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 | |
|---|---|---|---|---|---|---|
1551
PUT
Cencora
COR
$59.2B
| $38.6M | ﹤0.01% |
123,500
-19,600
| -14% | -$5.77M |
|
1552
PUT
Air Products & Chemicals
APD
$68B
| $38.5M | ﹤0.01% |
141,300
-28,000
| -17% | -$8.11M |
|
1553
PUT
UiPath
PATH
$8.64B
| $38.5M | ﹤0.01% |
2,879,400
+1,285,300
| +81% | +$15.2M |
|
1554
PUT
Builders FirstSource
BLDR
$7.91B
| $38.5M | ﹤0.01% |
317,600
-159,600
| -33% | -$21.2M |
|
1555
PUT
Ondas Inc
ONDS
$5.08B
| $38.5M | ﹤0.01% |
4,983,300
+3,998,500
| +406% | +$16.6M |
|
1556
CALL
DaVita
DVA
$11.4B
| $38.4M | ﹤0.01% |
289,300
+124,800
| +76% | +$17.1M |
|
1557
CALL
Cenovus Energy
CVE
$56.4B
| $38.4M | ﹤0.01% |
2,260,800
+1,034,600
| +84% | +$16.2M |
|
1558
Sea Limited
SE
$75.5B
| $38.4M | ﹤0.01% |
214,726
+141,553
| +193% | +$24.3M |
|
1559
PUT
CDW
CDW
$17.8B
| $38.4M | ﹤0.01% |
240,900
+185,700
| +336% | +$31.6M |
|
1560
CALL
Targa Resources
TRGP
$57.2B
| $38.3M | ﹤0.01% |
228,400
+24,200
| +12% | +$4.03M |
|
1561
PUT
Powell Industries
POWL
$7.43B
| $38.3M | ﹤0.01% |
376,500
-206,400
| -35% | -$17.5M |
|
1562
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$696B
| $37.9M | ﹤0.01% |
115,500
-26,500
| -19% | -$8.37M |
|
|
GRAL
1563
CALL
GRAIL Inc
GRAL
$3.05B
| $37.8M | ﹤0.01% |
639,600
-193,100
| -23% | -$7.38M |
|
1564
Cameco
CCJ
$42.6B
| $37.8M | ﹤0.01% |
450,563
+58,046
| +15% | +$4.5M |
|
1565
Danaher
DHR
$143B
| $37.8M | ﹤0.01% |
190,569
-13,119
| -6% | -$2.61M |
|
|
TTAN
1566
CALL
ServiceTitan Inc
TTAN
$8.94B
| $37.8M | ﹤0.01% |
374,600
-77,500
| -17% | -$8.5M |
|
1567
CALL
Bitdeer Technologies
BTDR
$2.38B
| $37.7M | ﹤0.01% |
2,205,600
+473,900
| +27% | +$6.65M |
|
1568
CALL
Uranium Energy
UEC
$5.54B
| $37.7M | ﹤0.01% |
2,825,100
+2,154,500
| +321% | +$21.6M |
|
1569
CALL
Fastenal
FAST
$58.9B
| $37.7M | ﹤0.01% |
768,200
+153,900
| +25% | +$7.27M |
|
1570
Texas Pacific Land
TPL
$23.9B
| $37.6M | ﹤0.01% |
120,930
+93,162
| +336% | +$29.3M |
|
1571
CALL
Elastic
ESTC
$8.94B
| $37.6M | ﹤0.01% |
445,200
+271,400
| +156% | +$22.9M |
|
1572
CALL
Rubrik
RBRK
$21.6B
| $37.6M | ﹤0.01% |
457,300
+30,700
| +7% | +$2.64M |
|
1573
CALL
Akamai
AKAM
$18B
| $37.5M | ﹤0.01% |
494,500
-72,600
| -13% | -$5.6M |
|
1574
CALL
Blue Owl Capital
OWL
$19.7B
| $37.4M | ﹤0.01% |
2,208,800
+875,600
| +66% | +$16.7M |
|
1575
CALL
CoStar Group
CSGP
$13.4B
| $37.4M | ﹤0.01% |
442,900
-100,600
| -19% | -$8.89M |
|
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.