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 | |
|---|---|---|---|---|---|---|
5226
CALL
Zymeworks
ZYME
$1.78B
| $2.63M | ﹤0.01% |
154,200
+86,100
| +126% | +$1.23M |
|
5227
Cal-Maine
CALM
$3.8B
| $2.63M | ﹤0.01% |
27,977
-52,536
| -65% | -$5.61M |
|
5228
CALL
Timken Company
TKR
$9.25B
| $2.63M | ﹤0.01% |
35,000
+24,100
| +221% | +$1.86M |
|
5229
First Busey Corp
BUSE
$2.58B
| $2.63M | ﹤0.01% |
113,568
-58,054
| -34% | -$1.38M |
|
|
DEFT
5230
Defi Technologies
DEFT
$190M
| $2.63M | ﹤0.01% |
+1,244,830
| New | +$3.22M |
|
5231
PUT
First Interstate BancSystem
FIBK
$3.73B
| $2.63M | ﹤0.01% |
82,400
+2,700
| +3% | +$84K |
|
5232
CACI
CACI
$14.8B
| $2.62M | ﹤0.01% |
5,261
-2
| -0% | -$967 |
|
5233
PUT
ARS Pharmaceuticals
SPRY
$562M
| $2.62M | ﹤0.01% |
260,300
+201,200
| +340% | +$2.89M |
|
5234
CALL
Global Ship Lease
GSL
$1.52B
| $2.62M | ﹤0.01% |
85,200
-131,000
| -61% | -$3.9M |
|
5235
TriMas Corp
TRS
$1.4B
| $2.62M | ﹤0.01% |
67,690
-13,151
| -16% | -$467K |
|
5236
A2Z Smart Technologies
AZ
$326M
| $2.62M | ﹤0.01% |
327,336
+19,046
| +6% | +$181K |
|
5237
PUT
Xperi
XPER
$329M
| $2.62M | ﹤0.01% |
403,600
-149,500
| -27% | -$986K |
|
|
JKS
5238
CALL
JinkoSolar
JKS
$877M
| $2.61M | ﹤0.01% |
108,700
-13,000
| -11% | -$307K |
|
5239
CALL
Avery Dennison
AVY
$13.6B
| $2.61M | ﹤0.01% |
16,100
+13,800
| +600% | +$2.38M |
|
5240
PUT
Upwork
UPWK
$1.06B
| $2.61M | ﹤0.01% |
140,500
+62,600
| +80% | +$932K |
|
5241
Pathward Financial
CASH
$1.8B
| $2.61M | ﹤0.01% |
35,251
-12,736
| -27% | -$992K |
|
5242
JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
$1.27B
| $2.61M | ﹤0.01% |
+27,319
| New | +$2.55M |
|
|
CIL
5243
DELISTED
VictoryShares International Volatility Wtd ETF
CIL
| $2.61M | ﹤0.01% |
50,539
+20,865
| +70% | +$1.06M |
|
5244
CALL
CryoPort
CYRX
$772M
| $2.61M | ﹤0.01% |
274,900
+227,000
| +474% | +$1.91M |
|
5245
CALL
Valley National Bancorp
VLY
$8.29B
| $2.61M | ﹤0.01% |
245,800
+144,300
| +142% | +$1.44M |
|
5246
DT Midstream
DTM
$14B
| $2.61M | ﹤0.01% |
23,041
-12,996
| -36% | -$1.36M |
|
5247
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.21B
| $2.6M | ﹤0.01% |
53,703
-87,810
| -62% | -$4.21M |
|
|
IGTR
5248
DELISTED
Innovator Gradient Tactical Rotation Strategy ETF
IGTR
| $2.6M | ﹤0.01% |
98,484
+39,972
| +68% | +$1M |
|
5249
POET Technologies
POET
$1.65B
| $2.6M | ﹤0.01% |
+469,163
| New | +$2.65M |
|
5250
CALL
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14.1B
| $2.6M | ﹤0.01% |
32,200
+12,600
| +64% | +$979K |
|
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.