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 | |
|---|---|---|---|---|---|---|
11526
Fundamentals First ETF
KNOW
$7.6M
| $145K | ﹤0.01% |
13,124
-2,247
| -15% | -$23.8K |
|
11527
PUT
LivePerson
LPSN
$35M
| $145K | ﹤0.01% |
9,560
-17,847
| -65% | -$211K |
|
11528
Universal Electronics
UEIC
$68.9M
| $145K | ﹤0.01% |
21,878
-87,767
| -80% | -$536K |
|
11529
CALL
Champions Oncology
CSBR
$69.5M
| $144K | ﹤0.01% |
19,600
-9,200
| -32% | -$64.9K |
|
|
AFCG
11530
AFC Gamma
AFCG
$70.7M
| $144K | ﹤0.01% |
32,216
-2,390
| -7% | -$12.3K |
|
11531
Coffee Holding Co
JVA
$20M
| $144K | ﹤0.01% |
+33,286
| New | +$123K |
|
11532
Consumer Portfolio Services
CPSS
$208M
| $144K | ﹤0.01% |
14,601
-178
| -1% | -$1.63K |
|
11533
Gain Therapeutics
GANX
$91.7M
| $143K | ﹤0.01% |
79,551
-6,407
| -7% | -$11.8K |
|
|
SACH
11534
Sachem Capital Corp
SACH
$38.1M
| $143K | ﹤0.01% |
118,995
-23,406
| -16% | -$24.2K |
|
11535
PUT
FerroAtlántica
GSM
$815M
| $143K | ﹤0.01% |
38,900
-294,800
| -88% | -$1.08M |
|
|
RVPH
11536
CALL
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $143K | ﹤0.01% |
18,755
-220
| -1% | -$3.43K |
|
11537
WhiteHorse Finance
WHF
$152M
| $142K | ﹤0.01% |
+16,324
| New | +$150K |
|
|
CVAC
11538
PUT
DELISTED
CureVac
CVAC
| $142K | ﹤0.01% |
26,200
-15,100
| -37% | -$59.9K |
|
|
AXIA
11539
DELISTED
AXIA Energia
AXIA
| $142K | ﹤0.01% |
+24,149
| New | +$141K |
|
11540
Nuveen Arizona Quality Municipal Income Fund
NAZ
$160M
| $142K | ﹤0.01% |
+12,149
| New | +$143K |
|
11541
Better Home & Finance Holding
BETR
$20.4M
| $142K | ﹤0.01% |
11,422
-7,279
| -39% | -$94.4K |
|
11542
PUT
TETRA Technologies
TTI
$1.26B
| $141K | ﹤0.01% |
42,100
+21,000
| +100% | +$61.1K |
|
11543
PUT
Spero Therapeutics
SPRO
$70.6M
| $141K | ﹤0.01% |
+48,700
| New | +$70K |
|
11544
PUT
Lindblad Expeditions
LIND
$2.24B
| $141K | ﹤0.01% |
12,100
-12,000
| -50% | -$119K |
|
11545
CALL
Oric Pharmaceuticals
ORIC
$1.43B
| $141K | ﹤0.01% |
+13,900
| New | +$93.3K |
|
11546
CALL
Larimar Therapeutics
LRMR
$448M
| $141K | ﹤0.01% |
48,800
+7,100
| +17% | +$16.4K |
|
11547
ProShares UltraShort Semiconductors
SSG
$36.2M
| $141K | ﹤0.01% |
+2,702
| New | +$244K |
|
11548
Taboola.com
TBLA
$1.1B
| $141K | ﹤0.01% |
38,483
-216,683
| -85% | -$707K |
|
|
ALDF
11549
Aldel Financial II Inc
ALDF
| $141K | ﹤0.01% |
+13,421
| New | +$139K |
|
|
AISP
11550
Airship AI Holdings
AISP
$67.5M
| $141K | ﹤0.01% |
23,898
-102,610
| -81% | -$457K |
|
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.