.01% |
26,224
+1,928
| +8% | +$90.9K |
|
7093
PUT
Seanergy Maritime Holdings
SHIP
$371M
| $1.15M | ﹤0.01% |
181,700
+158,200
| +673% | +$953K |
|
7094
PennantPark Floating Rate Capital
PFLT
$720M
| $1.15M | ﹤0.01% |
110,971
+85,074
| +329% | +$861K |
|
7095
PUT
iShares MSCI Thailand ETF
THD
$358M
| $1.15M | ﹤0.01% |
22,700
+9,700
| +75% | +$514K |
|
7096
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $1.15M | ﹤0.01% |
23,153
-13,325
| -37% | -$618K |
|
7097
Columbia Sportswear
COLM
$2.92B
| $1.14M | ﹤0.01% |
18,743
-3,200
| -15% | -$206K |
|
7098
AdvanSix
ASIX
$451M
| $1.14M | ﹤0.01% |
48,175
-38,897
| -45% | -$881K |
|
7099
CALL
AMES National
ATLO
$282M
| $1.14M | ﹤0.01% |
64,200
-38,800
| -38% | -$675K |
|
7100
PUT
YieldMax COIN Option Income Strategy ETF
CONY
$331M
| $1.14M | ﹤0.01% |
12,520
-6,270
| -33% | -$504K |
|
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.