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 | |
|---|---|---|---|---|---|---|
3376
CALL
Build-A-Bear
BBW
$481M
| $7.79M | ﹤0.01% |
119,500
+82,700
| +225% | +$4.88M |
|
3377
State Street
STT
$52.7B
| $7.79M | ﹤0.01% |
67,169
-113,941
| -63% | -$12.7M |
|
3378
PUT
iShares S&P 100 ETF
OEF
$20.5B
| $7.79M | ﹤0.01% |
23,400
-15,000
| -39% | -$4.77M |
|
3379
CVR Partners
UAN
$1.31B
| $7.78M | ﹤0.01% |
86,353
+19,081
| +28% | +$1.72M |
|
3380
Vanguard Tax-Exempt Bond Index Fund
VTEB
$46B
| $7.78M | ﹤0.01% |
155,332
+56,913
| +58% | +$2.8M |
|
3381
CALL
United Natural Foods
UNFI
$2.93B
| $7.78M | ﹤0.01% |
206,700
+74,500
| +56% | +$2.04M |
|
3382
CALL
Mueller Industries
MLI
$14.6B
| $7.78M | ﹤0.01% |
153,800
+28,600
| +23% | +$1.31M |
|
|
GRAL
3383
PUT
GRAIL Inc
GRAL
$3.03B
| $7.76M | ﹤0.01% |
131,200
-231,000
| -64% | -$8.83M |
|
3384
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $7.76M | ﹤0.01% |
64,900
+56,300
| +655% | +$6.7M |
|
3385
CALL
iShares MSCI Taiwan ETF
EWT
$11.5B
| $7.76M | ﹤0.01% |
121,900
-140,700
| -54% | -$8.47M |
|
3386
Construction Partners
ROAD
$6.9B
| $7.75M | ﹤0.01% |
61,019
-49,421
| -45% | -$5.64M |
|
|
DQ
3387
PUT
Daqo New Energy
DQ
$991M
| $7.75M | ﹤0.01% |
275,400
-11,700
| -4% | -$274K |
|
3388
CALL
Steris
STE
$22.7B
| $7.74M | ﹤0.01% |
31,300
+9,300
| +42% | +$2.23M |
|
3389
CALL
Lantheus
LNTH
$6.59B
| $7.73M | ﹤0.01% |
150,800
+5,500
| +4% | +$344K |
|
3390
Schwab Fundamental International Large Company Index ETF
FNDF
$25.9B
| $7.73M | ﹤0.01% |
179,825
-349,466
| -66% | -$14.5M |
|
3391
PUT
Exelon
EXC
$47.2B
| $7.71M | ﹤0.01% |
171,400
-569,400
| -77% | -$25M |
|
3392
PUT
Intellia Therapeutics
NTLA
$1.67B
| $7.71M | ﹤0.01% |
446,700
+289,000
| +183% | +$3.56M |
|
3393
Valley National Bancorp
VLY
$8.29B
| $7.71M | ﹤0.01% |
727,331
-371,305
| -34% | -$3.71M |
|
3394
PUT
Bausch Health
BHC
$2.43B
| $7.71M | ﹤0.01% |
1,194,900
+645,100
| +117% | +$4.41M |
|
3395
PUT
Star Bulk Carriers
SBLK
$3.24B
| $7.7M | ﹤0.01% |
414,200
-320,700
| -44% | -$6.04M |
|
3396
CALL
DigitalBridge
DBRG
$2.94B
| $7.69M | ﹤0.01% |
657,600
-447,300
| -40% | -$5M |
|
3397
Capital Group Core Equity ETF
CGUS
$11.8B
| $7.69M | ﹤0.01% |
+194,480
| New | +$7.47M |
|
3398
Jazz Pharmaceuticals
JAZZ
$15.9B
| $7.69M | ﹤0.01% |
58,344
+18,254
| +46% | +$2.19M |
|
3399
iShares MSCI Australia ETF
EWA
$1.45B
| $7.69M | ﹤0.01% |
284,764
+261,011
| +1,099% | +$6.96M |
|
3400
PUT
Acadia Pharmaceuticals
ACAD
$4.87B
| $7.69M | ﹤0.01% |
360,200
+307,400
| +582% | +$7.27M |
|
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.