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 | |
|---|---|---|---|---|---|---|
3326
PUT
Evercore
EVR
$11.8B
| $8.06M | ﹤0.01% |
23,900
-500
| -2% | -$157K |
|
3327
CALL
Vanguard Energy ETF
VDE
$10.6B
| $8.06M | ﹤0.01% |
64,000
-7,500
| -10% | -$923K |
|
3328
PUT
Impinj
PI
$5.28B
| $8.04M | ﹤0.01% |
44,500
-36,600
| -45% | -$5.77M |
|
3329
Woodward
WWD
$21.9B
| $8.04M | ﹤0.01% |
31,807
+13,374
| +73% | +$3.32M |
|
3330
CALL
Vanguard Morningstar Small-Cap Value ETF
VBR
$38.3B
| $8.04M | ﹤0.01% |
38,500
-4,200
| -10% | -$859K |
|
3331
Lincoln National
LNC
$8.7B
| $8.03M | ﹤0.01% |
199,163
+574
| +0.3% | +$22.2K |
|
3332
CALL
Hudbay
HBM
$11.9B
| $8.03M | ﹤0.01% |
529,800
+96,500
| +22% | +$1.11M |
|
3333
PUT
Penumbra
PEN
$12.9B
| $8.03M | ﹤0.01% |
31,700
+6,800
| +27% | +$1.72M |
|
3334
Oneok
OKE
$59.9B
| $8.02M | ﹤0.01% |
109,957
-18,795
| -15% | -$1.44M |
|
3335
CALL
Incyte
INCY
$24.4B
| $8.02M | ﹤0.01% |
94,600
-87,100
| -48% | -$6.88M |
|
3336
CALL
Shoals Technologies Group
SHLS
$1.42B
| $8.01M | ﹤0.01% |
1,080,900
+43,200
| +4% | +$266K |
|
3337
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.76B
| $8.01M | ﹤0.01% |
88,492
-122,577
| -58% | -$10.5M |
|
3338
AXIS Capital
AXS
$7.38B
| $8M | ﹤0.01% |
83,466
-13,622
| -14% | -$1.32M |
|
3339
CALL
American Battery Technology Co
ABAT
$340M
| $7.99M | ﹤0.01% |
1,644,300
+1,520,900
| +1,232% | +$3.97M |
|
3340
Charter Communications
CHTR
$18.4B
| $7.98M | ﹤0.01% |
29,019
-75,496
| -72% | -$22.8M |
|
3341
PUT
CACI
CACI
$14.8B
| $7.98M | ﹤0.01% |
16,000
-9,600
| -38% | -$4.64M |
|
|
GSRT
3342
DELISTED
GSR III Acquisition Corp
GSRT
| $7.97M | ﹤0.01% |
769,612
+708,919
| +1,168% | +$7.49M |
|
3343
PUT
Jacobs Solutions
J
$16.9B
| $7.97M | ﹤0.01% |
53,200
-66,000
| -55% | -$9.48M |
|
|
SA
3344
CALL
Seabridge Gold
SA
$3.62B
| $7.97M | ﹤0.01% |
330,100
-50,100
| -13% | -$867K |
|
3345
Wheaton Precious Metals
WPM
$61B
| $7.97M | ﹤0.01% |
+71,244
| New | +$6.96M |
|
3346
CALL
Scotiabank
BNS
$112B
| $7.96M | ﹤0.01% |
123,200
-23,100
| -16% | -$1.36M |
|
3347
International Flavors & Fragrances
IFF
$21.5B
| $7.96M | ﹤0.01% |
129,385
+77,600
| +150% | +$5.33M |
|
3348
CALL
AirSculpt Technologies
AIRS
$247M
| $7.96M | ﹤0.01% |
992,300
+967,200
| +3,853% | +$5.98M |
|
3349
Aurora
AUR
$13.7B
| $7.95M | ﹤0.01% |
1,475,180
+552,970
| +60% | +$3.24M |
|
3350
CALL
Flex
FLEX
$46.6B
| $7.95M | ﹤0.01% |
137,100
-47,200
| -26% | -$2.51M |
|
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.