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 | |
|---|---|---|---|---|---|---|
7551
CALL
Huazhu Hotels Group
HTHT
$12.9B
| $953K | ﹤0.01% |
28,100
-86,300
| -75% | -$3.02M |
|
7552
MSC Industrial Direct
MSM
$6.91B
| $953K | ﹤0.01% |
11,208
-1,481
| -12% | -$117K |
|
7553
Shoals Technologies Group
SHLS
$1.42B
| $953K | ﹤0.01% |
224,193
-138,865
| -38% | -$603K |
|
7554
World Acceptance Corp
WRLD
$908M
| $953K | ﹤0.01% |
5,769
+1,569
| +37% | +$224K |
|
7555
Global X Data Center & Digital Infrastructure ETF
DTCR
$2.24B
| $952K | ﹤0.01% |
51,073
-169
| -0.3% | -$2.88K |
|
|
LAC
7556
Lithium Americas
LAC
$1.23B
| $952K | ﹤0.01% |
355,159
+197,869
| +126% | +$548K |
|
7557
CALL
Palladyne AI
PDYN
$326M
| $952K | ﹤0.01% |
109,900
+72,100
| +191% | +$511K |
|
7558
HealthStream
HSTM
$846M
| $951K | ﹤0.01% |
34,387
-4,925
| -13% | -$146K |
|
7559
Kimbell Royalty Partners
KRP
$1.52B
| $951K | ﹤0.01% |
68,122
+40,577
| +147% | +$531K |
|
7560
Phibro Animal Health
PAHC
$1.39B
| $951K | ﹤0.01% |
37,225
+3,722
| +11% | +$81.2K |
|
7561
AngioDynamics
ANGO
$655M
| $951K | ﹤0.01% |
95,826
+21,462
| +29% | +$210K |
|
7562
Autohome
ATHM
$2.61B
| $951K | ﹤0.01% |
36,857
+17,626
| +92% | +$457K |
|
7563
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $950K | ﹤0.01% |
14,971
-175,414
| -92% | -$10.7M |
|
7564
CALL
Amplify Cybersecurity ETF
HACK
$3.02B
| $950K | ﹤0.01% |
11,000
-5,000
| -31% | -$389K |
|
7565
ProShares UltraShort Energy
DUG
$19.7M
| $950K | ﹤0.01% |
25,367
+16,031
| +172% | +$642K |
|
7566
CALL
James Hardie Industries
JHX
$18B
| $949K | ﹤0.01% |
+35,300
| New | +$853K |
|
7567
CALL
Wabash National
WNC
$512M
| $948K | ﹤0.01% |
+89,200
| New | +$858K |
|
7568
CALL
Omeros
OMER
$1.24B
| $947K | ﹤0.01% |
315,800
+85,100
| +37% | +$424K |
|
|
ZJUL
7569
Innovator Equity Defined Protection ETF - 1 Yr July
ZJUL
$187M
| $947K | ﹤0.01% |
33,617
+8,225
| +32% | +$224K |
|
|
RDUS
7570
CALL
DELISTED
Radius Recycling
RDUS
| $947K | ﹤0.01% |
31,900
-22,800
| -42% | -$670K |
|
7571
Liberty Latin America Class C
LILAK
$1.66B
| $947K | ﹤0.01% |
167,486
-169,985
| -50% | -$833K |
|
7572
CALL
Hycroft Mining Holding Corp
HYMC
$2.52B
| $947K | ﹤0.01% |
302,400
+242,100
| +401% | +$791K |
|
7573
PUT
iShares US Regional Banks ETF
IAT
$693M
| $946K | ﹤0.01% |
+19,100
| New | +$870K |
|
7574
Universal Insurance Holdings
UVE
$1.2B
| $946K | ﹤0.01% |
34,127
-24,321
| -42% | -$617K |
|
7575
CALL
WesBanco
WSBC
$4.09B
| $946K | ﹤0.01% |
29,900
-2,300
| -7% | -$69.6K |
|
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.