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 | |
|---|---|---|---|---|---|---|
11301
New Mountain Finance
NMFC
$733M
| $146K | ﹤0.01% |
15,145
-5,276
| -26% | -$54.7K |
|
|
KLC
11302
PUT
KinderCare Learning Companies
KLC
$314M
| $145K | ﹤0.01% |
21,900
-17,600
| -45% | -$148K |
|
11303
CALL
Nomura Holdings
NMR
$28.7B
| $145K | ﹤0.01% |
+20,000
| New | +$140K |
|
|
SRG
11304
PUT
Seritage Growth Properties
SRG
$130M
| $145K | ﹤0.01% |
34,200
+9,600
| +39% | +$33.6K |
|
11305
TScan Therapeutics
TCRX
$51.7M
| $145K | ﹤0.01% |
79,760
-64,612
| -45% | -$114K |
|
|
KALV
11306
CALL
DELISTED
KalVista Pharmaceuticals
KALV
| $145K | ﹤0.01% |
11,900
-258,700
| -96% | -$3.57M |
|
11307
Golub Capital BDC
GBDC
$3.46B
| $144K | ﹤0.01% |
+10,555
| New | +$155K |
|
11308
CALL
Douglas Elliman
DOUG
$184M
| $144K | ﹤0.01% |
50,500
+3,100
| +7% | +$8.13K |
|
11309
Townsquare Media
TSQ
$104M
| $144K | ﹤0.01% |
+21,458
| New | +$155K |
|
11310
Atea Pharmaceuticals
AVIR
$410M
| $144K | ﹤0.01% |
49,694
-114,828
| -70% | -$392K |
|
|
AXIA
11311
DELISTED
AXIA Energia
AXIA
| $144K | ﹤0.01% |
18,316
-5,833
| -24% | -$36.7K |
|
|
ENHA
11312
Enhanced Group Inc
ENHA
$257M
| $144K | ﹤0.01% |
+14,506
| New | +$144K |
|
|
BSL
11313
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$170M
| $144K | ﹤0.01% |
+10,207
| New | +$145K |
|
11314
Capricor Therapeutics
CAPR
$369M
| $143K | ﹤0.01% |
19,877
-26,138
| -57% | -$192K |
|
|
ALFUU
11315
Centurion Acquisition Corp Unit
ALFUU
| $143K | ﹤0.01% |
13,445
-287
| -2% | -$3.06K |
|
11316
CALL
Vaalco Energy
EGY
$605M
| $143K | ﹤0.01% |
+35,600
| New | +$137K |
|
11317
AstroNova
ALOT
$226M
| $143K | ﹤0.01% |
+13,952
| New | +$154K |
|
11318
PUT
International Money Express
IMXI
$431M
| $142K | ﹤0.01% |
10,200
-6,100
| -37% | -$75.6K |
|
|
HERE
11319
Here Group Ltd
HERE
$99M
| $142K | ﹤0.01% |
+15,793
| New | +$140K |
|
11320
Gain Therapeutics
GANX
$91.7M
| $142K | ﹤0.01% |
80,435
+884
| +1% | +$1.49K |
|
|
DAO
11321
PUT
Youdao
DAO
$2.18B
| $142K | ﹤0.01% |
14,300
-15,000
| -51% | -$134K |
|
11322
Gyrodyne
GYRO
$11.9M
| $142K | ﹤0.01% |
+14,186
| New | +$140K |
|
11323
CALL
Humacyte
HUMA
$166M
| $141K | ﹤0.01% |
81,300
-103,300
| -56% | -$202K |
|
|
ADVM
11324
PUT
DELISTED
Adverum Biotechnologies
ADVM
| $141K | ﹤0.01% |
+31,200
| New | +$92K |
|
11325
inTEST
INTT
$177M
| $141K | ﹤0.01% |
18,082
+7,135
| +65% | +$52.4K |
|
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.