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 | |
|---|---|---|---|---|---|---|
12176
PUT
Stereotaxis
STXS
$137M
| $39.4K | ﹤0.01% |
18,600
-22,000
| -54% | -$44.7K |
|
|
PGYWW
12177
Pagaya Technologies Ltd Warrants
PGYWW
$1.31M
| $39.4K | ﹤0.01% |
231,838
+212,784
| +1,117% | +$27.8K |
|
12178
Alto Ingredients
ALTO
$326M
| $39.2K | ﹤0.01% |
34,053
-469,572
| -93% | -$450K |
|
|
CSCI
12179
DELISTED
COSCIENS Biopharma Inc. Common Stock
CSCI
| $39K | ﹤0.01% |
11,504
-403
| -3% | -$1.34K |
|
12180
CALL
Televisa
TV
$1.51B
| $39K | ﹤0.01% |
+17,800
| New | +$34.9K |
|
12181
Amprius Technologies Warrants
AMPX.WS
$564M
| $38.7K | ﹤0.01% |
+74,433
| New | +$28K |
|
12182
Cumberland Pharmaceuticals
CPIX
$118M
| $38.6K | ﹤0.01% |
11,527
-17,412
| -60% | -$82.5K |
|
12183
Genius Group
GNS
$30.3M
| $38.4K | ﹤0.01% |
28,268
| – | – |
|
12184
CALL
Aemetis
AMTX
$126M
| $38.4K | ﹤0.01% |
15,500
+4,500
| +41% | +$7.61K |
|
12185
PUT
Milestone Pharmaceuticals
MIST
$133M
| $38.4K | ﹤0.01% |
19,800
-12,300
| -38% | -$16.4K |
|
|
SOND
12186
PUT
DELISTED
Sonder
SOND
| $38.3K | ﹤0.01% |
+14,200
| New | +$28.8K |
|
|
ZEPP
12187
PUT
Zepp Health
ZEPP
$78.6M
| $38.3K | ﹤0.01% |
14,400
-2,000
| -12% | -$5.12K |
|
12188
CALL
Rimini Street
RMNI
$470M
| $38.1K | ﹤0.01% |
+10,100
| New | +$33.7K |
|
|
DHY
12189
Credit Suisse High Yield Credit Fund
DHY
$240M
| $37.5K | ﹤0.01% |
17,601
-21,469
| -55% | -$43.8K |
|
12190
PUT
Laser Photonics
LASE
$68.7M
| $37.4K | ﹤0.01% |
+13,900
| New | +$36.4K |
|
12191
CALL
Voyager Therapeutics
VYGR
$198M
| $37.3K | ﹤0.01% |
+12,000
| New | +$38.7K |
|
12192
CALL
SkinHealth Systems
SKIN
$85.9M
| $37.2K | ﹤0.01% |
19,500
-41,300
| -68% | -$58.2K |
|
|
MODV
12193
CALL
DELISTED
ModivCare
MODV
| $37.1K | ﹤0.01% |
+11,900
| New | +$21.9K |
|
|
PTIX
12194
DELISTED
Performance Technologies
PTIX
| $37.1K | ﹤0.01% |
+10,156
| New | +$39K |
|
12195
Deswell Industries
DSWL
$49.6M
| $37K | ﹤0.01% |
+13,795
| New | +$32.1K |
|
|
RVPH
12196
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $36.9K | ﹤0.01% |
4,845
-6,728
| -58% | -$105K |
|
12197
Xcel Brands
XELB
$6.42M
| $36.5K | ﹤0.01% |
+20,180
| New | +$47.5K |
|
12198
CALL
3D Systems Corp
DDD
$601M
| $36.2K | ﹤0.01% |
23,500
-11,100
| -32% | -$20.1K |
|
|
ORIO
12199
Orion Digital Corp
ORIO
$21.1M
| $35.9K | ﹤0.01% |
28,529
+9,632
| +51% | +$10.9K |
|
|
ORGN
12200
PUT
DELISTED
Origin Materials
ORGN
| $35.9K | ﹤0.01% |
2,493
-1,257
| -34% | -$21.3K |
|
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.