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 | |
|---|---|---|---|---|---|---|
576
PUT
Moderna
MRNA
$23.9B
| $183M | 0.02% |
7,093,500
+784,100
| +12% | +$21.9M |
|
577
PUT
Domino's
DPZ
$11.5B
| $183M | 0.02% |
424,000
+137,500
| +48% | +$62.4M |
|
578
CALL
Nucor
NUE
$62.5B
| $182M | 0.02% |
1,347,500
-99,400
| -7% | -$14.1M |
|
579
CALL
D.R. Horton
DHI
$41B
| $182M | 0.02% |
1,073,500
+579,300
| +117% | +$91.1M |
|
580
CALL
Applied Digital
APLD
$8.37B
| $182M | 0.02% |
7,913,900
+3,848,800
| +95% | +$57M |
|
581
iShares MSCI Brazil ETF
EWZ
$8.91B
| $181M | 0.02% |
5,835,887
+555,011
| +11% | +$15.9M |
|
|
EXE
582
PUT
Expand Energy Corp
EXE
$22.6B
| $181M | 0.02% |
1,701,100
+986,200
| +138% | +$99M |
|
583
CALL
eBay
EBAY
$47.9B
| $180M | 0.02% |
1,973,700
+339,900
| +21% | +$30.1M |
|
584
PUT
Riot Platforms
RIOT
$7.34B
| $179M | 0.02% |
9,417,300
+2,253,300
| +31% | +$31.2M |
|
585
PUT
Eaton
ETN
$173B
| $178M | 0.02% |
474,400
-288,500
| -38% | -$105M |
|
586
CALL
Lucid Motors
LCID
$2.6B
| $177M | 0.02% |
7,456,900
+7,247,440
| +3,460% | +$164M |
|
587
CALL
Northrop Grumman
NOC
$82.1B
| $177M | 0.02% |
290,700
-29,800
| -9% | -$16.9M |
|
588
PUT
Lennar Class A
LEN
$20.6B
| $177M | 0.02% |
1,402,800
+96,500
| +7% | +$12M |
|
589
CALL
Monolithic Power Systems
MPWR
$67.9B
| $177M | 0.02% |
191,900
+63,800
| +50% | +$51.7M |
|
590
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.54B
| $176M | 0.02% |
1,780,600
+520,400
| +41% | +$40M |
|
591
CALL
Quanta Services
PWR
$99.4B
| $176M | 0.02% |
423,900
+60,900
| +17% | +$23.7M |
|
592
CALL
Veeva Systems
VEEV
$38.1B
| $173M | 0.02% |
581,900
+114,400
| +24% | +$32.2M |
|
593
CALL
Fair Isaac
FICO
$22.7B
| $173M | 0.02% |
115,600
+25,000
| +28% | +$37.6M |
|
594
CALL
Credo Technology Group
CRDO
$44.7B
| $173M | 0.02% |
1,186,800
+289,800
| +32% | +$35.5M |
|
595
PUT
HCA Healthcare
HCA
$89.6B
| $173M | 0.02% |
405,400
-2,900
| -0.7% | -$1.12M |
|
596
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.62B
| $173M | 0.02% |
1,306,900
-313,200
| -19% | -$40.4M |
|
597
AST SpaceMobile
ASTS
$20.5B
| $172M | 0.02% |
3,510,670
+967,826
| +38% | +$46.6M |
|
598
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.58B
| $171M | 0.02% |
1,546,300
+300,000
| +24% | +$32.9M |
|
599
CALL
D-Wave Quantum Inc. Common Stock
QBTS
$7.52B
| $171M | 0.02% |
6,914,900
+1,317,700
| +24% | +$24M |
|
600
PUT
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.63B
| $171M | 0.02% |
5,473,200
+367,800
| +7% | +$10.3M |
|
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.