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 | |
|---|---|---|---|---|---|---|
1926
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $26.1M | ﹤0.01% |
+274,088
| New | +$25.7M |
|
1927
CALL
Albertsons Companies
ACI
$6.05B
| $26.1M | ﹤0.01% |
1,490,000
-95,900
| -6% | -$1.88M |
|
|
LIF
1928
Life360
LIF
$4.17B
| $26M | ﹤0.01% |
245,001
+182,278
| +291% | +$15.3M |
|
1929
PUT
Emerson Electric
EMR
$91B
| $26M | ﹤0.01% |
198,100
-42,500
| -18% | -$5.79M |
|
1930
PUT
Mid-America Apartment Communities
MAA
$15.5B
| $26M | ﹤0.01% |
185,900
-25,800
| -12% | -$3.73M |
|
1931
CALL
MasTec
MTZ
$23.9B
| $26M | ﹤0.01% |
122,000
+23,400
| +24% | +$4.28M |
|
1932
XPO
XPO
$24.7B
| $25.9M | ﹤0.01% |
200,680
+170,214
| +559% | +$22.1M |
|
1933
CALL
Ferguson
FERG
$47.8B
| $25.9M | ﹤0.01% |
115,500
-42,600
| -27% | -$9.65M |
|
1934
PUT
iShares National Muni Bond ETF
MUB
$45.8B
| $25.9M | ﹤0.01% |
243,300
-163,400
| -40% | -$17.1M |
|
1935
Microchip Technology
MCHP
$42.6B
| $25.9M | ﹤0.01% |
402,891
-134,432
| -25% | -$9.11M |
|
1936
PUT
Matador Resources
MTDR
$6.63B
| $25.9M | ﹤0.01% |
575,500
+98,600
| +21% | +$4.81M |
|
1937
CALL
Planet Labs
PL
$8.73B
| $25.8M | ﹤0.01% |
1,991,300
+1,223,000
| +159% | +$9.43M |
|
1938
PUT
Martin Marietta Materials
MLM
$33B
| $25.8M | ﹤0.01% |
41,000
-38,200
| -48% | -$22.8M |
|
1939
PUT
Jack Henry & Associates
JKHY
$10.9B
| $25.8M | ﹤0.01% |
173,400
+144,500
| +500% | +$24M |
|
1940
PUT
iShares Russell Mid-Cap Growth ETF
IWP
$21.1B
| $25.8M | ﹤0.01% |
181,200
+6,700
| +4% | +$947K |
|
1941
CALL
Consolidated Edison
ED
$40.4B
| $25.8M | ﹤0.01% |
256,400
-5,900
| -2% | -$592K |
|
1942
PUT
ACM Research
ACMR
$5.58B
| $25.7M | ﹤0.01% |
657,800
-196,500
| -23% | -$5.83M |
|
1943
PUT
Royal Bank of Canada
RY
$300B
| $25.7M | ﹤0.01% |
174,600
+108,400
| +164% | +$14.9M |
|
1944
Moody's
MCO
$84B
| $25.7M | ﹤0.01% |
53,873
+23,091
| +75% | +$11.6M |
|
|
CCC
1945
CCC Intelligent Solutions
CCC
$4.1B
| $25.7M | ﹤0.01% |
2,816,315
+1,786,131
| +173% | +$17.3M |
|
1946
Berkshire Hathaway Class A
BRK.A
$1.08T
| $25.6M | ﹤0.01% |
34
-17
| -33% | -$12.4M |
|
|
HUYA
1947
PUT
Huya Inc
HUYA
$526M
| $25.6M | ﹤0.01% |
7,693,000
-594,600
| -7% | -$1.96M |
|
1948
CALL
Ecolab
ECL
$77.5B
| $25.6M | ﹤0.01% |
93,500
-112,700
| -55% | -$30.6M |
|
1949
TG Therapeutics
TGTX
$7.44B
| $25.6M | ﹤0.01% |
708,331
-499,823
| -41% | -$16.5M |
|
1950
CALL
Skyworks Solutions
SWKS
$10.4B
| $25.5M | ﹤0.01% |
331,400
-76,400
| -19% | -$5.69M |
|
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.