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 | |
|---|---|---|---|---|---|---|
551
Mercado Libre
MELI
$92.5B
| $193M | 0.02% |
82,563
+59,611
| +260% | +$143M |
|
|
GLXY
552
PUT
Galaxy Digital Inc
GLXY
$3.8B
| $193M | 0.02% |
5,699,100
+4,596,800
| +417% | +$124M |
|
553
Adobe
ADBE
$109B
| $192M | 0.02% |
545,622
-313,871
| -37% | -$113M |
|
554
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $192M | 0.02% |
322,300
-116,100
| -26% | -$68.1M |
|
555
PUT
Analog Devices
ADI
$187B
| $192M | 0.02% |
779,800
+283,100
| +57% | +$68.1M |
|
556
PUT
NuScale Power
SMR
$3.77B
| $192M | 0.02% |
5,320,400
+2,473,600
| +87% | +$98.6M |
|
557
PUT
Apollo Global Management
APO
$76B
| $191M | 0.02% |
1,430,700
-219,700
| -13% | -$31.1M |
|
|
ETHA
558
iShares Ethereum Trust ETF
ETHA
$5.53B
| $190M | 0.02% |
6,028,689
+5,089,635
| +542% | +$151M |
|
559
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.45B
| $189M | 0.02% |
4,183,500
+1,187,800
| +40% | +$46.8M |
|
560
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$99.1B
| $189M | 0.02% |
997,000
-254,100
| -20% | -$47.3M |
|
561
Nike
NKE
$62.5B
| $189M | 0.02% |
2,712,097
-924,877
| -25% | -$68.9M |
|
562
PUT
Lyft
LYFT
$6.53B
| $189M | 0.02% |
8,590,100
+3,880,800
| +82% | +$64.9M |
|
563
CALL
Comcast
CMCSA
$89.4B
| $188M | 0.02% |
5,983,200
+1,451,900
| +32% | +$48.7M |
|
564
CALL
CleanSpark
CLSK
$2.98B
| $187M | 0.02% |
12,928,600
+1,341,600
| +12% | +$15.1M |
|
565
CALL
iShares Semiconductor ETF
SOXX
$44.8B
| $187M | 0.02% |
690,700
-482,900
| -41% | -$120M |
|
566
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$749M
| $186M | 0.02% |
3,430,800
-1,279,100
| -27% | -$59.4M |
|
567
CALL
Elevance Health
ELV
$86.2B
| $186M | 0.02% |
576,200
+333,600
| +138% | +$104M |
|
568
CALL
Fortinet
FTNT
$120B
| $186M | 0.02% |
2,212,800
+772,800
| +54% | +$69M |
|
569
CALL
SoundHound AI
SOUN
$3.25B
| $185M | 0.02% |
11,509,400
+6,910,700
| +150% | +$91.7M |
|
570
CALL
Roku
ROKU
$22.5B
| $185M | 0.02% |
1,847,500
+471,500
| +34% | +$43.5M |
|
571
Freeport-McMoran
FCX
$98.7B
| $185M | 0.02% |
4,715,927
+3,453,176
| +273% | +$150M |
|
|
572
PUT
Fortinet
FTNT
$120B
| $184M | 0.02% |
2,194,200
+876,700
| +67% | +$78.2M |
|
573
CALL
Moderna
MRNA
$23.9B
| $184M | 0.02% |
7,133,600
+1,726,900
| +32% | +$48.2M |
|
574
PUT
Agnico Eagle Mines
AEM
$91.4B
| $184M | 0.02% |
1,092,900
+378,700
| +53% | +$52M |
|
575
PUT
Southwest Airlines
LUV
$22B
| $184M | 0.02% |
5,767,600
+3,210,400
| +126% | +$105M |
|
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.