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 | |
|---|---|---|---|---|---|---|
2751
Union Pacific
UNP
$174B
| $12.5M | ﹤0.01% |
53,074
-111,942
| -68% | -$25.2M |
|
2752
CALL
Solventum
SOLV
$15.1B
| $12.5M | ﹤0.01% |
171,800
+51,800
| +43% | +$3.8M |
|
2753
CALL
ArcelorMittal
MT
$55.7B
| $12.5M | ﹤0.01% |
346,900
-128,200
| -27% | -$4.32M |
|
2754
Johnson Controls International
JCI
$93.1B
| $12.5M | ﹤0.01% |
114,042
-2,650
| -2% | -$283K |
|
2755
Raymond James Financial
RJF
$34.8B
| $12.5M | ﹤0.01% |
72,646
+37,982
| +110% | +$6.29M |
|
2756
PUT
GraniteShares 2x Long COIN Daily ETF
CONL
$402M
| $12.5M | ﹤0.01% |
334,600
+215,700
| +181% | +$8.83M |
|
2757
CALL
Tilray
TLRY
$636M
| $12.5M | ﹤0.01% |
723,020
+554,460
| +329% | +$5.3M |
|
|
SEI
2758
CALL
Solaris Energy Infrastructure
SEI
$4.17B
| $12.5M | ﹤0.01% |
311,700
+115,100
| +59% | +$3.6M |
|
2759
CALL
Direxion Daily GOOGL Bull 2X ETF
GGLL
$954M
| $12.5M | ﹤0.01% |
197,200
+58,700
| +42% | +$2.85M |
|
2760
Exelon
EXC
$47.2B
| $12.4M | ﹤0.01% |
276,380
-451,490
| -62% | -$19.8M |
|
2761
CALL
Group 1 Automotive
GPI
$3.15B
| $12.4M | ﹤0.01% |
28,400
+3,900
| +16% | +$1.75M |
|
2762
CALL
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.74B
| $12.4M | ﹤0.01% |
160,000
+44,200
| +38% | +$3.36M |
|
2763
Intercontinental Exchange
ICE
$86.9B
| $12.4M | ﹤0.01% |
73,711
-66,669
| -47% | -$11.9M |
|
2764
PUT
PureCycle Technologies
PCT
$1.4B
| $12.4M | ﹤0.01% |
944,300
+315,200
| +50% | +$4.38M |
|
2765
PUT
AerCap
AER
$24B
| $12.4M | ﹤0.01% |
102,400
-2,000
| -2% | -$233K |
|
2766
CALL
ProShares Ultra Semiconductors
USD
$2.96B
| $12.4M | ﹤0.01% |
250,200
+78,800
| +46% | +$3.41M |
|
2767
CALL
Aramark
ARMK
$16.4B
| $12.3M | ﹤0.01% |
321,400
+127,400
| +66% | +$5.16M |
|
2768
CALL
Tradeweb Markets
TW
$22.4B
| $12.3M | ﹤0.01% |
111,100
-28,800
| -21% | -$3.7M |
|
2769
CALL
Matador Resources
MTDR
$6.64B
| $12.3M | ﹤0.01% |
274,300
-133,800
| -33% | -$6.53M |
|
2770
iShares Biotechnology ETF
IBB
$9.73B
| $12.3M | ﹤0.01% |
85,262
+21,389
| +33% | +$2.92M |
|
2771
White Mountains Insurance
WTM
$5.1B
| $12.3M | ﹤0.01% |
7,360
+7,072
| +2,456% | +$12.6M |
|
2772
PUT
VICI Properties
VICI
$29B
| $12.3M | ﹤0.01% |
377,200
-70,300
| -16% | -$2.32M |
|
2773
iShares Core International Aggregate Bond Fund
IAGG
$11.4B
| $12.3M | ﹤0.01% |
240,002
+229,941
| +2,285% | +$11.8M |
|
2774
Jack Henry & Associates
JKHY
$10.9B
| $12.3M | ﹤0.01% |
82,532
+74,578
| +938% | +$12.4M |
|
2775
CALL
Guidewire Software
GWRE
$14.6B
| $12.3M | ﹤0.01% |
53,400
-17,500
| -25% | -$3.98M |
|
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.