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 | |
|---|---|---|---|---|---|---|
1076
United Therapeutics
UTHR
$22.1B
| $74M | 0.01% |
176,531
+153,265
| +659% | +$51.5M |
|
1077
PUT
Kratos Defense & Security Solutions
KTOS
$12B
| $73.6M | 0.01% |
805,300
+521,700
| +184% | +$33.4M |
|
1078
PUT
SAP
SAP
$242B
| $73.5M | 0.01% |
275,200
+52,800
| +24% | +$14.8M |
|
1079
PUT
C.H. Robinson
CHRW
$17B
| $73.5M | 0.01% |
555,300
+536,600
| +2,870% | +$63M |
|
1080
PUT
Allstate
ALL
$66.3B
| $73.5M | 0.01% |
342,200
+96,400
| +39% | +$19.5M |
|
1081
Credo Technology Group
CRDO
$46.2B
| $73.4M | 0.01% |
504,187
-310,135
| -38% | -$38M |
|
|
ETOR
1082
eToro Group
ETOR
$2.33B
| $73.2M | 0.01% |
+1,774,497
| New | +$91.3M |
|
1083
CALL
Credit Acceptance
CACC
$5.94B
| $73.2M | 0.01% |
156,800
+14,100
| +10% | +$7.04M |
|
1084
CALL
Coherent
COHR
$64.3B
| $73.1M | 0.01% |
678,800
-227,000
| -25% | -$22.6M |
|
1085
CALL
Emerson Electric
EMR
$91.7B
| $73M | 0.01% |
556,200
-359,500
| -39% | -$49M |
|
1086
PUT
Southern Company
SO
$106B
| $72.9M | 0.01% |
769,000
+138,800
| +22% | +$13M |
|
1087
NIO
NIO
$11.6B
| $72.8M | 0.01% |
9,551,876
+5,419,860
| +131% | +$29.2M |
|
1088
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $72.8M | 0.01% |
1,171,500
-769,200
| -40% | -$46.2M |
|
1089
Humana
HUM
$44.8B
| $72.7M | 0.01% |
279,611
-64,916
| -19% | -$17.1M |
|
1090
CALL
DuPont de Nemours
DD
$19.5B
| $72.7M | 0.01% |
743,848
+122,368
| +20% | +$11.5M |
|
|
TIGR
1091
UP Fintech Holding
TIGR
$849M
| $72.7M | 0.01% |
6,811,001
+4,828,151
| +243% | +$51.8M |
|
1092
PUT
Waste Management
WM
$90.7B
| $72.6M | 0.01% |
328,700
-283,700
| -46% | -$63.9M |
|
1093
CALL
Novartis
NVS
$294B
| $72.6M | 0.01% |
565,800
-226,100
| -29% | -$27.6M |
|
1094
FedEx
FDX
$76.3B
| $72.6M | 0.01% |
307,681
-76,676
| -20% | -$17.7M |
|
1095
PUT
Cboe Global Markets
CBOE
$29.5B
| $72.5M | 0.01% |
295,800
+129,400
| +78% | +$31.1M |
|
1096
CALL
Peabody Energy
BTU
$2.98B
| $72.4M | 0.01% |
2,728,400
+1,527,100
| +127% | +$27.2M |
|
1097
PUT
Brighthouse Financial
BHF
$3.38B
| $72.2M | 0.01% |
1,360,000
+1,093,600
| +411% | +$53.4M |
|
1098
Verizon
VZ
$196B
| $72.1M | 0.01% |
1,641,183
+512,823
| +45% | +$22.2M |
|
1099
PUT
Clorox
CLX
$13.1B
| $72.1M | 0.01% |
584,900
-23,800
| -4% | -$2.95M |
|
1100
CALL
Bilibili
BILI
$7.53B
| $72M | 0.01% |
2,561,700
+778,800
| +44% | +$18.7M |
|
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.