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 | |
|---|---|---|---|---|---|---|
3026
iShares Treasury Floating Rate Bond ETF
TFLO
$6.72B
| $10.1M | ﹤0.01% |
200,010
+137,650
| +221% | +$6.96M |
|
3027
PUT
Lithia Motors
LAD
$8.3B
| $10.1M | ﹤0.01% |
32,000
+17,600
| +122% | +$5.68M |
|
3028
CALL
Imperial Oil
IMO
$64.5B
| $10.1M | ﹤0.01% |
111,300
+70,600
| +173% | +$6.1M |
|
3029
PUT
VeriSign
VRSN
$25.7B
| $10.1M | ﹤0.01% |
36,100
-70,900
| -66% | -$19.8M |
|
3030
General Dynamics
GD
$107B
| $10.1M | ﹤0.01% |
29,579
-82,030
| -73% | -$25.9M |
|
3031
PUT
Viasat
VSAT
$11.4B
| $10.1M | ﹤0.01% |
344,200
+118,500
| +53% | +$2.83M |
|
3032
FIVE9
FIVN
$2.47B
| $10.1M | ﹤0.01% |
416,146
-325,164
| -44% | -$8.6M |
|
3033
CALL
OR Royalties Inc
OR
$6.25B
| $10.1M | ﹤0.01% |
251,200
+188,100
| +298% | +$5.87M |
|
3034
CALL
Travere Therapeutics
TVTX
$5.86B
| $10M | ﹤0.01% |
420,400
+75,800
| +22% | +$1.43M |
|
3035
Bit Digital
BTBT
$548M
| $10M | ﹤0.01% |
3,349,132
+2,233,691
| +200% | +$6.77M |
|
3036
CALL
SBA Communications
SBAC
$19.6B
| $10M | ﹤0.01% |
51,900
-16,600
| -24% | -$3.59M |
|
3037
M&T Bank
MTB
$36.7B
| $10M | ﹤0.01% |
50,717
-15,382
| -23% | -$3.02M |
|
|
FITB
3038
PUT
Fifth Third Bancorp
FITB
$52.7B
| $10M | ﹤0.01% |
224,900
+28,000
| +14% | +$1.23M |
|
3039
AB InBev
BUD
$157B
| $10M | ﹤0.01% |
168,064
+121,759
| +263% | +$7.66M |
|
3040
CALL
Alliance Resource Partners
ARLP
$3.27B
| $10M | ﹤0.01% |
395,400
-125,300
| -24% | -$3.13M |
|
3041
TransDigm Group
TDG
$69.5B
| $9.98M | ﹤0.01% |
7,569
-14,202
| -65% | -$20.3M |
|
3042
Quanta Services
PWR
$103B
| $9.96M | ﹤0.01% |
24,037
+7,249
| +43% | +$2.82M |
|
3043
PUT
Boston Beer
SAM
$1.91B
| $9.96M | ﹤0.01% |
47,100
-16,200
| -26% | -$3.45M |
|
3044
CALL
Finance of America Companies
FOA
$201M
| $9.95M | ﹤0.01% |
443,600
+71,200
| +19% | +$1.78M |
|
|
CDTX
3045
CALL
DELISTED
Cidara Therapeutics
CDTX
| $9.95M | ﹤0.01% |
103,900
+50,100
| +93% | +$3.2M |
|
3046
CALL
SPS Commerce
SPSC
$2.86B
| $9.93M | ﹤0.01% |
95,400
+92,100
| +2,791% | +$11M |
|
3047
CALL
iShares US Medical Devices ETF
IHI
$3.46B
| $9.93M | ﹤0.01% |
165,300
-25,800
| -14% | -$1.58M |
|
3048
CALL
Recursion Pharmaceuticals
RXRX
$1.69B
| $9.93M | ﹤0.01% |
2,034,200
-335,500
| -14% | -$1.76M |
|
3049
CALL
Fluence Energy
FLNC
$2.43B
| $9.92M | ﹤0.01% |
918,200
+472,100
| +106% | +$3.94M |
|
3050
CALL
abrdn Physical Silver Shares ETF
SIVR
$4.49B
| $9.91M | ﹤0.01% |
222,800
-153,700
| -41% | -$5.79M |
|
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.