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 | |
|---|---|---|---|---|---|---|
1826
CALL
State Street SPDR S&P Bank ETF
KBE
$1.75B
| $29M | ﹤0.01% |
488,800
+99,400
| +26% | +$5.86M |
|
|
SA
1827
Seabridge Gold
SA
$3.62B
| $29M | ﹤0.01% |
1,202,300
+674,465
| +128% | +$11.7M |
|
1828
PUT
IQVIA
IQV
$39.1B
| $29M | ﹤0.01% |
152,700
+28,700
| +23% | +$5.22M |
|
1829
CALL
Scorpio Tankers
STNG
$3.98B
| $29M | ﹤0.01% |
517,000
+3,100
| +0.6% | +$153K |
|
1830
PUT
Arthur J. Gallagher & Co
AJG
$64.6B
| $29M | ﹤0.01% |
93,500
-89,000
| -49% | -$26.8M |
|
1831
Under Armour
UAA
$2.31B
| $28.9M | ﹤0.01% |
5,795,817
+2,209,473
| +62% | +$12.9M |
|
1832
PUT
Teck Resources
TECK
$31.3B
| $28.9M | ﹤0.01% |
658,200
-171,500
| -21% | -$6.23M |
|
1833
SLB Ltd
SLB
$79.7B
| $28.9M | ﹤0.01% |
840,072
-939,680
| -53% | -$32.7M |
|
1834
CALL
Mirion Technologies
MIR
$3.96B
| $28.9M | ﹤0.01% |
1,241,200
+444,900
| +56% | +$9.62M |
|
1835
CALL
Ares Capital
ARCC
$14.3B
| $28.8M | ﹤0.01% |
1,413,000
-361,100
| -20% | -$8.02M |
|
1836
CALL
Northern Trust
NTRS
$35B
| $28.8M | ﹤0.01% |
214,100
-420,900
| -66% | -$54.2M |
|
1837
CALL
Badger Meter
BMI
$3.79B
| $28.8M | ﹤0.01% |
161,200
+148,000
| +1,121% | +$29.1M |
|
1838
PUT
Summit Therapeutics
SMMT
$10.6B
| $28.8M | ﹤0.01% |
1,391,700
+345,400
| +33% | +$8.38M |
|
1839
CALL
BioNTech
BNTX
$23.2B
| $28.7M | ﹤0.01% |
291,400
-39,300
| -12% | -$4.2M |
|
1840
PUT
Crown Castle
CCI
$32.3B
| $28.7M | ﹤0.01% |
297,400
-30,400
| -9% | -$3.08M |
|
1841
PUT
Trip.com Group
TCOM
$28.2B
| $28.7M | ﹤0.01% |
381,200
-521,800
| -58% | -$34.9M |
|
1842
PUT
Symbotic
SYM
$5.54B
| $28.6M | ﹤0.01% |
531,300
+113,900
| +27% | +$5.76M |
|
|
API
1843
Agora
API
$384M
| $28.6M | ﹤0.01% |
7,484,011
| – | – |
|
1844
CALL
UiPath
PATH
$8.36B
| $28.6M | ﹤0.01% |
2,134,800
+207,500
| +11% | +$2.45M |
|
1845
Royal Gold
RGLD
$19.5B
| $28.5M | ﹤0.01% |
142,334
+120,225
| +544% | +$20.8M |
|
1846
PUT
ProShares Ultra S&P500
SSO
$8.46B
| $28.5M | ﹤0.01% |
508,600
-75,400
| -13% | -$3.93M |
|
|
SLNO
1847
PUT
DELISTED
Soleno Therapeutics
SLNO
| $28.5M | ﹤0.01% |
421,300
-338,600
| -45% | -$25.1M |
|
1848
Blackrock
BLK
$182B
| $28.5M | ﹤0.01% |
24,425
-1,309
| -5% | -$1.46M |
|
1849
PUT
Paycom
PAYC
$9.82B
| $28.5M | ﹤0.01% |
136,700
-34,500
| -20% | -$7.77M |
|
1850
LPL Financial
LPLA
$29.2B
| $28.4M | ﹤0.01% |
85,486
+33,306
| +64% | +$12.1M |
|
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.