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 | |
|---|---|---|---|---|---|---|
7101
SP Funds S&P 500 Sharia ETF
SPUS
$3.1B
| $1.14M | ﹤0.01% |
+25,746
| New | +$1.04M |
|
7102
PUT
Digital Turbine
APPS
$1.48B
| $1.14M | ﹤0.01% |
193,500
+15,900
| +9% | +$65.4K |
|
7103
CALL
IDEX
IEX
$17.7B
| $1.14M | ﹤0.01% |
6,500
+5,100
| +364% | +$904K |
|
7104
PUT
Global X Artificial Intelligence & Technology ETF
AIQ
$10.3B
| $1.14M | ﹤0.01% |
26,100
+16,200
| +164% | +$629K |
|
|
RC
7105
Ready Capital
RC
$281M
| $1.14M | ﹤0.01% |
260,939
+3,521
| +1% | +$15.6K |
|
7106
TAL Education Group
TAL
$6.48B
| $1.14M | ﹤0.01% |
111,534
-210,449
| -65% | -$2.17M |
|
7107
Ceco Environmental
CECO
$4.93B
| $1.14M | ﹤0.01% |
40,261
-3,182
| -7% | -$79.2K |
|
|
LX
7108
CALL
LexinFintech Holdings
LX
$224M
| $1.14M | ﹤0.01% |
158,000
-25,500
| -14% | -$198K |
|
7109
PUT
Acadia Pharmaceuticals
ACAD
$5B
| $1.14M | ﹤0.01% |
52,800
-24,900
| -32% | -$463K |
|
7110
PC Connection
CNXN
$1.98B
| $1.14M | ﹤0.01% |
17,282
-779
| -4% | -$50.4K |
|
7111
PUT
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.42B
| $1.14M | ﹤0.01% |
23,900
+5,200
| +28% | +$246K |
|
7112
PUT
Finance of America Companies
FOA
$194M
| $1.14M | ﹤0.01% |
48,700
+1,700
| +4% | +$35.8K |
|
|
BBBY
7113
PUT
Bed Bath & Beyond
BBBY
$415M
| $1.14M | ﹤0.01% |
181,500
-40,810
| -18% | -$198K |
|
7114
Philips
PHG
$26.2B
| $1.13M | ﹤0.01% |
+49,055
| New | +$1.1M |
|
7115
CALL
Caleres
CAL
$446M
| $1.13M | ﹤0.01% |
92,800
+44,500
| +92% | +$667K |
|
7116
PUT
Ameren
AEE
$30.3B
| $1.13M | ﹤0.01% |
11,800
+5,700
| +93% | +$553K |
|
7117
Mattel
MAT
$4.17B
| $1.13M | ﹤0.01% |
57,441
-222,861
| -80% | -$3.97M |
|
7118
Yext
YEXT
$585M
| $1.13M | ﹤0.01% |
133,156
-43,976
| -25% | -$308K |
|
7119
PUT
Innoviz Technologies
INVZ
$106M
| $1.13M | ﹤0.01% |
689,800
+302,900
| +78% | +$265K |
|
|
UFOX
7120
Defiance Space and Connective Tech ETF
UFOX
$927M
| $1.13M | ﹤0.01% |
21,441
-16,493
| -43% | -$743K |
|
7121
Amplify Travel Tech ETF
AWAY
$35.2M
| $1.13M | ﹤0.01% |
52,557
-15,583
| -23% | -$317K |
|
7122
JPMorgan Equity Focus ETF
JPEF
$2.05B
| $1.13M | ﹤0.01% |
+16,120
| New | +$1.05M |
|
|
GES
7123
PUT
DELISTED
Guess Inc
GES
| $1.13M | ﹤0.01% |
93,500
-4,500
| -5% | -$50.3K |
|
7124
CALL
SLR Investment Corp
SLRC
$691M
| $1.13M | ﹤0.01% |
70,000
+49,500
| +241% | +$792K |
|
7125
PUT
SoundThinking
SSTI
$73.5M
| $1.13M | ﹤0.01% |
86,500
-15,800
| -15% | -$246K |
|
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.