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 | |
|---|---|---|---|---|---|---|
7451
PUT
DXP Enterprises
DXPE
$3.13B
| $990K | ﹤0.01% |
11,300
+2,000
| +22% | +$167K |
|
7452
Innovator US Equity Buffer ETF August
BAUG
$204M
| $990K | ﹤0.01% |
21,514
+3,383
| +19% | +$146K |
|
|
JMIA
7453
Jumia Technologies
JMIA
$784M
| $990K | ﹤0.01% |
246,285
-243,884
| -50% | -$689K |
|
|
DECM
7454
FT Vest U.S. Equity Max Buffer ETF - December
DECM
$48.6M
| $990K | ﹤0.01% |
31,392
+10,303
| +49% | +$318K |
|
|
ZH
7455
Zhihu
ZH
$271M
| $990K | ﹤0.01% |
248,672
+40,641
| +20% | +$158K |
|
7456
CALL
CrossAmerica Partners
CAPL
$923M
| $990K | ﹤0.01% |
47,300
+9,300
| +24% | +$209K |
|
|
ZH
7457
PUT
Zhihu
ZH
$271M
| $989K | ﹤0.01% |
248,600
+96,700
| +64% | +$375K |
|
7458
PUT
Calix
CALX
$2.47B
| $989K | ﹤0.01% |
18,600
-73,500
| -80% | -$3.14M |
|
7459
Vident US Bond Strategy ETF
VBND
$525M
| $989K | ﹤0.01% |
+22,682
| New | +$980K |
|
7460
PDF Solutions
PDFS
$2.24B
| $988K | ﹤0.01% |
46,220
+8,175
| +21% | +$155K |
|
7461
Dimensional US Real Estate ETF
DFAR
$1.77B
| $988K | ﹤0.01% |
+42,117
| New | +$978K |
|
7462
Domo
DOMO
$183M
| $988K | ﹤0.01% |
70,700
+19,274
| +37% | +$194K |
|
7463
Dimensional US Core Equity Market ETF
DFAU
$12.9B
| $987K | ﹤0.01% |
+23,303
| New | +$913K |
|
|
BCPC
7464
PUT
Balchem Corp
BCPC
$5.64B
| $987K | ﹤0.01% |
6,200
-200
| -3% | -$32.4K |
|
7465
Horizon Bancorp
HBNC
$1.05B
| $987K | ﹤0.01% |
64,155
-3,753
| -6% | -$55.1K |
|
7466
PUT
ArcBest
ARCB
$3.26B
| $986K | ﹤0.01% |
12,800
+300
| +2% | +$19.5K |
|
7467
Landmark Bancorp
LARK
$194M
| $985K | ﹤0.01% |
39,098
-12,154
| -24% | -$325K |
|
7468
CALL
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.43B
| $984K | ﹤0.01% |
7,400
+2,800
| +61% | +$351K |
|
7469
Global X S&P 500 Collar 95-110 ETF
XCLR
$3.69M
| $984K | ﹤0.01% |
34,883
+24,429
| +234% | +$654K |
|
7470
iShares California Muni Bond ETF
CMF
$4.63B
| $984K | ﹤0.01% |
17,655
-228,127
| -93% | -$12.7M |
|
7471
PUT
AudioCodes
AUDC
$247M
| $984K | ﹤0.01% |
+100,200
| New | +$917K |
|
7472
CALL
Ameris Bancorp
ABCB
$6B
| $983K | ﹤0.01% |
15,200
-5,000
| -25% | -$296K |
|
7473
CALL
Blackbaud
BLKB
$2.01B
| $982K | ﹤0.01% |
15,300
+11,400
| +292% | +$713K |
|
7474
CALL
Tronox
TROX
$931M
| $982K | ﹤0.01% |
193,700
+166,400
| +610% | +$906K |
|
7475
ProShares UltraShort Euro
EUO
$33M
| $982K | ﹤0.01% |
35,735
+8,180
| +30% | +$241K |
|
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.