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 | |
|---|---|---|---|---|---|---|
401
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.4B
| $310M | 0.04% |
3,095,000
-864,300
| -22% | -$77.8M |
|
402
CALL
Datadog
DDOG
$93.6B
| $310M | 0.04% |
2,173,500
-1,599,700
| -42% | -$220M |
|
403
PUT
IonQ
IONQ
$15.9B
| $308M | 0.04% |
5,006,900
+3,131,800
| +167% | +$147M |
|
|
SCHW
404
CALL
Charles Schwab
SCHW
$188B
| $304M | 0.03% |
3,187,900
-298,600
| -9% | -$28.3M |
|
405
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.6B
| $304M | 0.03% |
2,729,700
+2,349,900
| +619% | +$258M |
|
406
PUT
Philip Morris
PM
$290B
| $304M | 0.03% |
1,871,600
-94,400
| -5% | -$15.9M |
|
407
JPMorgan Chase
JPM
$956B
| $302M | 0.03% |
956,347
+189,978
| +25% | +$56.5M |
|
408
CALL
Riot Platforms
RIOT
$7.34B
| $301M | 0.03% |
15,818,400
+5,494,100
| +53% | +$76.1M |
|
409
PUT
Altria Group
MO
$109B
| $300M | 0.03% |
4,544,100
+1,255,100
| +38% | +$79.5M |
|
410
CALL
Humana
HUM
$46.3B
| $299M | 0.03% |
1,150,000
-89,400
| -7% | -$23.5M |
|
|
SCHW
411
PUT
Charles Schwab
SCHW
$188B
| $298M | 0.03% |
3,118,300
+347,300
| +13% | +$33M |
|
412
CALL
Lyft
LYFT
$6.55B
| $297M | 0.03% |
13,479,800
+7,561,900
| +128% | +$127M |
|
|
AXON
413
CALL
Axon Enterprise
AXON
$48.4B
| $295M | 0.03% |
411,300
+86,300
| +27% | +$65.5M |
|
414
CALL
Duolingo
DUOL
$6.42B
| $295M | 0.03% |
915,500
+795,400
| +662% | +$266M |
|
415
CALL
DraftKings
DKNG
$12B
| $292M | 0.03% |
7,806,000
+2,164,400
| +38% | +$96M |
|
416
PUT
Newmont
NEM
$124B
| $291M | 0.03% |
3,456,600
-1,155,100
| -25% | -$80.6M |
|
417
PUT
TJX Companies
TJX
$175B
| $291M | 0.03% |
2,012,300
+786,500
| +64% | +$104M |
|
418
PUT
Carnival Corporation Ltd
CCL
$38B
| $289M | 0.03% |
10,011,800
+1,165,400
| +13% | +$35.2M |
|
419
PUT
Valero Energy
VLO
$90.7B
| $288M | 0.03% |
1,688,900
+873,400
| +107% | +$130M |
|
420
CALL
Blackrock
BLK
$175B
| $287M | 0.03% |
246,400
-182,400
| -43% | -$204M |
|
421
PUT
Workday
WDAY
$45.5B
| $287M | 0.03% |
1,191,000
-91,100
| -7% | -$21.1M |
|
422
PUT
Zscaler
ZS
$28.6B
| $286M | 0.03% |
953,400
-141,500
| -13% | -$40.3M |
|
423
PUT
Union Pacific
UNP
$174B
| $286M | 0.03% |
1,208,500
+348,700
| +41% | +$78.6M |
|
424
PUT
United Rentals
URI
$70.8B
| $284M | 0.03% |
297,700
+28,700
| +11% | +$25.6M |
|
425
SoFi Technologies
SOFI
$23.4B
| $284M | 0.03% |
10,743,114
+7,904,894
| +279% | +$188M |
|
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.