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 | |
|---|---|---|---|---|---|---|
251
CALL
Merck
MRK
$322B
| $520M | 0.06% |
6,198,500
+1,670,700
| +37% | +$138M |
|
|
ETHA
252
CALL
iShares Ethereum Trust ETF
ETHA
$5.53B
| $517M | 0.06% |
16,409,500
+13,088,300
| +394% | +$388M |
|
253
PUT
Freeport-McMoran
FCX
$99.7B
| $515M | 0.06% |
13,130,600
+6,259,500
| +91% | +$272M |
|
254
Oracle
ORCL
$432B
| $515M | 0.06% |
1,830,419
+1,356,290
| +286% | +$345M |
|
|
CRCL
255
CALL
Circle Internet Group
CRCL
$16.7B
| $512M | 0.06% |
3,859,100
+333,500
| +9% | +$52.8M |
|
256
CALL
CVS Health
CVS
$121B
| $506M | 0.06% |
6,706,700
+1,055,700
| +19% | +$72.4M |
|
257
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.58B
| $504M | 0.06% |
3,809,200
+133,700
| +4% | +$17.3M |
|
|
258
PUT
Merck
MRK
$322B
| $503M | 0.06% |
5,993,900
-429,500
| -7% | -$35.4M |
|
259
PUT
Lowe's Companies
LOW
$123B
| $503M | 0.06% |
1,999,800
+1,120,300
| +127% | +$275M |
|
260
PUT
Sea Limited
SE
$70B
| $501M | 0.06% |
2,804,800
+570,000
| +26% | +$97.7M |
|
261
CALL
Agnico Eagle Mines
AEM
$91.2B
| $501M | 0.06% |
2,971,800
+498,700
| +20% | +$68.5M |
|
262
CALL
United Parcel Service
UPS
$88.7B
| $501M | 0.06% |
5,994,500
+2,832,900
| +90% | +$257M |
|
263
CALL
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.32B
| $497M | 0.06% |
23,552,100
+7,155,700
| +44% | +$96.9M |
|
264
CALL
Rocket Lab Corp
RKLB
$50.5B
| $491M | 0.06% |
10,253,900
+2,860,800
| +39% | +$130M |
|
265
PUT
iShares MSCI Brazil ETF
EWZ
$8.91B
| $491M | 0.06% |
15,843,700
+9,286,700
| +142% | +$266M |
|
266
CALL
PepsiCo
PEP
$189B
| $491M | 0.06% |
3,493,000
-256,500
| -7% | -$36.6M |
|
267
PUT
Blackstone
BX
$111B
| $490M | 0.06% |
2,866,100
-713,600
| -20% | -$122M |
|
|
268
CALL
Lowe's Companies
LOW
$123B
| $488M | 0.06% |
1,943,400
+954,800
| +97% | +$235M |
|
269
CALL
AST SpaceMobile
ASTS
$20.8B
| $484M | 0.06% |
9,856,500
+2,324,800
| +31% | +$112M |
|
270
CALL
Procter & Gamble
PG
$339B
| $481M | 0.05% |
3,128,500
+682,100
| +28% | +$107M |
|
271
CALL
Coca-Cola
KO
$376B
| $480M | 0.05% |
7,240,500
-885,400
| -11% | -$60.9M |
|
272
Netflix
NFLX
$316B
| $478M | 0.05% |
3,990,120
+1,829,640
| +85% | +$223M |
|
273
CALL
Hims & Hers Health
HIMS
$7.39B
| $478M | 0.05% |
8,432,500
+149,700
| +2% | +$7.67M |
|
274
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$23B
| $477M | 0.05% |
13,699,900
-1,997,400
| -13% | -$55.6M |
|
275
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.69B
| $475M | 0.05% |
10,593,200
+10,067,800
| +1,916% | +$455M |
|
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.