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 | |
|---|---|---|---|---|---|---|
|
ETHU
751
PUT
2x Ether ETF
ETHU
$712M
| $128M | 0.01% |
982,800
+580,000
| +144% | +$73.7M |
|
752
PUT
Take-Two Interactive
TTWO
$47.6B
| $128M | 0.01% |
493,600
-635,400
| -56% | -$150M |
|
753
CALL
Paychex
PAYX
$43B
| $127M | 0.01% |
1,004,900
+545,400
| +119% | +$75.7M |
|
754
CALL
British American Tobacco
BTI
$123B
| $127M | 0.01% |
2,399,700
+1,567,900
| +188% | +$85.1M |
|
755
PUT
Biogen
BIIB
$30.1B
| $127M | 0.01% |
908,900
-125,200
| -12% | -$16.9M |
|
756
Unity
U
$18.9B
| $127M | 0.01% |
3,167,611
+2,954,324
| +1,385% | +$110M |
|
757
CALL
BP
BP
$111B
| $126M | 0.01% |
3,662,700
+389,800
| +12% | +$13.1M |
|
758
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
| $126M | 0.01% |
2,884,200
+1,292,400
| +81% | +$54.7M |
|
759
CALL
RH
RH
$3.51B
| $126M | 0.01% |
618,400
+3,800
| +0.6% | +$826K |
|
760
Astera Labs
ALAB
$54.1B
| $125M | 0.01% |
638,780
+560,980
| +721% | +$92.2M |
|
761
PUT
Credo Technology Group
CRDO
$45.5B
| $124M | 0.01% |
853,300
+99,500
| +13% | +$12.2M |
|
762
CALL
Cencora
COR
$63.1B
| $124M | 0.01% |
396,800
-168,100
| -30% | -$49.5M |
|
763
CALL
AeroVironment
AVAV
$9.78B
| $124M | 0.01% |
393,800
+158,100
| +67% | +$40.9M |
|
764
PUT
Petrobras
PBR
$117B
| $124M | 0.01% |
9,760,800
+2,053,800
| +27% | +$25.8M |
|
765
ASML
ASML
$698B
| $123M | 0.01% |
126,918
-1,503
| -1% | -$1.18M |
|
766
CALL
Cadence Design Systems
CDNS
$90.4B
| $123M | 0.01% |
349,200
-178,600
| -34% | -$61.4M |
|
767
PUT
Wheaton Precious Metals
WPM
$60.9B
| $123M | 0.01% |
1,096,600
+870,700
| +385% | +$85.1M |
|
768
CALL
Generac Holdings
GNRC
$12.9B
| $122M | 0.01% |
730,800
+67,800
| +10% | +$11.9M |
|
769
CALL
Insmed
INSM
$29.5B
| $122M | 0.01% |
848,400
-153,200
| -15% | -$18.8M |
|
770
CALL
CAVA Group
CAVA
$7.17B
| $122M | 0.01% |
2,021,600
+140,400
| +7% | +$10.6M |
|
|
ECHO
771
EchoStar
ECHO
$25.8B
| $122M | 0.01% |
1,598,189
+1,405,457
| +729% | +$63.6M |
|
772
Cipher Digital
CIFR
$7.32B
| $122M | 0.01% |
9,681,457
+5,370,138
| +125% | +$40.5M |
|
|
FINV
773
FinVolution Group
FINV
$1.09B
| $122M | 0.01% |
16,494,830
+200
| +0% | +$1.75K |
|
774
PUT
NRG Energy
NRG
$25.5B
| $121M | 0.01% |
750,200
-1,900
| -0.3% | -$296K |
|
775
CALL
BILL Holdings
BILL
$4.94B
| $121M | 0.01% |
2,292,900
+1,808,900
| +374% | +$84M |
|
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.