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 | |
|---|---|---|---|---|---|---|
9051
Cambria Tactical Yield ETF
TYLD
$34.3M
| $528K | ﹤0.01% |
+20,910
| New | +$531K |
|
9052
PUT
Simply Good Foods
SMPL
$1B
| $528K | ﹤0.01% |
16,700
-5,200
| -24% | -$181K |
|
|
SCPH
9053
DELISTED
scPharmaceuticals
SCPH
| $528K | ﹤0.01% |
138,460
+64,551
| +87% | +$200K |
|
|
NB
9054
CALL
NioCorp Developments
NB
$744M
| $528K | ﹤0.01% |
226,400
+83,700
| +59% | +$209K |
|
9055
PUT
Dorman Products
DORM
$4.05B
| $527K | ﹤0.01% |
4,300
-4,300
| -50% | -$523K |
|
9056
CALL
Navient
NAVI
$860M
| $527K | ﹤0.01% |
37,400
+2,000
| +6% | +$25.7K |
|
9057
CALL
Orion Group Holdings
ORN
$402M
| $527K | ﹤0.01% |
+58,100
| New | +$435K |
|
9058
PUT
Arrowhead Research
ARWR
$12.2B
| $526K | ﹤0.01% |
33,300
-96,500
| -74% | -$1.38M |
|
9059
CALL
Vanguard Materials ETF
VAW
$3.07B
| $526K | ﹤0.01% |
2,700
+800
| +42% | +$150K |
|
|
IMF
9060
Invesco Managed Futures Strategy ETF
IMF
$318M
| $526K | ﹤0.01% |
12,065
-2,062
| -15% | -$90.9K |
|
9061
Tenaris
TS
$27B
| $526K | ﹤0.01% |
14,060
-14,660
| -51% | -$503K |
|
|
AWF
9062
AllianceBernstein Global High Income Fund
AWF
$875M
| $526K | ﹤0.01% |
+47,673
| New | +$506K |
|
9063
CALL
Kennametal
KMT
$2.38B
| $526K | ﹤0.01% |
22,900
+9,800
| +75% | +$204K |
|
9064
Carter Bankshares
CARE
$757M
| $525K | ﹤0.01% |
30,300
-30,395
| -50% | -$481K |
|
9065
PUT
Interparfums
IPAR
$3.67B
| $525K | ﹤0.01% |
+4,000
| New | +$489K |
|
9066
Simulations Plus
SLP
$371M
| $525K | ﹤0.01% |
30,094
+2,204
| +8% | +$61.8K |
|
9067
Innovator US Equity Power Buffer ETF April
PAPR
$961M
| $525K | ﹤0.01% |
+14,070
| New | +$505K |
|
9068
iShares iBonds Oct 2028 Term TIPS ETF
IBIE
$157M
| $525K | ﹤0.01% |
19,961
+5,649
| +39% | +$147K |
|
|
CMPS
9069
PUT
Compass Pathways
CMPS
$1.86B
| $524K | ﹤0.01% |
187,300
+153,000
| +446% | +$576K |
|
9070
CALL
Invesco Water Resources ETF
PHO
$2.05B
| $524K | ﹤0.01% |
7,500
-24,000
| -76% | -$1.59M |
|
9071
CALL
Quantum-Si Incorporated
QSI
$162M
| $524K | ﹤0.01% |
267,500
+167,800
| +168% | +$248K |
|
9072
WisdomTree US Quality Growth Fund
QGRW
$2.89B
| $524K | ﹤0.01% |
9,974
-14,534
| -59% | -$683K |
|
9073
New Oriental
EDU
$8.36B
| $524K | ﹤0.01% |
9,706
-47,915
| -83% | -$2.28M |
|
9074
CALL
ProShares UltraPro Short Russell2000
SRTY
$65.3M
| $524K | ﹤0.01% |
7,650
-6,875
| -47% | -$611K |
|
9075
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$541M
| $524K | ﹤0.01% |
7,361
-23,984
| -77% | -$1.68M |
|
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.