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 | |
|---|---|---|---|---|---|---|
8976
Invesco Pharmaceuticals ETF
PJP
$500M
| $545K | ﹤0.01% |
6,825
-3,686
| -35% | -$294K |
|
8977
CALL
Crexendo
CXDO
$221M
| $545K | ﹤0.01% |
89,800
+22,100
| +33% | +$115K |
|
8978
CALL
Prospect Capital
PSEC
$1.15B
| $545K | ﹤0.01% |
171,400
-166,300
| -49% | -$578K |
|
8979
Federated Hermes
FHI
$4.79B
| $545K | ﹤0.01% |
+12,294
| New | +$506K |
|
8980
Grupo Aeroportuario Centro Norte
OMAB
$4.99B
| $545K | ﹤0.01% |
5,164
+442
| +9% | +$41.5K |
|
|
MTLS
8981
PUT
Materialise
MTLS
$400M
| $545K | ﹤0.01% |
96,400
-194,500
| -67% | -$1M |
|
8982
PUT
Innoviva
INVA
$1.53B
| $544K | ﹤0.01% |
+27,100
| New | +$521K |
|
|
DCH
8983
CALL
Dauch Corp
DCH
$1.6B
| $544K | ﹤0.01% |
133,400
+50,100
| +60% | +$202K |
|
|
NFJ
8984
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.46B
| $544K | ﹤0.01% |
43,890
+4,613
| +12% | +$54.5K |
|
8985
Fossil Group
FOSL
$329M
| $544K | ﹤0.01% |
367,634
-15,211
| -4% | -$19.2K |
|
8986
PUT
Invesco Global Listed Private Equity ETF
PSP
$250M
| $544K | ﹤0.01% |
+7,900
| New | +$511K |
|
8987
CALL
Personalis
PSNL
$1.5B
| $544K | ﹤0.01% |
82,900
+66,800
| +415% | +$310K |
|
8988
Innovator US Equity Ultra Buffer ETF June
UJUN
$189M
| $544K | ﹤0.01% |
15,266
-25,957
| -63% | -$877K |
|
8989
Avantis International Large Cap Value ETF
AVIV
$2.06B
| $544K | ﹤0.01% |
+8,734
| New | +$518K |
|
8990
CALL
Telos
TLS
$339M
| $543K | ﹤0.01% |
171,400
+109,600
| +177% | +$285K |
|
8991
PUT
Insteel Industries
IIIN
$631M
| $543K | ﹤0.01% |
+14,600
| New | +$487K |
|
8992
CALL
Kilroy Realty
KRC
$4.22B
| $542K | ﹤0.01% |
15,800
-46,300
| -75% | -$1.51M |
|
8993
PUT
Grupo Aeroportuario del Sureste
ASR
$7.94B
| $542K | ﹤0.01% |
1,700
| – | – |
|
8994
Teekay
TK
$1.09B
| $542K | ﹤0.01% |
65,694
-131,624
| -67% | -$1.02M |
|
8995
CALL
Suburban Propane Partners
SPH
$1.18B
| $541K | ﹤0.01% |
29,200
-7,700
| -21% | -$150K |
|
8996
PUT
Aemetis
AMTX
$128M
| $541K | ﹤0.01% |
218,100
+57,600
| +36% | +$97.4K |
|
8997
CALL
Brookfield Infrastructure
BIPC
$4.97B
| $541K | ﹤0.01% |
13,000
-12,900
| -50% | -$497K |
|
8998
WEX
WEX
$6.54B
| $541K | ﹤0.01% |
3,680
-880
| -19% | -$118K |
|
8999
PUT
Compass
COMP
$9.99B
| $540K | ﹤0.01% |
86,000
-1,200
| -1% | -$8.22K |
|
9000
PUT
Covenant Logistics
CVLG
$886M
| $540K | ﹤0.01% |
22,400
+3,500
| +19% | +$75.8K |
|
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.