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 | |
|---|---|---|---|---|---|---|
11376
Tiziana Life Sciences
TLSA
$137M
| $133K | ﹤0.01% |
61,530
-24,555
| -29% | -$45.4K |
|
11377
CALL
El Pollo Loco
LOCO
$472M
| $133K | ﹤0.01% |
+13,700
| New | +$144K |
|
11378
CALL
Relmada Therapeutics
RLMD
$510M
| $133K | ﹤0.01% |
+66,000
| New | +$63.3K |
|
|
FBRT
11379
CALL
Franklin BSP Realty Trust
FBRT
$680M
| $132K | ﹤0.01% |
12,200
-30,200
| -71% | -$333K |
|
11380
CALL
BARK
BARK
$93.9M
| $132K | ﹤0.01% |
7,975
+5,720
| +254% | +$101K |
|
11381
CALL
Teucrium Wheat Fund
WEAT
$306M
| $132K | ﹤0.01% |
6,440
-1,020
| -14% | -$22K |
|
11382
Ideal Power
IPWR
$80M
| $132K | ﹤0.01% |
+26,307
| New | +$136K |
|
|
AGNT
11383
PUT
AGNT Inc
AGNT
$734M
| $132K | ﹤0.01% |
12,400
-10,300
| -45% | -$109K |
|
11384
Goldman Sachs BDC
GSBD
$1.11B
| $132K | ﹤0.01% |
12,987
-188,325
| -94% | -$2.14M |
|
11385
Cardiff Oncology
CRDF
$77M
| $132K | ﹤0.01% |
64,106
-464,951
| -88% | -$1.29M |
|
|
RFAI
11386
RF Acquisition Corp II
RFAI
$92.5M
| $132K | ﹤0.01% |
+12,342
| New | +$131K |
|
11387
Diamondrock Hospitality Co
DRH
$2.53B
| $131K | ﹤0.01% |
16,465
-237,391
| -94% | -$1.92M |
|
|
NPKI
11388
NPK International
NPKI
$1.2B
| $131K | ﹤0.01% |
11,561
-97,514
| -89% | -$950K |
|
|
CUB
11389
Lionheart Holdings
CUB
$284M
| $131K | ﹤0.01% |
12,435
-2,893
| -19% | -$30.3K |
|
11390
PUT
Riskified
RSKD
$871M
| $131K | ﹤0.01% |
27,900
-79,300
| -74% | -$390K |
|
11391
CALL
Under Armour Class C
UA
$2.24B
| $130K | ﹤0.01% |
27,000
+3,500
| +15% | +$19.6K |
|
11392
CALL
Playtika
PLTK
$950M
| $130K | ﹤0.01% |
33,500
-347,600
| -91% | -$1.42M |
|
11393
BigBear.ai
BBAI
$1.58B
| $130K | ﹤0.01% |
19,925
-2,150,645
| -99% | -$13.8M |
|
11394
ProShares UltraShort Health Care
RXD
$3.08M
| $130K | ﹤0.01% |
5,753
+305
| +6% | +$7.37K |
|
|
BYM
11395
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $130K | ﹤0.01% |
11,836
-7,270
| -38% | -$77.1K |
|
11396
iShares 25+ Year Treasury STRIPS Bond ETF
GOVZ
$256M
| $129K | ﹤0.01% |
3,326
-6,865
| -67% | -$258K |
|
|
MRDN
11397
Meridian Holdings Inc
MRDN
$179M
| $129K | ﹤0.01% |
9,534
+2,401
| +34% | +$39.4K |
|
|
GGRP
11398
Glimpse Group
GGRP
$20.3M
| $129K | ﹤0.01% |
78,786
+56,303
| +250% | +$83.3K |
|
11399
Entera Bio
ENTX
$138M
| $129K | ﹤0.01% |
67,177
+18,300
| +37% | +$35K |
|
|
BQ
11400
Boqii Holding Ltd
BQ
$8.27M
| $129K | ﹤0.01% |
13,331
-1,324
| -9% | -$4.03K |
|
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.