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 | |
|---|---|---|---|---|---|---|
11751
Rallybio
RLYB
$88.1M
| $68K | ﹤0.01% |
17,037
+14,129
| +486% | +$59.4K |
|
11752
PUT
Ceragon Networks
CRNT
$198M
| $67.6K | ﹤0.01% |
29,000
-316,400
| -92% | -$698K |
|
11753
TOP Financial Group
TOP
$1.34B
| $67.3K | ﹤0.01% |
10,359
+3,066
| +42% | +$19K |
|
|
WHLRP
11754
Wheeler Real Estate Investment Trust Preferred Stock
WHLRP
$8.5M
| $67.1K | ﹤0.01% |
+15,857
| New | +$63.2K |
|
11755
Organogenesis Holdings
ORGO
$226M
| $67K | ﹤0.01% |
15,886
-109,124
| -87% | -$507K |
|
|
AIFU
11756
AIFU Inc
AIFU
$218M
| $67K | ﹤0.01% |
+655
| New | +$81.4K |
|
11757
CALL
Ribbon Communications
RBBN
$372M
| $66.9K | ﹤0.01% |
17,600
-9,500
| -35% | -$37.3K |
|
11758
Entrada Therapeutics
TRDA
$299M
| $66.7K | ﹤0.01% |
11,508
-25,307
| -69% | -$148K |
|
11759
Tilly's
TLYS
$121M
| $66.7K | ﹤0.01% |
32,393
-117,490
| -78% | -$204K |
|
11760
CALL
Zedge
ZDGE
$38.6M
| $66.6K | ﹤0.01% |
22,900
+4,400
| +24% | +$15.6K |
|
11761
StealthGas
GASS
$331M
| $66.4K | ﹤0.01% |
10,144
-2,187
| -18% | -$15.2K |
|
11762
CALL
Neumora Therapeutics
NMRA
$317M
| $66.4K | ﹤0.01% |
36,500
+24,200
| +197% | +$39.1K |
|
11763
CALL
Atea Pharmaceuticals
AVIR
$405M
| $66.4K | ﹤0.01% |
+22,900
| New | +$78.2K |
|
11764
PUT
Quad
QUAD
$507M
| $66.4K | ﹤0.01% |
10,600
-18,500
| -64% | -$114K |
|
11765
PUT
Laser Photonics
LASE
$68.7M
| $65.9K | ﹤0.01% |
15,300
+1,400
| +10% | +$4.52K |
|
11766
CALL
CEMIG Preferred Shares
CIG
$5.61B
| $65.8K | ﹤0.01% |
31,200
+19,900
| +176% | +$39.1K |
|
11767
Asia Pacific Wire & Cable
APWC
$61.8M
| $65.7K | ﹤0.01% |
31,901
+11,676
| +58% | +$21.4K |
|
11768
Astrotech Corp
ASTC
$17.9M
| $65.5K | ﹤0.01% |
+13,539
| New | +$71.4K |
|
|
BNKK
11769
CALL
Bonk Inc
BNKK
$8.16M
| $65.2K | ﹤0.01% |
+6,903
| New | +$126K |
|
|
NVX
11770
NOVONIX
NVX
$106M
| $65.2K | ﹤0.01% |
+50,917
| New | +$66.4K |
|
11771
IRIDEX
IRIX
$14.3M
| $64.9K | ﹤0.01% |
56,470
+17,834
| +46% | +$21.9K |
|
11772
CALL
American Well
AMWL
$215M
| $64.6K | ﹤0.01% |
10,500
-26,700
| -72% | -$196K |
|
11773
PUT
Prairie Operating Co
PROP
$85.8M
| $64.1K | ﹤0.01% |
32,200
-4,400
| -12% | -$12.5K |
|
11774
FerroAtlántica
GSM
$818M
| $64K | ﹤0.01% |
14,055
-237,508
| -94% | -$1.02M |
|
11775
CALL
Cullinan Oncology
CGEM
$1.26B
| $63.5K | ﹤0.01% |
10,700
+100
| +0.9% | +$732 |
|
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.