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 | |
|---|---|---|---|---|---|---|
7501
Invesco MSCI Sustainable Future ETF
ERTH
$138M
| $974K | ﹤0.01% |
22,932
-21,758
| -49% | -$885K |
|
7502
PUT
First Watch Restaurant Group
FWRG
$758M
| $974K | ﹤0.01% |
60,700
+49,700
| +452% | +$834K |
|
7503
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
COMB
$151M
| $973K | ﹤0.01% |
+46,376
| New | +$972K |
|
7504
American Century Multisector Income ETF
MUSI
$255M
| $973K | ﹤0.01% |
+22,074
| New | +$957K |
|
7505
PUT
Morningstar
MORN
$7.73B
| $973K | ﹤0.01% |
3,100
+1,100
| +55% | +$326K |
|
7506
CALL
United States Antimony
UAMY
$819M
| $973K | ﹤0.01% |
446,400
-318,500
| -42% | -$903K |
|
7507
Invesco S&P 500 GARP ETF
SPGP
$2.33B
| $972K | ﹤0.01% |
9,026
-52,940
| -85% | -$5.28M |
|
7508
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
$1.05B
| $972K | ﹤0.01% |
40,367
-331
| -0.8% | -$7.9K |
|
7509
iShares International Treasury Bond ETF
IGOV
$1.55B
| $972K | ﹤0.01% |
22,552
+11,154
| +98% | +$464K |
|
7510
VinFast Auto
VFS
$7.37B
| $972K | ﹤0.01% |
272,257
-65,228
| -19% | -$221K |
|
7511
Core Laboratories
CLB
$584M
| $972K | ﹤0.01% |
84,368
+2,946
| +4% | +$34.9K |
|
|
BBUC
7512
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.05B
| $971K | ﹤0.01% |
31,130
-3,736
| -11% | -$102K |
|
7513
Lightpath Technologies
LPTH
$937M
| $970K | ﹤0.01% |
314,823
+6,146
| +2% | +$15.3K |
|
7514
Embecta
EMBC
$288M
| $969K | ﹤0.01% |
100,031
+10,198
| +11% | +$115K |
|
|
IRBT
7515
CALL
DELISTED
iRobot
IRBT
| $967K | ﹤0.01% |
309,000
+133,200
| +76% | +$368K |
|
7516
CALL
Suzano
SUZ
$9.84B
| $966K | ﹤0.01% |
102,700
+66,000
| +180% | +$605K |
|
7517
PUT
Global X MSCI Argentina ETF
ARGT
$797M
| $966K | ﹤0.01% |
11,400
-99,400
| -90% | -$8.56M |
|
7518
Cadiz
CDZI
$288M
| $966K | ﹤0.01% |
322,975
+149,595
| +86% | +$430K |
|
7519
Concentrix
CNXC
$1.44B
| $966K | ﹤0.01% |
18,270
-58,531
| -76% | -$3.09M |
|
7520
United States Gasoline Fund
UGA
$138M
| $965K | ﹤0.01% |
16,019
-9,947
| -38% | -$595K |
|
7521
Baytex Energy
BTE
$3.09B
| $964K | ﹤0.01% |
538,763
+72,572
| +16% | +$127K |
|
|
ACB
7522
CALL
Aurora Cannabis
ACB
$231M
| $964K | ﹤0.01% |
227,400
-53,700
| -19% | -$260K |
|
7523
First Mid Bancshares
FMBH
$1.38B
| $964K | ﹤0.01% |
25,708
-2,690
| -9% | -$94.1K |
|
|
CMPS
7524
CALL
Compass Pathways
CMPS
$1.85B
| $964K | ﹤0.01% |
344,200
+290,200
| +537% | +$1.09M |
|
7525
PUT
Boise Cascade
BCC
$2.85B
| $964K | ﹤0.01% |
11,100
+4,100
| +59% | +$372K |
|
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.