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 | |
|---|---|---|---|---|---|---|
5526
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$329M
| $2.25M | ﹤0.01% |
59,146
+20,536
| +53% | +$878K |
|
5527
iShares JPMorgan EM High Yield Bond ETF
EMHY
$638M
| $2.25M | ﹤0.01% |
+56,598
| New | +$2.23M |
|
5528
PUT
iShares Russell 2000 Value ETF
IWN
$14.7B
| $2.25M | ﹤0.01% |
12,700
+2,700
| +27% | +$456K |
|
5529
Vanguard Russell 3000 ETF
VTHR
$4.88B
| $2.24M | ﹤0.01% |
7,624
-67,916
| -90% | -$19.2M |
|
5530
PUT
Sinclair Inc
SBGI
$1.07B
| $2.24M | ﹤0.01% |
148,600
+22,900
| +18% | +$329K |
|
5531
PUT
MannKind Corp
MNKD
$1.24B
| $2.24M | ﹤0.01% |
417,400
+337,700
| +424% | +$1.48M |
|
5532
PUT
AdaptHealth
AHCO
$775M
| $2.24M | ﹤0.01% |
250,400
-96,800
| -28% | -$896K |
|
5533
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.89B
| $2.24M | ﹤0.01% |
51,178
-7,976
| -13% | -$336K |
|
|
ETNB
5534
CALL
DELISTED
89bio
ETNB
| $2.24M | ﹤0.01% |
+152,400
| New | +$1.55M |
|
5535
PUT
Pampa Energía
PAM
$4.23B
| $2.24M | ﹤0.01% |
37,300
+27,000
| +262% | +$1.87M |
|
5536
Genpact
G
$5.69B
| $2.24M | ﹤0.01% |
53,465
-20,356
| -28% | -$895K |
|
5537
iShares Russell 3000 ETF
IWV
$20.5B
| $2.24M | ﹤0.01% |
5,910
-4,269
| -42% | -$1.56M |
|
5538
Ashland
ASH
$3.38B
| $2.24M | ﹤0.01% |
46,731
-54,903
| -54% | -$2.89M |
|
5539
Blue Bird Corp
BLBD
$2.05B
| $2.24M | ﹤0.01% |
38,901
-21,215
| -35% | -$1.11M |
|
5540
iShares World ex U.S. Carbon Transition Readiness Aware Active ETF
LCTD
$295M
| $2.24M | ﹤0.01% |
41,997
-14,270
| -25% | -$738K |
|
5541
ActivePassive US Equity ETF
APUE
$2.52B
| $2.24M | ﹤0.01% |
54,860
+5,054
| +10% | +$198K |
|
|
BBBY
5542
PUT
Bed Bath & Beyond
BBBY
$415M
| $2.24M | ﹤0.01% |
251,130
+69,630
| +38% | +$576K |
|
5543
PUT
BBVA Argentina
BBAR
$3.13B
| $2.23M | ﹤0.01% |
268,400
-204,700
| -43% | -$2.76M |
|
5544
PUT
Enovis
ENOV
$1.5B
| $2.23M | ﹤0.01% |
73,600
+56,100
| +321% | +$1.7M |
|
5545
Huntington Ingalls Industries
HII
$12.9B
| $2.23M | ﹤0.01% |
7,753
-5,947
| -43% | -$1.58M |
|
5546
Coty
COTY
$2.51B
| $2.23M | ﹤0.01% |
552,455
+42,971
| +8% | +$197K |
|
5547
Kinetik
KNTK
$4.3B
| $2.23M | ﹤0.01% |
52,186
-104,217
| -67% | -$4.41M |
|
5548
Utz Brands
UTZ
$1.26B
| $2.23M | ﹤0.01% |
183,478
+16,690
| +10% | +$221K |
|
|
NGD
5549
PUT
DELISTED
New Gold Inc
NGD
| $2.23M | ﹤0.01% |
310,100
+42,400
| +16% | +$229K |
|
5550
Lifestance Health
LFST
$4.75B
| $2.22M | ﹤0.01% |
404,536
+208,516
| +106% | +$1.02M |
|
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.