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 | |
|---|---|---|---|---|---|---|
11551
PUT
Clarus
CLAR
$139M
| $140K | ﹤0.01% |
40,400
+19,400
| +92% | +$65.7K |
|
|
GPMT
11552
CALL
Granite Point Mortgage Trust
GPMT
$57.8M
| $140K | ﹤0.01% |
56,700
-18,200
| -24% | -$40.9K |
|
11553
PUT
Alpha Pro Tech
APT
$55.7M
| $140K | ﹤0.01% |
29,800
-13,700
| -31% | -$62.1K |
|
11554
PUT
Zedge
ZDGE
$38.7M
| $140K | ﹤0.01% |
34,800
-10,300
| -23% | -$26.6K |
|
11555
Direxion Daily TSLA Bear 1X ETF
TSLS
$74.1M
| $139K | ﹤0.01% |
1,779
-28,298
| -94% | -$2.52M |
|
11556
EA Bridgeway Blue Chip ETF
BBLU
$462M
| $139K | ﹤0.01% |
10,141
-23,913
| -70% | -$305K |
|
11557
Critical Metals Corp
CRML
$991M
| $139K | ﹤0.01% |
+38,955
| New | +$71K |
|
|
NIU
11558
PUT
Niu Technologies
NIU
$158M
| $139K | ﹤0.01% |
41,500
-30,300
| -42% | -$104K |
|
11559
Invesco Preferred ETF
PGX
$3.77B
| $139K | ﹤0.01% |
12,504
-109,442
| -90% | -$1.21M |
|
11560
CALL
Sotera Health
SHC
$5.38B
| $139K | ﹤0.01% |
12,500
-26,800
| -68% | -$314K |
|
11561
CALL
Rekor Systems
REKR
$98.4M
| $139K | ﹤0.01% |
119,800
+3,500
| +3% | +$3.68K |
|
|
ADUR
11562
Aduro Clean Technologies
ADUR
$585M
| $139K | ﹤0.01% |
+15,500
| New | +$107K |
|
11563
PUT
Arhaus
ARHS
$1.38B
| $139K | ﹤0.01% |
+16,000
| New | +$134K |
|
|
NIU
11564
Niu Technologies
NIU
$158M
| $139K | ﹤0.01% |
41,276
-56,231
| -58% | -$193K |
|
|
SPPP
11565
Sprott Physical Platinum and Palladium Trust
SPPP
$613M
| $139K | ﹤0.01% |
+11,811
| New | +$120K |
|
|
TRVG
11566
CALL
trivago
TRVG
$346M
| $138K | ﹤0.01% |
36,700
-40,200
| -52% | -$165K |
|
|
ZTR
11567
Virtus Total Return Fund
ZTR
$339M
| $138K | ﹤0.01% |
22,184
-2,182
| -9% | -$13.1K |
|
11568
SunPower Inc
SPWR
$46.3M
| $138K | ﹤0.01% |
+75,078
| New | +$130K |
|
11569
PUT
Zevia
ZVIA
$104M
| $138K | ﹤0.01% |
42,900
-32,900
| -43% | -$86.6K |
|
|
LUCK
11570
CALL
Lucky Strike Entertainment
LUCK
$938M
| $138K | ﹤0.01% |
15,100
+3,800
| +34% | +$34.4K |
|
11571
CALL
Gray Television
GTN
$544M
| $138K | ﹤0.01% |
+30,400
| New | +$118K |
|
11572
PUT
Ardmore Shipping
ASC
$719M
| $137K | ﹤0.01% |
14,300
-11,600
| -45% | -$112K |
|
|
PNI
11573
PIMCO New York Municipal Income Fund II
PNI
$77.2M
| $137K | ﹤0.01% |
20,414
+8,321
| +69% | +$56.2K |
|
11574
Culp Inc
CULP
$43.8M
| $137K | ﹤0.01% |
34,890
-23,580
| -40% | -$94.7K |
|
11575
PUT
Odyssey Marine Exploration
OMEX
$53.9M
| $136K | ﹤0.01% |
115,500
+35,800
| +45% | +$32.6K |
|
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.