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 | |
|---|---|---|---|---|---|---|
926
CALL
L3Harris
LHX
$53.3B
| $95.5M | 0.01% |
312,700
-49,000
| -14% | -$13.4M |
|
927
PUT
Norfolk Southern
NSC
$75.2B
| $95.2M | 0.01% |
316,800
+187,100
| +144% | +$52M |
|
928
CALL
Old National Bancorp
ONB
$10.3B
| $94.4M | 0.01% |
4,301,300
-7,100
| -0.2% | -$157K |
|
929
CALL
Eos Energy Enterprises
EOSE
$1.55B
| $94.3M | 0.01% |
8,280,800
+3,598,200
| +77% | +$24.6M |
|
930
CALL
Alaska Air
ALK
$5.4B
| $94.3M | 0.01% |
1,894,400
+1,525,700
| +414% | +$84.8M |
|
931
PUT
Kroger
KR
$34.5B
| $94.2M | 0.01% |
1,397,600
-571,800
| -29% | -$39.8M |
|
932
CALL
PNC Financial Services
PNC
$101B
| $93.7M | 0.01% |
466,100
+122,700
| +36% | +$24.3M |
|
933
PUT
D-Wave Quantum Inc. Common Stock
QBTS
$7.53B
| $93.6M | 0.01% |
3,788,900
-34,200
| -0.9% | -$623K |
|
|
HUT
934
PUT
Hut 8
HUT
$10.9B
| $93.5M | 0.01% |
2,685,000
+515,700
| +24% | +$13.1M |
|
935
CALL
Realty Income
O
$58.6B
| $93.2M | 0.01% |
1,532,900
-3,900
| -0.3% | -$227K |
|
936
CALL
Ciena
CIEN
$54.8B
| $93M | 0.01% |
638,700
+399,800
| +167% | +$40.7M |
|
937
IBM
IBM
$225B
| $93M | 0.01% |
329,591
+46,876
| +17% | +$12.3M |
|
|
DOCU
938
PUT
DocuSign
DOCU
$11.3B
| $92.8M | 0.01% |
1,287,900
-252,600
| -16% | -$19.5M |
|
939
CALL
HubSpot
HUBS
$11B
| $92.8M | 0.01% |
198,400
+73,800
| +59% | +$37.1M |
|
940
MongoDB
MDB
$35.3B
| $92.7M | 0.01% |
298,764
-24,244
| -8% | -$6.23M |
|
941
CALL
First Majestic Silver
AG
$9.34B
| $92.6M | 0.01% |
7,534,000
+2,939,500
| +64% | +$27.2M |
|
|
CRWV
942
CoreWeave
CRWV
$49.3B
| $92.5M | 0.01% |
676,017
+479,183
| +243% | +$56.7M |
|
|
943
PUT
Realty Income
O
$58.6B
| $92.4M | 0.01% |
1,520,600
+287,600
| +23% | +$16.8M |
|
944
CALL
2x Bitcoin ETF
BITX
$866M
| $92.4M | 0.01% |
1,677,700
-508,100
| -23% | -$29.7M |
|
945
PUT
iShares US Real Estate ETF
IYR
$4.48B
| $91.5M | 0.01% |
942,100
-1,094,700
| -54% | -$105M |
|
946
PUT
Ferrari
RACE
$72.1B
| $91.4M | 0.01% |
188,400
+30,100
| +19% | +$14.4M |
|
947
CALL
CRH
CRH
$67.4B
| $91.3M | 0.01% |
761,200
+200,300
| +36% | +$21.2M |
|
948
CALL
State Street SPDR S&P Homebuilders ETF
XHB
$1.61B
| $91.2M | 0.01% |
823,300
+34,800
| +4% | +$3.82M |
|
|
CNR
949
CALL
Core Natural Resources Inc
CNR
$4.65B
| $91.2M | 0.01% |
1,092,000
+871,000
| +394% | +$65.3M |
|
950
PUT
Teva Pharmaceuticals
TEVA
$42.5B
| $91.1M | 0.01% |
4,511,000
+874,400
| +24% | +$15.4M |
|
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.