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 | |
|---|---|---|---|---|---|---|
1601
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$278M
| $36.7M | ﹤0.01% |
703,100
-38,720
| -5% | -$2.69M |
|
1602
PUT
The Mosaic Company
MOS
$6.92B
| $36.7M | ﹤0.01% |
1,057,900
-34,000
| -3% | -$1.17M |
|
1603
CALL
Gold Fields
GFI
$35.4B
| $36.7M | ﹤0.01% |
873,800
+121,300
| +16% | +$3.76M |
|
1604
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $36.7M | ﹤0.01% |
451,415
+201,698
| +81% | +$16.3M |
|
1605
PUT
Labcorp
LH
$26.2B
| $36.6M | ﹤0.01% |
127,600
-14,700
| -10% | -$3.94M |
|
1606
CALL
PACCAR
PCAR
$68.8B
| $36.6M | ﹤0.01% |
372,500
+246,900
| +197% | +$24.4M |
|
1607
PUT
Stanley Black & Decker
SWK
$15.4B
| $36.6M | ﹤0.01% |
491,800
-27,800
| -5% | -$2.04M |
|
1608
PUT
Alaska Air
ALK
$5.3B
| $36.4M | ﹤0.01% |
732,200
+377,100
| +106% | +$21M |
|
1609
CALL
Floor & Decor
FND
$6.27B
| $36.4M | ﹤0.01% |
493,900
+312,700
| +173% | +$25.6M |
|
1610
First Majestic Silver
AG
$9.26B
| $36.3M | ﹤0.01% |
+2,957,581
| New | +$27.4M |
|
|
NVO
1611
Novo Nordisk
NVO
$205B
| $36.3M | ﹤0.01% |
653,691
-753,067
| -54% | -$44.1M |
|
1612
PUT
Doximity
DOCS
$4.74B
| $36.2M | ﹤0.01% |
495,400
+101,500
| +26% | +$6.62M |
|
1613
CALL
PennyMac Financial
PFSI
$4.13B
| $36.1M | ﹤0.01% |
291,800
+67,900
| +30% | +$7.35M |
|
1614
Toast
TOST
$20.4B
| $36.1M | ﹤0.01% |
989,986
+713,676
| +258% | +$31M |
|
1615
Stryker
SYK
$131B
| $36.1M | ﹤0.01% |
97,701
+46,237
| +90% | +$17.9M |
|
1616
CALL
Keurig Dr Pepper
KDP
$42.3B
| $36.1M | ﹤0.01% |
1,415,300
+559,300
| +65% | +$17.5M |
|
1617
PUT
Becton Dickinson
BDX
$49.6B
| $36.1M | ﹤0.01% |
192,800
-47,700
| -20% | -$8.86M |
|
1618
PUT
Nutrien
NTR
$32.2B
| $36.1M | ﹤0.01% |
614,500
+159,600
| +35% | +$9.3M |
|
1619
PUT
Illumina
ILMN
$29.1B
| $36.1M | ﹤0.01% |
379,800
+43,200
| +13% | +$4.28M |
|
1620
e.l.f. Beauty
ELF
$5.43B
| $36.1M | ﹤0.01% |
272,208
-253,222
| -48% | -$31.2M |
|
1621
Lyft
LYFT
$6.48B
| $36.1M | ﹤0.01% |
1,638,331
-441,522
| -21% | -$7.39M |
|
|
EH
1622
PUT
EHang Holdings
EH
$442M
| $36M | ﹤0.01% |
1,936,000
+823,500
| +74% | +$14.4M |
|
1623
PUT
Ares Management
ARES
$33.7B
| $35.9M | ﹤0.01% |
224,700
+73,300
| +48% | +$13.2M |
|
1624
CAVA Group
CAVA
$8.43B
| $35.9M | ﹤0.01% |
594,091
+180,727
| +44% | +$13.7M |
|
1625
Quantum Computing Inc
QUBT
$2.02B
| $35.8M | ﹤0.01% |
1,946,473
+755,649
| +63% | +$13M |
|
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.