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 | |
|---|---|---|---|---|---|---|
10276
Skye Bioscience
SKYE
$17.6M
| $308K | ﹤0.01% |
73,719
+40,345
| +121% | +$83.5K |
|
10277
Inovio Pharmaceuticals
INO
$113M
| $308K | ﹤0.01% |
151,267
-43,104
| -22% | -$82.6K |
|
10278
CALL
Moog Inc Class A
MOG.A
$14B
| $308K | ﹤0.01% |
+1,700
| New | +$298K |
|
10279
PUT
The ONE Group
STKS
$57.8M
| $307K | ﹤0.01% |
75,900
| – | – |
|
10280
CALL
Black Stone Minerals
BSM
$3.05B
| $307K | ﹤0.01% |
23,500
-37,100
| -61% | -$513K |
|
|
ONTF
10281
DELISTED
ON24
ONTF
| $307K | ﹤0.01% |
56,592
+17,513
| +45% | +$89.8K |
|
|
AIRJ
10282
Montana Technologies Corp
AIRJ
$437M
| $307K | ﹤0.01% |
+66,354
| New | +$305K |
|
|
TBRG
10283
DELISTED
TruBridge
TBRG
| $307K | ﹤0.01% |
13,107
-290,091
| -96% | -$7.12M |
|
10284
PUT
Fulton Financial
FULT
$4.72B
| $307K | ﹤0.01% |
+17,000
| New | +$290K |
|
10285
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$390M
| $307K | ﹤0.01% |
5,435
+1,160
| +27% | +$63K |
|
10286
Whirlpool
WHR
$2.7B
| $306K | ﹤0.01% |
3,022
-15,648
| -84% | -$1.3M |
|
10287
Arena Group
AREN
$54.8M
| $306K | ﹤0.01% |
+49,423
| New | +$243K |
|
10288
iShares MSCI Netherlands ETF
EWN
$738M
| $306K | ﹤0.01% |
5,620
+235
| +4% | +$11.9K |
|
10289
PUT
Americold
COLD
$4.25B
| $306K | ﹤0.01% |
18,400
+2,400
| +15% | +$43.5K |
|
|
SEG
10290
CALL
Seaport Entertainment Group
SEG
$355M
| $306K | ﹤0.01% |
+16,400
| New | +$315K |
|
|
SGMO
10291
PUT
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $306K | ﹤0.01% |
566,400
-788,100
| -58% | -$468K |
|
10292
CALL
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.76B
| $306K | ﹤0.01% |
+3,700
| New | +$291K |
|
|
EFSI
10293
Eagle Financial Services Inc
EFSI
$236M
| $306K | ﹤0.01% |
9,983
-7,014
| -41% | -$217K |
|
10294
Alico
ALCO
$297M
| $305K | ﹤0.01% |
9,334
-406
| -4% | -$12.3K |
|
10295
The Future Fund Active ETF
FFND
$104M
| $305K | ﹤0.01% |
+10,983
| New | +$280K |
|
10296
PUT
SES AI
SES
$223M
| $305K | ﹤0.01% |
342,600
+79,300
| +30% | +$66.5K |
|
10297
CALL
Commerce Bancshares
CBSH
$8.64B
| $305K | ﹤0.01% |
5,145
-7,607
| -60% | -$446K |
|
10298
Nuveen California Quality Municipal Income Fund
NAC
$1.86B
| $304K | ﹤0.01% |
27,259
-7,437
| -21% | -$81.1K |
|
10299
PUT
Ooma
OOMA
$572M
| $304K | ﹤0.01% |
+23,600
| New | +$300K |
|
10300
Lightbridge
LTBR
$317M
| $304K | ﹤0.01% |
22,768
-49,182
| -68% | -$543K |
|
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.