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 | |
|---|---|---|---|---|---|---|
|
LAC
8151
PUT
Lithium Americas
LAC
$1.23B
| $760K | ﹤0.01% |
283,400
-107,900
| -28% | -$299K |
|
8152
FT Vest Fund of Nasdaq-100 Buffer ETFs
BUFQ
$1.57B
| $759K | ﹤0.01% |
22,872
-30,482
| -57% | -$945K |
|
|
UROY
8153
CALL
Uranium Royalty Corp
UROY
$1.57B
| $759K | ﹤0.01% |
303,700
+17,600
| +6% | +$35.6K |
|
8154
Mineralys Therapeutics
MLYS
$2.27B
| $759K | ﹤0.01% |
56,086
-6,058
| -10% | -$87.8K |
|
8155
VanEck Biotech ETF
BBH
$424M
| $758K | ﹤0.01% |
4,943
-713
| -13% | -$106K |
|
8156
iShares Core Dividend Growth ETF
DGRO
$43.8B
| $758K | ﹤0.01% |
+11,849
| New | +$723K |
|
|
NCZ
8157
Virtus Convertible & Income Fund II
NCZ
$308M
| $757K | ﹤0.01% |
58,970
-36
| -0.1% | -$427 |
|
8158
Global X India Active ETF
NDIA
$59.2M
| $757K | ﹤0.01% |
24,634
+15,094
| +158% | +$443K |
|
8159
PUT
LivaNova
LIVN
$4.53B
| $756K | ﹤0.01% |
16,800
+10,000
| +147% | +$413K |
|
8160
Future Fuel
FF
$245M
| $756K | ﹤0.01% |
194,818
+146,600
| +304% | +$590K |
|
8161
CALL
Omnicell
OMCL
$1.7B
| $756K | ﹤0.01% |
25,700
-15,600
| -38% | -$467K |
|
8162
PUT
Ryanair
RYAAY
$30.5B
| $755K | ﹤0.01% |
13,100
+6,600
| +102% | +$336K |
|
8163
Primerica
PRI
$9.65B
| $755K | ﹤0.01% |
2,758
-4,185
| -60% | -$1.11M |
|
8164
Dimensional Core Fixed Income ETF
DFCF
$10.9B
| $755K | ﹤0.01% |
+17,859
| New | +$745K |
|
8165
PUT
IDEAYA Biosciences
IDYA
$3.49B
| $755K | ﹤0.01% |
+35,900
| New | +$689K |
|
8166
Fidelity Momentum Factor ETF
FDMO
$940M
| $754K | ﹤0.01% |
9,945
-3,869
| -28% | -$266K |
|
8167
ClearBridge Large Cap Growth Select ETF
LRGE
$386M
| $754K | ﹤0.01% |
9,512
+4,750
| +100% | +$346K |
|
8168
Invesco DB Oil Fund
DBO
$391M
| $754K | ﹤0.01% |
57,050
+22,580
| +66% | +$293K |
|
8169
USCF Gold Strategy Plus Income Fund
USG
$8.62M
| $754K | ﹤0.01% |
+21,683
| New | +$759K |
|
8170
SoundThinking
SSTI
$81.6M
| $754K | ﹤0.01% |
57,762
+16,948
| +42% | +$264K |
|
8171
CALL
Upbound Group
UPBD
$1.14B
| $753K | ﹤0.01% |
30,000
+18,100
| +152% | +$423K |
|
8172
ASP Isotopes
ASPI
$538M
| $753K | ﹤0.01% |
102,291
-175,555
| -63% | -$1.18M |
|
8173
CALL
NET Power
NPWR
$173M
| $753K | ﹤0.01% |
304,700
+171,700
| +129% | +$361K |
|
8174
PUT
Gladstone Capital
GLAD
$446M
| $752K | ﹤0.01% |
27,900
+13,800
| +98% | +$357K |
|
8175
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$481M
| $752K | ﹤0.01% |
7,254
+1,639
| +29% | +$163K |
|
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.