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 | |
|---|---|---|---|---|---|---|
9426
CALL
SPS Commerce
SPSC
$2.86B
| $449K | ﹤0.01% |
3,300
+400
| +14% | +$55.4K |
|
9427
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.21B
| $449K | ﹤0.01% |
43,296
+5,586
| +15% | +$57.9K |
|
9428
APi Group
APG
$19B
| $449K | ﹤0.01% |
13,187
-853,084
| -98% | -$24.4M |
|
9429
PUT
Globus Medical
GMED
$11.5B
| $449K | ﹤0.01% |
7,600
-8,900
| -54% | -$575K |
|
9430
Dine Brands
DIN
$447M
| $448K | ﹤0.01% |
18,433
-4,921
| -21% | -$114K |
|
|
FLNA
9431
PUT
Filana Therapeutics
FLNA
$44.1M
| $448K | ﹤0.01% |
247,500
-61,000
| -20% | -$109K |
|
9432
Innovator US Equity Power Buffer ETF December
PDEC
$999M
| $448K | ﹤0.01% |
11,192
-39,708
| -78% | -$1.51M |
|
9433
Global X S&P 500 Tail Risk ETF
XTR
$4.98M
| $448K | ﹤0.01% |
15,779
-1,137
| -7% | -$30.3K |
|
9434
CALL
James River Group Holdings
JRVR
$193M
| $448K | ﹤0.01% |
+76,400
| New | +$387K |
|
9435
Avnet
AVT
$7.86B
| $448K | ﹤0.01% |
8,432
-30,173
| -78% | -$1.5M |
|
9436
PUT
Phunware
PHUN
$42.8M
| $447K | ﹤0.01% |
141,100
-47,300
| -25% | -$140K |
|
9437
CALL
Designer Brands
DBI
$299M
| $447K | ﹤0.01% |
187,900
+1,800
| +1% | +$5.43K |
|
9438
PUT
Neurogene
NGNE
$723M
| $447K | ﹤0.01% |
29,900
-3,100
| -9% | -$48.6K |
|
9439
PUT
Extreme Networks
EXTR
$3.2B
| $447K | ﹤0.01% |
24,900
-65,000
| -72% | -$957K |
|
9440
Texas Capital Texas Oil Index ETF
OILT
$13.8M
| $446K | ﹤0.01% |
20,556
+10,903
| +113% | +$233K |
|
9441
BWX Technologies
BWXT
$15.9B
| $446K | ﹤0.01% |
3,098
+315
| +11% | +$36.8K |
|
9442
PUT
Enova International
ENVA
$6.61B
| $446K | ﹤0.01% |
4,000
+400
| +11% | +$38.2K |
|
9443
ALPS O'Shares Global Internet Giants ETF
OGIG
$113M
| $446K | ﹤0.01% |
+8,319
| New | +$398K |
|
9444
PUT
VanEck Mortgage REIT Income ETF
MORT
$375M
| $446K | ﹤0.01% |
+42,200
| New | +$429K |
|
9445
CALL
Ocugen
OCGN
$458M
| $445K | ﹤0.01% |
459,200
+318,100
| +225% | +$264K |
|
9446
PUT
Encore Capital Group
ECPG
$2.2B
| $445K | ﹤0.01% |
11,500
-3,500
| -23% | -$127K |
|
|
QIG
9447
WisdomTree U.S. Corporate Bond Fund
QIG
$17.5M
| $445K | ﹤0.01% |
9,948
+408
| +4% | +$18K |
|
9448
PUT
Atomera
ATOM
$219M
| $444K | ﹤0.01% |
88,100
-35,000
| -28% | -$187K |
|
9449
PUT
Colliers International
CIGI
$5.39B
| $444K | ﹤0.01% |
3,400
+500
| +17% | +$60.9K |
|
9450
PUT
Glacier Bancorp
GBCI
$6.5B
| $444K | ﹤0.01% |
+10,300
| New | +$427K |
|
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.