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 | |
|---|---|---|---|---|---|---|
801
PUT
Corning
GLW
$137B
| $117M | 0.01% |
1,421,500
+825,200
| +138% | +$53.9M |
|
802
PUT
Marriott International
MAR
$91B
| $117M | 0.01% |
447,400
-204,400
| -31% | -$54.9M |
|
803
CALL
Devon Energy
DVN
$50.1B
| $116M | 0.01% |
3,308,200
+311,500
| +10% | +$10.6M |
|
804
State Street SPDR S&P Biotech ETF
XBI
$10.4B
| $116M | 0.01% |
1,153,837
+971,838
| +534% | +$87.5M |
|
805
CALL
Invesco NASDAQ 100 ETF
QQQM
$102B
| $115M | 0.01% |
467,000
+84,500
| +22% | +$19.9M |
|
806
Marvell Technology
MRVL
$189B
| $114M | 0.01% |
1,358,333
-1,017,404
| -43% | -$74.9M |
|
807
CALL
Vanguard Morningstar Growth ETF
VUG
$229B
| $114M | 0.01% |
1,424,400
+333,000
| +31% | +$25.4M |
|
808
PUT
Simon Property Group
SPG
$71.7B
| $114M | 0.01% |
606,300
-134,300
| -18% | -$23.2M |
|
809
CALL
GitLab
GTLB
$7.03B
| $113M | 0.01% |
2,512,800
+1,542,300
| +159% | +$70.6M |
|
810
CALL
Teva Pharmaceuticals
TEVA
$42.5B
| $113M | 0.01% |
5,594,800
+1,744,400
| +45% | +$30.6M |
|
811
PUT
Wayfair
W
$14.2B
| $112M | 0.01% |
1,259,300
-415,600
| -25% | -$30.4M |
|
812
CALL
AstraZeneca
AZN
$249B
| $112M | 0.01% |
732,400
+107,350
| +17% | +$16.2M |
|
813
CALL
WIX.com
WIX
$2.75B
| $112M | 0.01% |
632,200
-222,400
| -26% | -$33.5M |
|
|
814
GitLab
GTLB
$7.03B
| $112M | 0.01% |
2,489,710
+1,725,543
| +226% | +$78.9M |
|
815
PUT
EQT Corp
EQT
$33.7B
| $112M | 0.01% |
2,061,400
+576,900
| +39% | +$30.5M |
|
816
PUT
Rocket Companies
RKT
$39.4B
| $112M | 0.01% |
5,784,500
+4,533,900
| +363% | +$79.1M |
|
817
PUT
Phillips 66
PSX
$88.5B
| $112M | 0.01% |
822,600
+306,900
| +60% | +$39.3M |
|
|
818
PUT
Devon Energy
DVN
$50.1B
| $112M | 0.01% |
3,187,600
-888,100
| -22% | -$30.2M |
|
|
FIG
819
PUT
Figma
FIG
$13.4B
| $111M | 0.01% |
+2,149,400
| New | +$148M |
|
820
PUT
Alcoa
AA
$14B
| $111M | 0.01% |
3,389,700
+467,600
| +16% | +$14.5M |
|
821
CALL
Southern Company
SO
$105B
| $111M | 0.01% |
1,174,000
+70,600
| +6% | +$6.59M |
|
822
CALL
AB InBev
BUD
$159B
| $111M | 0.01% |
1,865,000
+278,200
| +18% | +$17.5M |
|
823
CALL
Williams Companies
WMB
$88.3B
| $111M | 0.01% |
1,751,600
-3,600
| -0.2% | -$211K |
|
824
CALL
QuantumScape Corp
QS
$3.86B
| $111M | 0.01% |
8,999,800
+5,655,400
| +169% | +$55.2M |
|
825
CALL
Howmet Aerospace
HWM
$112B
| $111M | 0.01% |
564,800
-101,000
| -15% | -$18.4M |
|
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.