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 | |
|---|---|---|---|---|---|---|
1451
CALL
AES
AES
$10.5B
| $43.7M | 0.01% |
3,323,500
+955,200
| +40% | +$12.4M |
|
1452
Dollar General
DG
$26.9B
| $43.7M | 0.01% |
423,159
-474,137
| -53% | -$52M |
|
1453
CALL
Canadian Natural Resources
CNQ
$98.1B
| $43.7M | 0.01% |
1,366,800
+112,700
| +9% | +$3.53M |
|
1454
CALL
iShares National Muni Bond ETF
MUB
$45.9B
| $43.7M | 0.01% |
410,000
+59,700
| +17% | +$6.25M |
|
1455
CALL
Schwab US Dividend Equity ETF
SCHD
$108B
| $43.5M | 0.01% |
1,591,900
-110,300
| -6% | -$3.01M |
|
1456
United Parcel Service
UPS
$89.8B
| $43.4M | 0.01% |
519,229
+148,449
| +40% | +$13.4M |
|
1457
PUT
Johnson Controls International
JCI
$91.7B
| $43.3M | ﹤0.01% |
393,700
-253,700
| -39% | -$27.1M |
|
1458
Altria Group
MO
$109B
| $43.1M | ﹤0.01% |
652,541
-56,682
| -8% | -$3.59M |
|
1459
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$623M
| $43.1M | ﹤0.01% |
460,400
-306,100
| -40% | -$21.6M |
|
1460
PUT
Alexandria Real Estate Equities
ARE
$8.33B
| $43.1M | ﹤0.01% |
516,600
+12,900
| +3% | +$1.03M |
|
1461
PUT
Golar LNG
GLNG
$5.21B
| $43M | ﹤0.01% |
1,064,700
+406,300
| +62% | +$16.8M |
|
|
MSTX
1462
PUT
Defiance Daily Target 2x Long MSTR ETF
MSTX
$138M
| $42.8M | ﹤0.01% |
200,240
+84,020
| +72% | +$26.5M |
|
1463
PUT
QuantumScape Corp
QS
$3.79B
| $42.8M | ﹤0.01% |
3,473,800
+1,819,900
| +110% | +$17.8M |
|
1464
PUT
Energy Fuels
UUUU
$3.64B
| $42.8M | ﹤0.01% |
2,787,500
+1,324,400
| +91% | +$14.1M |
|
1465
PUT
Idexx Laboratories
IDXX
$44.7B
| $42.7M | ﹤0.01% |
66,900
+12,600
| +23% | +$7.65M |
|
1466
PUT
Ralph Lauren
RL
$23.1B
| $42.7M | ﹤0.01% |
136,200
-11,800
| -8% | -$3.52M |
|
1467
PUT
Lamb Weston
LW
$7.39B
| $42.5M | ﹤0.01% |
731,400
+233,700
| +47% | +$12.8M |
|
1468
PUT
AB InBev
BUD
$158B
| $42.4M | ﹤0.01% |
711,500
-188,800
| -21% | -$11.9M |
|
1469
PUT
Samsara
IOT
$24B
| $42.3M | ﹤0.01% |
1,136,100
+155,600
| +16% | +$5.78M |
|
1470
Zillow
ZG
$8.15B
| $42.3M | ﹤0.01% |
567,708
+4,529
| +0.8% | +$357K |
|
1471
KKR & Co
KKR
$103B
| $42.2M | ﹤0.01% |
324,856
-79,843
| -20% | -$11.3M |
|
1472
CALL
NetEase
NTES
$78.5B
| $42.1M | ﹤0.01% |
277,300
+21,500
| +8% | +$2.96M |
|
1473
Celestica
CLS
$43.8B
| $42.1M | ﹤0.01% |
171,054
+94,957
| +125% | +$19.1M |
|
1474
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$192M
| $42.1M | ﹤0.01% |
1,202,300
+235,000
| +24% | +$8.84M |
|
1475
CALL
Brinker International
EAT
$10.2B
| $42M | ﹤0.01% |
331,800
-22,300
| -6% | -$3.48M |
|
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.