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 | |
|---|---|---|---|---|---|---|
7676
FinWise Bancorp
FINW
$193M
| $911K | ﹤0.01% |
60,691
-130,629
| -68% | -$1.92M |
|
7677
Flowers Foods
FLO
$1.59B
| $911K | ﹤0.01% |
57,007
+3,084
| +6% | +$53.2K |
|
7678
Butterfly Network
BFLY
$2.35B
| $911K | ﹤0.01% |
455,396
+270,446
| +146% | +$621K |
|
7679
PUT
United States Brent Oil Fund
BNO
$628M
| $911K | ﹤0.01% |
+31,200
| New | +$879K |
|
7680
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.46B
| $910K | ﹤0.01% |
17,082
+673
| +4% | +$33.4K |
|
|
BAND
7681
CALL
Bandwidth Inc
BAND
$1.74B
| $909K | ﹤0.01% |
57,200
-14,700
| -20% | -$200K |
|
|
NGD
7682
DELISTED
New Gold Inc
NGD
| $908K | ﹤0.01% |
183,523
-20,359
| -10% | -$83.7K |
|
|
TGNA
7683
PUT
DELISTED
TEGNA Inc
TGNA
| $907K | ﹤0.01% |
+54,100
| New | +$900K |
|
|
CNTA
7684
PUT
DELISTED
Centessa Pharmaceuticals
CNTA
| $907K | ﹤0.01% |
69,000
+12,300
| +22% | +$156K |
|
7685
Nexstar Media Group
NXST
$5.84B
| $906K | ﹤0.01% |
5,241
-16,471
| -76% | -$2.7M |
|
7686
CALL
Valley National Bancorp
VLY
$8.29B
| $906K | ﹤0.01% |
101,500
-82,600
| -45% | -$717K |
|
7687
PUT
Autoliv
ALV
$8.94B
| $906K | ﹤0.01% |
8,100
+2,800
| +53% | +$274K |
|
7688
Centuri Holdings
CTRI
$2.38B
| $906K | ﹤0.01% |
40,370
+19,495
| +93% | +$381K |
|
7689
PUT
Henry Schein
HSIC
$10B
| $906K | ﹤0.01% |
12,400
-11,400
| -48% | -$785K |
|
7690
Direxion Daily AAPL Bear 1X ETF
AAPD
$54.9M
| $906K | ﹤0.01% |
51,630
-2,267
| -4% | -$40.8K |
|
7691
CALL
Red Violet
RDVT
$1.12B
| $905K | ﹤0.01% |
18,400
-900
| -5% | -$39.3K |
|
7692
Lloyds Banking Group
LYG
$90.1B
| $905K | ﹤0.01% |
212,921
+58,363
| +38% | +$232K |
|
7693
Evolv Technologies
EVLV
$1.05B
| $905K | ﹤0.01% |
145,013
-106,938
| -42% | -$495K |
|
7694
Marcus & Millichap
MMI
$1.2B
| $905K | ﹤0.01% |
29,464
+593
| +2% | +$18K |
|
7695
ALPS Clean Energy ETF
ACES
$125M
| $905K | ﹤0.01% |
+35,063
| New | +$840K |
|
|
LOUP
7696
Innovator Deepwater Frontier Tech ETF
LOUP
$226M
| $904K | ﹤0.01% |
14,438
-8,795
| -38% | -$455K |
|
7697
PUT
Graphic Packaging
GPK
$3.38B
| $904K | ﹤0.01% |
+42,900
| New | +$992K |
|
7698
CALL
Absci
ABSI
$1.58B
| $904K | ﹤0.01% |
351,700
+145,200
| +70% | +$409K |
|
7699
CALL
Primerica
PRI
$9.65B
| $903K | ﹤0.01% |
3,300
+2,100
| +175% | +$557K |
|
|
SF
7700
PUT
Stifel
SF
$12.9B
| $903K | ﹤0.01% |
13,050
-50,550
| -79% | -$3.1M |
|
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.