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 | |
|---|---|---|---|---|---|---|
11226
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.4B
| $198K | ﹤0.01% |
18,090
-34,580
| -66% | -$375K |
|
11227
One Stop Systems
OSS
$339M
| $197K | ﹤0.01% |
55,631
+43,246
| +349% | +$121K |
|
11228
Palmer Square Capital BDC
PSBD
$319M
| $197K | ﹤0.01% |
14,134
-4,554
| -24% | -$61.5K |
|
11229
CALL
inTEST
INTT
$179M
| $197K | ﹤0.01% |
27,100
+11,000
| +68% | +$69.8K |
|
|
BHR
11230
Braemar Hotels & Resorts
BHR
$139M
| $197K | ﹤0.01% |
80,501
-20,271
| -20% | -$44.5K |
|
11231
Pliant Therapeutics
PLRX
$66.3M
| $197K | ﹤0.01% |
169,986
+73,519
| +76% | +$104K |
|
|
PLL
11232
DELISTED
Piedmont Lithium
PLL
| $196K | ﹤0.01% |
33,692
-6,137
| -15% | -$40.1K |
|
11233
PUT
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$19.8M
| $196K | ﹤0.01% |
1,000
-1,520
| -60% | -$370K |
|
11234
Diana Shipping
DSX
$309M
| $195K | ﹤0.01% |
133,875
-139,483
| -51% | -$210K |
|
|
UDMY
11235
PUT
DELISTED
Udemy
UDMY
| $195K | ﹤0.01% |
27,800
-700
| -2% | -$4.83K |
|
11236
Citizens
CIA
$201M
| $195K | ﹤0.01% |
55,963
-782,359
| -93% | -$3.06M |
|
11237
Pioneer Bancorp
PBFS
$421M
| $195K | ﹤0.01% |
16,215
-40
| -0.2% | -$459 |
|
11238
BCB Bancorp
BCBP
$163M
| $195K | ﹤0.01% |
23,134
-2,150
| -9% | -$18.2K |
|
11239
BV Financial
BVFL
$180M
| $195K | ﹤0.01% |
12,788
-143,452
| -92% | -$2.16M |
|
11240
BARK
BARK
$91.4M
| $194K | ﹤0.01% |
11,053
-340
| -3% | -$7.81K |
|
11241
Silvercrest Asset Management
SAMG
$79.6M
| $194K | ﹤0.01% |
12,239
-4,850
| -28% | -$73.3K |
|
11242
CALL
Smart Sand
SND
$219M
| $194K | ﹤0.01% |
96,300
-38,900
| -29% | -$78.7K |
|
11243
Liberty All-Star Equity Fund
USA
$1.87B
| $194K | ﹤0.01% |
28,419
-6,536
| -19% | -$42.5K |
|
|
ENX
11244
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
| $193K | ﹤0.01% |
20,810
+1,069
| +5% | +$9.92K |
|
|
THRD
11245
DELISTED
Third Harmonic Bio
THRD
| $193K | ﹤0.01% |
35,583
+7,395
| +26% | +$36.9K |
|
11246
KORU Medical Systems
KRMD
$157M
| $193K | ﹤0.01% |
53,966
-374,341
| -87% | -$1.06M |
|
|
MAPS
11247
DELISTED
WM TECHNOLOGY INC A
MAPS
| $193K | ﹤0.01% |
215,490
+53,266
| +33% | +$57.4K |
|
11248
Lexeo Therapeutics
LXEO
$397M
| $193K | ﹤0.01% |
48,011
-2,136
| -4% | -$7.02K |
|
|
RSVR
11249
Reservoir Media
RSVR
$657M
| $193K | ﹤0.01% |
25,161
+1,265
| +5% | +$9.29K |
|
|
CEPU
11250
CALL
Central Puerto
CEPU
$1.97B
| $193K | ﹤0.01% |
16,500
-19,900
| -55% | -$234K |
|
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.