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 | |
|---|---|---|---|---|---|---|
5901
PUT
The Ensign Group
ENSG
$10.6B
| $1.9M | ﹤0.01% |
11,000
+1,600
| +17% | +$255K |
|
|
OTLY
5902
CALL
Oatly Group
OTLY
$433M
| $1.9M | ﹤0.01% |
117,300
-135,300
| -54% | -$2.18M |
|
5903
Phibro Animal Health
PAHC
$1.39B
| $1.9M | ﹤0.01% |
46,952
+9,727
| +26% | +$321K |
|
5904
RPAR Risk Parity ETF
RPAR
$578M
| $1.9M | ﹤0.01% |
90,058
-41,535
| -32% | -$844K |
|
5905
VictoryShares International Value Momentum ETF
UIVM
$349M
| $1.9M | ﹤0.01% |
31,089
+25,129
| +422% | +$1.51M |
|
5906
PUT
iShares MSCI Chile ETF
ECH
$1.04B
| $1.9M | ﹤0.01% |
57,600
+41,200
| +251% | +$1.31M |
|
5907
CALL
Stepan Co
SCL
$1.48B
| $1.9M | ﹤0.01% |
39,800
+33,300
| +512% | +$1.73M |
|
5908
PUT
Pegasystems
PEGA
$5.2B
| $1.9M | ﹤0.01% |
33,000
-205,800
| -86% | -$11.3M |
|
5909
NMI Holdings
NMIH
$3.43B
| $1.9M | ﹤0.01% |
49,480
-76,554
| -61% | -$3M |
|
5910
CALL
Triumph Financial Inc
TFIN
$1.85B
| $1.9M | ﹤0.01% |
37,900
+26,000
| +218% | +$1.53M |
|
|
REMG
5911
Russell Investments Emerging Markets Equity ETF
REMG
$126M
| $1.9M | ﹤0.01% |
66,302
+21,092
| +47% | +$568K |
|
5912
CALL
Lithia Motors
LAD
$8.24B
| $1.9M | ﹤0.01% |
6,000
-1,500
| -20% | -$484K |
|
5913
KraneShares MSCI All China Health Care Index ETF
KURE
$107M
| $1.9M | ﹤0.01% |
+90,532
| New | +$1.78M |
|
5914
PUT
VanEck Israel ETF
ISRA
$160M
| $1.89M | ﹤0.01% |
34,700
+1,700
| +5% | +$87.9K |
|
5915
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.36B
| $1.89M | ﹤0.01% |
17,127
-27,497
| -62% | -$2.93M |
|
5916
Galectin Therapeutics
GALT
$355M
| $1.89M | ﹤0.01% |
446,578
+253,378
| +131% | +$953K |
|
5917
Direxion Daily Mid Cap Bull 3X ETF
MIDU
$81.2M
| $1.89M | ﹤0.01% |
37,304
-13,573
| -27% | -$666K |
|
5918
Fidelity Enhanced Small Cap Core ETF
FESM
$6.53B
| $1.89M | ﹤0.01% |
51,720
+14,554
| +39% | +$500K |
|
5919
Advanced Drainage Systems
WMS
$11.1B
| $1.89M | ﹤0.01% |
13,611
-19,208
| -59% | -$2.52M |
|
|
ABTC
5920
PUT
American Bitcoin Corp
ABTC
$513M
| $1.89M | ﹤0.01% |
+18,667
| New | +$1.87M |
|
|
JOYY
5921
JOYY Inc
JOYY
$3.71B
| $1.89M | ﹤0.01% |
+32,198
| New | +$1.77M |
|
5922
PUT
Gates Industrial Corp
GTES
$7.13B
| $1.89M | ﹤0.01% |
+76,000
| New | +$1.89M |
|
5923
PUT
Willdan Group
WLDN
$1.28B
| $1.89M | ﹤0.01% |
+19,500
| New | +$1.85M |
|
5924
Skyward Specialty Insurance
SKWD
$2.37B
| $1.88M | ﹤0.01% |
39,625
-53,009
| -57% | -$2.65M |
|
5925
CALL
Teleflex
TFX
$5.69B
| $1.88M | ﹤0.01% |
15,400
+11,200
| +267% | +$1.36M |
|
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.