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 | |
|---|---|---|---|---|---|---|
8551
ProShares UltraShort Dow 30
DXD
$42.7M
| $651K | ﹤0.01% |
26,835
-2,449
| -8% | -$67.7K |
|
8552
PUT
Cars.com
CARS
$663M
| $651K | ﹤0.01% |
54,900
-78,300
| -59% | -$862K |
|
|
LENZ
8553
LENZ Therapeutics
LENZ
$149M
| $650K | ﹤0.01% |
22,185
+5,869
| +36% | +$160K |
|
8554
PUT
Kymera Therapeutics
KYMR
$9.76B
| $650K | ﹤0.01% |
14,900
+7,400
| +99% | +$255K |
|
|
KLXY
8555
DELISTED
KraneShares Global Luxury Index ETF
KLXY
| $650K | ﹤0.01% |
26,703
-11,598
| -30% | -$269K |
|
8556
CALL
Greif
GEF
$4.97B
| $650K | ﹤0.01% |
10,000
-2,300
| -19% | -$131K |
|
|
FBCG
8557
Fidelity Blue Chip Growth ETF
FBCG
$7.32B
| $650K | ﹤0.01% |
13,472
-118,847
| -90% | -$5.07M |
|
8558
ProShares Ultra Bloomberg Crude Oil
UCO
$430M
| $650K | ﹤0.01% |
28,999
-109,531
| -79% | -$2.41M |
|
|
LAND
8559
PUT
Gladstone Land Corp
LAND
$358M
| $650K | ﹤0.01% |
63,900
-23,900
| -27% | -$235K |
|
|
KLC
8560
KinderCare Learning Companies
KLC
$308M
| $650K | ﹤0.01% |
64,325
+1,470
| +2% | +$17K |
|
8561
Weave Communications
WEAV
$437M
| $650K | ﹤0.01% |
78,065
+24,964
| +47% | +$242K |
|
8562
PUT
Braze
BRZE
$3.26B
| $649K | ﹤0.01% |
23,100
-52,100
| -69% | -$1.65M |
|
8563
CALL
Medallion Financial
MFIN
$264M
| $649K | ﹤0.01% |
68,100
+30,400
| +81% | +$276K |
|
8564
CALL
Pathward Financial
CASH
$1.8B
| $649K | ﹤0.01% |
8,200
+4,200
| +105% | +$321K |
|
8565
Methanex
MEOH
$4.34B
| $649K | ﹤0.01% |
+19,596
| New | +$632K |
|
8566
PUT
Fresenius Medical Care
FMS
$12.7B
| $649K | ﹤0.01% |
22,700
+7,300
| +47% | +$196K |
|
8567
Saia
SAIA
$10.3B
| $648K | ﹤0.01% |
2,366
-852
| -26% | -$243K |
|
8568
Ferrari
RACE
$72.9B
| $648K | ﹤0.01% |
1,320
+340
| +35% | +$158K |
|
|
CATF
8569
American Century California Municipal Bond ETF
CATF
$81.9M
| $648K | ﹤0.01% |
+13,323
| New | +$646K |
|
8570
PUT
Dine Brands
DIN
$447M
| $647K | ﹤0.01% |
26,600
+1,600
| +6% | +$37K |
|
8571
PUT
CareDx
CDNA
$2.34B
| $647K | ﹤0.01% |
33,100
-7,900
| -19% | -$140K |
|
|
SPTN
8572
PUT
DELISTED
SpartanNash
SPTN
| $646K | ﹤0.01% |
24,400
-7,900
| -24% | -$158K |
|
8573
Full Truck Alliance
YMM
$9.14B
| $646K | ﹤0.01% |
54,706
+32,376
| +145% | +$377K |
|
8574
CALL
FerroAtlántica
GSM
$820M
| $646K | ﹤0.01% |
176,000
-110,100
| -38% | -$404K |
|
8575
CALL
Dream Finders Homes
DFH
$1.42B
| $646K | ﹤0.01% |
25,700
+6,800
| +36% | +$153K |
|
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.