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 | |
|---|---|---|---|---|---|---|
776
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.9B
| $121M | 0.01% |
1,052,700
+517,400
| +97% | +$57.3M |
|
777
CALL
Automatic Data Processing
ADP
$108B
| $121M | 0.01% |
412,300
-142,200
| -26% | -$42.8M |
|
778
Constellation Brands
STZ
$22.5B
| $121M | 0.01% |
896,912
+371,789
| +71% | +$59.1M |
|
779
PUT
Snap
SNAP
$9.32B
| $121M | 0.01% |
15,646,000
+9,144,100
| +141% | +$75.9M |
|
|
PSKY
780
PUT
Paramount Skydance Corp
PSKY
$10.4B
| $120M | 0.01% |
+6,356,200
| New | +$101M |
|
781
Cigna
CI
$72.2B
| $120M | 0.01% |
415,920
+105,981
| +34% | +$31.4M |
|
782
CALL
Kraft Heinz
KHC
$29.3B
| $120M | 0.01% |
4,603,600
+917,600
| +25% | +$24.9M |
|
783
PUT
CleanSpark
CLSK
$2.99B
| $120M | 0.01% |
8,249,200
+1,697,700
| +26% | +$19.2M |
|
784
Monolithic Power Systems
MPWR
$68.8B
| $120M | 0.01% |
129,902
+53,829
| +71% | +$43.6M |
|
785
PUT
Rio Tinto
RIO
$165B
| $119M | 0.01% |
1,809,400
-706,200
| -28% | -$43.7M |
|
786
CALL
Dollar General
DG
$26.8B
| $119M | 0.01% |
1,151,500
-123,900
| -10% | -$13.6M |
|
787
CALL
Johnson Controls International
JCI
$92.7B
| $119M | 0.01% |
1,081,500
+262,600
| +32% | +$28.1M |
|
788
CALL
NuScale Power
SMR
$3.94B
| $119M | 0.01% |
3,300,400
+706,300
| +27% | +$28.1M |
|
789
CALL
Zillow
Z
$7.76B
| $119M | 0.01% |
1,541,500
+611,500
| +66% | +$50M |
|
790
CALL
Equinix
EQIX
$102B
| $119M | 0.01% |
151,400
+41,200
| +37% | +$32.2M |
|
791
PUT
Centene
CNC
$32.8B
| $119M | 0.01% |
3,322,700
+2,377,700
| +252% | +$71.8M |
|
792
CALL
Estee Lauder
EL
$31.5B
| $118M | 0.01% |
1,342,300
-198,000
| -13% | -$17.6M |
|
793
PUT
Applied Digital
APLD
$8.54B
| $118M | 0.01% |
5,155,700
+1,743,500
| +51% | +$25.8M |
|
794
CALL
Amphenol
APH
$210B
| $118M | 0.01% |
955,600
+140,500
| +17% | +$15.4M |
|
795
CALL
Cummins
CMI
$87.9B
| $118M | 0.01% |
279,800
+69,500
| +33% | +$26.6M |
|
796
KraneShares CSI China Internet ETF
KWEB
$5.59B
| $118M | 0.01% |
2,808,796
+1,853,127
| +194% | +$69.5M |
|
797
CALL
C.H. Robinson
CHRW
$16.8B
| $118M | 0.01% |
890,200
+351,000
| +65% | +$41.2M |
|
798
McDonald's
MCD
$192B
| $117M | 0.01% |
384,189
-161,839
| -30% | -$49.3M |
|
799
CALL
Cleveland-Cliffs
CLF
$7.11B
| $117M | 0.01% |
9,563,700
+3,955,800
| +71% | +$41.6M |
|
800
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.27B
| $117M | 0.01% |
550,500
-75,200
| -12% | -$14.4M |
|
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.