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 | |
|---|---|---|---|---|---|---|
|
BTC
4301
PUT
Grayscale Bitcoin Mini Trust ETF
BTC
$3.33B
| $4.37M | ﹤0.01% |
86,300
+20,200
| +31% | +$1.02M |
|
4302
CALL
Amkor Technology
AMKR
$14.7B
| $4.37M | ﹤0.01% |
153,800
-70,400
| -31% | -$1.69M |
|
4303
Atlanta Braves Holdings Series B
BATRK
$3.44B
| $4.37M | ﹤0.01% |
104,990
-49,053
| -32% | -$2.17M |
|
|
CWAN
4304
PUT
DELISTED
Clearwater Analytics
CWAN
| $4.36M | ﹤0.01% |
242,200
+211,800
| +697% | +$4.29M |
|
4305
loanDepot
LDI
$303M
| $4.36M | ﹤0.01% |
1,419,770
+998,258
| +237% | +$2.31M |
|
4306
CALL
Moelis & Co
MC
$5.07B
| $4.36M | ﹤0.01% |
61,100
+34,700
| +131% | +$2.48M |
|
4307
CALL
Nabors Industries
NBR
$1.39B
| $4.36M | ﹤0.01% |
106,600
-276,000
| -72% | -$9.83M |
|
4308
CALL
Murphy USA
MUSA
$10.5B
| $4.35M | ﹤0.01% |
11,200
+1,400
| +14% | +$554K |
|
4309
McEwen Inc
MUX
$1.15B
| $4.35M | ﹤0.01% |
254,127
+82,042
| +48% | +$982K |
|
4310
CALL
Reinsurance Group of America
RGA
$16.3B
| $4.34M | ﹤0.01% |
22,600
-9,200
| -29% | -$1.76M |
|
4311
Sprott Junior Uranium Miners ETF
URNJ
$360M
| $4.34M | ﹤0.01% |
+148,896
| New | +$3.45M |
|
4312
Upexi
UPXI
$54.9M
| $4.34M | ﹤0.01% |
751,479
+637,356
| +558% | +$3.88M |
|
4313
Adient
ADNT
$1.57B
| $4.33M | ﹤0.01% |
179,910
+29,346
| +19% | +$686K |
|
4314
PUT
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $4.33M | ﹤0.01% |
72,300
+3,800
| +6% | +$221K |
|
4315
PUT
Cogent Communications
CCOI
$579M
| $4.33M | ﹤0.01% |
112,900
+83,800
| +288% | +$3.5M |
|
4316
PUT
Innovative Industrial Properties
IIPR
$1.62B
| $4.33M | ﹤0.01% |
80,800
-3,700
| -4% | -$201K |
|
4317
PUT
Bakkt Inc
BKKT
$345M
| $4.33M | ﹤0.01% |
128,600
+113,200
| +735% | +$1.56M |
|
4318
CALL
iShares MSCI ACWI ETF
ACWI
$33.6B
| $4.33M | ﹤0.01% |
31,300
+2,600
| +9% | +$345K |
|
4319
Zions Bancorporation
ZION
$10.5B
| $4.33M | ﹤0.01% |
76,460
-44,194
| -37% | -$2.46M |
|
4320
PUT
Praxis Precision Medicines
PRAX
$10.2B
| $4.32M | ﹤0.01% |
81,600
-21,200
| -21% | -$1.03M |
|
|
PSKY
4321
Paramount Skydance Corp
PSKY
$11.4B
| $4.32M | ﹤0.01% |
+228,543
| New | +$3.61M |
|
4322
CALL
Hess Midstream
HESM
$5.2B
| $4.32M | ﹤0.01% |
125,100
+5,400
| +5% | +$214K |
|
4323
PUT
Sun Communities
SUI
$15B
| $4.32M | ﹤0.01% |
33,500
-15,700
| -32% | -$1.98M |
|
4324
CALL
Quaker Houghton
KWR
$2.94B
| $4.32M | ﹤0.01% |
32,800
-1,300
| -4% | -$171K |
|
4325
CALL
Children's Place
PLCE
$54.3M
| $4.32M | ﹤0.01% |
695,600
+98,500
| +16% | +$535K |
|
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.