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 | |
|---|---|---|---|---|---|---|
|
TRML
9126
DELISTED
Tourmaline Bio
TRML
| $513K | ﹤0.01% |
32,073
-16,511
| -34% | -$268K |
|
9127
PUT
Global X Defense Tech ETF
SHLD
$7.82B
| $512K | ﹤0.01% |
+8,500
| New | +$457K |
|
|
SHYF
9128
DELISTED
The Shyft Group
SHYF
| $512K | ﹤0.01% |
40,818
-7,540
| -16% | -$73.9K |
|
|
BFS
9129
Saul Centers
BFS
$860M
| $512K | ﹤0.01% |
14,992
+2,089
| +16% | +$70.4K |
|
9130
Pangaea Logistics
PANL
$487M
| $512K | ﹤0.01% |
108,898
+51,892
| +91% | +$230K |
|
9131
Innovator International Developed Power Buffer ETF November
INOV
$38M
| $512K | ﹤0.01% |
15,869
-15,305
| -49% | -$475K |
|
9132
ProShares UltraShort Real Estate
SRS
$15.6M
| $511K | ﹤0.01% |
10,718
-1,278
| -11% | -$63.4K |
|
|
FAX
9133
abrdn Asia-Pacific Income Fund
FAX
$599M
| $511K | ﹤0.01% |
32,091
-60,231
| -65% | -$932K |
|
9134
CALL
Napco Security Technologies
NSSC
$1.37B
| $511K | ﹤0.01% |
+17,200
| New | +$443K |
|
9135
First Capital
FCAP
$216M
| $510K | ﹤0.01% |
12,359
-1,317
| -10% | -$59K |
|
9136
PUT
Amprius Technologies
AMPX
$1.83B
| $510K | ﹤0.01% |
121,200
-125,200
| -51% | -$352K |
|
9137
PUT
Suburban Propane Partners
SPH
$1.18B
| $510K | ﹤0.01% |
27,500
+17,600
| +178% | +$342K |
|
|
MADE
9138
iShares U.S. Manufacturing ETF
MADE
$64.5M
| $509K | ﹤0.01% |
19,168
-2,153
| -10% | -$52.4K |
|
9139
iShares Government/Credit Bond ETF
GBF
$128M
| $509K | ﹤0.01% |
4,873
-105,667
| -96% | -$10.9M |
|
9140
iShares Select U.S. REIT ETF
ICF
$2.12B
| $509K | ﹤0.01% |
8,319
-26,483
| -76% | -$1.6M |
|
|
SEMR
9141
DELISTED
Semrush
SEMR
| $508K | ﹤0.01% |
56,172
-123,629
| -69% | -$1.2M |
|
9142
Goldman Sachs Innovate Equity ETF
GINN
$215M
| $508K | ﹤0.01% |
7,543
-4,814
| -39% | -$295K |
|
9143
Playtika
PLTK
$957M
| $508K | ﹤0.01% |
107,391
-320,713
| -75% | -$1.58M |
|
9144
PUT
EverQuote
EVER
$861M
| $508K | ﹤0.01% |
21,000
+12,100
| +136% | +$287K |
|
9145
CALL
First Trust Water ETF
FIW
$1.92B
| $508K | ﹤0.01% |
4,700
-200
| -4% | -$20.6K |
|
|
PWOD
9146
DELISTED
Penns Woods Bancorp
PWOD
| $507K | ﹤0.01% |
16,709
-131,011
| -89% | -$3.76M |
|
9147
PUT
ASE Group
ASX
$103B
| $507K | ﹤0.01% |
+49,100
| New | +$458K |
|
|
JDIV
9148
JPMorgan Dividend Leaders ETF
JDIV
$13.2M
| $507K | ﹤0.01% |
9,794
-1,162
| -11% | -$56.3K |
|
9149
Direxion Daily AMZN Bear 1X ETF
AMZD
$11.7M
| $507K | ﹤0.01% |
46,314
-29,602
| -39% | -$365K |
|
9150
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$39.8M
| $506K | ﹤0.01% |
6,770
+1,180
| +21% | +$104K |
|
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.