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 | |
|---|---|---|---|---|---|---|
11726
CALL
Riskified
RSKD
$850M
| $111K | ﹤0.01% |
22,200
-2,200
| -9% | -$10.5K |
|
|
PCK
11727
DELISTED
Pimco California Municipal Income Fund II
PCK
| $111K | ﹤0.01% |
+20,644
| New | +$112K |
|
11728
Journey Medical
DERM
$185M
| $110K | ﹤0.01% |
15,388
-41,951
| -73% | -$290K |
|
11729
Broadwind
BWEN
$127M
| $110K | ﹤0.01% |
61,019
+3,051
| +5% | +$5.15K |
|
11730
Invesco Trust for Investment Grade New York Municipals
VTN
$164M
| $110K | ﹤0.01% |
+10,564
| New | +$108K |
|
|
NIU
11731
CALL
Niu Technologies
NIU
$162M
| $110K | ﹤0.01% |
+32,800
| New | +$113K |
|
11732
CALL
Fate Therapeutics
FATE
$298M
| $110K | ﹤0.01% |
+98,300
| New | +$114K |
|
11733
CALL
Douglas Elliman
DOUG
$183M
| $110K | ﹤0.01% |
47,400
-2,700
| -5% | -$5.77K |
|
|
AFB
11734
AllianceBernstein National Municipal Income Fund
AFB
$318M
| $110K | ﹤0.01% |
+10,663
| New | +$110K |
|
11735
Traeger
COOK
$170M
| $110K | ﹤0.01% |
1,286
+248
| +24% | +$19.1K |
|
11736
PUT
Sypris Solutions
SYPR
$49.7M
| $110K | ﹤0.01% |
49,700
+38,500
| +344% | +$69.2K |
|
11737
PUT
InfuSystem Holdings
INFU
$245M
| $110K | ﹤0.01% |
+17,600
| New | +$97.2K |
|
11738
PUT
Prairie Operating Co
PROP
$86M
| $110K | ﹤0.01% |
36,600
+12,200
| +50% | +$48.8K |
|
|
NHS
11739
Neuberger High Yield Strategies Fund Inc
NHS
$256M
| $110K | ﹤0.01% |
+14,479
| New | +$108K |
|
11740
PUT
Corvus Pharmaceuticals
CRVS
$1.25B
| $110K | ﹤0.01% |
27,400
-65,800
| -71% | -$239K |
|
11741
Companhia Siderúrgica Nacional
SID
$1.22B
| $109K | ﹤0.01% |
78,155
-624,047
| -89% | -$964K |
|
11742
Westwater Resources
WWR
$74.7M
| $109K | ﹤0.01% |
181,437
-8,860
| -5% | -$4.66K |
|
11743
Oramed Pharmaceuticals
ORMP
$181M
| $109K | ﹤0.01% |
48,428
-51,768
| -52% | -$114K |
|
11744
CALL
Heartland Express
HTLD
$989M
| $109K | ﹤0.01% |
+12,600
| New | +$108K |
|
11745
PUT
Viavi Solutions
VIAV
$10.8B
| $109K | ﹤0.01% |
10,800
-19,500
| -64% | -$188K |
|
11746
CALL
Ribbon Communications
RBBN
$381M
| $109K | ﹤0.01% |
27,100
+4,100
| +18% | +$14.8K |
|
11747
CALL
UNIFI
UFI
$120M
| $109K | ﹤0.01% |
20,800
+1,300
| +7% | +$6.4K |
|
|
LEO
11748
BNY Mellon Strategic Municipals
LEO
$389M
| $108K | ﹤0.01% |
18,311
+4,461
| +32% | +$26.1K |
|
11749
Goldgroup Mining Inc.
GORO
$223M
| $108K | ﹤0.01% |
177,663
-147,132
| -45% | -$80K |
|
11750
CALL
Veritone
VERI
$112M
| $108K | ﹤0.01% |
86,000
-123,900
| -59% | -$225K |
|
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.