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 | |
|---|---|---|---|---|---|---|
526
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $206M | 0.02% |
345,300
-142,800
| -29% | -$83.8M |
|
527
CALL
Lennar Class A
LEN
$20.6B
| $206M | 0.02% |
1,632,000
+760,600
| +87% | +$94.4M |
|
528
CALL
Boston Scientific
BSX
$73.1B
| $206M | 0.02% |
2,106,500
+46,800
| +2% | +$4.85M |
|
529
PUT
Fidelity Wise Origin Bitcoin Fund
FBTC
$11.9B
| $205M | 0.02% |
2,052,000
+1,659,700
| +423% | +$166M |
|
530
CALL
FedEx
FDX
$76.9B
| $204M | 0.02% |
865,300
-306,700
| -26% | -$70.7M |
|
531
PUT
Dollar General
DG
$27B
| $204M | 0.02% |
1,971,000
-921,000
| -32% | -$101M |
|
532
PUT
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.32B
| $203M | 0.02% |
9,593,800
+2,858,800
| +42% | +$38.7M |
|
533
GE Vernova
GEV
$264B
| $201M | 0.02% |
326,349
+39,919
| +14% | +$24.2M |
|
534
PUT
Etsy
ETSY
$7.38B
| $201M | 0.02% |
3,021,800
+970,600
| +47% | +$58M |
|
535
PUT
Estee Lauder
EL
$31.5B
| $199M | 0.02% |
2,258,800
-375,700
| -14% | -$33.5M |
|
536
PUT
Danaher
DHR
$147B
| $199M | 0.02% |
1,003,100
+232,300
| +30% | +$46.2M |
|
537
PUT
VanEck Oil Services ETF
OIH
$1.95B
| $199M | 0.02% |
764,800
+55,600
| +8% | +$13.8M |
|
538
PUT
Wolfspeed
WOLF
$1.52B
| $198M | 0.02% |
6,916,900
+1,403,600
| +25% | +$3.29M |
|
539
CALL
Valero Energy
VLO
$90.7B
| $197M | 0.02% |
1,159,200
+79,900
| +7% | +$11.9M |
|
540
CALL
Microchip Technology
MCHP
$44.2B
| $197M | 0.02% |
3,073,100
-743,400
| -19% | -$50.4M |
|
541
Qualcomm
QCOM
$170B
| $197M | 0.02% |
1,184,650
-20,105
| -2% | -$3.19M |
|
542
CALL
Rivian
RIVN
$23.7B
| $197M | 0.02% |
13,401,500
+1,450,800
| +12% | +$19.4M |
|
543
PUT
Airbnb
ABNB
$111B
| $196M | 0.02% |
1,612,900
+307,300
| +24% | +$39.8M |
|
|
BMNR
544
CALL
BitMine Immersion Technologies
BMNR
$10.9B
| $196M | 0.02% |
+3,769,800
| New | +$191M |
|
545
CALL
Medtronic
MDT
$114B
| $196M | 0.02% |
2,053,600
-573,800
| -22% | -$52.7M |
|
546
CALL
SLB Ltd
SLB
$78.9B
| $195M | 0.02% |
5,687,600
+1,791,000
| +46% | +$62.3M |
|
547
CALL
Cheniere Energy
LNG
$54.9B
| $195M | 0.02% |
827,800
+52,500
| +7% | +$12.3M |
|
548
CALL
Dollar Tree
DLTR
$24.9B
| $194M | 0.02% |
2,057,700
-6,200
| -0.3% | -$663K |
|
549
Booking.com
BKNG
$160B
| $194M | 0.02% |
899,100
-651,050
| -42% | -$145M |
|
550
PUT
Gilead Sciences
GILD
$165B
| $193M | 0.02% |
1,740,900
-629,500
| -27% | -$71.6M |
|
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.