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 | |
|---|---|---|---|---|---|---|
2501
CALL
Cognex
CGNX
$10.9B
| $15.1M | ﹤0.01% |
334,300
+290,500
| +663% | +$11.8M |
|
2502
CALL
iQIYI
IQ
$1.29B
| $15.1M | ﹤0.01% |
5,909,100
+1,848,700
| +46% | +$4.09M |
|
2503
PUT
Targa Resources
TRGP
$59.2B
| $15.1M | ﹤0.01% |
90,000
-3,000
| -3% | -$500K |
|
2504
CALL
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.43B
| $15.1M | ﹤0.01% |
14,576
+908
| +7% | +$1.25M |
|
2505
SiriusXM
SIRI
$9.51B
| $15.1M | ﹤0.01% |
647,105
-168,977
| -21% | -$3.91M |
|
2506
Campbell Soup
CPB
$6.91B
| $15M | ﹤0.01% |
476,424
-29,991
| -6% | -$969K |
|
2507
CALL
Limbach Holdings
LMB
$542M
| $15M | ﹤0.01% |
154,800
-39,100
| -20% | -$4.71M |
|
2508
Southern Company
SO
$107B
| $15M | ﹤0.01% |
158,490
-15,595
| -9% | -$1.46M |
|
|
YALA
2509
Yalla Group
YALA
$824M
| $15M | ﹤0.01% |
2,000,000
| – | – |
|
2510
CALL
Packaging Corp of America
PKG
$22.8B
| $15M | ﹤0.01% |
68,900
-6,800
| -9% | -$1.4M |
|
2511
CALL
Transocean
RIG
$6.46B
| $15M | ﹤0.01% |
4,811,200
+937,800
| +24% | +$2.83M |
|
2512
EOG Resources
EOG
$74.9B
| $15M | ﹤0.01% |
133,835
-65,141
| -33% | -$7.77M |
|
2513
Jabil
JBL
$38B
| $14.9M | ﹤0.01% |
68,795
+47,325
| +220% | +$10.3M |
|
2514
Eaton
ETN
$176B
| $14.9M | ﹤0.01% |
39,753
-25,125
| -39% | -$9.14M |
|
2515
Diageo
DEO
$53B
| $14.8M | ﹤0.01% |
155,233
+132,780
| +591% | +$13.9M |
|
2516
CarMax
KMX
$8.46B
| $14.8M | ﹤0.01% |
329,992
+238,478
| +261% | +$14.2M |
|
2517
Tradeweb Markets
TW
$22.4B
| $14.8M | ﹤0.01% |
133,408
+38,000
| +40% | +$4.88M |
|
2518
PUT
Owens Corning
OC
$12.1B
| $14.8M | ﹤0.01% |
104,600
+42,200
| +68% | +$6.19M |
|
2519
CALL
Vail Resorts
MTN
$5.3B
| $14.8M | ﹤0.01% |
98,800
+11,800
| +14% | +$1.83M |
|
2520
PUT
MarketAxess Holdings
MKTX
$5.72B
| $14.8M | ﹤0.01% |
84,800
+61,200
| +259% | +$12M |
|
2521
PUT
EPAM Systems
EPAM
$5.18B
| $14.8M | ﹤0.01% |
97,900
-24,600
| -20% | -$4.04M |
|
2522
Wayfair
W
$14B
| $14.7M | ﹤0.01% |
164,932
-118,265
| -42% | -$8.66M |
|
2523
Dow Inc
DOW
$22.4B
| $14.7M | ﹤0.01% |
640,603
-238,160
| -27% | -$5.93M |
|
2524
PUT
Hormel Foods
HRL
$13.5B
| $14.7M | ﹤0.01% |
593,500
+410,300
| +224% | +$11.4M |
|
2525
Factset
FDS
$10B
| $14.7M | ﹤0.01% |
51,207
+38,975
| +319% | +$14.9M |
|
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.