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 | |
|---|---|---|---|---|---|---|
2951
CALL
Agios Pharmaceuticals
AGIO
$2B
| $10.7M | ﹤0.01% |
267,300
+207,300
| +346% | +$7.8M |
|
2952
Crinetics Pharmaceuticals
CRNX
$8.99B
| $10.7M | ﹤0.01% |
257,505
+129,841
| +102% | +$4.15M |
|
2953
CALL
iShares S&P 500 Value ETF
IVE
$50.3B
| $10.7M | ﹤0.01% |
51,900
-31,200
| -38% | -$6.27M |
|
2954
CALL
PVH
PVH
$3.8B
| $10.7M | ﹤0.01% |
127,900
-72,600
| -36% | -$5.7M |
|
|
SW
2955
CALL
Smurfit Westrock
SW
$25.8B
| $10.7M | ﹤0.01% |
251,500
+22,800
| +10% | +$1.03M |
|
2956
CALL
Vodafone
VOD
$37.9B
| $10.7M | ﹤0.01% |
922,900
+146,300
| +19% | +$1.67M |
|
2957
CALL
Madison Square Garden
MSGS
$9.8B
| $10.7M | ﹤0.01% |
47,100
+17,100
| +57% | +$3.51M |
|
2958
Casella Waste Systems
CWST
$5.77B
| $10.7M | ﹤0.01% |
112,685
+11,798
| +12% | +$1.19M |
|
2959
PUT
Revolution Medicines
RVMD
$43.7B
| $10.7M | ﹤0.01% |
228,300
+114,900
| +101% | +$4.5M |
|
2960
CALL
Diageo
DEO
$53.1B
| $10.7M | ﹤0.01% |
111,700
+19,400
| +21% | +$2.04M |
|
|
VSXY
2961
PUT
Victoria's Secret
VSXY
$7.08B
| $10.7M | ﹤0.01% |
392,500
-374,600
| -49% | -$8.41M |
|
2962
VSE Corp
VSEC
$6.79B
| $10.6M | ﹤0.01% |
64,056
-10,297
| -14% | -$1.57M |
|
|
DFDV
2963
CALL
DeFi Development Corp
DFDV
$92.5M
| $10.6M | ﹤0.01% |
764,940
+629,090
| +463% | +$10.5M |
|
2964
CALL
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $10.6M | ﹤0.01% |
186,400
+165,300
| +783% | +$9.39M |
|
|
OS
2965
DELISTED
OneStream Inc
OS
| $10.6M | ﹤0.01% |
577,468
+564,967
| +4,519% | +$12.4M |
|
2966
BorgWarner
BWA
$14B
| $10.6M | ﹤0.01% |
242,081
+234,510
| +3,097% | +$9.37M |
|
|
APLS
2967
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $10.6M | ﹤0.01% |
469,000
-47,800
| -9% | -$1.11M |
|
2968
Live Nation Entertainment
LYV
$43.9B
| $10.6M | ﹤0.01% |
64,938
-4,169
| -6% | -$659K |
|
2969
CALL
Planet Fitness
PLNT
$3.8B
| $10.6M | ﹤0.01% |
102,200
-41,900
| -29% | -$4.45M |
|
2970
CALL
Clover Health Investments
CLOV
$2.44B
| $10.6M | ﹤0.01% |
3,463,600
+2,401,100
| +226% | +$6.86M |
|
2971
Cboe Global Markets
CBOE
$30.9B
| $10.6M | ﹤0.01% |
43,063
+11,970
| +38% | +$2.88M |
|
2972
PUT
Recursion Pharmaceuticals
RXRX
$1.69B
| $10.6M | ﹤0.01% |
2,162,100
+499,000
| +30% | +$2.62M |
|
2973
CoStar Group
CSGP
$13.1B
| $10.5M | ﹤0.01% |
125,035
+75,728
| +154% | +$6.69M |
|
|
FAZ
2974
CALL
Direxion Daily Financial Bear 3x ETF
FAZ
$84.6M
| $10.5M | ﹤0.01% |
260,600
+167,140
| +179% | +$7.16M |
|
2975
CALL
Canadian Imperial Bank of Commerce
CM
$113B
| $10.5M | ﹤0.01% |
131,900
-367,000
| -74% | -$27.6M |
|
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.