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 | |
|---|---|---|---|---|---|---|
7251
CALL
GCM Grosvenor
GCMG
$2.77B
| $1.06M | ﹤0.01% |
92,100
-27,400
| -23% | -$339K |
|
7252
CALL
Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
$173M
| $1.06M | ﹤0.01% |
27,200
+10,100
| +59% | +$325K |
|
7253
US Treasury 6 Month Bill ETF
XBIL
$749M
| $1.06M | ﹤0.01% |
21,226
-85,627
| -80% | -$4.29M |
|
7254
FT Vest US Equity Moderate Buffer ETF October
GOCT
$265M
| $1.06M | ﹤0.01% |
29,112
+18,066
| +164% | +$629K |
|
|
KDK
7255
CALL
Kodiak AI
KDK
$827M
| $1.06M | ﹤0.01% |
+93,900
| New | +$1.06M |
|
7256
GeoPark
GPRK
$625M
| $1.06M | ﹤0.01% |
163,169
+59,538
| +57% | +$407K |
|
7257
iShares MSCI China A ETF
CNYA
$230M
| $1.06M | ﹤0.01% |
37,033
-54,621
| -60% | -$1.51M |
|
7258
Mercantile Bank Corp
MBWM
$1.06B
| $1.06M | ﹤0.01% |
22,889
-879
| -4% | -$38.1K |
|
7259
CALL
Bio-Rad Laboratories Class A
BIO
$9.53B
| $1.06M | ﹤0.01% |
4,400
+2,300
| +110% | +$544K |
|
|
ITOS
7260
CALL
DELISTED
iTeos Therapeutics
ITOS
| $1.06M | ﹤0.01% |
+106,400
| New | +$857K |
|
7261
SLM Corp
SLM
$5.11B
| $1.06M | ﹤0.01% |
32,344
-139,937
| -81% | -$4.28M |
|
7262
CALL
AbCellera Biologics
ABCL
$3.5B
| $1.06M | ﹤0.01% |
309,100
+287,700
| +1,344% | +$716K |
|
7263
Plains GP Holdings
PAGP
$5.11B
| $1.06M | ﹤0.01% |
54,563
-9,661
| -15% | -$180K |
|
7264
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$258M
| $1.06M | ﹤0.01% |
46,588
-10,096
| -18% | -$212K |
|
|
LAND
7265
CALL
Gladstone Land Corp
LAND
$355M
| $1.06M | ﹤0.01% |
104,200
-39,400
| -27% | -$387K |
|
7266
PUT
Array Technologies
ARRY
$755M
| $1.06M | ﹤0.01% |
179,500
-139,700
| -44% | -$848K |
|
7267
Relay Therapeutics
RLAY
$4.5B
| $1.06M | ﹤0.01% |
306,069
+49,286
| +19% | +$147K |
|
7268
AdaptHealth
AHCO
$776M
| $1.06M | ﹤0.01% |
112,253
-532,231
| -83% | -$4.7M |
|
|
VG
7269
Venture Global Inc
VG
$34.4B
| $1.06M | ﹤0.01% |
67,910
-157,340
| -70% | -$1.82M |
|
|
INEQ
7270
Columbia International Equity Income ETF
INEQ
$104M
| $1.06M | ﹤0.01% |
29,828
| – | – |
|
7271
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $1.06M | ﹤0.01% |
+17,987
| New | +$1.05M |
|
7272
Gorman-Rupp
GRC
$2.12B
| $1.06M | ﹤0.01% |
28,784
+321
| +1% | +$11.5K |
|
|
AGNT
7273
CALL
AGNT Inc
AGNT
$697M
| $1.06M | ﹤0.01% |
116,100
+27,000
| +30% | +$236K |
|
7274
The 3D Printing ETF
PRNT
$64.5M
| $1.06M | ﹤0.01% |
48,294
-14,328
| -23% | -$290K |
|
7275
WisdomTree Artificial Intelligence and Innovation Fund
WTAI
$735M
| $1.06M | ﹤0.01% |
42,994
+4,555
| +12% | +$95.8K |
|
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.