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 | |
|---|---|---|---|---|---|---|
11451
PUT
Arbutus Biopharma
ABUS
$906M
| $120K | ﹤0.01% |
26,400
+7,400
| +39% | +$27.2K |
|
11452
Inovio Pharmaceuticals
INO
$97.6M
| $120K | ﹤0.01% |
51,182
-100,085
| -66% | -$192K |
|
|
TE
11453
CALL
T1 Energy
TE
$1.53B
| $120K | ﹤0.01% |
54,900
-5,100
| -9% | -$8.13K |
|
11454
PUT
Xeris Biopharma Holdings
XERS
$1.56B
| $120K | ﹤0.01% |
14,700
+3,400
| +30% | +$22.6K |
|
11455
Cue Biopharma
CUE
$139M
| $120K | ﹤0.01% |
5,549
+408
| +8% | +$9.57K |
|
|
YSG
11456
PUT
Yatsen Holding
YSG
$323M
| $120K | ﹤0.01% |
13,200
-3,700
| -22% | -$35.2K |
|
11457
PUT
Cemex
CX
$16B
| $120K | ﹤0.01% |
13,300
-2,200
| -14% | -$18.8K |
|
11458
CALL
Bioventus
BVS
$1.17B
| $119K | ﹤0.01% |
17,800
-29,400
| -62% | -$204K |
|
|
ADVM
11459
DELISTED
Adverum Biotechnologies
ADVM
| $119K | ﹤0.01% |
26,255
-32,956
| -56% | -$97.2K |
|
|
CAN
11460
CALL
Canaan Creative
CAN
$160M
| $118K | ﹤0.01% |
134,600
-145,900
| -52% | -$111K |
|
|
RPC
11461
Ridgepost Capital
RPC
$970M
| $118K | ﹤0.01% |
10,866
-61,425
| -85% | -$730K |
|
|
SWZ
11462
Swiss Helvetia Fund
SWZ
$77.3M
| $117K | ﹤0.01% |
19,315
+9,126
| +90% | +$56.1K |
|
|
MCR
11463
DELISTED
MFS Charter Income Trust
MCR
| $117K | ﹤0.01% |
+18,249
| New | +$116K |
|
|
NOM
11464
DELISTED
Nuveen Missouri Quality Municipal Income Fund
NOM
| $117K | ﹤0.01% |
+10,645
| New | +$116K |
|
|
SANG
11465
Sangoma Technologies
SANG
$133M
| $117K | ﹤0.01% |
23,689
+12,352
| +109% | +$70.4K |
|
|
AWF
11466
AllianceBernstein Global High Income Fund
AWF
$874M
| $116K | ﹤0.01% |
10,381
-37,292
| -78% | -$417K |
|
11467
PUT
AngioDynamics
ANGO
$647M
| $116K | ﹤0.01% |
+10,400
| New | +$100K |
|
11468
PUT
Lifestance Health
LFST
$4.84B
| $116K | ﹤0.01% |
21,100
+7,300
| +53% | +$35.8K |
|
|
FTW
11469
Presidio Production Co
FTW
$334M
| $116K | ﹤0.01% |
+11,171
| New | +$116K |
|
11470
CALL
Kura Oncology
KURA
$927M
| $116K | ﹤0.01% |
13,100
-9,600
| -42% | -$68.4K |
|
11471
Comtech Telecommunications
CMTL
$53M
| $116K | ﹤0.01% |
44,786
+23,738
| +113% | +$54.2K |
|
|
BDN
11472
CALL
Brandywine Realty Trust
BDN
$546M
| $116K | ﹤0.01% |
27,700
+12,300
| +80% | +$51.7K |
|
|
CNH
11473
PUT
CNH Industrial
CNH
$16.8B
| $115K | ﹤0.01% |
10,600
-222,400
| -95% | -$2.72M |
|
11474
Invesco Municipal Income Opportunities Trust
OIA
$293M
| $115K | ﹤0.01% |
+19,026
| New | +$110K |
|
11475
PUT
Douglas Elliman
DOUG
$181M
| $114K | ﹤0.01% |
39,900
+3,500
| +10% | +$9.18K |
|
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.