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 | |
|---|---|---|---|---|---|---|
11451
Meridian
MRBK
$240M
| $160K | ﹤0.01% |
12,393
-159,702
| -93% | -$2.11M |
|
11452
PUT
UNIFI
UFI
$122M
| $160K | ﹤0.01% |
30,600
+7,100
| +30% | +$35K |
|
11453
CALL
Adtran
ADTN
$673M
| $160K | ﹤0.01% |
17,800
-26,500
| -60% | -$211K |
|
11454
Televisa
TV
$1.53B
| $160K | ﹤0.01% |
72,876
+6,217
| +9% | +$12.2K |
|
|
SCS
11455
PUT
DELISTED
Steelcase
SCS
| $160K | ﹤0.01% |
+15,300
| New | +$158K |
|
11456
PUT
Dyne Therapeutics
DYN
$4.8B
| $159K | ﹤0.01% |
16,700
-20,900
| -56% | -$230K |
|
|
IRS
11457
CALL
IRSA Inversiones y Representaciones
IRS
$1.24B
| $159K | ﹤0.01% |
+11,400
| New | +$162K |
|
11458
CALL
Boston Omaha
BOC
$424M
| $159K | ﹤0.01% |
+11,300
| New | +$165K |
|
|
IGA
11459
Voya Global Advantage and Premium Opportunity Fund
IGA
$159M
| $159K | ﹤0.01% |
+15,971
| New | +$156K |
|
11460
Data Storage Corp
DTST
$6.99M
| $158K | ﹤0.01% |
45,607
+13,430
| +42% | +$48.6K |
|
11461
PUT
One Stop Systems
OSS
$333M
| $158K | ﹤0.01% |
44,500
+21,200
| +91% | +$59.1K |
|
|
PCEM
11462
DELISTED
Polen Capital Emerging Markets ex-China Growth ETF
PCEM
| $157K | ﹤0.01% |
14,505
-2,004
| -12% | -$20.4K |
|
11463
Beamr Imaging
BMR
$20M
| $157K | ﹤0.01% |
49,850
+517
| +1% | +$1.41K |
|
|
BDN
11464
PUT
Brandywine Realty Trust
BDN
$539M
| $157K | ﹤0.01% |
36,600
-47,500
| -56% | -$197K |
|
11465
SR Bancorp
SRBK
$146M
| $157K | ﹤0.01% |
11,613
-10,277
| -47% | -$132K |
|
|
PLTZ
11466
Defiance Daily Target 2x Short PLTR ETF
PLTZ
$39.8M
| $157K | ﹤0.01% |
+2,680
| New | +$160K |
|
11467
CALL
Jasper Therapeutics
JSPR
$27M
| $157K | ﹤0.01% |
28,200
+4,500
| +19% | +$22.2K |
|
11468
CALL
Expensify
EXFY
$209M
| $156K | ﹤0.01% |
60,300
-34,100
| -36% | -$87.1K |
|
|
KBDC
11469
Kayne Anderson BDC
KBDC
$893M
| $156K | ﹤0.01% |
+10,193
| New | +$161K |
|
|
NREF
11470
NexPoint Real Estate Finance
NREF
$318M
| $155K | ﹤0.01% |
11,273
-2,592
| -19% | -$37.1K |
|
11471
Shattuck Labs
STTK
$752M
| $155K | ﹤0.01% |
196,328
+144,890
| +282% | +$141K |
|
11472
CALL
Barings BDC
BBDC
$977M
| $155K | ﹤0.01% |
17,000
-74,000
| -81% | -$658K |
|
11473
Nuveen AMT-Free Municipal Value Fund
NUW
$253M
| $155K | ﹤0.01% |
11,336
+446
| +4% | +$6.06K |
|
11474
Nerdy
NRDY
$91.5M
| $155K | ﹤0.01% |
94,965
+1,107
| +1% | +$1.77K |
|
|
TDAY
11475
PUT
USA Today Co
TDAY
$1.04B
| $155K | ﹤0.01% |
+43,200
| New | +$145K |
|
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.