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 | |
|---|---|---|---|---|---|---|
5201
CALL
Liberty Global Class A
LBTYA
$3.57B
| $2.67M | ﹤0.01% |
233,100
-240,200
| -51% | -$2.64M |
|
5202
CALL
Amylyx Pharmaceuticals
AMLX
$2.41B
| $2.67M | ﹤0.01% |
196,400
+54,000
| +38% | +$508K |
|
5203
PUT
Healthcare Realty
HR
$6.6B
| $2.67M | ﹤0.01% |
148,000
+15,100
| +11% | +$255K |
|
5204
CALL
Coca-Cola Europacific Partners
CCEP
$47.6B
| $2.67M | ﹤0.01% |
29,500
-155,700
| -84% | -$14.4M |
|
5205
Alliant Energy
LNT
$18.3B
| $2.67M | ﹤0.01% |
39,553
-5,568
| -12% | -$359K |
|
5206
Warby Parker
WRBY
$3.2B
| $2.67M | ﹤0.01% |
96,642
-21,253
| -18% | -$537K |
|
5207
CALL
Capital Southwest
CSWC
$1.59B
| $2.66M | ﹤0.01% |
121,700
+33,900
| +39% | +$772K |
|
|
BNC
5208
PUT
CEA Industries
BNC
$108M
| $2.66M | ﹤0.01% |
+340,700
| New | +$5.79M |
|
5209
PUT
Manulife Financial
MFC
$73.8B
| $2.66M | ﹤0.01% |
85,300
+29,500
| +53% | +$910K |
|
5210
nLIGHT
LASR
$3.03B
| $2.66M | ﹤0.01% |
89,673
+24,596
| +38% | +$610K |
|
5211
CMS Energy
CMS
$22.3B
| $2.66M | ﹤0.01% |
36,249
-8,437
| -19% | -$606K |
|
5212
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.36B
| $2.65M | ﹤0.01% |
+106,436
| New | +$2.6M |
|
5213
PUT
TD Synnex
SNX
$20.7B
| $2.65M | ﹤0.01% |
16,200
+2,500
| +18% | +$369K |
|
5214
Shutterstock
SSTK
$210M
| $2.65M | ﹤0.01% |
127,181
-59,973
| -32% | -$1.22M |
|
5215
Rogers Corp
ROG
$2.55B
| $2.65M | ﹤0.01% |
32,941
+3,388
| +11% | +$252K |
|
5216
PUT
Burford Capital
BUR
$960M
| $2.65M | ﹤0.01% |
221,200
-330,100
| -60% | -$4.41M |
|
5217
CALL
Mercury Insurance
MCY
$5.84B
| $2.65M | ﹤0.01% |
31,200
-23,200
| -43% | -$1.71M |
|
5218
PUT
Vera Therapeutics
VERA
$2.28B
| $2.64M | ﹤0.01% |
91,000
-92,100
| -50% | -$2.13M |
|
5219
United Bankshares
UBSI
$6.71B
| $2.64M | ﹤0.01% |
71,045
-172,312
| -71% | -$6.42M |
|
5220
CALL
Chemed
CHE
$6.96B
| $2.64M | ﹤0.01% |
5,900
+1,200
| +26% | +$543K |
|
5221
PUT
United Natural Foods
UNFI
$2.93B
| $2.64M | ﹤0.01% |
70,200
-58,600
| -45% | -$1.61M |
|
|
KC
5222
CALL
Kingsoft Cloud Holdings
KC
$3.51B
| $2.64M | ﹤0.01% |
177,000
-186,500
| -51% | -$2.7M |
|
5223
CALL
Ameren
AEE
$30.4B
| $2.64M | ﹤0.01% |
25,300
+400
| +2% | +$39.9K |
|
5224
PUT
H&R Block
HRB
$6.83B
| $2.64M | ﹤0.01% |
52,200
-63,500
| -55% | -$3.36M |
|
5225
CALL
NCR Atleos
NATL
$3.47B
| $2.64M | ﹤0.01% |
67,100
-49,200
| -42% | -$1.71M |
|
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.