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 | |
|---|---|---|---|---|---|---|
5726
First Trust Dow Jones Select MicroCap Index Fund
FDM
$278M
| $2.07M | ﹤0.01% |
27,315
+1,624
| +6% | +$120K |
|
5727
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.5B
| $2.07M | ﹤0.01% |
89,619
+7,402
| +9% | +$169K |
|
5728
Invesco CurrencyShares Canadian Dollar Trust
FXC
$70.5M
| $2.07M | ﹤0.01% |
+29,435
| New | +$2.09M |
|
|
PLG
5729
Platinum Group Metals
PLG
$191M
| $2.07M | ﹤0.01% |
780,281
+680,500
| +682% | +$1.16M |
|
5730
CALL
Open Text
OTEX
$5.86B
| $2.07M | ﹤0.01% |
55,300
-188,100
| -77% | -$6.03M |
|
5731
Veeco
VECO
$3.21B
| $2.07M | ﹤0.01% |
67,921
-5,100
| -7% | -$122K |
|
5732
CALL
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.77B
| $2.07M | ﹤0.01% |
40,100
-13,700
| -25% | -$691K |
|
5733
iShares Russell 2000 Value ETF
IWN
$14.7B
| $2.07M | ﹤0.01% |
11,688
-106,338
| -90% | -$18M |
|
5734
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.09B
| $2.07M | ﹤0.01% |
51,426
-250,505
| -83% | -$9.59M |
|
5735
Axos Financial
AX
$5.8B
| $2.07M | ﹤0.01% |
24,399
-74,226
| -75% | -$6.47M |
|
5736
ProShares Ultra Dow30
DDM
$580M
| $2.06M | ﹤0.01% |
38,478
+21,166
| +122% | +$1.08M |
|
5737
Park Hotels & Resorts
PK
$2.99B
| $2.06M | ﹤0.01% |
186,146
-53,058
| -22% | -$597K |
|
5738
PUT
iShares MSCI USA Quality Factor ETF
QUAL
$48.1B
| $2.06M | ﹤0.01% |
10,600
-1,400
| -12% | -$263K |
|
5739
CALL
Velocity Financial
VEL
$711M
| $2.06M | ﹤0.01% |
113,600
-3,400
| -3% | -$62.1K |
|
5740
PUT
AXIS Capital
AXS
$7.38B
| $2.06M | ﹤0.01% |
21,500
-6,400
| -23% | -$620K |
|
5741
Vanguard Financials ETF
VFH
$14B
| $2.06M | ﹤0.01% |
15,685
-30,374
| -66% | -$3.93M |
|
5742
PUT
1st Source
SRCE
$2.13B
| $2.06M | ﹤0.01% |
33,400
+8,400
| +34% | +$527K |
|
5743
Progress Software
PRGS
$1.77B
| $2.05M | ﹤0.01% |
46,774
-24,975
| -35% | -$1.15M |
|
5744
Clearway Energy Class C
CWEN
$7.01B
| $2.05M | ﹤0.01% |
72,729
+29,774
| +69% | +$902K |
|
5745
CALL
Energy Vault
NRGV
$669M
| $2.05M | ﹤0.01% |
690,800
+673,700
| +3,940% | +$1.11M |
|
5746
CALL
Natural Gas Services Group
NGS
$497M
| $2.05M | ﹤0.01% |
73,300
-18,800
| -20% | -$482K |
|
5747
CALL
ENI
E
$79.6B
| $2.05M | ﹤0.01% |
58,700
+51,000
| +662% | +$1.76M |
|
5748
CALL
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$773M
| $2.05M | ﹤0.01% |
38,500
-70,700
| -65% | -$3.69M |
|
5749
Trex
TREX
$4.98B
| $2.05M | ﹤0.01% |
39,683
-9,544
| -19% | -$581K |
|
5750
EnerSys
ENS
$7.39B
| $2.05M | ﹤0.01% |
18,133
-40,530
| -69% | -$3.99M |
|
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.