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 | |
|---|---|---|---|---|---|---|
451
PUT
Trade Desk
TTD
$6.29B
| $262M | 0.03% |
5,347,100
+2,294,000
| +75% | +$146M |
|
452
CALL
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $262M | 0.03% |
2,711,500
-415,800
| -13% | -$39.8M |
|
453
CALL
IonQ
IONQ
$15.9B
| $261M | 0.03% |
4,249,400
-2,109,000
| -33% | -$99.2M |
|
454
PUT
Delta Air Lines
DAL
$58.7B
| $261M | 0.03% |
4,592,200
-546,400
| -11% | -$31.2M |
|
455
PUT
McKesson
MCK
$103B
| $260M | 0.03% |
336,700
+76,200
| +29% | +$53.7M |
|
456
CALL
Analog Devices
ADI
$187B
| $258M | 0.03% |
1,048,200
+244,700
| +30% | +$58.8M |
|
457
PUT
CVS Health
CVS
$122B
| $257M | 0.03% |
3,408,100
-1,991,300
| -37% | -$136M |
|
458
PUT
Albemarle
ALB
$15.5B
| $255M | 0.03% |
3,150,000
-628,700
| -17% | -$48.5M |
|
459
CALL
ConocoPhillips
COP
$148B
| $255M | 0.03% |
2,698,500
+333,700
| +14% | +$31.5M |
|
460
PUT
Wynn Resorts
WYNN
$10.6B
| $255M | 0.03% |
1,988,600
+272,900
| +16% | +$31.5M |
|
461
CALL
Vor Biopharma
VOR
$1.27B
| $255M | 0.03% |
5,229,500
+5,089,440
| +3,634% | +$205M |
|
462
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $252M | 0.03% |
2,102,000
-1,513,400
| -42% | -$173M |
|
463
CALL
Core Scientific
CORZ
$6.25B
| $252M | 0.03% |
14,019,600
-1,263,500
| -8% | -$18.5M |
|
|
464
CALL
Albemarle
ALB
$15.5B
| $251M | 0.03% |
3,096,200
+1,191,900
| +63% | +$91.9M |
|
465
CALL
Marriott International
MAR
$90.9B
| $250M | 0.03% |
958,700
+38,500
| +4% | +$10.3M |
|
466
PUT
Dollar Tree
DLTR
$24.9B
| $248M | 0.03% |
2,631,100
-339,000
| -11% | -$36.3M |
|
467
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$691B
| $248M | 0.03% |
755,900
-16,800
| -2% | -$5.31M |
|
468
CALL
Union Pacific
UNP
$174B
| $248M | 0.03% |
1,049,000
+121,600
| +13% | +$27.4M |
|
469
PUT
Abbott
ABT
$188B
| $243M | 0.03% |
1,815,700
+439,600
| +32% | +$57.7M |
|
470
PUT
Celestica
CLS
$36.2B
| $243M | 0.03% |
984,700
+472,500
| +92% | +$95.3M |
|
471
PUT
Unity
U
$19B
| $243M | 0.03% |
6,057,000
+2,149,600
| +55% | +$79.7M |
|
472
CALL
Take-Two Interactive
TTWO
$47.4B
| $242M | 0.03% |
934,900
+279,100
| +43% | +$66.1M |
|
473
CALL
Centene
CNC
$32.9B
| $241M | 0.03% |
6,750,300
+6,595,900
| +4,272% | +$199M |
|
|
474
CALL
McKesson
MCK
$103B
| $241M | 0.03% |
311,700
+71,200
| +30% | +$50.1M |
|
475
PUT
T-Mobile US
TMUS
$191B
| $240M | 0.03% |
1,004,300
-655,000
| -39% | -$159M |
|
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.