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 | |
|---|---|---|---|---|---|---|
4126
CALL
Trupanion
TRUP
$1.34B
| $4.88M | ﹤0.01% |
112,800
-54,400
| -33% | -$2.59M |
|
|
TPH
4127
DELISTED
Tri Pointe Homes
TPH
| $4.88M | ﹤0.01% |
143,694
+2,263
| +2% | +$77K |
|
4128
PUT
DigitalBridge
DBRG
$2.94B
| $4.88M | ﹤0.01% |
416,900
+333,200
| +398% | +$3.72M |
|
4129
Universal Health Services
UHS
$10B
| $4.88M | ﹤0.01% |
23,858
-13,573
| -36% | -$2.44M |
|
4130
CALL
Grupo Aeroportuario Centro Norte
OMAB
$4.99B
| $4.87M | ﹤0.01% |
46,900
+29,600
| +171% | +$3.17M |
|
4131
CALL
iShares Russell 2000 Growth ETF
IWO
$15.2B
| $4.86M | ﹤0.01% |
15,200
-800
| -5% | -$241K |
|
4132
CALL
Lear
LEA
$8.32B
| $4.86M | ﹤0.01% |
48,300
-27,600
| -36% | -$2.87M |
|
4133
CALL
Cogent Communications
CCOI
$579M
| $4.86M | ﹤0.01% |
126,700
+89,700
| +242% | +$3.74M |
|
|
WNS
4134
PUT
DELISTED
WNS Holdings
WNS
| $4.86M | ﹤0.01% |
63,700
-365,400
| -85% | -$27.3M |
|
4135
PUT
Bit Digital
BTBT
$566M
| $4.86M | ﹤0.01% |
1,619,400
+1,024,100
| +172% | +$3.11M |
|
4136
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $4.85M | ﹤0.01% |
138,500
+18,200
| +15% | +$685K |
|
|
XNET
4137
PUT
Xunlei
XNET
$334M
| $4.85M | ﹤0.01% |
507,000
+350,300
| +224% | +$2.15M |
|
4138
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.43B
| $4.85M | ﹤0.01% |
+104,502
| New | +$4.72M |
|
4139
ProShares Bitcoin Strategy ETF
BITO
$1.42B
| $4.84M | ﹤0.01% |
246,044
-698,222
| -74% | -$14.6M |
|
4140
PUT
Option Care Health
OPCH
$3.59B
| $4.84M | ﹤0.01% |
174,400
+106,700
| +158% | +$3.09M |
|
4141
PUT
Brown-Forman Class B
BF.B
$13B
| $4.83M | ﹤0.01% |
178,500
-91,200
| -34% | -$2.64M |
|
4142
CALL
Genworth Financial
GNW
$3.84B
| $4.83M | ﹤0.01% |
543,100
-257,400
| -32% | -$2.12M |
|
4143
PUT
abrdn Physical Palladium Shares ETF
PALL
$651M
| $4.83M | ﹤0.01% |
+211,500
| New | +$4.53M |
|
4144
CALL
Vanguard Health Care ETF
VHT
$18.9B
| $4.83M | ﹤0.01% |
18,600
-2,100
| -10% | -$527K |
|
4145
iShares Global Infrastructure ETF
IGF
$10.7B
| $4.83M | ﹤0.01% |
78,993
-60,522
| -43% | -$3.63M |
|
4146
PUT
B2Gold
BTG
$6.79B
| $4.83M | ﹤0.01% |
975,000
+227,600
| +30% | +$895K |
|
4147
PUT
Steris
STE
$22.7B
| $4.83M | ﹤0.01% |
19,500
-48,000
| -71% | -$11.5M |
|
|
BRR
4148
CALL
ProCap Financial Inc
BRR
$148M
| $4.82M | ﹤0.01% |
+476,100
| New | +$4.9M |
|
4149
CALL
Infosys
INFY
$49B
| $4.81M | ﹤0.01% |
295,900
-110,300
| -27% | -$1.9M |
|
4150
Range Resources
RRC
$9.42B
| $4.81M | ﹤0.01% |
127,692
-412,757
| -76% | -$14.7M |
|
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.