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 | |
|---|---|---|---|---|---|---|
8326
Thryv Holdings
THRY
$96M
| $710K | ﹤0.01% |
58,387
+11,051
| +23% | +$143K |
|
|
CRON
8327
PUT
Cronos Group
CRON
$1.16B
| $709K | ﹤0.01% |
371,400
-145,400
| -28% | -$276K |
|
8328
Hippo Holdings
HIPO
$872M
| $709K | ﹤0.01% |
25,384
-5,027
| -17% | -$124K |
|
8329
CALL
MarineMax
HZO
$1.15B
| $709K | ﹤0.01% |
28,200
+10,200
| +57% | +$226K |
|
8330
FT Vest US Equity Moderate Buffer ETF January
GJAN
$440M
| $709K | ﹤0.01% |
+17,730
| New | +$677K |
|
8331
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $709K | ﹤0.01% |
11,284
-21,251
| -65% | -$1.28M |
|
8332
Perma-Fix Environmental Services
PESI
$369M
| $707K | ﹤0.01% |
67,241
+14,027
| +26% | +$129K |
|
8333
PUT
Lindsay Corp
LNN
$1.17B
| $707K | ﹤0.01% |
+4,900
| New | +$654K |
|
|
SUPV
8334
CALL
Grupo Supervielle
SUPV
$705M
| $706K | ﹤0.01% |
66,700
-40,500
| -38% | -$549K |
|
8335
PUT
Absci
ABSI
$1.58B
| $706K | ﹤0.01% |
274,800
-24,600
| -8% | -$69.2K |
|
|
SCHR
8336
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $706K | ﹤0.01% |
28,208
+11,834
| +72% | +$293K |
|
8337
CALL
Fortrea Holdings
FTRE
$1.66B
| $706K | ﹤0.01% |
142,900
-88,600
| -38% | -$476K |
|
8338
Warner Music
WMG
$13.4B
| $706K | ﹤0.01% |
+25,911
| New | +$723K |
|
8339
Cass Information Systems
CASS
$748M
| $705K | ﹤0.01% |
16,235
-1,146
| -7% | -$47.9K |
|
8340
PUT
Unisys
UIS
$209M
| $705K | ﹤0.01% |
155,600
+72,800
| +88% | +$327K |
|
8341
2x Long VIX Futures ETF
UVIX
$200M
| $705K | ﹤0.01% |
1,570
-6,704
| -81% | -$5.14M |
|
8342
Global Partners
GLP
$1.72B
| $704K | ﹤0.01% |
13,351
-29,783
| -69% | -$1.53M |
|
8343
CALL
F&G Annuities & Life
FG
$3.59B
| $704K | ﹤0.01% |
22,000
+1,500
| +7% | +$49.8K |
|
8344
CALL
Fidelity MSCI Financials Index ETF
FNCL
$2.43B
| $703K | ﹤0.01% |
9,500
+2,500
| +36% | +$173K |
|
8345
CALL
EnerSys
ENS
$7.34B
| $703K | ﹤0.01% |
8,200
-49,100
| -86% | -$4.28M |
|
|
COLO
8346
Global X MSCI Colombia ETF
COLO
$215M
| $703K | ﹤0.01% |
24,380
-36,905
| -60% | -$1.04M |
|
8347
Exelixis
EXEL
$12.7B
| $703K | ﹤0.01% |
15,947
-24,734
| -61% | -$989K |
|
|
RDTL
8348
GraniteShares 2x Long RDDT Daily ETF
RDTL
$74.4M
| $702K | ﹤0.01% |
+24,639
| New | +$436K |
|
|
OS
8349
PUT
DELISTED
OneStream Inc
OS
| $702K | ﹤0.01% |
24,800
+2,900
| +13% | +$72.2K |
|
8350
CALL
Cogent Biosciences
COGT
$6.58B
| $701K | ﹤0.01% |
+97,600
| New | +$541K |
|
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.