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 | |
|---|---|---|---|---|---|---|
|
NTRL
8051
First Trust Equity Market Neutral ETF
NTRL
$16M
| $745K | ﹤0.01% |
36,685
+710
| +2% | +$14.7K |
|
|
SRDX
8052
DELISTED
Surmodics
SRDX
| $745K | ﹤0.01% |
24,908
-84,117
| -77% | -$2.81M |
|
8053
CALL
IPG Photonics
IPGP
$3.65B
| $744K | ﹤0.01% |
9,400
-5,900
| -39% | -$461K |
|
8054
PUT
FTAI Infrastructure
FIP
$533M
| $744K | ﹤0.01% |
170,600
-267,100
| -61% | -$1.45M |
|
8055
CALL
Black Stone Minerals
BSM
$3.05B
| $744K | ﹤0.01% |
56,600
+33,100
| +141% | +$417K |
|
8056
Simplify Hedged Equity ETF
HEQT
$305M
| $744K | ﹤0.01% |
23,807
-73,827
| -76% | -$2.26M |
|
8057
Mitsubishi UFJ Financial
MUFG
$260B
| $743K | ﹤0.01% |
46,618
+27,980
| +150% | +$414K |
|
8058
CALL
SoundThinking
SSTI
$81.6M
| $743K | ﹤0.01% |
61,600
+8,200
| +15% | +$102K |
|
|
OS
8059
PUT
DELISTED
OneStream Inc
OS
| $743K | ﹤0.01% |
40,300
+15,500
| +63% | +$340K |
|
|
ZH
8060
Zhihu
ZH
$272M
| $743K | ﹤0.01% |
146,463
-102,209
| -41% | -$484K |
|
8061
PUT
Constellium
CSTM
$4.01B
| $743K | ﹤0.01% |
49,900
+20,400
| +69% | +$292K |
|
|
KHPI
8062
Kensington Hedged Premium Income ETF
KHPI
$427M
| $742K | ﹤0.01% |
29,077
-28,132
| -49% | -$719K |
|
8063
Taylor Devices
TAYD
$178M
| $742K | ﹤0.01% |
+15,131
| New | +$702K |
|
8064
PUT
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $742K | ﹤0.01% |
14,400
-66,400
| -82% | -$3.44M |
|
8065
Louisiana-Pacific
LPX
$5.17B
| $742K | ﹤0.01% |
8,352
+4,979
| +148% | +$460K |
|
8066
Watsco Inc
WSO
$12.9B
| $741K | ﹤0.01% |
1,834
+477
| +35% | +$204K |
|
8067
CALL
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $741K | ﹤0.01% |
+38,500
| New | +$673K |
|
8068
Prairie Operating Co
PROP
$97.7M
| $740K | ﹤0.01% |
372,991
+291,261
| +356% | +$829K |
|
8069
Edgewise Therapeutics
EWTX
$4.8B
| $740K | ﹤0.01% |
45,635
-69,635
| -60% | -$988K |
|
|
STEX
8070
Streamex Corp
STEX
$108M
| $740K | ﹤0.01% |
128,469
+19,407
| +18% | +$106K |
|
|
GIAX
8071
Nicholas Global Equity and Income ETF
GIAX
$112M
| $740K | ﹤0.01% |
42,356
+26,714
| +171% | +$473K |
|
|
QVCGA
8072
DELISTED
QVC Group Inc Series A
QVCGA
| $740K | ﹤0.01% |
54,849
+31,657
| +136% | +$206K |
|
8073
PUT
Deluxe
DLX
$1.1B
| $740K | ﹤0.01% |
38,200
-5,800
| -13% | -$106K |
|
8074
CALL
Global X Cybersecurity ETF
BUG
$1.51B
| $739K | ﹤0.01% |
21,000
-19,000
| -48% | -$658K |
|
8075
First Trust Emerging Markets AlphaDEX Fund
FEM
$790M
| $739K | ﹤0.01% |
27,268
+2,281
| +9% | +$59.2K |
|
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.