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 | |
|---|---|---|---|---|---|---|
7101
PUT
iShares MSCI South Africa ETF
EZA
$569M
| $1.11M | ﹤0.01% |
17,300
-25,000
| -59% | -$1.43M |
|
7102
PUT
Global X Cybersecurity ETF
BUG
$1.5B
| $1.11M | ﹤0.01% |
31,500
-1,900
| -6% | -$65.8K |
|
|
TXNM
7103
PUT
TXNM Energy Inc
TXNM
$5.92B
| $1.11M | ﹤0.01% |
19,600
-22,400
| -53% | -$1.27M |
|
7104
PUT
Liberty Broadband Class A
LBRDA
$4.93B
| $1.11M | ﹤0.01% |
17,500
-4,800
| -22% | -$334K |
|
7105
Innovator US Equity Accelerated 9 Buffer ETF April
XBAP
$131M
| $1.11M | ﹤0.01% |
29,270
+18,419
| +170% | +$688K |
|
7106
iShares MSCI United Kingdom ETF
EWU
$3.92B
| $1.11M | ﹤0.01% |
+26,362
| New | +$1.08M |
|
7107
PUT
Ambev
ABEV
$42.9B
| $1.11M | ﹤0.01% |
495,700
-1,699,800
| -77% | -$3.89M |
|
7108
CALL
Corvus Pharmaceuticals
CRVS
$1.27B
| $1.1M | ﹤0.01% |
149,900
+107,300
| +252% | +$549K |
|
7109
PUT
US Physical Therapy
USPH
$1.19B
| $1.1M | ﹤0.01% |
+13,000
| New | +$1.04M |
|
|
DEFT
7110
PUT
Defi Technologies
DEFT
$181M
| $1.1M | ﹤0.01% |
+523,300
| New | +$1.35M |
|
7111
ZTO Express
ZTO
$17.4B
| $1.1M | ﹤0.01% |
+57,445
| New | +$1.1M |
|
7112
PUT
iShares Core Dividend Growth ETF
DGRO
$43.7B
| $1.1M | ﹤0.01% |
16,200
-5,400
| -25% | -$357K |
|
7113
Matthews China Active ETF
MCH
$22.6M
| $1.1M | ﹤0.01% |
36,411
-6,409
| -15% | -$174K |
|
7114
Innovator US Equity Ultra Buffer ETF January
UJAN
$256M
| $1.1M | ﹤0.01% |
26,166
+7,607
| +41% | +$314K |
|
|
ACB
7115
Aurora Cannabis
ACB
$237M
| $1.1M | ﹤0.01% |
+184,939
| New | +$903K |
|
7116
BlackRock Large Cap Value ETF
BLCV
$346M
| $1.1M | ﹤0.01% |
30,724
+23,639
| +334% | +$834K |
|
7117
ProShares Investment Grade-Interest Rate Hedged
IGHG
$335M
| $1.1M | ﹤0.01% |
13,947
-28,331
| -67% | -$2.23M |
|
7118
Arlo Technologies
ARLO
$1.5B
| $1.1M | ﹤0.01% |
65,000
-55,668
| -46% | -$946K |
|
7119
CALL
Allot
ALLT
$377M
| $1.1M | ﹤0.01% |
104,100
+68,900
| +196% | +$585K |
|
|
SUPV
7120
Grupo Supervielle
SUPV
$705M
| $1.1M | ﹤0.01% |
222,498
+174,070
| +359% | +$1.52M |
|
7121
CALL
Kulicke & Soffa
KLIC
$5.34B
| $1.1M | ﹤0.01% |
27,100
-3,300
| -11% | -$122K |
|
7122
PUT
Vanguard Total Bond Market
BND
$161B
| $1.1M | ﹤0.01% |
14,800
+1,500
| +11% | +$110K |
|
7123
Penske Automotive Group
PAG
$14.4B
| $1.1M | ﹤0.01% |
6,325
+4,274
| +208% | +$762K |
|
7124
Alignment Healthcare
ALHC
$2.79B
| $1.1M | ﹤0.01% |
63,033
-150,683
| -71% | -$2.23M |
|
7125
Olema Pharmaceuticals
OLMA
$943M
| $1.1M | ﹤0.01% |
112,277
+19,182
| +21% | +$115K |
|
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.