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 | |
|---|---|---|---|---|---|---|
|
AGIX
2326
KraneShares Public-Private AI & Technology ETF
AGIX
$626M
| $17.8M | ﹤0.01% |
+484,357
| New | +$16.2M |
|
2327
BridgeBio Pharma
BBIO
$15.5B
| $17.8M | ﹤0.01% |
341,866
-292,707
| -46% | -$14.3M |
|
2328
BJs Wholesale Club
BJ
$11.9B
| $17.7M | ﹤0.01% |
190,334
+98,122
| +106% | +$10M |
|
2329
CALL
Howard Hughes
HHH
$3.99B
| $17.7M | ﹤0.01% |
215,900
+117,700
| +120% | +$8.72M |
|
2330
iShares MSCI USA Quality Factor ETF
QUAL
$48.1B
| $17.7M | ﹤0.01% |
91,153
+87,401
| +2,329% | +$16.4M |
|
2331
CALL
Nektar Therapeutics
NKTR
$2.52B
| $17.7M | ﹤0.01% |
311,000
-139,200
| -31% | -$4.61M |
|
2332
CALL
Equinor
EQNR
$97.4B
| $17.7M | ﹤0.01% |
725,600
-131,700
| -15% | -$3.3M |
|
2333
PUT
W.P. Carey
WPC
$16.3B
| $17.7M | ﹤0.01% |
261,800
-122,100
| -32% | -$7.99M |
|
2334
PUT
Innodata
INOD
$2.13B
| $17.7M | ﹤0.01% |
229,500
+900
| +0.4% | +$45.5K |
|
2335
PUT
M&T Bank
MTB
$36.8B
| $17.7M | ﹤0.01% |
89,400
+4,100
| +5% | +$805K |
|
2336
Corebridge Financial
CRBG
$15.3B
| $17.6M | ﹤0.01% |
550,122
+314,775
| +134% | +$10.8M |
|
2337
PUT
Herc Holdings
HRI
$5.74B
| $17.6M | ﹤0.01% |
151,100
+17,400
| +13% | +$2.24M |
|
2338
CALL
Factset
FDS
$9.98B
| $17.6M | ﹤0.01% |
61,500
+37,300
| +154% | +$14.2M |
|
2339
PUT
Mattel
MAT
$4.27B
| $17.6M | ﹤0.01% |
1,044,700
+473,200
| +83% | +$8.62M |
|
2340
PUT
KeyCorp
KEY
$24.9B
| $17.6M | ﹤0.01% |
939,300
-209,700
| -18% | -$3.88M |
|
2341
PUT
Direxion Daily GOOGL Bull 2X ETF
GGLL
$956M
| $17.5M | ﹤0.01% |
277,800
-394,500
| -59% | -$19.2M |
|
2342
Norfolk Southern
NSC
$76.4B
| $17.5M | ﹤0.01% |
58,327
-58,819
| -50% | -$16.3M |
|
2343
CALL
US Global Jets ETF
JETS
$833M
| $17.5M | ﹤0.01% |
710,800
-1,559,100
| -69% | -$39.1M |
|
2344
Tilray
TLRY
$627M
| $17.5M | ﹤0.01% |
1,012,613
+570,746
| +129% | +$5.46M |
|
2345
CALL
Aaon
AAON
$7.24B
| $17.5M | ﹤0.01% |
187,400
+125,700
| +204% | +$10.3M |
|
2346
PUT
Urban Outfitters
URBN
$6.62B
| $17.5M | ﹤0.01% |
245,000
+69,300
| +39% | +$5.1M |
|
2347
PUT
Vipshop
VIPS
$6.85B
| $17.5M | ﹤0.01% |
888,600
+74,400
| +9% | +$1.23M |
|
2348
CALL
SiTime
SITM
$20.9B
| $17.4M | ﹤0.01% |
57,900
+21,400
| +59% | +$4.96M |
|
2349
PUT
Sunoco
SUN
$14.3B
| $17.4M | ﹤0.01% |
348,500
+57,300
| +20% | +$2.98M |
|
2350
PUT
TripAdvisor
TRIP
$1.27B
| $17.4M | ﹤0.01% |
1,069,600
+681,200
| +175% | +$11.9M |
|
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.