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 | |
|---|---|---|---|---|---|---|
476
PUT
Boston Scientific
BSX
$73.1B
| $239M | 0.03% |
2,449,600
+896,500
| +58% | +$92.8M |
|
477
PUT
Cloudflare
NET
$111B
| $235M | 0.03% |
1,093,700
-33,100
| -3% | -$6.76M |
|
478
CALL
Warner Bros
WBD
$67.4B
| $234M | 0.03% |
11,990,100
+5,368,500
| +81% | +$73.1M |
|
479
CALL
Kenvue
KVUE
$36.5B
| $234M | 0.03% |
14,411,000
+8,773,600
| +156% | +$179M |
|
480
CALL
TeraWulf
WULF
$8.08B
| $234M | 0.03% |
20,475,500
+14,472,100
| +241% | +$111M |
|
481
CALL
Vertex Pharmaceuticals
VRTX
$133B
| $234M | 0.03% |
596,800
+114,200
| +24% | +$47.7M |
|
482
CALL
Ford
F
$55.8B
| $233M | 0.03% |
19,456,700
+4,818,300
| +33% | +$55.5M |
|
483
CALL
Upstart Holdings
UPST
$2.94B
| $233M | 0.03% |
4,579,400
+2,424,800
| +113% | +$171M |
|
484
PUT
CAVA Group
CAVA
$7.17B
| $232M | 0.03% |
3,839,500
+2,089,500
| +119% | +$158M |
|
485
PUT
RH
RH
$3.47B
| $231M | 0.03% |
1,136,800
+362,000
| +47% | +$78.6M |
|
486
CALL
General Motors
GM
$77.2B
| $229M | 0.03% |
3,749,600
-8,100
| -0.2% | -$452K |
|
487
Boeing
BA
$184B
| $228M | 0.03% |
1,057,813
+491,090
| +87% | +$111M |
|
488
PUT
iShares Semiconductor ETF
SOXX
$44.8B
| $227M | 0.03% |
838,400
-955,000
| -53% | -$238M |
|
489
PUT
Nice
NICE
$6.01B
| $227M | 0.03% |
1,566,900
+1,251,600
| +397% | +$188M |
|
490
CALL
HCA Healthcare
HCA
$89.6B
| $227M | 0.03% |
531,800
+94,000
| +21% | +$36.4M |
|
491
GameStop
GME
$8.43B
| $226M | 0.03% |
8,276,550
+3,512,016
| +74% | +$83.3M |
|
492
CALL
Zoom
ZM
$31.4B
| $225M | 0.03% |
2,732,400
+558,900
| +26% | +$43.6M |
|
493
CALL
Cigna
CI
$73.6B
| $225M | 0.03% |
781,100
-110,400
| -12% | -$32.7M |
|
494
CALL
Etsy
ETSY
$7.38B
| $225M | 0.03% |
3,388,700
-392,700
| -10% | -$23.4M |
|
495
PUT
Northrop Grumman
NOC
$82.1B
| $225M | 0.03% |
369,100
+54,600
| +17% | +$31M |
|
|
ETHA
496
PUT
iShares Ethereum Trust ETF
ETHA
$5.53B
| $225M | 0.03% |
7,137,400
+6,027,500
| +543% | +$179M |
|
497
CALL
Charter Communications
CHTR
$18.3B
| $225M | 0.03% |
817,400
+380,400
| +87% | +$115M |
|
498
CALL
S&P Global
SPGI
$121B
| $225M | 0.03% |
461,500
+15,100
| +3% | +$8.09M |
|
|
499
PUT
Charter Communications
CHTR
$18.3B
| $224M | 0.03% |
815,600
+392,100
| +93% | +$118M |
|
500
CALL
PG&E
PCG
$37.5B
| $224M | 0.03% |
14,821,600
+9,376,800
| +172% | +$137M |
|
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.