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 | |
|---|---|---|---|---|---|---|
8126
Affiliated Managers Group
AMG
$9.89B
| $767K | ﹤0.01% |
3,896
-8,395
| -68% | -$1.46M |
|
8127
iShares MSCI Global Gold Miners ETF
RING
$2.46B
| $766K | ﹤0.01% |
17,507
-2,220
| -11% | -$92.3K |
|
8128
PUT
Tecnoglass Holdings
TGLS
$1.86B
| $766K | ﹤0.01% |
9,900
+1,900
| +24% | +$147K |
|
8129
CALL
Dentsply Sirona
XRAY
$2.31B
| $765K | ﹤0.01% |
48,200
-267,200
| -85% | -$4M |
|
8130
CALL
Viavi Solutions
VIAV
$10.7B
| $765K | ﹤0.01% |
76,000
+53,600
| +239% | +$518K |
|
8131
Imperial Petroleum
IMPP
$217M
| $765K | ﹤0.01% |
248,219
-175,708
| -41% | -$483K |
|
|
TDAY
8132
CALL
USA Today Co
TDAY
$1.03B
| $764K | ﹤0.01% |
213,400
-86,400
| -29% | -$290K |
|
8133
CALL
Ezcorp Inc
EZPW
$1.81B
| $763K | ﹤0.01% |
55,000
+18,700
| +52% | +$270K |
|
8134
PUT
Progyny
PGNY
$2.02B
| $763K | ﹤0.01% |
34,700
-5,200
| -13% | -$114K |
|
8135
Velocity Financial
VEL
$717M
| $763K | ﹤0.01% |
41,164
-25,576
| -38% | -$448K |
|
|
URG
8136
Ur-Energy
URG
$537M
| $763K | ﹤0.01% |
726,454
+275,400
| +61% | +$220K |
|
|
NLOP
8137
Net Lease Office Properties
NLOP
$172M
| $763K | ﹤0.01% |
23,426
+4,437
| +23% | +$136K |
|
8138
Nano X Imaging
NNOX
$74.1M
| $762K | ﹤0.01% |
147,443
+80,349
| +120% | +$409K |
|
8139
CALL
Vitesse Energy
VTS
$683M
| $762K | ﹤0.01% |
34,500
-18,800
| -35% | -$412K |
|
8140
CALL
Enovis
ENOV
$1.5B
| $762K | ﹤0.01% |
24,300
-48,100
| -66% | -$1.59M |
|
8141
WisdomTree Emerging Markets Corporate Bond Fund
EMCB
$99M
| $762K | ﹤0.01% |
11,556
| – | – |
|
8142
PUT
Bowman Consulting
BWMN
$733M
| $762K | ﹤0.01% |
+26,500
| New | +$653K |
|
8143
VanEck Steel ETF
SLX
$173M
| $762K | ﹤0.01% |
11,514
-11,625
| -50% | -$717K |
|
8144
PUT
Fortrea Holdings
FTRE
$1.66B
| $762K | ﹤0.01% |
154,200
-15,200
| -9% | -$81.7K |
|
8145
Empire State Realty Series ES
ESBA
$1.29B
| $762K | ﹤0.01% |
96,782
-1,848
| -2% | -$13.9K |
|
8146
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$581M
| $760K | ﹤0.01% |
+14,355
| New | +$739K |
|
|
AL
8147
PUT
DELISTED
Air Lease Corp
AL
| $760K | ﹤0.01% |
13,000
+7,800
| +150% | +$406K |
|
8148
CALL
AtriCure
ATRC
$2.25B
| $760K | ﹤0.01% |
23,200
-2,500
| -10% | -$81.2K |
|
|
FETH
8149
PUT
Fidelity Ethereum Fund
FETH
$1.01B
| $760K | ﹤0.01% |
+30,200
| New | +$663K |
|
|
EGGS
8150
NestYield Total Return Guard ETF
EGGS
$61.5M
| $760K | ﹤0.01% |
18,726
+1,481
| +9% | +$54.2K |
|
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.