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 | |
|---|---|---|---|---|---|---|
|
CMRC
7826
Commerce.com Inc Series 1
CMRC
$181M
| $857K | ﹤0.01% |
171,418
+49,435
| +41% | +$255K |
|
7827
CALL
Belden
BDC
$5.31B
| $857K | ﹤0.01% |
7,400
+3,900
| +111% | +$410K |
|
|
HTT
7828
CALL
High Templar Tech Ltd
HTT
$393M
| $857K | ﹤0.01% |
272,900
+67,100
| +33% | +$186K |
|
7829
CALL
Ryan Specialty Holdings
RYAN
$10.7B
| $857K | ﹤0.01% |
12,600
-14,400
| -53% | -$994K |
|
7830
Acacia Research
ACTG
$448M
| $857K | ﹤0.01% |
239,287
+36,111
| +18% | +$124K |
|
7831
CALL
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.1B
| $856K | ﹤0.01% |
+9,600
| New | +$722K |
|
7832
Grupo Aeroportuario del Sureste
ASR
$7.94B
| $856K | ﹤0.01% |
2,684
+558
| +26% | +$174K |
|
7833
Crane Co
CR
$12.6B
| $856K | ﹤0.01% |
4,507
-24,105
| -84% | -$4M |
|
|
PPIH
7834
Perma-Pipe International
PPIH
$218M
| $856K | ﹤0.01% |
37,418
-450
| -1% | -$6.49K |
|
|
ONT
7835
Onterris Inc
ONT
$619M
| $855K | ﹤0.01% |
39,060
-1,566
| -4% | -$28.1K |
|
|
EZET
7836
Franklin Ethereum ETF
EZET
$37.7M
| $855K | ﹤0.01% |
44,678
+10,929
| +32% | +$182K |
|
|
MGIC
7837
PUT
DELISTED
Magic Software Enterprises
MGIC
| $855K | ﹤0.01% |
44,700
-1,700
| -4% | -$25.5K |
|
7838
CALL
Zymeworks
ZYME
$1.78B
| $855K | ﹤0.01% |
68,100
+48,800
| +253% | +$581K |
|
7839
CEVA Inc
CEVA
$937M
| $855K | ﹤0.01% |
38,883
+5,148
| +15% | +$114K |
|
7840
Viant Technology
DSP
$275M
| $855K | ﹤0.01% |
64,598
-28,070
| -30% | -$384K |
|
7841
PUT
Direxion Daily MSFT Bull 2X ETF
MSFU
$696M
| $854K | ﹤0.01% |
+17,200
| New | +$672K |
|
|
MST
7842
Defiance Leveraged Long Income MSTR ETF
MST
$12.6M
| $854K | ﹤0.01% |
+1,596
| New | +$865K |
|
7843
CALL
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$269M
| $854K | ﹤0.01% |
20,500
-2,400
| -10% | -$93.3K |
|
7844
FT Vest SMID Rising Dividend Achievers Target Income ETF
SDVD
$940M
| $854K | ﹤0.01% |
41,631
-31,765
| -43% | -$627K |
|
7845
nCino
NCNO
$2.28B
| $854K | ﹤0.01% |
+30,521
| New | +$763K |
|
|
BRSP
7846
BrightSpire Capital
BRSP
$633M
| $853K | ﹤0.01% |
168,990
-28,171
| -14% | -$142K |
|
|
OTLY
7847
Oatly Group
OTLY
$441M
| $853K | ﹤0.01% |
71,841
+36,440
| +103% | +$384K |
|
7848
OneSpan
OSPN
$602M
| $853K | ﹤0.01% |
51,091
-13,747
| -21% | -$213K |
|
7849
Jones Lang LaSalle
JLL
$17.3B
| $852K | ﹤0.01% |
3,331
-8,257
| -71% | -$1.89M |
|
7850
Avantis All International Markets Value ETF
AVNV
$69.3M
| $852K | ﹤0.01% |
+12,945
| New | +$801K |
|
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.