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 | |
|---|---|---|---|---|---|---|
8226
CALL
AMN Healthcare
AMN
$1.34B
| $736K | ﹤0.01% |
35,600
+26,300
| +283% | +$547K |
|
|
NTRL
8227
First Trust Equity Market Neutral ETF
NTRL
$16M
| $736K | ﹤0.01% |
35,975
+19,220
| +115% | +$387K |
|
8228
LENSAR
LNSR
$101M
| $735K | ﹤0.01% |
55,838
-92,762
| -62% | -$1.25M |
|
|
RKLX
8229
Defiance Daily Target 2X Long RKLB ETF
RKLX
$256M
| $735K | ﹤0.01% |
+38,244
| New | +$388K |
|
8230
EVgo
EVGO
$519M
| $735K | ﹤0.01% |
201,415
-382,704
| -66% | -$1.31M |
|
8231
SB Financial Group
SBFG
$170M
| $735K | ﹤0.01% |
38,486
-49,041
| -56% | -$928K |
|
|
CBTJ
8232
Calamos Bitcoin 80 Series Structured Alt Protection ETF - January
CBTJ
$24.5M
| $735K | ﹤0.01% |
27,170
-37,677
| -58% | -$960K |
|
8233
CALL
Microbot Medical
MBOT
$104M
| $734K | ﹤0.01% |
291,400
+216,500
| +289% | +$518K |
|
|
IBIB
8234
DELISTED
iShares iBonds Oct 2025 Term TIPS ETF
IBIB
| $734K | ﹤0.01% |
28,707
-16,626
| -37% | -$424K |
|
8235
Direxion Daily S&P 500 High Beta Bear 3X ETF
HIBS
$17.4M
| $734K | ﹤0.01% |
7,800
+6,173
| +379% | +$1.03M |
|
|
RYZ
8236
Ryerson Holding Corp
RYZ
$1.5B
| $734K | ﹤0.01% |
34,018
-29,591
| -47% | -$638K |
|
8237
PUT
Target Hospitality
TH
$1.74B
| $733K | ﹤0.01% |
103,000
-33,800
| -25% | -$235K |
|
|
RDUS
8238
PUT
DELISTED
Radius Recycling
RDUS
| $733K | ﹤0.01% |
24,700
-3,600
| -13% | -$106K |
|
8239
Innovator Defined Wealth Shield ETF
BALT
$2.8B
| $733K | ﹤0.01% |
+22,857
| New | +$722K |
|
8240
Landstar System
LSTR
$6.45B
| $733K | ﹤0.01% |
5,274
-486
| -8% | -$67.4K |
|
8241
NRC Health Common Stock
NRC
$469M
| $733K | ﹤0.01% |
43,642
+18,014
| +70% | +$243K |
|
8242
Global Industrial
GIC
$1.48B
| $733K | ﹤0.01% |
27,135
+9,790
| +56% | +$246K |
|
8243
Vontier
VNT
$4.44B
| $733K | ﹤0.01% |
19,852
-13,750
| -41% | -$468K |
|
8244
Stagwell
STGW
$2.23B
| $732K | ﹤0.01% |
162,746
-5,017
| -3% | -$25.2K |
|
8245
News Corp Class B
NWS
$17.9B
| $732K | ﹤0.01% |
21,341
-17,068
| -44% | -$541K |
|
|
EAOM
8246
DELISTED
iShares ESG Aware Moderate Allocation ETF
EAOM
| $732K | ﹤0.01% |
+25,327
| New | +$703K |
|
8247
Xencor
XNCR
$1.74B
| $732K | ﹤0.01% |
93,130
-6,448
| -6% | -$57.9K |
|
|
DX
8248
PUT
Dynex Capital
DX
$3.24B
| $732K | ﹤0.01% |
59,900
-3,000
| -5% | -$36.4K |
|
8249
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.3M
| $732K | ﹤0.01% |
7,356
-432
| -6% | -$38.9K |
|
8250
PUT
Rocket Pharmaceuticals
RCKT
$381M
| $732K | ﹤0.01% |
298,700
+261,900
| +712% | +$1.33M |
|
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.