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 | |
|---|---|---|---|---|---|---|
4651
CALL
Korn Ferry
KFY
$4.32B
| $3.58M | ﹤0.01% |
51,100
-2,300
| -4% | -$168K |
|
4652
PUT
CNX Resources
CNX
$5.28B
| $3.57M | ﹤0.01% |
111,300
+37,800
| +51% | +$1.16M |
|
4653
New Oriental
EDU
$8.36B
| $3.57M | ﹤0.01% |
67,359
+57,653
| +594% | +$2.85M |
|
4654
CALL
Piper Sandler
PIPR
$5.41B
| $3.57M | ﹤0.01% |
41,200
-12,000
| -23% | -$979K |
|
4655
Canadian Solar
CSIQ
$1.03B
| $3.57M | ﹤0.01% |
+273,678
| New | +$3.27M |
|
4656
JFrog
FROG
$11.6B
| $3.57M | ﹤0.01% |
75,388
-119,325
| -61% | -$5.39M |
|
4657
CALL
California Resources
CRC
$4.73B
| $3.56M | ﹤0.01% |
67,000
+31,600
| +89% | +$1.58M |
|
4658
Mettler-Toledo International
MTD
$28.4B
| $3.56M | ﹤0.01% |
2,902
+508
| +21% | +$637K |
|
4659
Lionsgate Studios
LION
$3.57B
| $3.56M | ﹤0.01% |
516,253
+142,414
| +38% | +$916K |
|
4660
CALL
Lincoln Electric
LECO
$15.6B
| $3.56M | ﹤0.01% |
15,100
+4,500
| +42% | +$1.05M |
|
4661
CALL
Immunocore
IMCR
$1.76B
| $3.56M | ﹤0.01% |
98,000
-400
| -0.4% | -$13.6K |
|
4662
PUT
Kodiak Gas Services
KGS
$6.6B
| $3.56M | ﹤0.01% |
96,300
+69,600
| +261% | +$2.35M |
|
|
MBX
4663
CALL
MBX Biosciences
MBX
$3.3B
| $3.56M | ﹤0.01% |
203,200
+180,600
| +799% | +$2.41M |
|
|
FYBR
4664
CALL
DELISTED
Frontier Communications
FYBR
| $3.55M | ﹤0.01% |
95,000
-17,900
| -16% | -$662K |
|
|
SOFX
4665
Defiance Daily Target 2X Long SOFI ETF
SOFX
$80M
| $3.55M | ﹤0.01% |
91,432
+24,575
| +37% | +$814K |
|
|
MESO
4666
CALL
Mesoblast
MESO
$2.02B
| $3.55M | ﹤0.01% |
220,100
+62,100
| +39% | +$908K |
|
|
VGVT
4667
Vanguard Government Securities Active ETF
VGVT
$36.4M
| $3.54M | ﹤0.01% |
+46,414
| New | +$3.52M |
|
4668
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$629M
| $3.54M | ﹤0.01% |
37,782
-31,248
| -45% | -$2.21M |
|
|
CHYM
4669
PUT
Chime Financial
CHYM
$12.1B
| $3.54M | ﹤0.01% |
175,300
+22,000
| +14% | +$625K |
|
4670
Suncor Energy
SU
$77B
| $3.53M | ﹤0.01% |
84,548
+47,635
| +129% | +$1.91M |
|
4671
PUT
Snap-on
SNA
$20.9B
| $3.53M | ﹤0.01% |
10,200
-4,800
| -32% | -$1.57M |
|
4672
CALL
Innoviz Technologies
INVZ
$107M
| $3.53M | ﹤0.01% |
1,732,600
+467,500
| +37% | +$796K |
|
4673
PUT
Jackson Financial
JXN
$9.17B
| $3.53M | ﹤0.01% |
34,900
-47,000
| -57% | -$4.39M |
|
4674
PUT
Xenon Pharmaceuticals
XENE
$6.03B
| $3.53M | ﹤0.01% |
87,900
+2,600
| +3% | +$91.6K |
|
4675
Norwegian Cruise Line
NCLH
$8.73B
| $3.53M | ﹤0.01% |
143,233
-659,403
| -82% | -$16M |
|
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.