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 | |
|---|---|---|---|---|---|---|
|
SRDX
8426
CALL
DELISTED
Surmodics
SRDX
| $683K | ﹤0.01% |
23,000
-4,700
| -17% | -$135K |
|
8427
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.7B
| $683K | ﹤0.01% |
+15,982
| New | +$645K |
|
|
ZEUS
8428
DELISTED
Olympic Steel
ZEUS
| $682K | ﹤0.01% |
20,934
-20,100
| -49% | -$627K |
|
8429
PUT
Delek US
DK
$4.01B
| $682K | ﹤0.01% |
32,200
-59,200
| -65% | -$995K |
|
8430
Covenant Logistics
CVLG
$886M
| $682K | ﹤0.01% |
28,278
-6,887
| -20% | -$149K |
|
8431
National Presto Industries
NPK
$1B
| $682K | ﹤0.01% |
6,958
-137
| -2% | -$12K |
|
8432
PUT
Abeona Therapeutics
ABEO
$343M
| $682K | ﹤0.01% |
120,000
+97,300
| +429% | +$554K |
|
8433
PUT
PACS Group
PACS
$7.04B
| $681K | ﹤0.01% |
52,700
-133,000
| -72% | -$1.38M |
|
|
FIAT
8434
YieldMax Short COIN Option Income Strategy ETF
FIAT
$33.9M
| $681K | ﹤0.01% |
+19,789
| New | +$1.24M |
|
|
BZUN
8435
CALL
Baozun
BZUN
$165M
| $681K | ﹤0.01% |
272,300
+251,800
| +1,228% | +$697K |
|
8436
CALL
Loar Holdings
LOAR
$7.25B
| $681K | ﹤0.01% |
7,900
-2,900
| -27% | -$251K |
|
|
SNTH
8437
MRP SynthEquity ETF
SNTH
$260M
| $680K | ﹤0.01% |
+24,601
| New | +$625K |
|
8438
Willis Lease Finance
WLFC
$1.2B
| $680K | ﹤0.01% |
14,286
+1,152
| +9% | +$54.4K |
|
8439
Victory Portfolios II VictoryShares Short-Term Bond ETF
USTB
$2.4B
| $680K | ﹤0.01% |
+13,375
| New | +$676K |
|
8440
National Fuel Gas
NFG
$7.79B
| $679K | ﹤0.01% |
8,021
-23,107
| -74% | -$1.87M |
|
8441
CALL
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $679K | ﹤0.01% |
8,200
| – | – |
|
|
QCOC
8442
FT Vest Nasdaq-100 Conservative Buffer ETF - October
QCOC
$65.5M
| $679K | ﹤0.01% |
31,993
+12,271
| +62% | +$248K |
|
8443
Invesco Zacks Mid-Cap ETF
CZA
$193M
| $679K | ﹤0.01% |
6,367
+1,313
| +26% | +$134K |
|
8444
Boston Omaha
BOC
$420M
| $679K | ﹤0.01% |
48,356
-15,756
| -25% | -$230K |
|
8445
CALL
The Ensign Group
ENSG
$10.6B
| $679K | ﹤0.01% |
4,400
+1,400
| +47% | +$196K |
|
8446
Blink Charging
BLNK
$85.9M
| $679K | ﹤0.01% |
721,901
-29,685
| -4% | -$23.7K |
|
8447
Arbutus Biopharma
ABUS
$924M
| $678K | ﹤0.01% |
219,428
-182,933
| -45% | -$607K |
|
8448
Fidelity MSCI Health Care Index ETF
FHLC
$3.4B
| $678K | ﹤0.01% |
10,602
+1,081
| +11% | +$68.8K |
|
8449
Zegna
ZGN
$3.69B
| $678K | ﹤0.01% |
79,272
-66,730
| -46% | -$538K |
|
8450
Innovator US Equity Ultra Buffer ETF March
UMAR
$196M
| $678K | ﹤0.01% |
18,018
-7,667
| -30% | -$277K |
|
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.