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 | |
|---|---|---|---|---|---|---|
3201
CALL
TransUnion
TRU
$15.4B
| $8.81M | ﹤0.01% |
105,100
-132,500
| -56% | -$12M |
|
3202
APA Corp
APA
$14.2B
| $8.8M | ﹤0.01% |
362,361
-127,441
| -26% | -$2.69M |
|
3203
PUT
ODDITY Tech
ODD
$605M
| $8.8M | ﹤0.01% |
141,200
+82,600
| +141% | +$5.37M |
|
3204
CALL
Harmony Biosciences
HRMY
$2.22B
| $8.79M | ﹤0.01% |
318,800
+75,500
| +31% | +$2.6M |
|
3205
MGM Resorts International
MGM
$11.1B
| $8.78M | ﹤0.01% |
253,264
-62,210
| -20% | -$2.28M |
|
3206
CALL
BlackBerry
BB
$5.22B
| $8.76M | ﹤0.01% |
1,795,800
+736,500
| +70% | +$2.92M |
|
3207
PUT
Euronet Worldwide
EEFT
$2.74B
| $8.76M | ﹤0.01% |
99,800
+31,700
| +47% | +$3.04M |
|
3208
PUT
Churchill Downs
CHDN
$6.33B
| $8.76M | ﹤0.01% |
90,300
+12,600
| +16% | +$1.3M |
|
3209
PUT
Brookfield Asset Management
BAM
$86.7B
| $8.75M | ﹤0.01% |
153,600
+81,500
| +113% | +$4.85M |
|
3210
State Street Utilities Select Sector SPDR ETF
XLU
$23B
| $8.75M | ﹤0.01% |
200,556
-717,674
| -78% | -$30.4M |
|
3211
PUT
Blackstone Mortgage Trust
BXMT
$2.44B
| $8.73M | ﹤0.01% |
474,400
+55,700
| +13% | +$1.07M |
|
3212
Diamondback Energy
FANG
$56.7B
| $8.73M | ﹤0.01% |
60,994
+1,640
| +3% | +$233K |
|
3213
Targa Resources
TRGP
$59.1B
| $8.73M | ﹤0.01% |
52,094
-9,571
| -16% | -$1.59M |
|
3214
CALL
Viavi Solutions
VIAV
$10.7B
| $8.71M | ﹤0.01% |
686,600
+610,600
| +803% | +$6.72M |
|
|
CUK
3215
DELISTED
Carnival PLC
CUK
| $8.71M | ﹤0.01% |
329,343
+12,091
| +4% | +$333K |
|
3216
LKQ Corp
LKQ
$6.43B
| $8.7M | ﹤0.01% |
285,003
+148,028
| +108% | +$4.86M |
|
3217
CALL
American Financial Group
AFG
$12.1B
| $8.7M | ﹤0.01% |
59,700
+37,100
| +164% | +$4.92M |
|
3218
PUT
BCE
BCE
$21.9B
| $8.69M | ﹤0.01% |
371,700
+16,600
| +5% | +$400K |
|
3219
CBRE Group
CBRE
$44.3B
| $8.69M | ﹤0.01% |
55,140
+17,707
| +47% | +$2.74M |
|
3220
PUT
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.9M
| $8.69M | ﹤0.01% |
117,900
+41,200
| +54% | +$2.63M |
|
|
SEZL
3221
PUT
Sezzle
SEZL
$4.34B
| $8.68M | ﹤0.01% |
109,200
+54,700
| +100% | +$6.28M |
|
3222
CALL
Sportradar
SRAD
$4.09B
| $8.68M | ﹤0.01% |
322,800
-319,500
| -50% | -$9.47M |
|
3223
CALL
Gossamer Bio
GOSS
$75.4M
| $8.68M | ﹤0.01% |
3,301,600
+2,075,900
| +169% | +$4.58M |
|
|
SVM
3224
Silvercorp Metals
SVM
$2.66B
| $8.67M | ﹤0.01% |
1,372,092
+692,117
| +102% | +$3.39M |
|
3225
PUT
Icon
ICLR
$12.6B
| $8.66M | ﹤0.01% |
49,500
+26,800
| +118% | +$4.49M |
|
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.