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 | |
|---|---|---|---|---|---|---|
4201
Warrior Met Coal
HCC
$5.19B
| $4.65M | ﹤0.01% |
73,144
-75,651
| -51% | -$4.32M |
|
4202
CALL
VSE Corp
VSEC
$6.79B
| $4.65M | ﹤0.01% |
28,000
+16,200
| +137% | +$2.47M |
|
4203
PUT
Comstock Resources
CRK
$4.13B
| $4.65M | ﹤0.01% |
234,500
-20,000
| -8% | -$370K |
|
4204
PUT
Armstrong World Industries
AWI
$7.7B
| $4.65M | ﹤0.01% |
23,700
+14,500
| +158% | +$2.7M |
|
4205
NCR Voyix
VYX
$1.13B
| $4.64M | ﹤0.01% |
369,515
+86,130
| +30% | +$1.14M |
|
|
LENZ
4206
PUT
LENZ Therapeutics
LENZ
$149M
| $4.63M | ﹤0.01% |
+99,400
| New | +$3.66M |
|
4207
CALL
Blackstone Mortgage Trust
BXMT
$2.44B
| $4.62M | ﹤0.01% |
251,000
-111,700
| -31% | -$2.16M |
|
|
WYFI
4208
PUT
WhiteFiber Inc
WYFI
$1.15B
| $4.62M | ﹤0.01% |
+169,900
| New | +$3.32M |
|
|
TMHC
4209
DELISTED
Taylor Morrison
TMHC
| $4.62M | ﹤0.01% |
69,927
-92,339
| -57% | -$6.08M |
|
|
MSTZ
4210
CALL
T-Rex 2X Inverse MSTR Daily Target ETF
MSTZ
$103M
| $4.61M | ﹤0.01% |
876,900
-649,000
| -43% | -$2.91M |
|
4211
CALL
Wolverine World Wide
WWW
$1.73B
| $4.61M | ﹤0.01% |
167,900
+94,300
| +128% | +$2.48M |
|
4212
CALL
Vanguard FTSE Europe ETF
VGK
$31.1B
| $4.6M | ﹤0.01% |
57,700
-5,700
| -9% | -$446K |
|
|
ETHU
4213
2x Ether ETF
ETHU
$712M
| $4.6M | ﹤0.01% |
35,454
+14,302
| +68% | +$1.82M |
|
4214
CALL
Herbalife
HLF
$1.29B
| $4.6M | ﹤0.01% |
544,600
+320,500
| +143% | +$3.02M |
|
4215
PUT
Fiverr
FVRR
$324M
| $4.6M | ﹤0.01% |
188,300
+90,300
| +92% | +$2.21M |
|
4216
CALL
Vanguard Total Bond Market
BND
$161B
| $4.6M | ﹤0.01% |
61,800
-3,200
| -5% | -$236K |
|
4217
PUT
Portillo's
PTLO
$374M
| $4.59M | ﹤0.01% |
712,300
+226,300
| +47% | +$1.91M |
|
4218
PUT
Genius Sports
GENI
$2.33B
| $4.59M | ﹤0.01% |
370,800
+109,400
| +42% | +$1.31M |
|
4219
Dick's Sporting Goods
DKS
$18.1B
| $4.59M | ﹤0.01% |
20,642
+4,751
| +30% | +$1.03M |
|
4220
Eldorado Gold
EGO
$10.4B
| $4.59M | ﹤0.01% |
158,707
-32,668
| -17% | -$769K |
|
4221
CALL
Euronet Worldwide
EEFT
$2.74B
| $4.58M | ﹤0.01% |
52,200
+37,200
| +248% | +$3.57M |
|
4222
CALL
Procept Biorobotics
PRCT
$1.24B
| $4.58M | ﹤0.01% |
128,400
-3,200
| -2% | -$146K |
|
4223
CALL
Alcon
ALC
$35.9B
| $4.58M | ﹤0.01% |
61,500
+50,400
| +454% | +$4.21M |
|
4224
CALL
Perrigo
PRGO
$1.81B
| $4.58M | ﹤0.01% |
205,700
+47,400
| +30% | +$1.16M |
|
4225
CALL
Carlisle Companies
CSL
$14.7B
| $4.57M | ﹤0.01% |
13,900
-4,500
| -24% | -$1.72M |
|
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.