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 | |
|---|---|---|---|---|---|---|
1701
Shift4
FOUR
$3.68B
| $32.9M | ﹤0.01% |
425,455
+316,056
| +289% | +$29.4M |
|
1702
PUT
Trane Technologies
TT
$105B
| $32.9M | ﹤0.01% |
77,900
+33,600
| +76% | +$14.4M |
|
1703
CALL
Synchrony
SYF
$26.2B
| $32.8M | ﹤0.01% |
462,300
+111,100
| +32% | +$8.05M |
|
1704
Colgate-Palmolive
CL
$73.3B
| $32.8M | ﹤0.01% |
410,543
+132,448
| +48% | +$11.3M |
|
1705
PUT
Lennox International
LII
$14.5B
| $32.8M | ﹤0.01% |
61,900
+49,300
| +391% | +$28.8M |
|
1706
PUT
CSX Corp
CSX
$93.9B
| $32.8M | ﹤0.01% |
922,500
+106,100
| +13% | +$3.62M |
|
1707
CALL
Baker Hughes
BKR
$64.2B
| $32.7M | ﹤0.01% |
671,800
-167,700
| -20% | -$7.4M |
|
1708
PUT
Factset
FDS
$9.98B
| $32.7M | ﹤0.01% |
114,200
+99,300
| +666% | +$37.9M |
|
1709
CALL
Ionis Pharmaceuticals
IONS
$9.3B
| $32.7M | ﹤0.01% |
500,000
+69,400
| +16% | +$3.39M |
|
1710
Western Digital
WDC
$169B
| $32.7M | ﹤0.01% |
272,154
+175,382
| +181% | +$14.3M |
|
1711
CALL
Yum China
YUMC
$16.2B
| $32.7M | ﹤0.01% |
761,100
-42,900
| -5% | -$1.95M |
|
1712
CALL
Citizens Financial Group
CFG
$31.5B
| $32.6M | ﹤0.01% |
613,700
-399,500
| -39% | -$19.9M |
|
1713
PUT
Tyson Foods
TSN
$20.6B
| $32.6M | ﹤0.01% |
600,200
-51,500
| -8% | -$2.84M |
|
1714
CALL
American International
AIG
$40B
| $32.6M | ﹤0.01% |
414,500
-160,600
| -28% | -$12.8M |
|
1715
American Tower
AMT
$81.9B
| $32.5M | ﹤0.01% |
169,128
+112,228
| +197% | +$23.4M |
|
1716
PUT
Transocean
RIG
$6.65B
| $32.5M | ﹤0.01% |
10,423,900
+6,834,400
| +190% | +$20.6M |
|
1717
Travelers Companies
TRV
$77.2B
| $32.5M | ﹤0.01% |
116,338
-30,870
| -21% | -$8.27M |
|
1718
CALL
Tractor Supply
TSCO
$19B
| $32.4M | ﹤0.01% |
570,400
+161,900
| +40% | +$9.54M |
|
1719
CALL
Labcorp
LH
$25.9B
| $32.4M | ﹤0.01% |
112,900
-7,700
| -6% | -$2.06M |
|
1720
CALL
IQVIA
IQV
$39.4B
| $32.4M | ﹤0.01% |
170,500
-104,400
| -38% | -$19M |
|
1721
Papa John's
PZZA
$805M
| $32.4M | ﹤0.01% |
672,282
+524,828
| +356% | +$24.3M |
|
1722
PUT
Royal Gold
RGLD
$19.7B
| $32.4M | ﹤0.01% |
161,300
-1,200
| -0.7% | -$208K |
|
1723
PUT
Valaris
VAL
$6.16B
| $32.3M | ﹤0.01% |
661,400
+1,700
| +0.3% | +$82.9K |
|
1724
CALL
Parsons
PSN
$5.08B
| $32.2M | ﹤0.01% |
388,600
+27,000
| +7% | +$2.09M |
|
1725
CALL
WEC Energy
WEC
$35.7B
| $32.2M | ﹤0.01% |
281,100
+193,800
| +222% | +$21M |
|
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.