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 | |
|---|---|---|---|---|---|---|
3776
Axsome Therapeutics
AXSM
$11.2B
| $6.1M | ﹤0.01% |
50,246
-55,775
| -53% | -$6.28M |
|
3777
Tidewater
TDW
$4.69B
| $6.09M | ﹤0.01% |
114,234
-52,541
| -32% | -$2.88M |
|
3778
CALL
Digital Turbine
APPS
$1.51B
| $6.09M | ﹤0.01% |
951,800
-17,500
| -2% | -$86.9K |
|
3779
CALL
Seres Therapeutics
MCRB
$45.6M
| $6.09M | ﹤0.01% |
316,300
+233,100
| +280% | +$3.72M |
|
3780
Aquestive Therapeutics
AQST
$533M
| $6.09M | ﹤0.01% |
1,088,644
+621,883
| +133% | +$2.69M |
|
3781
PUT
CoinShares Bitcoin and Ether ETF
BTF
$13.6M
| $6.08M | ﹤0.01% |
+70,060
| New | +$5.9M |
|
3782
DTE Energy
DTE
$29.3B
| $6.08M | ﹤0.01% |
43,020
+8,504
| +25% | +$1.16M |
|
3783
CALL
Kinsale Capital Group
KNSL
$8.64B
| $6.08M | ﹤0.01% |
14,300
-6,000
| -30% | -$2.72M |
|
3784
PUT
Polaris
PII
$3.95B
| $6.08M | ﹤0.01% |
104,600
-177,700
| -63% | -$9.58M |
|
3785
CALL
Progress Software
PRGS
$1.79B
| $6.08M | ﹤0.01% |
138,400
+123,100
| +805% | +$5.67M |
|
|
AIRO
3786
PUT
AIRO Group Holdings
AIRO
$302M
| $6.07M | ﹤0.01% |
+316,300
| New | +$6.93M |
|
3787
CALL
OppFi
OPFI
$610M
| $6.07M | ﹤0.01% |
535,800
-212,700
| -28% | -$2.39M |
|
3788
PUT
Elbit Systems
ESLT
$36.7B
| $6.07M | ﹤0.01% |
11,900
-17,400
| -59% | -$8.15M |
|
3789
Gartner
IT
$11.4B
| $6.07M | ﹤0.01% |
23,073
+3,478
| +18% | +$1.01M |
|
3790
CALL
Nexstar Media Group
NXST
$5.84B
| $6.05M | ﹤0.01% |
30,600
-4,900
| -14% | -$958K |
|
3791
CALL
State Street SPDR S&P Insurance ETF
KIE
$684M
| $6.05M | ﹤0.01% |
102,000
+58,700
| +136% | +$3.41M |
|
|
3792
Polaris
PII
$3.95B
| $6.05M | ﹤0.01% |
104,009
-104,831
| -50% | -$5.65M |
|
3793
Weibo
WB
$1.88B
| $6.04M | ﹤0.01% |
487,393
-198,883
| -29% | -$2.18M |
|
3794
CALL
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $6.04M | ﹤0.01% |
20,300
-6,600
| -25% | -$1.91M |
|
3795
CALL
Bruker
BRKR
$8.79B
| $6.04M | ﹤0.01% |
185,800
+167,100
| +894% | +$5.96M |
|
3796
Liberty Broadband Class A
LBRDA
$5.21B
| $6.01M | ﹤0.01% |
94,948
-221
| -0.2% | -$15.4K |
|
3797
PUT
Immersion
IMMR
$249M
| $6M | ﹤0.01% |
817,800
-431,000
| -35% | -$3.13M |
|
3798
PUT
Similarweb
SMWB
$779M
| $6M | ﹤0.01% |
645,100
+415,900
| +181% | +$3.72M |
|
|
SEPN
3799
PUT
Septerna Inc
SEPN
$2.08B
| $6M | ﹤0.01% |
318,800
-209,300
| -40% | -$2.75M |
|
3800
KB Home
KBH
$3.44B
| $5.99M | ﹤0.01% |
94,158
-21,557
| -19% | -$1.3M |
|
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.