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 | |
|---|---|---|---|---|---|---|
7626
W&T Offshore
WTI
$554M
| $928K | ﹤0.01% |
562,381
+265,549
| +89% | +$391K |
|
|
GFLW
7627
VictoryShares Free Cash Flow Growth ETF
GFLW
$983M
| $928K | ﹤0.01% |
35,287
-24,633
| -41% | -$586K |
|
|
SUPV
7628
PUT
Grupo Supervielle
SUPV
$705M
| $928K | ﹤0.01% |
87,600
-51,000
| -37% | -$691K |
|
7629
Hallador Energy
HNRG
$762M
| $927K | ﹤0.01% |
58,588
-61,426
| -51% | -$949K |
|
7630
CALL
Chegg
CHGG
$87.5M
| $927K | ﹤0.01% |
766,400
+304,500
| +66% | +$282K |
|
|
FFAI
7631
PUT
Faraday Future Intelligent Electric
FFAI
$10M
| $927K | ﹤0.01% |
3,677
+854
| +30% | +$157K |
|
|
VERV
7632
DELISTED
Verve Therapeutics
VERV
| $925K | ﹤0.01% |
82,365
-30,351
| -27% | -$173K |
|
7633
CALL
Seres Therapeutics
MCRB
$45.6M
| $924K | ﹤0.01% |
83,200
+79,260
| +2,012% | +$697K |
|
7634
Kingstone Companies
KINS
$285M
| $924K | ﹤0.01% |
59,968
-275,306
| -82% | -$4.57M |
|
7635
VictoryShares US Small Mid Cap Value Momentum ETF
USVM
$1.81B
| $924K | ﹤0.01% |
11,012
-15,828
| -59% | -$1.25M |
|
|
AGEN
7636
Agenus
AGEN
$329M
| $924K | ﹤0.01% |
202,133
+173,552
| +607% | +$601K |
|
|
NXRT
7637
NexPoint Residential Trust
NXRT
$626M
| $924K | ﹤0.01% |
27,717
+526
| +2% | +$18.6K |
|
7638
ProShares Ultra S&P500
SSO
$8.56B
| $923K | ﹤0.01% |
18,900
-302,144
| -94% | -$12.8M |
|
7639
CALL
Ocular Therapeutix
OCUL
$2.2B
| $923K | ﹤0.01% |
99,500
+70,600
| +244% | +$553K |
|
|
CCRN
7640
DELISTED
Cross Country Healthcare
CCRN
| $923K | ﹤0.01% |
70,747
+28,422
| +67% | +$391K |
|
7641
FerroAtlántica
GSM
$820M
| $923K | ﹤0.01% |
251,563
-641,275
| -72% | -$2.35M |
|
7642
Kforce
KFRC
$1.04B
| $923K | ﹤0.01% |
22,435
-1,100
| -5% | -$46.1K |
|
7643
SonicShares Global Shipping ETF
BOAT
$88.2M
| $923K | ﹤0.01% |
32,455
+13,375
| +70% | +$371K |
|
7644
Koppers
KOP
$891M
| $922K | ﹤0.01% |
28,688
-22,265
| -44% | -$639K |
|
7645
Vitamin Cottage Natural Grocers
NGVC
$648M
| $922K | ﹤0.01% |
23,495
+3,900
| +20% | +$181K |
|
7646
PUT
Itron
ITRI
$4.45B
| $921K | ﹤0.01% |
7,000
+1,200
| +21% | +$136K |
|
7647
GFL Environmental
GFL
$15.1B
| $921K | ﹤0.01% |
18,255
-216,853
| -92% | -$10.6M |
|
|
VERV
7648
PUT
DELISTED
Verve Therapeutics
VERV
| $921K | ﹤0.01% |
82,000
+36,900
| +82% | +$210K |
|
|
ONIT
7649
CALL
Onity Group
ONIT
$328M
| $920K | ﹤0.01% |
24,100
+13,200
| +121% | +$466K |
|
|
HITI
7650
CALL
High Tide
HITI
$206M
| $920K | ﹤0.01% |
399,900
+336,300
| +529% | +$754K |
|
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.