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 | |
|---|---|---|---|---|---|---|
2101
PUT
Infosys
INFY
$49B
| $22M | ﹤0.01% |
1,352,300
+1,295,900
| +2,298% | +$22.3M |
|
2102
PUT
Restaurant Brands International
QSR
$27.1B
| $22M | ﹤0.01% |
342,600
+154,700
| +82% | +$10.2M |
|
2103
PUT
Corteva
CTVA
$51.2B
| $22M | ﹤0.01% |
324,600
+12,200
| +4% | +$884K |
|
2104
PUT
PPG Industries
PPG
$25.4B
| $21.9M | ﹤0.01% |
208,700
-14,700
| -7% | -$1.63M |
|
2105
CALL
SentinelOne
S
$7.92B
| $21.9M | ﹤0.01% |
1,243,700
-559,400
| -31% | -$10M |
|
2106
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.72B
| $21.9M | ﹤0.01% |
165,542
-95,893
| -37% | -$12.4M |
|
|
SERV
2107
CALL
Serve Robotics
SERV
$433M
| $21.9M | ﹤0.01% |
1,879,500
+1,156,900
| +160% | +$12.7M |
|
2108
CALL
Texas Roadhouse
TXRH
$13.6B
| $21.8M | ﹤0.01% |
131,500
+51,700
| +65% | +$9.11M |
|
|
GAP
2109
The Gap Inc
GAP
$7.42B
| $21.8M | ﹤0.01% |
1,020,940
+705,511
| +224% | +$15.3M |
|
2110
CleanSpark
CLSK
$3.1B
| $21.8M | ﹤0.01% |
1,505,947
-912,619
| -38% | -$10.3M |
|
2111
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $21.8M | ﹤0.01% |
646,200
+41,100
| +7% | +$1.46M |
|
2112
CALL
West Pharmaceutical
WST
$24.6B
| $21.8M | ﹤0.01% |
83,100
-45,500
| -35% | -$11.1M |
|
2113
CALL
Birkenstock
BIRK
$7.24B
| $21.8M | ﹤0.01% |
481,300
+223,700
| +87% | +$10.9M |
|
2114
JPMorgan Global Select Equity ETF
JGLO
$6.84B
| $21.8M | ﹤0.01% |
321,172
+132,825
| +71% | +$8.78M |
|
2115
PUT
Bunge Global
BG
$21.8B
| $21.7M | ﹤0.01% |
267,600
+77,800
| +41% | +$6.24M |
|
2116
PUT
LPL Financial
LPLA
$29.2B
| $21.7M | ﹤0.01% |
65,300
+37,200
| +132% | +$13.5M |
|
2117
iShares Russell 1000 ETF
IWB
$50.4B
| $21.7M | ﹤0.01% |
59,426
+4,657
| +9% | +$1.64M |
|
2118
PUT
Modine Manufacturing
MOD
$11.1B
| $21.7M | ﹤0.01% |
152,500
+19,600
| +15% | +$2.49M |
|
2119
Harrow
HROW
$1.5B
| $21.6M | ﹤0.01% |
448,947
+235,038
| +110% | +$8.85M |
|
2120
PG&E
PCG
$39.3B
| $21.5M | ﹤0.01% |
1,427,930
-3,310,147
| -70% | -$48.3M |
|
2121
PUT
Tencent Music
TME
$14.5B
| $21.5M | ﹤0.01% |
922,500
+244,500
| +36% | +$5.67M |
|
2122
CALL
Indivior Pharmaceuticals
INDV
$4.6B
| $21.5M | ﹤0.01% |
892,800
+856,800
| +2,380% | +$17.9M |
|
2123
PUT
Sarepta Therapeutics
SRPT
$1.91B
| $21.5M | ﹤0.01% |
1,116,200
+532,100
| +91% | +$9.49M |
|
2124
PUT
InterDigital
IDCC
$8.87B
| $21.5M | ﹤0.01% |
62,300
+21,400
| +52% | +$5.81M |
|
2125
CALL
CBRE Group
CBRE
$44.3B
| $21.5M | ﹤0.01% |
136,400
+33,000
| +32% | +$5.1M |
|
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.