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 | |
|---|---|---|---|---|---|---|
1576
CALL
Bentley Systems
BSY
$11B
| $37.4M | ﹤0.01% |
725,700
+235,200
| +48% | +$12.9M |
|
1577
Alcoa
AA
$13.1B
| $37.3M | ﹤0.01% |
1,135,324
+269,205
| +31% | +$8.37M |
|
|
MPT
1578
PUT
Medical Properties Trust
MPT
$2.51B
| $37.3M | ﹤0.01% |
7,355,300
-1,364,000
| -16% | -$6.01M |
|
1579
Thomson Reuters
TRI
$46B
| $37.3M | ﹤0.01% |
236,192
-358,267
| -60% | -$66.8M |
|
1580
PUT
CarMax
KMX
$8.52B
| $37.2M | ﹤0.01% |
829,900
+482,200
| +139% | +$28.8M |
|
1581
CALL
Maplebear
CART
$11.6B
| $37.2M | ﹤0.01% |
1,011,300
+75,400
| +8% | +$3.47M |
|
1582
CALL
Century Aluminum
CENX
$4.59B
| $37.2M | ﹤0.01% |
1,265,700
+807,400
| +176% | +$18.3M |
|
1583
Fidelity High Dividend ETF
FDVV
$10.5B
| $37.1M | ﹤0.01% |
666,515
+38,552
| +6% | +$2.1M |
|
1584
Cadence Design Systems
CDNS
$89.2B
| $37M | ﹤0.01% |
105,434
-34,631
| -25% | -$11.9M |
|
1585
CALL
MarketAxess Holdings
MKTX
$5.72B
| $37M | ﹤0.01% |
212,500
+170,500
| +406% | +$33.4M |
|
1586
Transocean
RIG
$6.39B
| $37M | ﹤0.01% |
11,861,221
+7,789,569
| +191% | +$23.5M |
|
1587
Cintas
CTAS
$80.3B
| $37M | ﹤0.01% |
180,218
+72,179
| +67% | +$15.4M |
|
1588
CALL
American Eagle Outfitters
AEO
$2.73B
| $36.9M | ﹤0.01% |
2,159,400
+1,675,500
| +346% | +$22.9M |
|
1589
CALL
iShares US Aerospace & Defense ETF
ITA
$14.9B
| $36.9M | ﹤0.01% |
176,500
-280,000
| -61% | -$55.2M |
|
1590
ConocoPhillips
COP
$150B
| $36.9M | ﹤0.01% |
390,331
+51,216
| +15% | +$4.84M |
|
1591
Zoom
ZM
$32.2B
| $36.9M | ﹤0.01% |
447,199
+237,556
| +113% | +$18.5M |
|
1592
Oscar Health
OSCR
$9.5B
| $36.9M | ﹤0.01% |
1,948,418
-245,567
| -11% | -$4.05M |
|
1593
B2Gold
BTG
$6.7B
| $36.9M | ﹤0.01% |
7,449,482
+2,751,268
| +59% | +$10.8M |
|
1594
PUT
BHP
BHP
$222B
| $36.8M | ﹤0.01% |
660,500
-138,900
| -17% | -$7.39M |
|
1595
CALL
Granite Construction
GVA
$5.41B
| $36.8M | ﹤0.01% |
335,800
+63,000
| +23% | +$6.47M |
|
1596
CALL
iShares MSCI China ETF
MCHI
$6.14B
| $36.8M | ﹤0.01% |
558,500
+12,000
| +2% | +$719K |
|
1597
NextNav
NN
$3.29B
| $36.8M | ﹤0.01% |
2,570,442
+1,099,754
| +75% | +$17.4M |
|
1598
Fluor
FLR
$7B
| $36.7M | ﹤0.01% |
873,280
-327,027
| -27% | -$15.1M |
|
1599
Domino's
DPZ
$11.6B
| $36.7M | ﹤0.01% |
85,063
-1,363
| -2% | -$619K |
|
1600
International Paper
IP
$21.8B
| $36.7M | ﹤0.01% |
791,093
+560,726
| +243% | +$27.4M |
|
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.