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 | |
|---|---|---|---|---|---|---|
1951
PUT
ATI
ATI
$31.1B
| $25.5M | ﹤0.01% |
313,500
+36,300
| +13% | +$2.94M |
|
|
ONC
1952
PUT
BeOne Medicines Ltd
ONC
$39.2B
| $25.5M | ﹤0.01% |
74,800
+62,600
| +513% | +$19M |
|
1953
CALL
Noble Corp
NE
$7.26B
| $25.4M | ﹤0.01% |
896,500
+75,800
| +9% | +$2.15M |
|
1954
PUT
Franco-Nevada
FNV
$45.3B
| $25.3M | ﹤0.01% |
113,500
-21,600
| -16% | -$3.89M |
|
1955
PUT
Tractor Supply
TSCO
$18.7B
| $25.3M | ﹤0.01% |
444,300
+217,700
| +96% | +$12.8M |
|
|
PTIR
1956
PUT
GraniteShares 2x Long PLTR Daily ETF
PTIR
$422M
| $25.3M | ﹤0.01% |
778,500
-355,500
| -31% | -$9.47M |
|
1957
CALL
Commault Systems
CVLT
$6.09B
| $25.2M | ﹤0.01% |
133,700
+53,300
| +66% | +$9.61M |
|
1958
CALL
Lincoln National
LNC
$8.72B
| $25.2M | ﹤0.01% |
625,800
+92,000
| +17% | +$3.56M |
|
1959
Alaska Air
ALK
$5.12B
| $25.2M | ﹤0.01% |
505,909
+222,498
| +79% | +$12.4M |
|
1960
CALL
Summit Therapeutics
SMMT
$10.7B
| $25.2M | ﹤0.01% |
1,218,500
+139,300
| +13% | +$3.38M |
|
1961
PUT
Krystal Biotech
KRYS
$9.78B
| $25.2M | ﹤0.01% |
142,500
+23,100
| +19% | +$3.46M |
|
1962
CALL
Clear Secure
YOU
$4.67B
| $25.1M | ﹤0.01% |
753,200
+353,200
| +88% | +$11.7M |
|
1963
PUT
Old Dominion Freight Line
ODFL
$43.7B
| $25.1M | ﹤0.01% |
178,300
+30,600
| +21% | +$4.68M |
|
1964
CALL
Groupon
GRPN
$869M
| $25.1M | ﹤0.01% |
1,074,800
-246,800
| -19% | -$7.1M |
|
|
ETH
1965
PUT
Grayscale Ethereum Staking Mini ETF Shares
ETH
$1.71B
| $25.1M | ﹤0.01% |
640,500
+561,600
| +712% | +$20.7M |
|
1966
CALL
ProShares Ultra S&P500
SSO
$8.46B
| $25M | ﹤0.01% |
446,400
+59,800
| +15% | +$3.12M |
|
1967
TMC The Metals Company
TMC
$1.72B
| $25M | ﹤0.01% |
3,925,990
+49,558
| +1% | +$297K |
|
1968
PUT
Coupang
CPNG
$28.8B
| $25M | ﹤0.01% |
776,400
-404,100
| -34% | -$12.2M |
|
1969
CALL
CMS Energy
CMS
$22.4B
| $25M | ﹤0.01% |
341,100
+313,900
| +1,154% | +$22.5M |
|
1970
PUT
Five Below
FIVE
$13.6B
| $25M | ﹤0.01% |
161,500
-236,500
| -59% | -$33.5M |
|
1971
CALL
ProShares UltraPro Short Dow 30
SDOW
$186M
| $25M | ﹤0.01% |
699,000
+305,000
| +77% | +$12M |
|
|
HOLX
1972
PUT
DELISTED
Hologic
HOLX
| $24.9M | ﹤0.01% |
369,400
+12,400
| +3% | +$823K |
|
1973
PUT
Booz Allen Hamilton
BAH
$9.32B
| $24.9M | ﹤0.01% |
249,300
-68,700
| -22% | -$7.34M |
|
1974
PUT
Global X Silver Miners ETF NEW
SIL
$4.79B
| $24.9M | ﹤0.01% |
347,200
+168,200
| +94% | +$9.43M |
|
1975
PUT
Dutch Bros
BROS
$9.11B
| $24.9M | ﹤0.01% |
475,100
-15,500
| -3% | -$980K |
|
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.