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 | |
|---|---|---|---|---|---|---|
8451
Jack in the Box
JACK
$327M
| $678K | ﹤0.01% |
38,809
-71,573
| -65% | -$1.61M |
|
8452
PUT
SiteOne Landscape Supply
SITE
$4.3B
| $677K | ﹤0.01% |
5,600
+3,300
| +143% | +$390K |
|
8453
Sinclair Inc
SBGI
$1.07B
| $677K | ﹤0.01% |
48,992
-5,962
| -11% | -$84.8K |
|
8454
CALL
Telesat
TSAT
$771M
| $677K | ﹤0.01% |
27,700
+3,200
| +13% | +$56.2K |
|
|
GRSD
8455
Grandstand Ltd
GRSD
$80.4M
| $676K | ﹤0.01% |
56,888
+34,818
| +158% | +$429K |
|
8456
PUT
Sylvamo
SLVM
$1.53B
| $676K | ﹤0.01% |
13,500
+8,300
| +160% | +$467K |
|
|
DHC
8457
CALL
Diversified Healthcare Trust
DHC
$2.03B
| $676K | ﹤0.01% |
188,900
+19,700
| +12% | +$56.8K |
|
8458
PUT
iShares Core MSCI EAFE ETF
IEFA
$196B
| $676K | ﹤0.01% |
8,100
+3,000
| +59% | +$238K |
|
8459
LifeMD
LFMD
$166M
| $676K | ﹤0.01% |
49,636
-68,658
| -58% | -$648K |
|
8460
PUT
WEX
WEX
$6.54B
| $676K | ﹤0.01% |
4,600
-10,500
| -70% | -$1.41M |
|
8461
FS KKR Capital
FSK
$3.42B
| $676K | ﹤0.01% |
32,563
-33,251
| -51% | -$678K |
|
|
SKYT
8462
DELISTED
SkyWater Technology
SKYT
| $676K | ﹤0.01% |
68,664
+14,630
| +27% | +$118K |
|
8463
PUT
ProShares Ultra Energy
DIG
$85.6M
| $676K | ﹤0.01% |
+20,300
| New | +$657K |
|
8464
PUT
Brookfield Renewable
BEPC
$6.59B
| $675K | ﹤0.01% |
20,600
-28,000
| -58% | -$818K |
|
8465
PUT
Zymeworks
ZYME
$1.78B
| $675K | ﹤0.01% |
53,800
+43,600
| +427% | +$519K |
|
|
NAK
8466
PUT
Northern Dynasty Minerals
NAK
$908M
| $675K | ﹤0.01% |
503,800
-71,100
| -12% | -$79.4K |
|
8467
PUT
Mitsubishi UFJ Financial
MUFG
$260B
| $675K | ﹤0.01% |
49,200
+35,900
| +270% | +$464K |
|
|
SKYT
8468
PUT
DELISTED
SkyWater Technology
SKYT
| $675K | ﹤0.01% |
68,600
-59,200
| -46% | -$478K |
|
8469
CALL
Rocket Pharmaceuticals
RCKT
$381M
| $674K | ﹤0.01% |
275,200
+85,300
| +45% | +$432K |
|
8470
Real Brokerage
REAX
$523M
| $674K | ﹤0.01% |
149,438
-28,381
| -16% | -$122K |
|
8471
CALL
BOK Financial
BOKF
$8.88B
| $674K | ﹤0.01% |
6,900
-14,400
| -68% | -$1.35M |
|
8472
Miller Value Partners Appreciation ETF
MVPA
$73.3M
| $673K | ﹤0.01% |
19,511
+1,878
| +11% | +$60.1K |
|
8473
Cognex
CGNX
$11B
| $673K | ﹤0.01% |
21,227
+10,851
| +105% | +$311K |
|
8474
WisdomTree Emerging Markets Local Debt Fund
ELD
$143M
| $673K | ﹤0.01% |
24,079
+4,399
| +22% | +$119K |
|
8475
uniQure
QURE
$3.37B
| $673K | ﹤0.01% |
48,283
+6,936
| +17% | +$93.3K |
|
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.