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 | |
|---|---|---|---|---|---|---|
11676
CALL
Wave Life Sciences
WVE
$1.05B
| $120K | ﹤0.01% |
18,400
-336,400
| -95% | -$2.22M |
|
|
EVM
11677
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $119K | ﹤0.01% |
+13,296
| New | +$118K |
|
11678
CALL
Stagwell
STGW
$2.26B
| $118K | ﹤0.01% |
26,300
+6,700
| +34% | +$33.7K |
|
11679
Runway Growth Finance
RWAY
$288M
| $118K | ﹤0.01% |
11,029
-21,992
| -67% | -$213K |
|
11680
Wolfspeed
WOLF
$1.57B
| $118K | ﹤0.01% |
296,339
-927,865
| -76% | -$2.12M |
|
11681
PUT
Radiant Logistics
RLGT
$410M
| $118K | ﹤0.01% |
+19,400
| New | +$116K |
|
11682
CALL
Methode Electronics
MEI
$596M
| $118K | ﹤0.01% |
+12,400
| New | +$91.1K |
|
|
RDNW
11683
CALL
RideNow Group
RDNW
$247M
| $118K | ﹤0.01% |
51,000
+28,300
| +125% | +$63.6K |
|
11684
Myomo
MYO
$59.8M
| $117K | ﹤0.01% |
54,397
-303,516
| -85% | -$1.1M |
|
|
MHN
11685
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
| $117K | ﹤0.01% |
11,952
-4,603
| -28% | -$45.3K |
|
|
UYSCU
11686
UY Scuti Acquisition Corp Units
UYSCU
| $117K | ﹤0.01% |
+11,424
| New | +$116K |
|
11687
CALL
Alto Ingredients
ALTO
$324M
| $117K | ﹤0.01% |
102,000
+700
| +0.7% | +$671 |
|
|
BRSP
11688
CALL
BrightSpire Capital
BRSP
$638M
| $117K | ﹤0.01% |
23,200
+1,000
| +5% | +$5.05K |
|
11689
PUT
Vertical Aerospace
EVTL
$105M
| $117K | ﹤0.01% |
+17,300
| New | +$81.1K |
|
11690
XBiotech
XBIT
$71.6M
| $117K | ﹤0.01% |
39,381
+12,864
| +49% | +$37.4K |
|
11691
CALL
Satellogic
SATL
$887M
| $117K | ﹤0.01% |
32,300
-154,100
| -83% | -$581K |
|
11692
Duluth Holdings
DLTH
$151M
| $117K | ﹤0.01% |
55,659
-57,133
| -51% | -$107K |
|
11693
US Global Investors
GROW
$38.9M
| $117K | ﹤0.01% |
45,165
+1,303
| +3% | +$2.92K |
|
|
DENN
11694
PUT
DELISTED
Denny's
DENN
| $116K | ﹤0.01% |
28,400
-9,600
| -25% | -$36.8K |
|
|
CCIX
11695
DELISTED
Churchill Capital Corp IX
CCIX
| $116K | ﹤0.01% |
+11,058
| New | +$120K |
|
11696
Actinium Pharmaceuticals
ATNM
$32.6M
| $116K | ﹤0.01% |
83,072
-23,910
| -22% | -$35.8K |
|
|
PCM
11697
PCM Fund
PCM
$70M
| $116K | ﹤0.01% |
18,365
+2,346
| +15% | +$14.7K |
|
|
UCFI
11698
CN Healthy Food Tech Group
UCFI
| $116K | ﹤0.01% |
+11,404
| New | +$120K |
|
11699
CALL
TETRA Technologies
TTI
$1.25B
| $116K | ﹤0.01% |
34,500
-33,900
| -50% | -$98.7K |
|
11700
SurgePays
SURG
$8.18M
| $116K | ﹤0.01% |
37,132
-32,333
| -47% | -$89.5K |
|
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.