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 | |
|---|---|---|---|---|---|---|
|
BULL
301
Webull Corp
BULL
$3.88B
| $428M | 0.05% |
28,942,094
+27,993,605
| +2,951% | +$399M |
|
|
302
lululemon athletica
LULU
$14.5B
| $428M | 0.05% |
2,404,361
+1,995,575
| +488% | +$400M |
|
303
PUT
United Airlines
UAL
$41B
| $427M | 0.05% |
4,423,300
-1,412,100
| -24% | -$136M |
|
304
PUT
Baidu
BIDU
$37.1B
| $427M | 0.05% |
3,238,000
-512,700
| -14% | -$50.8M |
|
305
CALL
Constellation Energy
CEG
$96.8B
| $426M | 0.05% |
1,295,500
-53,100
| -4% | -$17.1M |
|
|
OKLO
306
PUT
Oklo
OKLO
$7.71B
| $425M | 0.05% |
3,810,200
+1,173,000
| +44% | +$91.9M |
|
307
CALL
Occidental Petroleum
OXY
$58.1B
| $425M | 0.05% |
8,995,600
+2,086,100
| +30% | +$94.3M |
|
308
PUT
United States Oil Fund
USO
$1.76B
| $420M | 0.05% |
5,699,900
-5,401,100
| -49% | -$405M |
|
|
CRCL
309
Circle Internet Group
CRCL
$16.7B
| $417M | 0.05% |
3,148,082
+2,458,044
| +356% | +$389M |
|
310
CALL
Texas Instruments
TXN
$257B
| $416M | 0.05% |
2,264,800
+490,000
| +28% | +$95.8M |
|
311
PUT
Hims & Hers Health
HIMS
$7.39B
| $412M | 0.05% |
7,271,000
-2,393,500
| -25% | -$123M |
|
|
AXON
312
PUT
Axon Enterprise
AXON
$48.4B
| $411M | 0.05% |
572,700
+153,800
| +37% | +$117M |
|
313
PUT
Chipotle Mexican Grill
CMG
$41B
| $410M | 0.05% |
10,451,300
+2,027,600
| +24% | +$91.3M |
|
314
CALL
Seagate
STX
$185B
| $409M | 0.05% |
1,733,100
+967,300
| +126% | +$165M |
|
315
PUT
Roblox
RBLX
$27.4B
| $407M | 0.05% |
2,940,700
+551,100
| +23% | +$68.5M |
|
316
PUT
AT&T
T
$164B
| $406M | 0.05% |
14,376,700
+798,400
| +6% | +$22.7M |
|
317
Applovin
APP
$115B
| $405M | 0.05% |
563,344
-55,839
| -9% | -$25.7M |
|
318
PUT
Avis
CAR
$5.04B
| $403M | 0.05% |
2,510,000
-667,800
| -21% | -$113M |
|
319
PUT
ProShares UltraPro QQQ
TQQQ
$37.2B
| $401M | 0.05% |
7,747,600
-5,819,400
| -43% | -$265M |
|
|
BMNR
320
BitMine Immersion Technologies
BMNR
$11B
| $399M | 0.05% |
+7,689,603
| New | +$390M |
|
|
TEM
321
CALL
Tempus AI
TEM
$9.99B
| $396M | 0.05% |
4,909,800
+388,200
| +9% | +$27.2M |
|
322
CALL
Apollo Global Management
APO
$74.1B
| $394M | 0.05% |
2,954,000
+401,500
| +16% | +$56.8M |
|
|
323
PUT
Seagate
STX
$185B
| $393M | 0.05% |
1,666,600
+708,800
| +74% | +$121M |
|
324
PUT
KKR & Co
KKR
$92.3B
| $392M | 0.04% |
3,016,800
+994,100
| +49% | +$141M |
|
325
CALL
Intuitive Surgical
ISRG
$138B
| $392M | 0.04% |
875,500
+148,000
| +20% | +$71M |
|
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.