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 | |
|---|---|---|---|---|---|---|
11801
PUT
Corsair Gaming
CRSR
$1.45B
| $99K | ﹤0.01% |
+10,500
| New | +$84.7K |
|
11802
CALL
BeyondSpring
BYSI
$41M
| $98.9K | ﹤0.01% |
+42,100
| New | +$77.8K |
|
|
FLYY
11803
DELISTED
Spirit Aviation Holdings, Inc.
FLYY
| $98.6K | ﹤0.01% |
+19,757
| New | +$118K |
|
|
PFO
11804
Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
$119M
| $98.5K | ﹤0.01% |
+10,654
| New | +$95.1K |
|
11805
CALL
Inovio Pharmaceuticals
INO
$93M
| $98.5K | ﹤0.01% |
+48,300
| New | +$92.6K |
|
|
FTF
11806
Franklin Limited Duration Income Trust
FTF
$235M
| $98.4K | ﹤0.01% |
15,326
-11,811
| -44% | -$74.7K |
|
|
MTR
11807
Mesa Royalty Trust
MTR
$5.31M
| $98.2K | ﹤0.01% |
17,959
-4,376
| -20% | -$23.5K |
|
|
CMDB
11808
Costamare Bulkers Holdings
CMDB
$429M
| $98.2K | ﹤0.01% |
+11,321
| New | +$113K |
|
11809
OptimumBank Holdings
OPHC
$113M
| $97.9K | ﹤0.01% |
21,891
+3,604
| +20% | +$15.5K |
|
11810
PUT
Skye Bioscience
SKYE
$19M
| $97.8K | ﹤0.01% |
23,400
+10,100
| +76% | +$20.9K |
|
|
MSD
11811
Morgan Stanley Emerging Markets Debt Fund
MSD
$147M
| $97.6K | ﹤0.01% |
12,624
+1,152
| +10% | +$8.79K |
|
11812
Empire Petroleum
EP
$108M
| $97.2K | ﹤0.01% |
18,415
-3,822
| -17% | -$18.9K |
|
11813
Smart Sand
SND
$213M
| $97.2K | ﹤0.01% |
48,353
-12,269
| -20% | -$24.8K |
|
11814
Lucid Diagnostics
LUCD
$184M
| $97.1K | ﹤0.01% |
84,442
-106,013
| -56% | -$137K |
|
11815
Dynagas LNG Partners
DLNG
$135M
| $97.1K | ﹤0.01% |
+27,580
| New | +$99.1K |
|
11816
AirSculpt Technologies
AIRS
$244M
| $96.8K | ﹤0.01% |
20,035
+4,152
| +26% | +$14.1K |
|
11817
Veritone
VERI
$139M
| $96.7K | ﹤0.01% |
76,759
+30,051
| +64% | +$54.6K |
|
11818
PUT
Lifecore Biomedical
LFCR
$181M
| $96.6K | ﹤0.01% |
+11,900
| New | +$80.2K |
|
11819
Bridgeline Digital
BLIN
$13.7M
| $96.4K | ﹤0.01% |
69,386
+51,588
| +290% | +$84K |
|
11820
PUT
Vor Biopharma
VOR
$1.32B
| $96.4K | ﹤0.01% |
+2,975
| New | +$26.3K |
|
|
PLL
11821
PUT
DELISTED
Piedmont Lithium
PLL
| $96K | ﹤0.01% |
16,500
-55,000
| -77% | -$359K |
|
|
EU
11822
PUT
enCore Energy
EU
$221M
| $95.8K | ﹤0.01% |
33,500
+5,600
| +20% | +$10.1K |
|
|
IMMP
11823
Immutep
IMMP
$59.5M
| $95.6K | ﹤0.01% |
58,310
+10,853
| +23% | +$18.9K |
|
11824
CALL
RPC Inc
RES
$1.4B
| $95.5K | ﹤0.01% |
20,200
-9,600
| -32% | -$46.2K |
|
|
YARW
11825
Yarrow Bioscience, Inc. Common Stock
YARW
$114M
| $95.4K | ﹤0.01% |
1,156
+1
| +0.1% | +$65 |
|
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.