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 | |
|---|---|---|---|---|---|---|
9326
Greenlight Captial
GLRE
$514M
| $468K | ﹤0.01% |
32,546
-19,507
| -37% | -$268K |
|
9327
CALL
CuriosityStream
CURI
$211M
| $467K | ﹤0.01% |
83,000
-39,500
| -32% | -$181K |
|
9328
Knight Transportation
KNX
$11.8B
| $467K | ﹤0.01% |
10,554
-89,034
| -89% | -$3.79M |
|
9329
Brookfield Renewable
BEPC
$6.59B
| $467K | ﹤0.01% |
14,239
-44,395
| -76% | -$1.3M |
|
9330
Claros Mortgage Trust
CMTG
$257M
| $466K | ﹤0.01% |
163,592
+18,615
| +13% | +$49.9K |
|
9331
PUT
GoodRx Holdings
GDRX
$1.27B
| $466K | ﹤0.01% |
93,600
+17,100
| +22% | +$74.3K |
|
9332
Bank of Marin Bancorp
BMRC
$458M
| $466K | ﹤0.01% |
20,405
-1,198
| -6% | -$25.5K |
|
9333
Capital Southwest
CSWC
$1.59B
| $466K | ﹤0.01% |
21,139
-16,448
| -44% | -$339K |
|
9334
CALL
Green Dot
GDOT
$771M
| $466K | ﹤0.01% |
+43,200
| New | +$390K |
|
9335
Global X SuperIncome Preferred ETF
SPFF
$144M
| $465K | ﹤0.01% |
51,856
+35,280
| +213% | +$308K |
|
9336
CALL
PACS Group
PACS
$7.04B
| $465K | ﹤0.01% |
36,000
-84,900
| -70% | -$883K |
|
9337
Aviat Networks
AVNW
$287M
| $465K | ﹤0.01% |
19,339
+1,758
| +10% | +$35.4K |
|
9338
Tactile Systems Technology
TCMD
$548M
| $465K | ﹤0.01% |
45,843
+1,339
| +3% | +$15.3K |
|
|
SPIN
9339
State Street US Equity Premium Income ETF
SPIN
$48.6M
| $465K | ﹤0.01% |
15,628
+4,510
| +41% | +$129K |
|
|
JHG
9340
DELISTED
Janus Henderson
JHG
| $465K | ﹤0.01% |
11,960
-9,910
| -45% | -$349K |
|
9341
PUT
Fox Factory Holding Corp
FOXF
$883M
| $464K | ﹤0.01% |
17,900
-5,000
| -22% | -$117K |
|
9342
ProShares Merger ETF
MRGR
$16M
| $464K | ﹤0.01% |
+11,059
| New | +$462K |
|
9343
CALL
Revvity
RVTY
$13B
| $464K | ﹤0.01% |
4,800
-4,200
| -47% | -$396K |
|
|
UPB
9344
Upstream Bio Inc
UPB
$387M
| $464K | ﹤0.01% |
42,263
+20,999
| +99% | +$194K |
|
|
NA
9345
Nano Labs
NA
$43.4M
| $464K | ﹤0.01% |
+49,979
| New | +$304K |
|
9346
Xtrackers MSCI EAFE ESG Leaders Equity ETF
EASG
$69M
| $464K | ﹤0.01% |
13,766
-9,498
| -41% | -$305K |
|
9347
CALL
Direxion Daily Retail Bull 3X ETF
RETL
$27.3M
| $464K | ﹤0.01% |
61,000
+19,800
| +48% | +$130K |
|
9348
Aptus Behavioral Momentum ETF
ADME
$308M
| $463K | ﹤0.01% |
+9,616
| New | +$434K |
|
9349
CALL
Maximus
MMS
$2.89B
| $463K | ﹤0.01% |
+6,600
| New | +$464K |
|
9350
4D Molecular Therapeutics
FDMT
$673M
| $463K | ﹤0.01% |
124,799
+54,079
| +76% | +$190K |
|
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.