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 | |
|---|---|---|---|---|---|---|
2526
CALL
W.P. Carey
WPC
$16.3B
| $14.6M | ﹤0.01% |
216,800
-85,800
| -28% | -$5.62M |
|
2527
CALL
Rush Street Interactive
RSI
$2.93B
| $14.6M | ﹤0.01% |
715,200
+478,700
| +202% | +$9.03M |
|
2528
Trevi Therapeutics
TRVI
$2.61B
| $14.6M | ﹤0.01% |
1,600,742
+1,473,157
| +1,155% | +$11M |
|
2529
CALL
Watsco Inc
WSO
$12.8B
| $14.6M | ﹤0.01% |
36,200
-1,100
| -3% | -$470K |
|
2530
PUT
Sphere Entertainment
SPHR
$6.15B
| $14.6M | ﹤0.01% |
235,600
+47,600
| +25% | +$2.25M |
|
2531
CALL
STMicroelectronics
STM
$48.3B
| $14.6M | ﹤0.01% |
517,400
-856,100
| -62% | -$23.9M |
|
2532
Cognex
CGNX
$10.9B
| $14.6M | ﹤0.01% |
322,443
+301,216
| +1,419% | +$12.2M |
|
2533
CALL
Alphatec Holdings
ATEC
$1.52B
| $14.6M | ﹤0.01% |
1,004,100
+204,100
| +26% | +$2.84M |
|
2534
PUT
Aramark
ARMK
$16.3B
| $14.6M | ﹤0.01% |
379,900
+79,000
| +26% | +$3.2M |
|
2535
Brinker International
EAT
$10.1B
| $14.6M | ﹤0.01% |
115,134
+18,785
| +19% | +$2.93M |
|
2536
PUT
Huntington Ingalls Industries
HII
$12.9B
| $14.6M | ﹤0.01% |
50,600
+14,500
| +40% | +$3.86M |
|
2537
CALL
Repligen
RGEN
$9.43B
| $14.6M | ﹤0.01% |
108,900
+90,000
| +476% | +$10.9M |
|
2538
Ulta Beauty
ULTA
$21.9B
| $14.5M | ﹤0.01% |
26,598
-2,462
| -8% | -$1.26M |
|
2539
KraneShares Public-Private Emerging Markets Internet and Technology ETF
KEMQ
$26.4M
| $14.5M | ﹤0.01% |
551,232
-1,039
| -0.2% | -$24.6K |
|
2540
Occidental Petroleum Corp Warrants
OXY.WS
$34.4B
| $14.5M | ﹤0.01% |
569,248
+12,354
| +2% | +$288K |
|
2541
Indivior Pharmaceuticals
INDV
$4.58B
| $14.5M | ﹤0.01% |
602,063
+115,176
| +24% | +$2.41M |
|
2542
iShares US Real Estate ETF
IYR
$4.59B
| $14.5M | ﹤0.01% |
149,425
+66,531
| +80% | +$6.4M |
|
2543
PUT
PACCAR
PCAR
$68.8B
| $14.5M | ﹤0.01% |
147,300
-112,300
| -43% | -$11.1M |
|
2544
Truist Financial
TFC
$64.7B
| $14.5M | ﹤0.01% |
316,503
-431,668
| -58% | -$19.5M |
|
2545
PUT
Omega Healthcare
OHI
$14.1B
| $14.5M | ﹤0.01% |
342,700
-109,500
| -24% | -$4.42M |
|
2546
PUT
Jefferies Financial Group
JEF
$12.7B
| $14.5M | ﹤0.01% |
221,100
+51,800
| +31% | +$3.16M |
|
2547
CALL
Impinj
PI
$5.24B
| $14.5M | ﹤0.01% |
80,000
+22,100
| +38% | +$3.48M |
|
2548
CALL
Sanmina
SANM
$11.2B
| $14.5M | ﹤0.01% |
125,600
-88,200
| -41% | -$9.92M |
|
2549
PUT
Thor Industries
THO
$4.1B
| $14.5M | ﹤0.01% |
139,400
-114,100
| -45% | -$11.5M |
|
2550
PUT
Sweetgreen
SG
$730M
| $14.5M | ﹤0.01% |
1,810,800
+867,400
| +92% | +$9.43M |
|
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.