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 | |
|---|---|---|---|---|---|---|
|
MBX
3251
PUT
MBX Biosciences
MBX
$3.3B
| $8.52M | ﹤0.01% |
486,800
+430,200
| +760% | +$5.75M |
|
3252
CALL
Church & Dwight Co
CHD
$24B
| $8.51M | ﹤0.01% |
97,100
-23,600
| -20% | -$2.21M |
|
3253
Cheesecake Factory
CAKE
$5.64B
| $8.5M | ﹤0.01% |
155,584
-40,947
| -21% | -$2.51M |
|
3254
PUT
Blackstone Secured Lending
BXSL
$5.75B
| $8.49M | ﹤0.01% |
325,800
+171,200
| +111% | +$5.14M |
|
3255
Citizens Financial Group
CFG
$31.5B
| $8.49M | ﹤0.01% |
159,713
-19,601
| -11% | -$976K |
|
3256
Performance Food Group
PFGC
$16.8B
| $8.48M | ﹤0.01% |
81,460
+66,925
| +460% | +$6.7M |
|
3257
CALL
Acuity Brands
AYI
$10.7B
| $8.47M | ﹤0.01% |
24,600
+7,700
| +46% | +$2.46M |
|
3258
CALL
Evergy
EVRG
$19.4B
| $8.47M | ﹤0.01% |
111,400
+56,700
| +104% | +$4.04M |
|
3259
Ameren
AEE
$30.4B
| $8.46M | ﹤0.01% |
81,044
+11,932
| +17% | +$1.19M |
|
3260
CALL
PBF Energy
PBF
$8.52B
| $8.45M | ﹤0.01% |
280,200
-36,000
| -11% | -$941K |
|
|
USAR
3261
USA Rare Earth Inc
USAR
$4.89B
| $8.45M | ﹤0.01% |
491,351
+454,448
| +1,231% | +$6.49M |
|
3262
PUT
Woodward
WWD
$21.9B
| $8.44M | ﹤0.01% |
33,400
+3,800
| +13% | +$944K |
|
|
HDV
3263
iShares Core High Dividend ETF
HDV
$15.1B
| $8.44M | ﹤0.01% |
344,495
-23,895
| -6% | -$577K |
|
|
AD
3264
CALL
Array Digital Infrastructure
AD
$3.11B
| $8.43M | ﹤0.01% |
168,600
+102,200
| +154% | +$6.35M |
|
3265
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $8.42M | ﹤0.01% |
18,160
-59,494
| -77% | -$26.8M |
|
3266
iShares 0-3 Month Treasury Bond ETF
SGOV
$101B
| $8.41M | ﹤0.01% |
83,528
+11,410
| +16% | +$1.15M |
|
3267
CALL
Organon & Co
OGN
$3.6B
| $8.41M | ﹤0.01% |
787,200
-81,700
| -9% | -$802K |
|
3268
CALL
Cirrus Logic
CRUS
$6.07B
| $8.41M | ﹤0.01% |
67,100
+30,000
| +81% | +$3.34M |
|
3269
PUT
National Grid
NGG
$81.5B
| $8.4M | ﹤0.01% |
117,260
+109,754
| +1,462% | +$7.7M |
|
3270
Steven Madden
SHOO
$3.45B
| $8.39M | ﹤0.01% |
250,529
-94,960
| -27% | -$2.66M |
|
3271
CALL
Medifast
MED
$128M
| $8.39M | ﹤0.01% |
613,400
-81,800
| -12% | -$1.14M |
|
|
FLY
3272
PUT
Firefly Aerospace
FLY
$4.46B
| $8.38M | ﹤0.01% |
+285,800
| New | +$12.8M |
|
3273
PUT
First Horizon
FHN
$12.4B
| $8.37M | ﹤0.01% |
370,000
+160,900
| +77% | +$3.58M |
|
3274
Owens Corning
OC
$12.2B
| $8.36M | ﹤0.01% |
59,068
+19,027
| +48% | +$2.79M |
|
3275
Loar Holdings
LOAR
$7.25B
| $8.35M | ﹤0.01% |
104,376
+5,567
| +6% | +$419K |
|
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.