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 | |
|---|---|---|---|---|---|---|
5576
PUT
Aurinia Pharmaceuticals
AUPH
$2.06B
| $2.19M | ﹤0.01% |
198,600
+53,000
| +36% | +$579K |
|
5577
PUT
Repay Holdings
RPAY
$329M
| $2.19M | ﹤0.01% |
+419,500
| New | +$2.24M |
|
5578
PUT
LKQ Corp
LKQ
$6.43B
| $2.19M | ﹤0.01% |
71,800
-64,000
| -47% | -$2.1M |
|
5579
CALL
Ryan Specialty Holdings
RYAN
$10.7B
| $2.19M | ﹤0.01% |
38,900
+26,300
| +209% | +$1.56M |
|
5580
Hess Midstream
HESM
$5.2B
| $2.19M | ﹤0.01% |
63,449
+49,088
| +342% | +$1.95M |
|
5581
CALL
Tucows
TCX
$126M
| $2.19M | ﹤0.01% |
118,100
-1,300
| -1% | -$25.2K |
|
5582
PUT
Ryder
R
$10.1B
| $2.19M | ﹤0.01% |
11,600
+600
| +5% | +$108K |
|
5583
Vertical Aerospace
EVTL
$142M
| $2.19M | ﹤0.01% |
+421,527
| New | +$2.34M |
|
5584
West Pharmaceutical
WST
$24.6B
| $2.19M | ﹤0.01% |
8,339
-9,324
| -53% | -$2.27M |
|
5585
CALL
Madison Square Garden
MSGE
$4.04B
| $2.19M | ﹤0.01% |
48,300
+5,300
| +12% | +$215K |
|
5586
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $2.18M | ﹤0.01% |
+19,895
| New | +$2.07M |
|
5587
iShares US Financials ETF
IYF
$4.43B
| $2.18M | ﹤0.01% |
17,230
+9,420
| +121% | +$1.17M |
|
5588
ProShares UltraPro Short Russell2000
SRTY
$65.3M
| $2.18M | ﹤0.01% |
46,303
+40,488
| +696% | +$2.31M |
|
5589
CALL
Neogen
NEOG
$2.54B
| $2.18M | ﹤0.01% |
381,300
+295,200
| +343% | +$1.58M |
|
5590
CALL
Asbury Automotive
ABG
$3.78B
| $2.18M | ﹤0.01% |
8,900
+4,000
| +82% | +$972K |
|
|
IONZ
5591
Defiance Daily Target 2x Short IONQ ETF
IONZ
$4.81M
| $2.17M | ﹤0.01% |
+70,786
| New | +$5.67M |
|
5592
State Street SPDR S&P Transportation ETF
XTN
$395M
| $2.17M | ﹤0.01% |
25,933
+19,556
| +307% | +$1.66M |
|
5593
Lantheus
LNTH
$6.59B
| $2.17M | ﹤0.01% |
42,364
-54,296
| -56% | -$3.39M |
|
5594
First Merchants
FRME
$2.74B
| $2.17M | ﹤0.01% |
57,600
-97,783
| -63% | -$3.9M |
|
5595
CALL
Navient
NAVI
$860M
| $2.17M | ﹤0.01% |
165,100
+127,700
| +341% | +$1.73M |
|
5596
PUT
Celldex Therapeutics
CLDX
$3.29B
| $2.17M | ﹤0.01% |
83,900
-13,900
| -14% | -$322K |
|
|
ODP
5597
DELISTED
ODP
ODP
| $2.17M | ﹤0.01% |
77,916
-90,638
| -54% | -$1.86M |
|
5598
Mineralys Therapeutics
MLYS
$2.27B
| $2.17M | ﹤0.01% |
57,223
+1,137
| +2% | +$24.6K |
|
5599
Hycroft Mining Holding Corp
HYMC
$2.52B
| $2.17M | ﹤0.01% |
349,915
+82,318
| +31% | +$366K |
|
5600
PUT
Kymera Therapeutics
KYMR
$9.76B
| $2.17M | ﹤0.01% |
38,300
+23,400
| +157% | +$1.06M |
|
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.