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 | |
|---|---|---|---|---|---|---|
1401
Vail Resorts
MTN
$5.21B
| $46.5M | 0.01% |
310,969
+273,032
| +720% | +$42.4M |
|
1402
PUT
Emcor
EME
$36.6B
| $46.4M | 0.01% |
71,500
+8,000
| +13% | +$4.85M |
|
|
HUT
1403
Hut 8
HUT
$10.3B
| $46.4M | 0.01% |
1,333,314
+662,963
| +99% | +$16.8M |
|
|
ETH
1404
CALL
Grayscale Ethereum Staking Mini ETF Shares
ETH
$1.72B
| $46.4M | 0.01% |
1,183,800
+965,000
| +441% | +$35.6M |
|
1405
CALL
Rambus
RMBS
$10.8B
| $46.3M | 0.01% |
444,100
+265,200
| +148% | +$20.4M |
|
1406
Lowe's Companies
LOW
$122B
| $46.1M | 0.01% |
183,414
+57,815
| +46% | +$14.2M |
|
1407
CALL
BWX Technologies
BWXT
$15.6B
| $46M | 0.01% |
249,500
-92,100
| -27% | -$14.8M |
|
1408
CALL
Signet Jewelers
SIG
$3.62B
| $46M | 0.01% |
479,400
+249,900
| +109% | +$21.4M |
|
1409
CALL
Xcel Energy
XEL
$49.4B
| $46M | 0.01% |
569,800
+513,900
| +919% | +$37.2M |
|
1410
CALL
Ares Management
ARES
$33.6B
| $45.8M | 0.01% |
286,500
+57,000
| +25% | +$10.3M |
|
1411
PUT
MasTec
MTZ
$22.9B
| $45.8M | 0.01% |
215,200
+151,700
| +239% | +$27.8M |
|
1412
PUT
CRISPR Therapeutics
CRSP
$5.23B
| $45.7M | 0.01% |
705,500
+213,600
| +43% | +$12.3M |
|
1413
PUT
Under Armour
UAA
$2.3B
| $45.7M | 0.01% |
9,153,800
+361,400
| +4% | +$2.11M |
|
1414
Global E Online
GLBE
$7.08B
| $45.6M | 0.01% |
1,276,042
+838,074
| +191% | +$28.6M |
|
1415
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.48B
| $45.6M | 0.01% |
2,161,095
-4,768,243
| -69% | -$64.6M |
|
1416
Ford
F
$55.3B
| $45.5M | 0.01% |
3,805,750
-4,151,435
| -52% | -$47.8M |
|
1417
PUT
ZIM Integrated Shipping Services
ZIM
$3.24B
| $45.5M | 0.01% |
3,356,900
-248,600
| -7% | -$3.77M |
|
1418
Navitas Semiconductor
NVTS
$3.56B
| $45.5M | 0.01% |
6,295,601
+2,720,838
| +76% | +$18.2M |
|
1419
PUT
Steel Dynamics
STLD
$37.3B
| $45.4M | 0.01% |
325,400
+85,500
| +36% | +$11.2M |
|
1420
CALL
Markel Group
MKL
$22.8B
| $45.3M | 0.01% |
23,700
+5,200
| +28% | +$10.2M |
|
1421
CALL
Advance Auto Parts
AAP
$3.47B
| $45.2M | 0.01% |
736,500
+24,300
| +3% | +$1.44M |
|
1422
CALL
MGM Resorts International
MGM
$11.1B
| $45.1M | 0.01% |
1,301,500
+80,500
| +7% | +$2.95M |
|
1423
PUT
Lamar Advertising Co
LAMR
$15.8B
| $45.1M | 0.01% |
368,200
+358,200
| +3,582% | +$44.5M |
|
1424
Delta Air Lines
DAL
$60.1B
| $45.1M | 0.01% |
794,260
-235,938
| -23% | -$13.5M |
|
1425
PUT
ProShares Bitcoin Strategy ETF
BITO
$1.43B
| $45M | 0.01% |
2,287,900
+1,145,400
| +100% | +$23.9M |
|
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.