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 | |
|---|---|---|---|---|---|---|
11951
PUT
Clarivate
CLVT
$1.25B
| $74.8K | ﹤0.01% |
17,400
-44,900
| -72% | -$181K |
|
11952
Southland Holdings
SLND
$29.1M
| $74.8K | ﹤0.01% |
17,884
-321
| -2% | -$1.13K |
|
|
CMU
11953
DELISTED
MFS High Yield Municipal Trust
CMU
| $74.7K | ﹤0.01% |
22,423
-11,785
| -34% | -$39.5K |
|
11954
CALL
Lantronix
LTRX
$272M
| $74.6K | ﹤0.01% |
+26,000
| New | +$59.1K |
|
11955
CALL
Zedge
ZDGE
$38.6M
| $74.2K | ﹤0.01% |
+18,500
| New | +$47.9K |
|
11956
PUT
SurgePays
SURG
$6.2M
| $73.9K | ﹤0.01% |
+23,700
| New | +$65.6K |
|
|
NOTV
11957
PUT
DELISTED
Inotiv
NOTV
| $73.9K | ﹤0.01% |
40,600
-9,400
| -19% | -$20.4K |
|
|
TE
11958
CALL
T1 Energy
TE
$1.41B
| $73.8K | ﹤0.01% |
60,000
-82,100
| -58% | -$100K |
|
11959
CALL
Puma Biotechnology
PBYI
$450M
| $73.7K | ﹤0.01% |
+21,500
| New | +$68.6K |
|
|
TSE
11960
CALL
DELISTED
Trinseo
TSE
| $73.6K | ﹤0.01% |
23,600
-8,200
| -26% | -$27K |
|
11961
CALL
Cerus
CERS
$572M
| $73.5K | ﹤0.01% |
52,100
+40,700
| +357% | +$54.3K |
|
11962
CPI Aerostructures
CVU
$75M
| $73.4K | ﹤0.01% |
20,970
-7,836
| -27% | -$25.3K |
|
11963
PUT
StealthGas
GASS
$331M
| $73.1K | ﹤0.01% |
+11,400
| New | +$65.3K |
|
|
ZENA
11964
CALL
ZenaTech Inc
ZENA
$189M
| $73K | ﹤0.01% |
+19,900
| New | +$57.4K |
|
11965
Newell Brands
NWL
$2.62B
| $72.5K | ﹤0.01% |
13,426
-1,002,519
| -99% | -$5.31M |
|
11966
PUT
Protara Therapeutics
TARA
$233M
| $72.4K | ﹤0.01% |
23,900
-80,100
| -77% | -$276K |
|
|
FNUC
11967
PUT
Frontier Nuclear and Minerals Inc
FNUC
$48.6M
| $72.4K | ﹤0.01% |
20,000
-4,454
| -18% | -$19.2K |
|
|
MAPS
11968
CALL
DELISTED
WM TECHNOLOGY INC A
MAPS
| $72.2K | ﹤0.01% |
80,200
+4,100
| +5% | +$4.42K |
|
|
CGAU
11969
PUT
Centerra Gold
CGAU
$4.15B
| $72.1K | ﹤0.01% |
+10,000
| New | +$68.4K |
|
|
CMCM
11970
CALL
Cheetah Mobile
CMCM
$93.7M
| $72.1K | ﹤0.01% |
15,400
-3,400
| -18% | -$13.7K |
|
|
BRAG
11971
Bragg Gaming Group
BRAG
$55.2M
| $72K | ﹤0.01% |
16,856
-20,963
| -55% | -$86.9K |
|
11972
PUT
Playtika
PLTK
$902M
| $71.9K | ﹤0.01% |
15,200
-3,300
| -18% | -$16.2K |
|
|
MODV
11973
DELISTED
ModivCare
MODV
| $71.9K | ﹤0.01% |
23,037
-389
| -2% | -$716 |
|
11974
ProKidney
PROK
$289M
| $71.8K | ﹤0.01% |
121,323
-15,677
| -11% | -$12.2K |
|
|
CLSD
11975
DELISTED
Clearside Biomedical
CLSD
| $71.7K | ﹤0.01% |
5,975
+3,764
| +170% | +$46.7K |
|
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.