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 | |
|---|---|---|---|---|---|---|
10526
CALL
Arcos Dorados Holdings
ARCO
$1.67B
| $277K | ﹤0.01% |
35,100
+19,100
| +119% | +$144K |
|
|
KEUA
10527
DELISTED
KraneShares European Carbon Allowance Strategy ETF
KEUA
| $277K | ﹤0.01% |
11,988
-1,839
| -13% | -$41.4K |
|
10528
CALL
iShares US Healthcare ETF
IYH
$3.75B
| $277K | ﹤0.01% |
4,900
-1,700
| -26% | -$95.9K |
|
10529
CALL
Consensus Cloud Solutions
CCSI
$716M
| $277K | ﹤0.01% |
+12,000
| New | +$258K |
|
10530
Contango Silver & Gold Inc
CTGO
$677M
| $277K | ﹤0.01% |
14,203
+1,412
| +11% | +$22.7K |
|
10531
Crexendo
CXDO
$221M
| $277K | ﹤0.01% |
45,565
-149,212
| -77% | -$779K |
|
10532
Adecoagro
AGRO
$1.29B
| $277K | ﹤0.01% |
+30,253
| New | +$295K |
|
|
RPT
10533
CALL
Rithm Property Trust
RPT
$104M
| $276K | ﹤0.01% |
+17,067
| New | +$278K |
|
10534
Legacy Housing
LEGH
$698M
| $276K | ﹤0.01% |
12,201
-1,180
| -9% | -$27.6K |
|
10535
PUT
Exponent
EXPO
$3.19B
| $276K | ﹤0.01% |
3,700
-17,300
| -82% | -$1.34M |
|
|
CVE.WS
10536
DELISTED
Cenovus Energy Inc Warrants
CVE.WS
| $276K | ﹤0.01% |
31,399
+11,093
| +55% | +$91.4K |
|
10537
Innovator US Equity Power Buffer ETF February
PFEB
$926M
| $276K | ﹤0.01% |
7,268
-26,883
| -79% | -$976K |
|
10538
Pure Cycle
PCYO
$271M
| $276K | ﹤0.01% |
25,770
-2,960
| -10% | -$30.7K |
|
|
KEEL
10539
CALL
Keel Infrastructure Corp
KEEL
$2.17B
| $276K | ﹤0.01% |
328,600
-51,100
| -13% | -$47.2K |
|
10540
ARK Israel Innovative Technology ETF
IZRL
$141M
| $276K | ﹤0.01% |
+10,159
| New | +$238K |
|
10541
ING
ING
$102B
| $276K | ﹤0.01% |
12,617
-99,440
| -89% | -$2.01M |
|
10542
CALL
VanEck Biotech ETF
BBH
$424M
| $276K | ﹤0.01% |
1,800
-11,800
| -87% | -$1.76M |
|
10543
CALL
Sensient Technologies
SXT
$5.68B
| $276K | ﹤0.01% |
+2,800
| New | +$250K |
|
|
KMID
10544
Virtus KAR Mid-Cap ETF
KMID
$46.7M
| $276K | ﹤0.01% |
+11,002
| New | +$265K |
|
10545
Cousins Properties
CUZ
$4.89B
| $276K | ﹤0.01% |
9,184
-10,189
| -53% | -$288K |
|
10546
Zumiez
ZUMZ
$314M
| $276K | ﹤0.01% |
20,792
-15,424
| -43% | -$195K |
|
10547
CuriosityStream
CURI
$211M
| $275K | ﹤0.01% |
48,818
-357,718
| -88% | -$1.64M |
|
|
NEXN
10548
CALL
Nexxen International
NEXN
$583M
| $275K | ﹤0.01% |
+26,400
| New | +$268K |
|
10549
Suburban Propane Partners
SPH
$1.18B
| $275K | ﹤0.01% |
14,830
-6,740
| -31% | -$131K |
|
|
SNBR
10550
DELISTED
Sleep Number
SNBR
| $274K | ﹤0.01% |
40,632
-18,803
| -32% | -$143K |
|
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.