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 | |
|---|---|---|---|---|---|---|
|
GLXY
2776
Galaxy Digital Inc
GLXY
$4.21B
| $12.3M | ﹤0.01% |
362,932
+114,118
| +46% | +$3.08M |
|
2777
PUT
Howard Hughes
HHH
$3.98B
| $12.3M | ﹤0.01% |
149,300
+12,700
| +9% | +$941K |
|
2778
Builders FirstSource
BLDR
$7.8B
| $12.3M | ﹤0.01% |
101,074
-59,851
| -37% | -$7.94M |
|
2779
Cardinal Health
CAH
$54.7B
| $12.3M | ﹤0.01% |
78,069
+11,251
| +17% | +$1.74M |
|
2780
PUT
Ascendis Pharma A/S
ASND
$16.3B
| $12.2M | ﹤0.01% |
61,600
+39,900
| +184% | +$7.44M |
|
2781
PUT
SS&C Technologies
SSNC
$19.1B
| $12.2M | ﹤0.01% |
+137,800
| New | +$11.9M |
|
2782
CALL
ProShares Ultra Bloomberg Crude Oil
UCO
$430M
| $12.2M | ﹤0.01% |
543,400
+20,200
| +4% | +$474K |
|
2783
PUT
Qorvo
QRVO
$8.66B
| $12.2M | ﹤0.01% |
134,100
-102,500
| -43% | -$9.13M |
|
|
HSAI
2784
PUT
Hesai Group
HSAI
$2.86B
| $12.2M | ﹤0.01% |
434,500
+372,600
| +602% | +$9.12M |
|
2785
CALL
Logitech
LOGI
$14.8B
| $12.2M | ﹤0.01% |
111,300
-64,700
| -37% | -$6.5M |
|
2786
State Street SPDR S&P Homebuilders ETF
XHB
$1.59B
| $12.2M | ﹤0.01% |
110,144
+63,360
| +135% | +$6.95M |
|
2787
PUT
Legend Biotech
LEGN
$3.95B
| $12.2M | ﹤0.01% |
374,200
+196,400
| +110% | +$7.25M |
|
2788
CALL
Antero Midstream
AM
$10.7B
| $12.2M | ﹤0.01% |
627,500
-222,500
| -26% | -$4.02M |
|
2789
NewMarket
NEU
$8.85B
| $12.2M | ﹤0.01% |
14,727
+8,812
| +149% | +$6.79M |
|
2790
PUT
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$228M
| $12.1M | ﹤0.01% |
211,000
-232,800
| -52% | -$10.9M |
|
2791
PUT
Dover
DOV
$27.9B
| $12.1M | ﹤0.01% |
72,700
-10,300
| -12% | -$1.85M |
|
2792
Xylem
XYL
$27.9B
| $12.1M | ﹤0.01% |
82,207
-4,444
| -5% | -$616K |
|
2793
PUT
Canadian National Railway
CNI
$76.7B
| $12.1M | ﹤0.01% |
128,400
+42,600
| +50% | +$4.11M |
|
2794
DexCom
DXCM
$33.9B
| $12.1M | ﹤0.01% |
179,938
+100,280
| +126% | +$7.94M |
|
2795
PUT
Carpenter Technology
CRS
$27.1B
| $12.1M | ﹤0.01% |
49,300
-27,500
| -36% | -$7.03M |
|
2796
PUT
Saia
SAIA
$10.3B
| $12.1M | ﹤0.01% |
40,400
-27,900
| -41% | -$8.42M |
|
2797
Kraft Heinz
KHC
$30.3B
| $12.1M | ﹤0.01% |
463,836
-746,032
| -62% | -$20.3M |
|
2798
NetEase
NTES
$80.1B
| $12.1M | ﹤0.01% |
79,467
-123,376
| -61% | -$17M |
|
2799
PUT
Manchester United
MANU
$4.17B
| $12.1M | ﹤0.01% |
797,700
+722,700
| +964% | +$12.3M |
|
|
EFOR
2800
CALL
Everforth Inc
EFOR
$1.3B
| $12.1M | ﹤0.01% |
+255,000
| New | +$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.