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 | |
|---|---|---|---|---|---|---|
4426
PUT
Jack in the Box
JACK
$327M
| $4.09M | ﹤0.01% |
207,100
+12,400
| +6% | +$246K |
|
4427
CALL
Celanese
CE
$5.01B
| $4.09M | ﹤0.01% |
97,200
-39,500
| -29% | -$1.97M |
|
4428
CALL
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $4.09M | ﹤0.01% |
43,600
+26,100
| +149% | +$2.61M |
|
4429
PUT
KULR Technology Group
KULR
$122M
| $4.09M | ﹤0.01% |
982,900
-115,800
| -11% | -$617K |
|
4430
Dynatrace
DT
$14.2B
| $4.09M | ﹤0.01% |
84,387
-112,145
| -57% | -$5.68M |
|
4431
CALL
Sonos
SONO
$1.93B
| $4.09M | ﹤0.01% |
258,600
+126,800
| +96% | +$1.63M |
|
4432
PUT
Herbalife
HLF
$1.29B
| $4.08M | ﹤0.01% |
484,000
+145,200
| +43% | +$1.37M |
|
4433
PUT
Harmony Biosciences
HRMY
$2.22B
| $4.08M | ﹤0.01% |
148,200
+85,100
| +135% | +$2.93M |
|
4434
PUT
Janux Therapeutics
JANX
$986M
| $4.08M | ﹤0.01% |
167,100
+64,800
| +63% | +$1.58M |
|
4435
CALL
Veritone
VERI
$116M
| $4.08M | ﹤0.01% |
847,000
+761,000
| +885% | +$2.2M |
|
4436
CALL
KBR
KBR
$4.84B
| $4.08M | ﹤0.01% |
86,300
+44,600
| +107% | +$2.16M |
|
4437
Cooper-Standard Automotive
CPS
$506M
| $4.08M | ﹤0.01% |
110,492
-60,172
| -35% | -$1.83M |
|
4438
MicroSectors Gold Miners 3x Leveraged ETN
GDXU
$1.11B
| $4.08M | ﹤0.01% |
+19,902
| New | +$2.17M |
|
4439
Main Sector Rotation ETF
SECT
$2.91B
| $4.07M | ﹤0.01% |
64,606
+60,343
| +1,416% | +$3.62M |
|
4440
Dimensional US Core Equity 2 ETF
DFAC
$49.9B
| $4.07M | ﹤0.01% |
+105,516
| New | +$3.94M |
|
4441
PUT
Toro Company
TTC
$9.37B
| $4.07M | ﹤0.01% |
53,400
+36,500
| +216% | +$2.8M |
|
4442
AeroVironment
AVAV
$9.76B
| $4.07M | ﹤0.01% |
12,922
-38,928
| -75% | -$10.1M |
|
4443
CALL
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $4.07M | ﹤0.01% |
71,500
-20,000
| -22% | -$1.11M |
|
4444
PUT
Corebridge Financial
CRBG
$15.4B
| $4.06M | ﹤0.01% |
126,800
+3,700
| +3% | +$126K |
|
4445
PUT
NextDecade
NEXT
$1.91B
| $4.06M | ﹤0.01% |
598,000
+435,000
| +267% | +$4.21M |
|
4446
CALL
Newell Brands
NWL
$2.66B
| $4.06M | ﹤0.01% |
774,500
+260,000
| +51% | +$1.47M |
|
4447
PUT
Dycom Industries
DY
$12.6B
| $4.06M | ﹤0.01% |
13,900
-113,500
| -89% | -$29.8M |
|
4448
CALL
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.3B
| $4.05M | ﹤0.01% |
13,800
-2,400
| -15% | -$692K |
|
4449
Global X Emerging Markets Great Consumer ETF
EMC
$57.4M
| $4.05M | ﹤0.01% |
130,110
+96,181
| +283% | +$2.87M |
|
4450
CALL
Huntsman Corp
HUN
$1.81B
| $4.05M | ﹤0.01% |
451,400
+8,100
| +2% | +$85.1K |
|
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.