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 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3051
United States Oil Fund
USO
$1.79B
| $9.91M | ﹤0.01% |
134,366
-95,238
| -41% | -$7.15M |
|
3052
Vanguard Morningstar Small-Cap ETF
VB
$83.6B
| $9.9M | ﹤0.01% |
38,951
-20,601
| -35% | -$5.11M |
|
3053
Darling Ingredients
DAR
$10.6B
| $9.9M | ﹤0.01% |
320,568
-30,019
| -9% | -$1M |
|
|
IMSR
3054
Terrestrial Energy
IMSR
$624M
| $9.88M | ﹤0.01% |
601,931
+586,785
| +3,874% | +$6.98M |
|
3055
PUT
Clear Secure
YOU
$4.68B
| $9.87M | ﹤0.01% |
295,800
+188,200
| +175% | +$6.24M |
|
|
HNGE
3056
Hinge Health
HNGE
$7.14B
| $9.86M | ﹤0.01% |
200,901
+142,822
| +246% | +$7.47M |
|
3057
Royalty Pharma
RPRX
$26.1B
| $9.86M | ﹤0.01% |
279,421
-159,971
| -36% | -$5.79M |
|
3058
BioMarin Pharmaceuticals
BMRN
$13B
| $9.86M | ﹤0.01% |
181,994
+166,116
| +1,046% | +$9.5M |
|
3059
PUT
Coeur Mining
CDE
$19.3B
| $9.85M | ﹤0.01% |
525,300
+399,500
| +318% | +$4.89M |
|
3060
PUT
Bank OZK
OZK
$5.72B
| $9.85M | ﹤0.01% |
193,300
+9,900
| +5% | +$506K |
|
|
ARR
3061
CALL
Armour Residential REIT
ARR
$2.37B
| $9.85M | ﹤0.01% |
659,500
+256,600
| +64% | +$4.03M |
|
3062
PUT
EPR Properties
EPR
$4.69B
| $9.85M | ﹤0.01% |
169,800
-10,200
| -6% | -$573K |
|
3063
PUT
GraniteShares 2x Long AMD Daily ETF
AMDL
$1.14B
| $9.85M | ﹤0.01% |
953,500
+530,500
| +125% | +$5.65M |
|
3064
Arcturus Therapeutics
ARCT
$234M
| $9.84M | ﹤0.01% |
533,985
+411,372
| +336% | +$6.61M |
|
3065
iShares Expanded Tech-Software Sector ETF
IGV
$14.9B
| $9.83M | ﹤0.01% |
85,475
-34,955
| -29% | -$3.87M |
|
3066
CALL
Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
$441M
| $9.79M | ﹤0.01% |
142,400
-44,400
| -24% | -$2.58M |
|
3067
PUT
Noble Corp
NE
$7.2B
| $9.79M | ﹤0.01% |
346,100
+8,400
| +2% | +$238K |
|
3068
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $9.79M | ﹤0.01% |
163,317
+143,766
| +735% | +$8.38M |
|
3069
CALL
Jack Henry & Associates
JKHY
$10.9B
| $9.78M | ﹤0.01% |
65,700
+33,100
| +102% | +$5.5M |
|
3070
PUT
Viatris
VTRS
$18.6B
| $9.78M | ﹤0.01% |
988,200
-413,000
| -29% | -$4.02M |
|
3071
CALL
ProShares UltraPro Short S&P 500
SPXU
$380M
| $9.78M | ﹤0.01% |
181,000
-13,500
| -7% | -$825K |
|
3072
PUT
Icahn Enterprises
IEP
$5.27B
| $9.77M | ﹤0.01% |
1,160,800
-858,300
| -43% | -$7.51M |
|
3073
PUT
Genuine Parts
GPC
$18.6B
| $9.77M | ﹤0.01% |
70,500
-21,900
| -24% | -$2.94M |
|
3074
CALL
Omega Healthcare
OHI
$14.1B
| $9.77M | ﹤0.01% |
231,400
-21,300
| -8% | -$859K |
|
3075
CALL
Atour Lifestyle Holdings
ATAT
$4.65B
| $9.77M | ﹤0.01% |
259,800
+177,600
| +216% | +$6.49M |
|
Similar funds
Susquehanna International Group's Q3 2025 Portfolio in Review
As of Q3 2025, Susquehanna International Group held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% 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 $1.14B trimmed.
- Susquehanna International Group's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Susquehanna International Group added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Susquehanna International Group's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Susquehanna International Group fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Susquehanna International Group's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Susquehanna International Group opened 1,794 new positions and closed 2,105 in Q3 2025.
- Susquehanna International Group's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.