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 | |
|---|---|---|---|---|---|---|
11701
CPS Technologies
CPSH
$83.4M
| $116K | ﹤0.01% |
41,810
+20,193
| +93% | +$43.1K |
|
11702
CALL
Lexicon Pharmaceuticals
LXRX
$1.02B
| $116K | ﹤0.01% |
121,800
+75,700
| +164% | +$49K |
|
|
NVNO
11703
CALL
enVVeno Medical
NVNO
$7.41M
| $116K | ﹤0.01% |
+829
| New | +$98K |
|
11704
CALL
Telecom Argentina
TEO
$5.76B
| $116K | ﹤0.01% |
+13,100
| New | +$131K |
|
11705
Genasys
GNSS
$80.6M
| $116K | ﹤0.01% |
66,840
-243,887
| -78% | -$450K |
|
|
JAMF
11706
PUT
DELISTED
Jamf
JAMF
| $115K | ﹤0.01% |
12,100
+1,600
| +15% | +$17.2K |
|
11707
PUT
James River Group Holdings
JRVR
$198M
| $115K | ﹤0.01% |
19,600
+7,100
| +57% | +$36K |
|
11708
Better Online Solutions
BOSC
$31.8M
| $115K | ﹤0.01% |
+23,664
| New | +$97K |
|
|
ABX
11709
CALL
Abacus Global Management
ABX
$924M
| $115K | ﹤0.01% |
22,300
+8,900
| +66% | +$65.7K |
|
11710
CALL
TransAlta
TAC
$4.02B
| $114K | ﹤0.01% |
10,600
-143,100
| -93% | -$1.36M |
|
|
REE
11711
CALL
DELISTED
REE Automotive
REE
| $114K | ﹤0.01% |
190,500
+30,700
| +19% | +$54K |
|
11712
PUT
BuzzFeed
BZFD
$93.3M
| $113K | ﹤0.01% |
56,400
-22,400
| -28% | -$44.2K |
|
11713
CALL
Galectin Therapeutics
GALT
$328M
| $112K | ﹤0.01% |
53,300
-401,700
| -88% | -$601K |
|
11714
PUT
Annovis Bio
ANVS
$79.6M
| $112K | ﹤0.01% |
51,800
-21,900
| -30% | -$43.2K |
|
11715
TriSalus Life Sciences
TLSI
$331M
| $112K | ﹤0.01% |
+20,558
| New | +$110K |
|
11716
CALL
Full House Resorts
FLL
$85.4M
| $112K | ﹤0.01% |
30,600
-56,400
| -65% | -$189K |
|
|
AHRT
11717
PUT
AH Realty Trust
AHRT
$512M
| $112K | ﹤0.01% |
16,300
-23,200
| -59% | -$161K |
|
11718
CALL
Quad
QUAD
$505M
| $112K | ﹤0.01% |
19,800
+3,000
| +18% | +$16.2K |
|
|
BLE
11719
DELISTED
BlackRock Municipal Income Trust II
BLE
| $112K | ﹤0.01% |
11,133
-8,176
| -42% | -$81.6K |
|
|
BRW
11720
Saba Capital Income & Opportunities Fund
BRW
$335M
| $112K | ﹤0.01% |
13,860
| – | – |
|
11721
Century Therapeutics
IPSC
$344M
| $112K | ﹤0.01% |
199,951
+142,516
| +248% | +$76.5K |
|
11722
PUT
JELD-WEN Holding
JELD
$167M
| $111K | ﹤0.01% |
28,400
+16,700
| +143% | +$74.4K |
|
11723
PUT
Blink Charging
BLNK
$87M
| $111K | ﹤0.01% |
118,100
-104,600
| -47% | -$83.5K |
|
11724
CALL
Sasol
SSL
$7.29B
| $111K | ﹤0.01% |
25,100
+7,500
| +43% | +$30.7K |
|
|
LOMA
11725
PUT
Loma Negra
LOMA
$1.1B
| $111K | ﹤0.01% |
10,100
-46,700
| -82% | -$540K |
|
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.