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 | |
|---|---|---|---|---|---|---|
8326
Burlington
BURL
$21.9B
| $666K | ﹤0.01% |
2,615
-68,732
| -96% | -$18.7M |
|
|
BORR
8327
PUT
Borr Drilling
BORR
$1.37B
| $666K | ﹤0.01% |
247,400
-36,700
| -13% | -$91.3K |
|
|
NXDR
8328
CALL
Nextdoor Holdings
NXDR
$998M
| $665K | ﹤0.01% |
+318,100
| New | +$617K |
|
8329
Franklin FTSE Japan ETF
FLJP
$4.14B
| $665K | ﹤0.01% |
+19,231
| New | +$641K |
|
8330
PUT
CareDx
CDNA
$2.34B
| $664K | ﹤0.01% |
45,700
+12,600
| +38% | +$180K |
|
8331
Infosys
INFY
$49B
| $664K | ﹤0.01% |
40,822
+26,656
| +188% | +$459K |
|
8332
CALL
Fidelity MSCI Financials Index ETF
FNCL
$2.43B
| $664K | ﹤0.01% |
8,700
-800
| -8% | -$60.3K |
|
8333
PUT
Horace Mann Educators
HMN
$2.13B
| $664K | ﹤0.01% |
+14,700
| New | +$646K |
|
8334
CALL
MarineMax
HZO
$1.15B
| $664K | ﹤0.01% |
26,200
-2,000
| -7% | -$51K |
|
8335
Xeris Biopharma Holdings
XERS
$1.57B
| $663K | ﹤0.01% |
81,471
-324,731
| -80% | -$2.16M |
|
8336
Apogee Therapeutics
APGE
$10.2B
| $663K | ﹤0.01% |
16,689
-22,008
| -57% | -$840K |
|
|
SEMR
8337
DELISTED
Semrush
SEMR
| $663K | ﹤0.01% |
93,647
+37,475
| +67% | +$305K |
|
8338
Coherus Oncology
CHRS
$185M
| $662K | ﹤0.01% |
403,913
+30,433
| +8% | +$33.9K |
|
8339
Axcelis
ACLS
$4.33B
| $662K | ﹤0.01% |
6,784
-34,212
| -83% | -$2.76M |
|
|
XOVR
8340
EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF
XOVR
$1.89B
| $662K | ﹤0.01% |
31,338
+15,582
| +99% | +$311K |
|
|
ATYR
8341
CALL
aTyr Pharma
ATYR
$54.8M
| $662K | ﹤0.01% |
919,000
+655,100
| +248% | +$2.97M |
|
8342
PUT
Emergent Biosolutions
EBS
$235M
| $662K | ﹤0.01% |
75,000
+37,900
| +102% | +$295K |
|
8343
PUT
Theravance Biopharma
TBPH
$881M
| $661K | ﹤0.01% |
45,300
+33,700
| +291% | +$426K |
|
8344
Soundwatch Hedged Equity ETF
SHDG
$166M
| $661K | ﹤0.01% |
20,862
+13,598
| +187% | +$418K |
|
8345
PUT
AerSale
ASLE
$280M
| $660K | ﹤0.01% |
80,600
-6,200
| -7% | -$46.7K |
|
|
LLYX
8346
CALL
Defiance Daily Target 2x Long LLY ETF
LLYX
$44.8M
| $660K | ﹤0.01% |
+47,500
| New | +$658K |
|
8347
Fidelity MSCI Energy Index ETF
FENY
$2.09B
| $660K | ﹤0.01% |
26,684
+12,532
| +89% | +$303K |
|
8348
CALL
West Fraser Timber
WFG
$5.54B
| $659K | ﹤0.01% |
9,700
-17,300
| -64% | -$1.26M |
|
8349
CALL
Ingredion
INGR
$6.63B
| $659K | ﹤0.01% |
5,400
+1,000
| +23% | +$129K |
|
8350
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF
QARP
$78.5M
| $659K | ﹤0.01% |
+11,553
| New | +$639K |
|
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.