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 | |
|---|---|---|---|---|---|---|
4801
CALL
Kodak
KODK
$979M
| $3.29M | ﹤0.01% |
513,000
-359,300
| -41% | -$2.26M |
|
|
CIM
4802
CALL
Chimera Investment
CIM
$988M
| $3.28M | ﹤0.01% |
248,100
-9,400
| -4% | -$131K |
|
4803
iShares Core Universal USD Bond ETF
IUSB
$43.2B
| $3.28M | ﹤0.01% |
70,203
+61,036
| +666% | +$2.82M |
|
4804
CALL
Innovative Industrial Properties
IIPR
$1.62B
| $3.28M | ﹤0.01% |
61,200
+38,900
| +174% | +$2.12M |
|
4805
CALL
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $3.28M | ﹤0.01% |
39,500
+31,300
| +382% | +$2.59M |
|
4806
InvenTrust Properties
IVT
$2.62B
| $3.28M | ﹤0.01% |
114,492
-56,164
| -33% | -$1.59M |
|
4807
Vanguard Information Technology ETF
VGT
$150B
| $3.27M | ﹤0.01% |
+35,088
| New | +$3.07M |
|
4808
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $3.27M | ﹤0.01% |
34,400
-144,300
| -81% | -$13.5M |
|
4809
CALL
VanEck High Yield Muni ETF
HYD
$4.4B
| $3.27M | ﹤0.01% |
64,300
-29,800
| -32% | -$1.48M |
|
4810
PUT
Landstar System
LSTR
$6.45B
| $3.27M | ﹤0.01% |
26,700
+16,200
| +154% | +$2.15M |
|
4811
Minerals Technologies
MTX
$2.27B
| $3.27M | ﹤0.01% |
52,665
+8,345
| +19% | +$509K |
|
4812
DoubleVerify
DV
$2.04B
| $3.26M | ﹤0.01% |
272,536
+239,614
| +728% | +$3.55M |
|
4813
CALL
Defiance Quantum ETF
QTUM
$5.84B
| $3.26M | ﹤0.01% |
31,100
+400
| +1% | +$38.3K |
|
4814
Vermilion Energy
VET
$1.73B
| $3.26M | ﹤0.01% |
416,697
+56,408
| +16% | +$436K |
|
4815
Rapid7
RPD
$876M
| $3.26M | ﹤0.01% |
173,777
-148,078
| -46% | -$3.13M |
|
|
PINC
4816
CALL
DELISTED
Premier
PINC
| $3.26M | ﹤0.01% |
+117,200
| New | +$2.83M |
|
4817
CALL
Honda
HMC
$41B
| $3.25M | ﹤0.01% |
105,600
-122,800
| -54% | -$4.01M |
|
4818
CALL
SLM Corp
SLM
$5.27B
| $3.25M | ﹤0.01% |
117,400
-472,100
| -80% | -$14.7M |
|
4819
PUT
Delek US
DK
$4.01B
| $3.25M | ﹤0.01% |
100,700
+68,500
| +213% | +$1.79M |
|
|
CGCV
4820
Capital Group Conservative Equity ETF
CGCV
$2.02B
| $3.25M | ﹤0.01% |
107,847
+39,497
| +58% | +$1.16M |
|
|
SII
4821
PUT
Sprott
SII
$3B
| $3.24M | ﹤0.01% |
39,000
-40,200
| -51% | -$2.8M |
|
4822
iShares Core S&P Small-Cap ETF
IJR
$114B
| $3.24M | ﹤0.01% |
27,288
-39,416
| -59% | -$4.53M |
|
|
PEW
4823
GrabAGun Digital Holdings
PEW
$75.3M
| $3.24M | ﹤0.01% |
+695,689
| New | +$4.36M |
|
4824
Revvity
RVTY
$13B
| $3.24M | ﹤0.01% |
36,973
+20,140
| +120% | +$1.83M |
|
4825
CALL
Equitable Holdings
EQH
$14.5B
| $3.24M | ﹤0.01% |
63,800
-48,300
| -43% | -$2.56M |
|
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.