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 | |
|---|---|---|---|---|---|---|
11351
Hudbay
HBM
$11.9B
| $175K | ﹤0.01% |
16,495
-18,984
| -54% | -$158K |
|
11352
Cohen & Steers Closed End Opportunity Fund
FOF
$382M
| $175K | ﹤0.01% |
+13,867
| New | +$165K |
|
|
MIN
11353
Aberdeen Intermediate Income Fund
MIN
$282M
| $175K | ﹤0.01% |
64,497
-9,847
| -13% | -$26.3K |
|
|
GRSD
11354
CALL
Grandstand Limited Ordinary Shares
GRSD
$80.4M
| $175K | ﹤0.01% |
+14,700
| New | +$181K |
|
11355
CALL
NCR Voyix
VYX
$1.13B
| $175K | ﹤0.01% |
14,900
-42,700
| -74% | -$432K |
|
11356
CALL
TechTarget
TTGT
$278M
| $174K | ﹤0.01% |
+22,400
| New | +$178K |
|
|
CAN
11357
CALL
Canaan Creative
CAN
$171M
| $174K | ﹤0.01% |
280,500
-714,400
| -72% | -$502K |
|
|
NBXG
11358
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.25B
| $174K | ﹤0.01% |
+11,901
| New | +$153K |
|
11359
PUT
Biomea Fusion
BMEA
$95.7M
| $173K | ﹤0.01% |
96,300
+53,700
| +126% | +$103K |
|
|
SOHU
11360
CALL
Sohu.com
SOHU
$378M
| $173K | ﹤0.01% |
13,000
+1,100
| +9% | +$11.7K |
|
|
MGRM
11361
DELISTED
Monogram Orthopaedics
MGRM
| $173K | ﹤0.01% |
59,811
+4,966
| +9% | +$13.4K |
|
11362
Riverview Bancorp
RVSB
$106M
| $172K | ﹤0.01% |
+31,301
| New | +$181K |
|
11363
Aclaris Therapeutics
ACRS
$851M
| $172K | ﹤0.01% |
121,147
-1,260,594
| -91% | -$1.71M |
|
|
RCS
11364
PIMCO Strategic Income Fund
RCS
$250M
| $172K | ﹤0.01% |
24,701
-18,019
| -42% | -$112K |
|
11365
PUT
Cushman & Wakefield Ltd
CWK
$3.38B
| $172K | ﹤0.01% |
+15,500
| New | +$152K |
|
11366
Eagle Bancorp Montana
EBMT
$187M
| $171K | ﹤0.01% |
10,280
-81,383
| -89% | -$1.37M |
|
|
RDNW
11367
RideNow Group
RDNW
$248M
| $171K | ﹤0.01% |
73,974
-12,811
| -15% | -$28.8K |
|
11368
eGain
EGAN
$206M
| $171K | ﹤0.01% |
27,331
+1,894
| +7% | +$10.1K |
|
11369
Wheels Up
UP
$182M
| $170K | ﹤0.01% |
7,963
+1,805
| +29% | +$44.4K |
|
11370
CALL
Corvus Pharmaceuticals
CRVS
$1.25B
| $170K | ﹤0.01% |
42,600
-83,300
| -66% | -$303K |
|
11371
PUT
Lands' End
LE
$384M
| $170K | ﹤0.01% |
+15,900
| New | +$144K |
|
11372
PUT
Runway Growth Finance
RWAY
$290M
| $170K | ﹤0.01% |
+15,800
| New | +$153K |
|
|
MVO
11373
DELISTED
MV Oil Trust
MVO
| $170K | ﹤0.01% |
29,430
+5,961
| +25% | +$34.6K |
|
11374
CALL
Immatics
IMTX
$1.29B
| $169K | ﹤0.01% |
31,500
-800
| -2% | -$3.97K |
|
11375
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN
OILD
$31.2M
| $169K | ﹤0.01% |
+1,268
| New | +$194K |
|
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.