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 | |
|---|---|---|---|---|---|---|
7276
State Street Nuveen Municipal Bond ETF
MBND
$26.9M
| $1.06M | ﹤0.01% |
+38,994
| New | +$1.05M |
|
7277
Graco
GGG
$13.3B
| $1.06M | ﹤0.01% |
12,280
-23,183
| -65% | -$1.92M |
|
7278
Hanover Insurance
THG
$7.77B
| $1.06M | ﹤0.01% |
6,214
-3,965
| -39% | -$662K |
|
|
FOVL
7279
DELISTED
iShares Focused Value Factor ETF
FOVL
| $1.06M | ﹤0.01% |
14,661
-8,880
| -38% | -$609K |
|
7280
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.49B
| $1.06M | ﹤0.01% |
20,812
+11,784
| +131% | +$596K |
|
7281
Lightspeed Commerce
LSPD
$1.32B
| $1.06M | ﹤0.01% |
90,117
-16,324
| -15% | -$168K |
|
7282
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.87B
| $1.05M | ﹤0.01% |
7,728
-1,957
| -20% | -$246K |
|
7283
PUT
Cheniere Energy
CQP
$32.8B
| $1.05M | ﹤0.01% |
18,800
-7,300
| -28% | -$428K |
|
7284
FT Vest US Equity Deep Buffer ETF August
DAUG
$374M
| $1.05M | ﹤0.01% |
25,261
+12,795
| +103% | +$505K |
|
|
LAZR
7285
PUT
DELISTED
Luminar Technologies
LAZR
| $1.05M | ﹤0.01% |
366,600
-306,300
| -46% | -$1.16M |
|
7286
GraniteShares 2x Long TSLA Daily ETF
TSLR
$70.9M
| $1.05M | ﹤0.01% |
55,628
+3,634
| +7% | +$67K |
|
7287
SAP
SAP
$240B
| $1.05M | ﹤0.01% |
3,459
-918
| -21% | -$263K |
|
7288
CALL
Kulicke & Soffa
KLIC
$5.29B
| $1.05M | ﹤0.01% |
30,400
-6,400
| -17% | -$208K |
|
7289
CALL
Ambev
ABEV
$42.7B
| $1.05M | ﹤0.01% |
436,200
+305,500
| +234% | +$743K |
|
7290
Integra LifeSciences
IART
$1.38B
| $1.05M | ﹤0.01% |
85,634
-8,127
| -9% | -$118K |
|
7291
CALL
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$26.7M
| $1.05M | ﹤0.01% |
5,360
+1,810
| +51% | +$441K |
|
7292
CALL
IPG Photonics
IPGP
$3.72B
| $1.05M | ﹤0.01% |
15,300
-100
| -0.6% | -$6.24K |
|
7293
Xtrackers S&P 500 ESG ETF
SNPE
$2.96B
| $1.05M | ﹤0.01% |
18,989
-23,343
| -55% | -$1.19M |
|
7294
Bowman Consulting
BWMN
$733M
| $1.05M | ﹤0.01% |
36,523
+1,170
| +3% | +$28.8K |
|
7295
PUT
Spectrum Brands
SPB
$2.03B
| $1.05M | ﹤0.01% |
19,800
-19,900
| -50% | -$1.19M |
|
7296
iQIYI
IQ
$1.28B
| $1.05M | ﹤0.01% |
592,688
-441,109
| -43% | -$793K |
|
7297
Matthews China Active ETF
MCH
$22.9M
| $1.05M | ﹤0.01% |
+42,820
| New | +$998K |
|
|
NSLR
7298
CALL
Neostellar Capital Corp
NSLR
$275M
| $1.05M | ﹤0.01% |
+127,700
| New | +$760K |
|
7299
Roundhill Bitcoin Covered Call Strategy ETF
YBTC
$139M
| $1.05M | ﹤0.01% |
22,475
-4,461
| -17% | -$196K |
|
7300
CALL
Invesco Mortgage Capital
IVR
$805M
| $1.05M | ﹤0.01% |
133,700
-64,000
| -32% | -$471K |
|
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.