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 | |
|---|---|---|---|---|---|---|
8751
Shore Bancshares
SHBI
$800M
| $601K | ﹤0.01% |
38,233
+119
| +0.3% | +$1.67K |
|
8752
PUT
Comstock
LODE
$263M
| $601K | ﹤0.01% |
158,500
-79,000
| -33% | -$220K |
|
8753
PUT
Dream Finders Homes
DFH
$1.42B
| $601K | ﹤0.01% |
+23,900
| New | +$537K |
|
8754
FT Vest US Equity Buffer & Premium Income ETF March
XIMR
$29.9M
| $600K | ﹤0.01% |
+19,238
| New | +$591K |
|
8755
CALL
Arteris
AIP
$1.39B
| $600K | ﹤0.01% |
+63,000
| New | +$464K |
|
8756
FT Vest International Equity Buffer ETF September
YSEP
$122M
| $600K | ﹤0.01% |
24,605
+13,211
| +116% | +$310K |
|
8757
PUT
Nordson
NDSN
$17.2B
| $600K | ﹤0.01% |
2,800
-3,300
| -54% | -$657K |
|
|
VPU
8758
PUT
Vanguard Utilities ETF
VPU
$8.57B
| $600K | ﹤0.01% |
3,400
+1,000
| +42% | +$172K |
|
8759
RxSight
RXST
$287M
| $600K | ﹤0.01% |
46,151
+1,510
| +3% | +$22.7K |
|
8760
Vodafone
VOD
$37.9B
| $600K | ﹤0.01% |
56,279
-52,960
| -48% | -$513K |
|
|
BTM
8761
DELISTED
Bitcoin Depot
BTM
| $600K | ﹤0.01% |
+16,903
| New | +$359K |
|
8762
CALL
SunCoke Energy
SXC
$794M
| $600K | ﹤0.01% |
+69,800
| New | +$605K |
|
8763
Watsco Inc
WSO
$12.9B
| $599K | ﹤0.01% |
+1,357
| New | +$630K |
|
8764
ProShares Russell 2000 Dividend Growers ETF
SMDV
$710M
| $599K | ﹤0.01% |
9,206
+5,074
| +123% | +$323K |
|
8765
Bar Harbor Bankshares
BHB
$681M
| $599K | ﹤0.01% |
19,987
-116
| -0.6% | -$3.4K |
|
|
GXIG
8766
Global X Investment Grade Corporate Bond ETF
GXIG
$167M
| $599K | ﹤0.01% |
+23,505
| New | +$595K |
|
|
MARU
8767
AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF
MARU
$35.1M
| $598K | ﹤0.01% |
23,243
+603
| +3% | +$14.7K |
|
8768
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
| $598K | ﹤0.01% |
2,489
+248
| +11% | +$54.1K |
|
8769
Fidelity Magellan ETF
FMAG
$253M
| $598K | ﹤0.01% |
17,433
-31,948
| -65% | -$994K |
|
8770
Lindblad Expeditions
LIND
$2.2B
| $598K | ﹤0.01% |
51,241
-8,484
| -14% | -$84.1K |
|
8771
PUT
Hayward Holdings
HAYW
$3.22B
| $598K | ﹤0.01% |
43,300
+32,500
| +301% | +$438K |
|
8772
PUT
Moog Inc Class A
MOG.A
$14B
| $597K | ﹤0.01% |
3,300
+200
| +6% | +$35.1K |
|
|
TXNM
8773
CALL
TXNM Energy Inc
TXNM
$5.91B
| $597K | ﹤0.01% |
10,600
+3,500
| +49% | +$191K |
|
8774
CALL
Ingredion
INGR
$6.63B
| $597K | ﹤0.01% |
4,400
-9,600
| -69% | -$1.3M |
|
8775
CALL
Candel Therapeutics
CADL
$897M
| $597K | ﹤0.01% |
117,900
-91,800
| -44% | -$472K |
|
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.