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 | |
|---|---|---|---|---|---|---|
|
CMPS
10301
Compass Pathways
CMPS
$1.86B
| $304K | ﹤0.01% |
108,557
+31,735
| +41% | +$119K |
|
10302
VictoryShares WestEnd US Sector ETF
MODL
$1.07B
| $304K | ﹤0.01% |
+7,050
| New | +$281K |
|
|
LIAW
10303
DELISTED
LifeX 2062 Inflation-Protected Longevity Income ETF
LIAW
| $304K | ﹤0.01% |
+1,239
| New | +$300K |
|
10304
CALL
Ethan Allen Interiors
ETD
$581M
| $304K | ﹤0.01% |
10,900
-12,500
| -53% | -$338K |
|
10305
E.W. Scripps
SSP
$320M
| $303K | ﹤0.01% |
103,216
+2,223
| +2% | +$5.37K |
|
10306
CALL
Arq
ARQ
$102M
| $303K | ﹤0.01% |
56,500
+30,800
| +120% | +$135K |
|
|
FIRY
10307
PUT
Firy Inc
FIRY
$156M
| $303K | ﹤0.01% |
44,400
+26,900
| +154% | +$149K |
|
10308
908 Devices
MASS
$414M
| $303K | ﹤0.01% |
42,461
-23,266
| -35% | -$129K |
|
|
ARIS
10309
PUT
DELISTED
Aris Water Solutions
ARIS
| $303K | ﹤0.01% |
12,800
+2,200
| +21% | +$54.3K |
|
10310
PUT
Ziff Davis
ZD
$1.9B
| $303K | ﹤0.01% |
10,000
-7,100
| -42% | -$228K |
|
10311
PUT
Amneal Pharmaceuticals
AMRX
$6.32B
| $303K | ﹤0.01% |
37,400
-13,000
| -26% | -$98K |
|
|
MREO
10312
PUT
Mereo BioPharma
MREO
$50.9M
| $302K | ﹤0.01% |
111,600
+23,800
| +27% | +$57.4K |
|
|
GES
10313
DELISTED
Guess Inc
GES
| $302K | ﹤0.01% |
25,005
-50,589
| -67% | -$565K |
|
10314
PUT
Opendoor
OPEN
$3.53B
| $302K | ﹤0.01% |
589,103
-72,437
| -11% | -$52.4K |
|
|
ZENA
10315
PUT
ZenaTech Inc
ZENA
$190M
| $302K | ﹤0.01% |
+82,300
| New | +$237K |
|
10316
CB Financial Services
CBFV
$189M
| $302K | ﹤0.01% |
10,595
-29,861
| -74% | -$852K |
|
10317
EverCommerce
EVCM
$1.8B
| $302K | ﹤0.01% |
28,747
-23,365
| -45% | -$236K |
|
10318
Descartes Systems
DSGX
$6.62B
| $302K | ﹤0.01% |
+2,968
| New | +$313K |
|
10319
FVCBankcorp
FVCB
$338M
| $302K | ﹤0.01% |
25,564
-16,396
| -39% | -$183K |
|
10320
Fidelity D&D Bancorp
FDBC
$324M
| $301K | ﹤0.01% |
6,554
-589
| -8% | -$24.2K |
|
10321
Ecopetrol
EC
$35.3B
| $301K | ﹤0.01% |
34,063
-195,472
| -85% | -$1.73M |
|
10322
AdvisorShares Dorsey Wright Short ETF
DWSH
$6.15M
| $301K | ﹤0.01% |
40,528
+17,492
| +76% | +$138K |
|
10323
CALL
Allot
ALLT
$383M
| $301K | ﹤0.01% |
35,200
-36,600
| -51% | -$263K |
|
10324
Aveanna Healthcare
AVAH
$2.69B
| $301K | ﹤0.01% |
57,536
-20,694
| -26% | -$105K |
|
10325
Getty Images
GETY
$129M
| $301K | ﹤0.01% |
181,241
-42,638
| -19% | -$75.2K |
|
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.