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 | |
|---|---|---|---|---|---|---|
2051
CALL
Toyota
TM
$226B
| $23.1M | ﹤0.01% |
121,000
-47,300
| -28% | -$8.92M |
|
|
SERV
2052
PUT
Serve Robotics
SERV
$433M
| $23.1M | ﹤0.01% |
1,985,900
+1,438,100
| +263% | +$15.8M |
|
|
MRSH
2053
Marsh
MRSH
$89.6B
| $23.1M | ﹤0.01% |
114,525
-23,171
| -17% | -$4.77M |
|
2054
PUT
Mobileye
MBLY
$7.58B
| $23M | ﹤0.01% |
1,631,400
-370,300
| -18% | -$5.51M |
|
2055
Northrop Grumman
NOC
$83.2B
| $23M | ﹤0.01% |
37,805
+2,354
| +7% | +$1.33M |
|
2056
CALL
Western Midstream Partners
WES
$20.2B
| $23M | ﹤0.01% |
585,300
+209,900
| +56% | +$8.19M |
|
2057
CALL
Ormat Technologies
ORA
$7.06B
| $23M | ﹤0.01% |
238,900
-170,000
| -42% | -$15.3M |
|
2058
CALL
Roper Technologies
ROP
$39.5B
| $22.9M | ﹤0.01% |
46,000
-12,200
| -21% | -$6.51M |
|
|
SQNS
2059
CALL
Sequans Communications SA
SQNS
$45.3M
| $22.9M | ﹤0.01% |
+2,424,300
| New | +$37.1M |
|
2060
Parker-Hannifin
PH
$133B
| $22.9M | ﹤0.01% |
30,215
-6,209
| -17% | -$4.58M |
|
2061
CALL
ATI
ATI
$31.1B
| $22.9M | ﹤0.01% |
281,400
-8,000
| -3% | -$648K |
|
2062
CALL
SEALSQ Corp
LAES
$671M
| $22.9M | ﹤0.01% |
6,117,800
+5,357,300
| +704% | +$17.3M |
|
2063
CALL
Vanguard Real Estate ETF
VNQ
$39.2B
| $22.9M | ﹤0.01% |
250,100
+11,600
| +5% | +$1.05M |
|
|
GAP
2064
CALL
The Gap Inc
GAP
$7.42B
| $22.9M | ﹤0.01% |
1,068,800
-567,200
| -35% | -$12.3M |
|
2065
PUT
Entergy
ETR
$50.3B
| $22.8M | ﹤0.01% |
245,100
-87,000
| -26% | -$7.65M |
|
2066
PUT
Mettler-Toledo International
MTD
$28.4B
| $22.8M | ﹤0.01% |
18,600
+3,200
| +21% | +$4.01M |
|
2067
CALL
Gartner
IT
$11.4B
| $22.8M | ﹤0.01% |
86,800
-46,900
| -35% | -$13.7M |
|
2068
PUT
Molina Healthcare
MOH
$11.1B
| $22.8M | ﹤0.01% |
119,000
+83,400
| +234% | +$15.4M |
|
2069
CALL
Plains GP Holdings
PAGP
$5.11B
| $22.8M | ﹤0.01% |
1,247,700
-405,400
| -25% | -$7.74M |
|
2070
PUT
KE Holdings
BEKE
$18.8B
| $22.7M | ﹤0.01% |
1,196,600
-758,000
| -39% | -$14.2M |
|
2071
CALL
BCE
BCE
$21.9B
| $22.7M | ﹤0.01% |
972,000
+340,400
| +54% | +$8.2M |
|
2072
PUT
Copa Holdings
CPA
$6.14B
| $22.7M | ﹤0.01% |
191,300
+81,000
| +73% | +$9.27M |
|
2073
PureCycle Technologies
PCT
$1.4B
| $22.7M | ﹤0.01% |
1,725,384
+306,174
| +22% | +$4.25M |
|
2074
Becton Dickinson
BDX
$50B
| $22.7M | ﹤0.01% |
121,087
-65,108
| -35% | -$12.1M |
|
2075
CALL
Republic Services
RSG
$65.7B
| $22.6M | ﹤0.01% |
98,700
-7,500
| -7% | -$1.76M |
|
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.