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 | |
|---|---|---|---|---|---|---|
11126
Royce Value Trust
RVT
$2.32B
| $175K | ﹤0.01% |
10,858
-7,074
| -39% | -$111K |
|
|
ACRE
11127
PUT
Ares Commercial Real Estate
ACRE
$262M
| $175K | ﹤0.01% |
38,800
-32,100
| -45% | -$149K |
|
11128
CALL
GH Research
GHRS
$2.02B
| $174K | ﹤0.01% |
+12,200
| New | +$171K |
|
|
ARI
11129
CALL
Apollo Commercial Real Estate
ARI
$876M
| $174K | ﹤0.01% |
17,200
-13,200
| -43% | -$135K |
|
11130
PUT
Intellicheck
IDN
$56.9M
| $174K | ﹤0.01% |
33,500
-12,400
| -27% | -$65.3K |
|
11131
PUT
Ring Energy
REI
$357M
| $174K | ﹤0.01% |
159,800
+147,200
| +1,168% | +$133K |
|
11132
PUT
ProShares VIX Mid-Term Futures ETF
VIXM
$94.3M
| $174K | ﹤0.01% |
11,000
-3,700
| -25% | -$60.9K |
|
11133
BioAtla
BCAB
$5.13M
| $174K | ﹤0.01% |
5,052
+3,556
| +238% | +$82.1K |
|
|
CLDT
11134
Chatham Lodging
CLDT
$605M
| $174K | ﹤0.01% |
25,891
-52,834
| -67% | -$378K |
|
11135
PUT
Playboy Inc
PLBY
$151M
| $174K | ﹤0.01% |
118,100
-88,700
| -43% | -$152K |
|
11136
Perma-Fix Environmental Services
PESI
$368M
| $173K | ﹤0.01% |
17,118
-50,123
| -75% | -$554K |
|
11137
PUT
Avalo Therapeutics
AVTX
$1.05B
| $173K | ﹤0.01% |
+13,600
| New | +$117K |
|
|
QIPT
11138
PUT
DELISTED
Quipt Home Medical
QIPT
| $173K | ﹤0.01% |
+66,100
| New | +$153K |
|
11139
OneSpan
OSPN
$602M
| $172K | ﹤0.01% |
10,836
-40,255
| -79% | -$612K |
|
11140
CALL
Adaptive Biotechnologies
ADPT
$3.94B
| $172K | ﹤0.01% |
11,500
-31,500
| -73% | -$384K |
|
11141
SLR Investment Corp
SLRC
$703M
| $172K | ﹤0.01% |
11,251
-3,701
| -25% | -$60.2K |
|
|
SAFE
11142
CALL
Safehold
SAFE
$1.08B
| $172K | ﹤0.01% |
11,100
-28,600
| -72% | -$442K |
|
|
PVBC
11143
PUT
DELISTED
Provident Bancorp
PVBC
| $172K | ﹤0.01% |
+13,700
| New | +$173K |
|
|
NESR
11144
National Energy Services Reunited Corp
NESR
$3.66B
| $172K | ﹤0.01% |
16,725
-72,619
| -81% | -$581K |
|
11145
PUT
MidCap Financial Investment
MFIC
$803M
| $171K | ﹤0.01% |
14,300
+3,800
| +36% | +$48.5K |
|
11146
PUT
T-Rex 2X Inverse Tesla Daily Target ETF
TSLZ
$28M
| $171K | ﹤0.01% |
11,880
+10,145
| +585% | +$271K |
|
|
TTAM
11147
Titan America SA
TTAM
$2.96B
| $171K | ﹤0.01% |
11,450
-18,094
| -61% | -$267K |
|
11148
YieldMax AMZN Option Income Strategy ETF
AMZY
$246M
| $171K | ﹤0.01% |
+12,017
| New | +$187K |
|
|
PVL
11149
Permianville Royalty Trust
PVL
$58.1M
| $171K | ﹤0.01% |
94,421
+66,583
| +239% | +$125K |
|
|
BFIN
11150
CALL
DELISTED
BankFinancial
BFIN
| $171K | ﹤0.01% |
14,200
-5,600
| -28% | -$66.4K |
|
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.