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 | |
|---|---|---|---|---|---|---|
1276
PUT
Tenet Healthcare
THC
$20.9B
| $54.9M | 0.01% |
270,600
+4,200
| +2% | +$745K |
|
1277
CALL
T. Rowe Price
TROW
$24.3B
| $54.9M | 0.01% |
535,200
+115,400
| +27% | +$12.1M |
|
1278
CALL
iShares MSCI India ETF
INDA
$6.6B
| $54.8M | 0.01% |
1,051,800
-63,300
| -6% | -$3.39M |
|
1279
PUT
TKO Group
TKO
$14.2B
| $54.6M | 0.01% |
270,300
+129,800
| +92% | +$23.7M |
|
1280
CALL
Amplify Junior Silver Miners ETF
SILJ
$3.97B
| $54.5M | 0.01% |
2,360,900
+487,700
| +26% | +$8.53M |
|
1281
Carvana
CVNA
$79.2B
| $54.4M | 0.01% |
720,720
+339,905
| +89% | +$24.3M |
|
1282
CALL
Five Below
FIVE
$13B
| $54.2M | 0.01% |
350,300
-700
| -0.2% | -$99K |
|
1283
PUT
Deckers Outdoor
DECK
$12.8B
| $53.8M | 0.01% |
531,200
-54,900
| -9% | -$5.99M |
|
1284
PUT
Lemonade
LMND
$4.09B
| $53.7M | 0.01% |
1,004,100
+545,000
| +119% | +$26.6M |
|
1285
CALL
Franco-Nevada
FNV
$46.4B
| $53.7M | 0.01% |
240,900
-1,800
| -0.7% | -$324K |
|
|
K
1286
PUT
DELISTED
Kellanova
K
| $53.7M | 0.01% |
654,600
+208,700
| +47% | +$16.6M |
|
1287
CALL
Golar LNG
GLNG
$5.17B
| $53.7M | 0.01% |
1,328,200
+589,500
| +80% | +$24.4M |
|
1288
PUT
HubSpot
HUBS
$11B
| $53.7M | 0.01% |
114,700
-13,500
| -11% | -$6.79M |
|
1289
iShares MSCI EAFE Value ETF
EFV
$30B
| $53.6M | 0.01% |
790,592
+775,621
| +5,181% | +$51.1M |
|
1290
CALL
Raymond James Financial
RJF
$34.6B
| $53.6M | 0.01% |
310,600
+41,000
| +15% | +$6.79M |
|
1291
CALL
KE Holdings
BEKE
$18.7B
| $53.6M | 0.01% |
2,819,400
-407,700
| -13% | -$7.64M |
|
1292
CALL
Caesars Entertainment
CZR
$6.06B
| $53.5M | 0.01% |
1,980,700
+216,900
| +12% | +$5.88M |
|
1293
PUT
Truist Financial
TFC
$63.9B
| $53.4M | 0.01% |
1,168,800
+24,100
| +2% | +$1.09M |
|
1294
PUT
iShares US Aerospace & Defense ETF
ITA
$15B
| $53.2M | 0.01% |
254,200
+86,900
| +52% | +$17.1M |
|
|
JBS
1295
CALL
JBS N.V.
JBS
$42.8B
| $53.1M | 0.01% |
3,559,300
+3,542,300
| +20,837% | +$51.7M |
|
1296
CALL
uniQure
QURE
$3.12B
| $53M | 0.01% |
908,400
-293,800
| -24% | -$5.33M |
|
1297
PNC Financial Services
PNC
$101B
| $53M | 0.01% |
263,791
+33,307
| +14% | +$6.59M |
|
1298
UiPath
PATH
$8.14B
| $53M | 0.01% |
3,958,198
+3,309,358
| +510% | +$39.1M |
|
1299
CALL
VanEck Oil Services ETF
OIH
$1.97B
| $52.9M | 0.01% |
203,400
-139,800
| -41% | -$34.7M |
|
1300
CALL
Illumina
ILMN
$29.1B
| $52.8M | 0.01% |
556,100
-552,400
| -50% | -$54.8M |
|
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.