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 | |
|---|---|---|---|---|---|---|
2676
uniQure
QURE
$3.37B
| $13.2M | ﹤0.01% |
225,540
+177,257
| +367% | +$3.22M |
|
2677
CALL
BorgWarner
BWA
$14B
| $13.2M | ﹤0.01% |
299,400
+74,700
| +33% | +$2.99M |
|
2678
PUT
Badger Meter
BMI
$3.79B
| $13.2M | ﹤0.01% |
73,700
+70,500
| +2,203% | +$13.9M |
|
2679
Illinois Tool Works
ITW
$82.8B
| $13.2M | ﹤0.01% |
50,471
+7,586
| +18% | +$1.98M |
|
|
VNET
2680
CALL
VNET Group
VNET
$2.16B
| $13.2M | ﹤0.01% |
1,273,700
+816,600
| +179% | +$6.88M |
|
2681
CALL
Tidewater
TDW
$4.69B
| $13.2M | ﹤0.01% |
246,700
-10,600
| -4% | -$581K |
|
2682
PUT
Incyte
INCY
$24.4B
| $13.2M | ﹤0.01% |
155,100
-3,300
| -2% | -$261K |
|
2683
Welltower
WELL
$170B
| $13.2M | ﹤0.01% |
73,822
-616,058
| -89% | -$101M |
|
2684
Amkor Technology
AMKR
$14.7B
| $13.1M | ﹤0.01% |
462,904
+213,184
| +85% | +$5.13M |
|
2685
PUT
Harley-Davidson
HOG
$2.89B
| $13.1M | ﹤0.01% |
471,100
+150,100
| +47% | +$4.03M |
|
|
FRMM
2686
CALL
Forum Markets
FRMM
$80.4M
| $13.1M | ﹤0.01% |
+545,360
| New | +$16.3M |
|
2687
Eversource Energy
ES
$27.2B
| $13.1M | ﹤0.01% |
184,711
+101,429
| +122% | +$6.65M |
|
2688
CALL
Mid-America Apartment Communities
MAA
$15.5B
| $13.1M | ﹤0.01% |
93,900
+48,700
| +108% | +$7.04M |
|
2689
Ferrovial N.V. Ordinary Shares
FER
$46.2B
| $13.1M | ﹤0.01% |
225,859
+213,256
| +1,692% | +$11.5M |
|
2690
Ambarella
AMBA
$3.6B
| $13.1M | ﹤0.01% |
158,846
-1,013
| -0.6% | -$73.6K |
|
2691
PUT
Roivant Sciences
ROIV
$26.1B
| $13.1M | ﹤0.01% |
865,700
+437,700
| +102% | +$5.42M |
|
2692
CALL
AMC Entertainment Holdings
AMC
$2.23B
| $13.1M | ﹤0.01% |
4,511,400
-743,900
| -14% | -$2.21M |
|
|
ETOR
2693
PUT
eToro Group
ETOR
$2.27B
| $13.1M | ﹤0.01% |
316,800
+205,200
| +184% | +$10.6M |
|
2694
CALL
abrdn Physical Palladium Shares ETF
PALL
$651M
| $13.1M | ﹤0.01% |
+572,500
| New | +$12.3M |
|
2695
CALL
McCormick & Company Non-Voting
MKC
$14.7B
| $13.1M | ﹤0.01% |
195,200
+78,800
| +68% | +$5.52M |
|
2696
Caesars Entertainment
CZR
$6.06B
| $13.1M | ﹤0.01% |
483,265
-2,511
| -0.5% | -$68K |
|
2697
Invesco China Technology ETF
CQQQ
$3.18B
| $13.1M | ﹤0.01% |
+221,263
| New | +$11.1M |
|
2698
PUT
Lumen
LUMN
$6.93B
| $13M | ﹤0.01% |
2,132,300
+812,400
| +62% | +$3.9M |
|
2699
PUT
JetBlue
JBLU
$2.13B
| $13M | ﹤0.01% |
2,652,300
-323,800
| -11% | -$1.56M |
|
2700
CALL
Bitwise Bitcoin ETF
BITB
$2.41B
| $13M | ﹤0.01% |
209,600
+66,300
| +46% | +$4.13M |
|
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.