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 | |
|---|---|---|---|---|---|---|
|
SEI
3126
PUT
Solaris Energy Infrastructure
SEI
$4.17B
| $9.33M | ﹤0.01% |
233,400
+22,700
| +11% | +$710K |
|
3127
SBA Communications
SBAC
$19.6B
| $9.31M | ﹤0.01% |
48,127
+32,313
| +204% | +$7M |
|
|
FETH
3128
CALL
Fidelity Ethereum Fund
FETH
$1.01B
| $9.3M | ﹤0.01% |
223,900
+161,000
| +256% | +$6.31M |
|
3129
Tenet Healthcare
THC
$21.6B
| $9.29M | ﹤0.01% |
45,730
-40,474
| -47% | -$7.18M |
|
3130
Cooper Companies
COO
$14.9B
| $9.28M | ﹤0.01% |
135,349
+45,957
| +51% | +$3.26M |
|
3131
PUT
Ultragenyx Pharmaceutical
RARE
$2.61B
| $9.28M | ﹤0.01% |
308,400
-155,200
| -33% | -$4.65M |
|
3132
PUT
Xcel Energy
XEL
$49.5B
| $9.27M | ﹤0.01% |
114,900
-29,300
| -20% | -$2.12M |
|
3133
Boston Properties
BXP
$10.9B
| $9.26M | ﹤0.01% |
124,616
-76,622
| -38% | -$5.41M |
|
3134
McCormick & Company Non-Voting
MKC
$14.7B
| $9.25M | ﹤0.01% |
138,205
+75,341
| +120% | +$5.28M |
|
|
WCC
3135
CALL
WESCO International
WCC
$17.6B
| $9.24M | ﹤0.01% |
43,700
-22,200
| -34% | -$4.66M |
|
|
PSIX
3136
PUT
Power Solutions International
PSIX
$935M
| $9.21M | ﹤0.01% |
+93,800
| New | +$8.32M |
|
|
LAC
3137
CALL
Lithium Americas
LAC
$1.23B
| $9.21M | ﹤0.01% |
1,613,100
+1,182,300
| +274% | +$3.74M |
|
3138
CALL
Pool Corp
POOL
$7.08B
| $9.21M | ﹤0.01% |
29,700
-23,900
| -45% | -$7.49M |
|
3139
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $9.21M | ﹤0.01% |
32,900
-7,000
| -18% | -$1.92M |
|
3140
Direxion Daily NVDA Bull 2X ETF
NVDU
$636M
| $9.2M | ﹤0.01% |
70,192
-2,447
| -3% | -$289K |
|
3141
CALL
Hyatt Hotels
H
$17.1B
| $9.2M | ﹤0.01% |
64,800
-2,600
| -4% | -$373K |
|
3142
TTM Technologies
TTMI
$14.7B
| $9.19M | ﹤0.01% |
159,630
-53,361
| -25% | -$2.48M |
|
3143
Shake Shack
SHAK
$3.02B
| $9.19M | ﹤0.01% |
98,220
+51,297
| +109% | +$5.89M |
|
3144
CALL
Sonoco
SON
$5.76B
| $9.19M | ﹤0.01% |
213,200
+106,200
| +99% | +$4.9M |
|
3145
CALL
Kaspi.kz JSC
KSPI
$18.8B
| $9.18M | ﹤0.01% |
112,400
-8,800
| -7% | -$771K |
|
3146
CALL
AppFolio
APPF
$7.23B
| $9.18M | ﹤0.01% |
33,300
-9,800
| -23% | -$2.65M |
|
3147
PUT
iShares MSCI ACWI ETF
ACWI
$33.6B
| $9.18M | ﹤0.01% |
66,400
+19,500
| +42% | +$2.59M |
|
3148
CALL
Celcuity
CELC
$4.5B
| $9.17M | ﹤0.01% |
185,600
+145,400
| +362% | +$5.82M |
|
3149
PUT
Hawaiian Electric Industries
HE
$2.03B
| $9.15M | ﹤0.01% |
828,600
+400,400
| +94% | +$4.56M |
|
3150
Mid-America Apartment Communities
MAA
$15.5B
| $9.14M | ﹤0.01% |
65,392
+26,385
| +68% | +$3.81M |
|
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.