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 | |
|---|---|---|---|---|---|---|
9176
CALL
Atlas Energy Solutions
AESI
$1.56B
| $500K | ﹤0.01% |
37,400
-265,500
| -88% | -$3.63M |
|
|
HFGM
9177
Unlimited HFGM Global Macro ETF
HFGM
$162M
| $500K | ﹤0.01% |
+18,479
| New | +$484K |
|
|
SLI
9178
PUT
Standard Lithium
SLI
$587M
| $500K | ﹤0.01% |
254,900
+206,800
| +430% | +$326K |
|
9179
Innovator Premium Income 15 Buffer ETF October
LOCT
$10.8M
| $500K | ﹤0.01% |
20,964
-2,947
| -12% | -$69.7K |
|
9180
CALL
Unisys
UIS
$209M
| $499K | ﹤0.01% |
110,200
+61,200
| +125% | +$275K |
|
|
KDEC
9181
Innovator U.S. Small Cap Power Buffer ETF - December
KDEC
$73.8M
| $499K | ﹤0.01% |
20,771
+5,790
| +39% | +$133K |
|
9182
CALL
PROG Holdings
PRG
$1.7B
| $499K | ﹤0.01% |
17,000
-4,600
| -21% | -$128K |
|
9183
Entravision Communication
EVC
$832M
| $499K | ﹤0.01% |
215,018
+113,852
| +113% | +$230K |
|
9184
InfuSystem Holdings
INFU
$244M
| $499K | ﹤0.01% |
79,912
+37,373
| +88% | +$206K |
|
9185
Franklin US Core Bond ETF
FLCB
$3.04B
| $498K | ﹤0.01% |
23,131
+11,851
| +105% | +$252K |
|
9186
Innovator US Equity Accelerated 9 Buffer ETF January
XBJA
$88.7M
| $498K | ﹤0.01% |
16,509
+7,528
| +84% | +$216K |
|
9187
CALL
Teleflex
TFX
$5.81B
| $497K | ﹤0.01% |
4,200
-1,100
| -21% | -$139K |
|
9188
State Street SPDR S&P Kensho Smart Mobility ETF
HAIL
$20.2M
| $497K | ﹤0.01% |
+16,345
| New | +$441K |
|
9189
Research Solutions
RSSS
$77.6M
| $497K | ﹤0.01% |
173,040
-19,434
| -10% | -$53.2K |
|
9190
Lineage Cell Therapeutics
LCTX
$271M
| $497K | ﹤0.01% |
547,242
+311,133
| +132% | +$185K |
|
9191
PUT
Vanguard Financials ETF
VFH
$14B
| $496K | ﹤0.01% |
3,900
-3,900
| -50% | -$465K |
|
9192
CALL
Brookdale Senior Living
BKD
$3.02B
| $496K | ﹤0.01% |
71,300
+45,200
| +173% | +$294K |
|
9193
CALL
Kayne Anderson Energy Infrastructure Fund
KYN
$2.51B
| $496K | ﹤0.01% |
39,000
-14,900
| -28% | -$180K |
|
9194
PUT
CuriosityStream
CURI
$211M
| $496K | ﹤0.01% |
88,100
-35,000
| -28% | -$161K |
|
9195
United States Natural Gas Fund
UNG
$487M
| $496K | ﹤0.01% |
32,457
-695,230
| -96% | -$12M |
|
9196
Babcock & Wilcox
BW
$1.53B
| $496K | ﹤0.01% |
515,238
-53,578
| -9% | -$36.6K |
|
9197
CALL
Astronics
ATRO
$4.61B
| $496K | ﹤0.01% |
+17,760
| New | +$415K |
|
9198
PUT
AAR Corp
AIR
$5.85B
| $495K | ﹤0.01% |
7,200
-18,400
| -72% | -$1.1M |
|
9199
CALL
Fulgent Genetics
FLGT
$511M
| $495K | ﹤0.01% |
24,900
+8,400
| +51% | +$164K |
|
9200
PUT
ESAB
ESAB
$5.27B
| $494K | ﹤0.01% |
4,100
+200
| +5% | +$24.2K |
|
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.