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 | |
|---|---|---|---|---|---|---|
2801
Toll Brothers
TOL
$13.9B
| $12.1M | ﹤0.01% |
87,261
-80,075
| -48% | -$10.5M |
|
2802
CALL
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.9M
| $12.1M | ﹤0.01% |
163,600
+61,900
| +61% | +$3.95M |
|
2803
CALL
United States Antimony
UAMY
$825M
| $12M | ﹤0.01% |
1,942,700
+1,496,300
| +335% | +$6.25M |
|
2804
CALL
Qorvo
QRVO
$8.66B
| $12M | ﹤0.01% |
132,200
-45,600
| -26% | -$4.06M |
|
2805
Lazard
LAZ
$4.35B
| $12M | ﹤0.01% |
227,929
-77,039
| -25% | -$4.15M |
|
2806
Fluence Energy
FLNC
$2.43B
| $12M | ﹤0.01% |
1,110,758
+86,368
| +8% | +$722K |
|
2807
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $12M | ﹤0.01% |
40,296
+34,001
| +540% | +$9.82M |
|
2808
Williams Companies
WMB
$92B
| $12M | ﹤0.01% |
189,172
-700,542
| -79% | -$41.1M |
|
2809
Curtiss-Wright
CW
$25.8B
| $12M | ﹤0.01% |
22,066
+16,562
| +301% | +$8.16M |
|
2810
BILL Holdings
BILL
$4.96B
| $12M | ﹤0.01% |
225,776
-194,645
| -46% | -$9.04M |
|
2811
PUT
Synchrony
SYF
$26.4B
| $11.9M | ﹤0.01% |
167,900
-149,500
| -47% | -$10.8M |
|
2812
State Street Industrial Select Sector SPDR ETF
XLI
$34.8B
| $11.9M | ﹤0.01% |
77,300
+18,932
| +32% | +$2.87M |
|
2813
Cummins
CMI
$86.9B
| $11.9M | ﹤0.01% |
28,212
-358
| -1% | -$137K |
|
2814
MasTec
MTZ
$23.9B
| $11.9M | ﹤0.01% |
55,980
+46,774
| +508% | +$8.57M |
|
2815
Birkenstock
BIRK
$7.24B
| $11.9M | ﹤0.01% |
263,024
+96,592
| +58% | +$4.73M |
|
2816
YieldMax NVDA Option Income Strategy ETF
NVDY
$1.47B
| $11.9M | ﹤0.01% |
708,441
+248,612
| +54% | +$4.2M |
|
2817
PUT
OneMain Financial
OMF
$7.56B
| $11.9M | ﹤0.01% |
210,500
-31,400
| -13% | -$1.85M |
|
|
CFLT
2818
DELISTED
Confluent
CFLT
| $11.9M | ﹤0.01% |
600,014
+493,332
| +462% | +$10.3M |
|
|
BBBY
2819
CALL
Bed Bath & Beyond
BBBY
$415M
| $11.9M | ﹤0.01% |
1,334,740
+547,140
| +69% | +$4.52M |
|
2820
Equinix
EQIX
$109B
| $11.9M | ﹤0.01% |
15,160
-9,818
| -39% | -$7.67M |
|
2821
CALL
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$228M
| $11.9M | ﹤0.01% |
206,300
-531,600
| -72% | -$24.8M |
|
2822
CALL
Upwork
UPWK
$1.06B
| $11.9M | ﹤0.01% |
639,200
+606,200
| +1,837% | +$9.03M |
|
2823
CALL
Royalty Pharma
RPRX
$26.1B
| $11.9M | ﹤0.01% |
336,200
-111,100
| -25% | -$4.02M |
|
2824
CALL
Dynatrace
DT
$14.2B
| $11.8M | ﹤0.01% |
244,500
+93,100
| +61% | +$4.71M |
|
2825
PUT
FIVE9
FIVN
$2.47B
| $11.8M | ﹤0.01% |
489,500
+24,600
| +5% | +$650K |
|
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.