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 | |
|---|---|---|---|---|---|---|
651
CALL
Nutanix
NTNX
$17.4B
| $154M | 0.02% |
2,066,600
-4,800
| -0.2% | -$352K |
|
652
PUT
Rigetti Computing
RGTI
$5.89B
| $154M | 0.02% |
5,158,500
-672,600
| -12% | -$11.8M |
|
653
PUT
VanEck Junior Gold Miners ETF
GDXJ
$8.54B
| $154M | 0.02% |
1,551,500
+464,700
| +43% | +$35.7M |
|
654
CALL
Energy Transfer Partners
ET
$70.9B
| $153M | 0.02% |
8,916,300
-1,057,400
| -11% | -$18.5M |
|
655
PUT
Alnylam Pharmaceuticals
ALNY
$29B
| $152M | 0.02% |
333,900
+160,400
| +92% | +$65.3M |
|
656
CALL
Vanguard Information Technology ETF
VGT
$147B
| $152M | 0.02% |
1,628,000
-2,085,600
| -56% | -$182M |
|
657
PUT
Nucor
NUE
$62.5B
| $150M | 0.02% |
1,109,300
-109,300
| -9% | -$15.5M |
|
658
PUT
Nextpower Inc
NXT
$15.6B
| $150M | 0.02% |
2,029,300
+726,100
| +56% | +$46.8M |
|
659
CALL
Live Nation Entertainment
LYV
$43B
| $150M | 0.02% |
918,200
+407,000
| +80% | +$64.3M |
|
|
ECHO
660
PUT
EchoStar
ECHO
$25.9B
| $150M | 0.02% |
1,963,500
+501,100
| +34% | +$22.7M |
|
|
661
iShares Bitcoin Trust
IBIT
$47.6B
| $150M | 0.02% |
2,302,880
-8,862,357
| -79% | -$576M |
|
662
PUT
Marathon Petroleum
MPC
$90B
| $150M | 0.02% |
776,200
+146,800
| +23% | +$25.8M |
|
663
PUT
FTAI Aviation
FTAI
$22.1B
| $150M | 0.02% |
896,000
-385,600
| -30% | -$54.8M |
|
664
PUT
Monolithic Power Systems
MPWR
$67.9B
| $149M | 0.02% |
162,300
-3,500
| -2% | -$2.84M |
|
665
PUT
Comcast
CMCSA
$89.4B
| $149M | 0.02% |
4,749,000
+665,300
| +16% | +$22.3M |
|
666
PUT
Duke Energy
DUK
$94.5B
| $149M | 0.02% |
1,204,800
+385,300
| +47% | +$46.8M |
|
667
CALL
Cipher Digital
CIFR
$6.78B
| $149M | 0.02% |
11,810,100
+10,965,900
| +1,299% | +$82.7M |
|
668
CALL
Truist Financial
TFC
$63.4B
| $148M | 0.02% |
3,246,900
+718,100
| +28% | +$32.4M |
|
669
CALL
Lumentum
LITE
$63.3B
| $148M | 0.02% |
911,200
+407,400
| +81% | +$50.8M |
|
670
CALL
e.l.f. Beauty
ELF
$5.62B
| $148M | 0.02% |
1,118,900
+77,800
| +7% | +$9.6M |
|
|
ETHU
671
CALL
2x Ether ETF
ETHU
$711M
| $148M | 0.02% |
1,138,700
-6,500
| -0.6% | -$826K |
|
672
Hilton Worldwide
HLT
$70B
| $147M | 0.02% |
567,359
+243,394
| +75% | +$65.8M |
|
673
ServiceNow
NOW
$132B
| $147M | 0.02% |
798,395
+566,020
| +244% | +$106M |
|
674
PUT
On Holding
ONON
$12.9B
| $147M | 0.02% |
3,469,400
+1,593,900
| +85% | +$75.9M |
|
675
CALL
Hershey
HSY
$36.7B
| $147M | 0.02% |
785,200
+249,200
| +46% | +$45.3M |
|
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.