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 | |
|---|---|---|---|---|---|---|
1526
CALL
Coeur Mining
CDE
$19B
| $39.6M | ﹤0.01% |
2,111,700
+551,400
| +35% | +$6.75M |
|
1527
CALL
Doximity
DOCS
$4.74B
| $39.6M | ﹤0.01% |
541,200
+138,500
| +34% | +$9.03M |
|
1528
CALL
Ramaco Resources Class A
METC
$667M
| $39.6M | ﹤0.01% |
1,192,100
+955,700
| +404% | +$22.2M |
|
1529
CALL
Old Dominion Freight Line
ODFL
$44.7B
| $39.5M | ﹤0.01% |
280,900
+132,100
| +89% | +$20.2M |
|
1530
PUT
Vanguard Morningstar Growth ETF
VUG
$231B
| $39.5M | ﹤0.01% |
494,400
+127,800
| +35% | +$9.77M |
|
|
MRUS
1531
CALL
DELISTED
Merus
MRUS
| $39.3M | ﹤0.01% |
417,400
+314,000
| +304% | +$20.5M |
|
|
GRMN
1532
CALL
Garmin
GRMN
$60.2B
| $39.3M | ﹤0.01% |
159,500
+52,000
| +48% | +$12M |
|
1533
Progressive
PGR
$121B
| $39.3M | ﹤0.01% |
158,967
+10,567
| +7% | +$2.6M |
|
1534
CALL
Edwards Lifesciences
EW
$53.4B
| $39.2M | ﹤0.01% |
504,600
+13,200
| +3% | +$1.03M |
|
1535
PUT
BioNTech
BNTX
$23.1B
| $39.2M | ﹤0.01% |
397,400
+3,300
| +0.8% | +$353K |
|
1536
CALL
Grayscale Bitcoin Trust
GBTC
$9.51B
| $39.2M | ﹤0.01% |
436,300
-58,500
| -12% | -$5.26M |
|
1537
Sable Offshore Corp
SOC
$773M
| $39.2M | ﹤0.01% |
2,243,067
+1,126,703
| +101% | +$28.9M |
|
1538
PUT
Carlyle Group
CG
$18.3B
| $39.1M | ﹤0.01% |
622,900
+106,300
| +21% | +$6.64M |
|
1539
CALL
Quest Diagnostics
DGX
$26.1B
| $39M | ﹤0.01% |
204,700
+41,000
| +25% | +$7.28M |
|
1540
CALL
The Mosaic Company
MOS
$6.92B
| $38.9M | ﹤0.01% |
1,121,800
+26,400
| +2% | +$909K |
|
1541
Dollar Tree
DLTR
$24.9B
| $38.9M | ﹤0.01% |
412,200
-178,969
| -30% | -$19.2M |
|
1542
PUT
BridgeBio Pharma
BBIO
$15.9B
| $38.9M | ﹤0.01% |
748,700
+151,300
| +25% | +$7.38M |
|
|
CDTX
1543
PUT
DELISTED
Cidara Therapeutics
CDTX
| $38.8M | ﹤0.01% |
405,400
+39,200
| +11% | +$2.5M |
|
1544
PUT
Dominion Energy
D
$60.3B
| $38.8M | ﹤0.01% |
633,900
+286,500
| +82% | +$17M |
|
1545
PUT
Alpha Metallurgical Resources
AMR
$1.97B
| $38.8M | ﹤0.01% |
236,300
+31,100
| +15% | +$4.31M |
|
1546
CALL
GeneDx Holdings
WGS
$2.36B
| $38.7M | ﹤0.01% |
359,500
-435,200
| -55% | -$47.4M |
|
|
NGD
1547
CALL
DELISTED
New Gold Inc
NGD
| $38.7M | ﹤0.01% |
5,391,000
+172,200
| +3% | +$932K |
|
1548
PUT
Shift4
FOUR
$3.79B
| $38.7M | ﹤0.01% |
499,800
+281,300
| +129% | +$26.1M |
|
1549
CALL
Equinox Gold
EQX
$13.1B
| $38.7M | ﹤0.01% |
3,446,200
+3,244,900
| +1,612% | +$25.8M |
|
1550
United Rentals
URI
$69.7B
| $38.7M | ﹤0.01% |
40,502
+2,718
| +7% | +$2.42M |
|
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.