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 | |
|---|---|---|---|---|---|---|
2026
PUT
IES Holdings
IESC
$15.1B
| $23.6M | ﹤0.01% |
59,400
+14,700
| +33% | +$5.06M |
|
|
ROBN
2027
CALL
T-Rex 2X Long HOOD Daily Target ETF
ROBN
$101M
| $23.6M | ﹤0.01% |
218,900
-20,300
| -8% | -$1.36M |
|
2028
CALL
Restaurant Brands International
QSR
$27.1B
| $23.6M | ﹤0.01% |
367,800
-62,600
| -15% | -$4.12M |
|
2029
iShares Emerging Markets Dividend ETF
DVYE
$1.21B
| $23.6M | ﹤0.01% |
793,647
-36,917
| -4% | -$1.09M |
|
2030
PUT
iShares MSCI China ETF
MCHI
$6.16B
| $23.5M | ﹤0.01% |
356,800
+163,800
| +85% | +$9.82M |
|
2031
CALL
Global Payments
GPN
$24.6B
| $23.5M | ﹤0.01% |
282,800
+90,000
| +47% | +$7.58M |
|
2032
CALL
Valaris
VAL
$5.95B
| $23.5M | ﹤0.01% |
481,600
+132,800
| +38% | +$6.48M |
|
|
EXAS
2033
PUT
DELISTED
Exact Sciences
EXAS
| $23.5M | ﹤0.01% |
428,800
-39,900
| -9% | -$1.99M |
|
2034
Baxter International
BAX
$13.8B
| $23.4M | ﹤0.01% |
1,029,588
+675,619
| +191% | +$17.1M |
|
2035
CALL
Calumet Specialty Products
CLMT
$4.19B
| $23.4M | ﹤0.01% |
1,281,400
+434,400
| +51% | +$7.15M |
|
2036
Modine Manufacturing
MOD
$11.1B
| $23.4M | ﹤0.01% |
164,433
-5,175
| -3% | -$658K |
|
2037
CALL
Corebridge Financial
CRBG
$15.4B
| $23.3M | ﹤0.01% |
727,500
+451,600
| +164% | +$15.4M |
|
2038
PUT
NetApp
NTAP
$40.6B
| $23.3M | ﹤0.01% |
196,400
+66,800
| +52% | +$7.47M |
|
2039
CALL
Boston Properties
BXP
$10.9B
| $23.3M | ﹤0.01% |
312,900
-18,000
| -5% | -$1.27M |
|
2040
Super Micro Computer
SMCI
$25.8B
| $23.2M | ﹤0.01% |
484,886
-1,209,529
| -71% | -$57.8M |
|
|
2041
CALL
Modine Manufacturing
MOD
$11.1B
| $23.2M | ﹤0.01% |
163,500
-14,100
| -8% | -$1.79M |
|
2042
VanEck Oil Services ETF
OIH
$2B
| $23.2M | ﹤0.01% |
89,427
+47,459
| +113% | +$11.8M |
|
2043
CALL
Ascendis Pharma A/S
ASND
$16.3B
| $23.2M | ﹤0.01% |
116,900
+71,200
| +156% | +$13.3M |
|
2044
PUT
Banco Macro
BMA
$4.96B
| $23.2M | ﹤0.01% |
549,500
+259,100
| +89% | +$15.8M |
|
2045
PUT
STMicroelectronics
STM
$48.5B
| $23.2M | ﹤0.01% |
822,100
-297,000
| -27% | -$8.3M |
|
2046
Edison International
EIX
$27.5B
| $23.2M | ﹤0.01% |
419,801
-191,821
| -31% | -$10.3M |
|
|
BNY
2047
Bank of New York Mellon
BNY
$111B
| $23.2M | ﹤0.01% |
212,871
+101,264
| +91% | +$10.3M |
|
2048
iShares MSCI Emerging Markets ETF
EEM
$30.5B
| $23.2M | ﹤0.01% |
434,028
-402,012
| -48% | -$20.2M |
|
2049
CALL
TripAdvisor
TRIP
$1.26B
| $23.2M | ﹤0.01% |
1,424,400
-66,500
| -4% | -$1.16M |
|
2050
Align Technology
ALGN
$12.9B
| $23.1M | ﹤0.01% |
184,807
+28,080
| +18% | +$4.4M |
|
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.