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 | |
|---|---|---|---|---|---|---|
7901
Hycroft Mining Holding Corp
HYMC
$2.52B
| $838K | ﹤0.01% |
267,597
+38,077
| +17% | +$124K |
|
7902
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.98B
| $837K | ﹤0.01% |
9,636
-35,687
| -79% | -$2.92M |
|
|
QTOP
7903
iShares Nasdaq Top 30 Stocks ETF
QTOP
$294M
| $837K | ﹤0.01% |
29,625
-12,528
| -30% | -$317K |
|
7904
CALL
Flotek Industries
FTK
$1.3B
| $837K | ﹤0.01% |
56,700
+31,700
| +127% | +$365K |
|
7905
Vanda Pharmaceuticals
VNDA
$316M
| $837K | ﹤0.01% |
177,251
+18,471
| +12% | +$80.8K |
|
|
LFAI
7906
LifeX 2050 Longevity Income ETF
LFAI
$4.35M
| $836K | ﹤0.01% |
5,020
+2,522
| +101% | +$417K |
|
7907
FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
$352M
| $835K | ﹤0.01% |
14,249
-1,550
| -10% | -$84.1K |
|
7908
Mitek Systems
MITK
$877M
| $835K | ﹤0.01% |
84,362
+6,730
| +9% | +$60.4K |
|
7909
PUT
Iovance Biotherapeutics
IOVA
$3.16B
| $835K | ﹤0.01% |
485,500
-346,800
| -42% | -$863K |
|
7910
PUT
Candel Therapeutics
CADL
$897M
| $834K | ﹤0.01% |
164,900
-88,200
| -35% | -$454K |
|
7911
PUT
America Movil
AMX
$70.3B
| $834K | ﹤0.01% |
+46,500
| New | +$773K |
|
|
KE
7912
Kimball Electronics
KE
$622M
| $834K | ﹤0.01% |
43,348
+3,033
| +8% | +$50.8K |
|
7913
PUT
Q2 Holdings
QTWO
$4.04B
| $833K | ﹤0.01% |
8,900
-29,100
| -77% | -$2.46M |
|
7914
CALL
Blend Labs
BLND
$352M
| $833K | ﹤0.01% |
252,400
+800
| +0.3% | +$2.71K |
|
7915
PUT
Genworth Financial
GNW
$3.84B
| $832K | ﹤0.01% |
107,000
+82,200
| +331% | +$574K |
|
7916
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$441M
| $832K | ﹤0.01% |
16,045
-16,250
| -50% | -$600K |
|
7917
BlueLinx
BXC
$680M
| $832K | ﹤0.01% |
11,191
-7,686
| -41% | -$537K |
|
7918
PUT
SFL Corp
SFL
$1.64B
| $832K | ﹤0.01% |
99,900
+1,400
| +1% | +$11.6K |
|
7919
US Foods
USFD
$23.6B
| $832K | ﹤0.01% |
10,805
-33,342
| -76% | -$2.38M |
|
7920
CALL
Titan International
TWI
$445M
| $832K | ﹤0.01% |
81,000
-24,900
| -24% | -$192K |
|
7921
CALL
Arbutus Biopharma
ABUS
$924M
| $832K | ﹤0.01% |
269,200
+203,600
| +310% | +$676K |
|
|
EVRI
7922
CALL
DELISTED
Everi Holdings
EVRI
| $832K | ﹤0.01% |
+58,400
| New | +$817K |
|
7923
Ethan Allen Interiors
ETD
$581M
| $831K | ﹤0.01% |
29,854
-3,173
| -10% | -$85.7K |
|
7924
CALL
Wintrust Financial
WTFC
$11B
| $831K | ﹤0.01% |
6,700
-1,100
| -14% | -$126K |
|
7925
CALL
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF
ASHS
$34.9M
| $830K | ﹤0.01% |
+28,000
| New | +$787K |
|
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.